Kcom Share Discussion Threads

[skinny] 07/6/2013 07:47

Who knows in the current market.

The dividend increase puts it on @5.72% yield - which means I'll keep holding.

[solarno lopez] 07/6/2013 07:42

Therefore was yesterdays drop justifiable ?

[skinny] 07/6/2013 07:02

"Improving quality and long term sustainability of the business"

Summary

· Group performance in line with expectations
· Strengthening competitive position in target markets
· Strong performance in KC
· Progress in Kcom strategic focus areas
· Implementation of asset backed partnership
· Net debt at 1.1 times EBITDA
· Full year dividend of 4.4p per share, an increase of 10 per cent
· Commitment to grow dividend, at 10 per cent per annum to 2016

[solarno lopez] 06/6/2013 16:06

Thanks Skinny

[skinny] 06/6/2013 16:01

Average volume.



Most recent Broker updates :-

03 Jun 13 JP Morgan Cazenove Neutral 77.33 80.00 - Reiterates

30 May 13 Liberum Capital Buy 77.33 75.00 - Reiterates

[solarno lopez] 06/6/2013 15:59

somethimg not right here

[solarno lopez] 06/6/2013 15:46

why the fall

[realcooltrader] 05/6/2013 15:54

Hmmm, leaked news about Friday's results?

[realcooltrader] 05/6/2013 12:03

Courtesy of performer from iii:

hxxp://www.investorsintelligence.co.uk/2013/06/04/dividend-of-the-week-kcom

Edit: not sure ADVFN is changing h ttp to hxxp?

[birdsedgeuk] 31/5/2013 22:19

Ive made some money this week following traderdiary.co.ukBRW was a beauty from last weeks buy.The research is excellent and I think he has an eye for spotting a share

[skinny] 13/5/2013 12:05

New high @87p touched.

[skinny] 08/5/2013 09:49

Espirito Santo Execution Noble Buy 85.15 84.50 100.00 100.00 Retains

[fireman bob] 30/4/2013 22:21

I know there are reasons that could hold this back but for the moment it seems keen to try again to break that 85p level, results on 11th June should make things clearer with debt/pensions/company performance etc. Maybe it's the yield drawing people in just now

[mayers] 30/4/2013 22:15

Plenty of time to fall back f.bob. What about the debt?

[fireman bob] 30/4/2013 18:44

Looking interesting here, 5 weeks to results and it's having another go at the resistance at 85p

[skinny] 17/4/2013 13:21

Barclays Capital Overweight 82.35 82.00 95.00 95.00 Reiterates

[skinny] 04/4/2013 07:16

KCOM Group ("the Group") announces it has entered a close period, ahead of its preliminary results announcement for the year ended 31 March 2013. The Board confirms that trading has remained in line with market expectations.

The preliminary results will be released on 11 June 2013 and will include, as previously stated, an update on the Group's future dividend policy.

Pension Update

The Group is pleased to announce also that it has reached an agreement with the Trustees of its Defined Benefit Pension Schemes ("the Schemes") to create an asset backed Partnership ("the Partnership"), providing the Group with an efficient mechanism of funding the Schemes' current deficit position.

The Group has transferred into the Partnership its interest in certain freehold properties, entitling the Schemes to an annual income distribution of £1.05 million, rising in line with the Consumer Price Index (CPI), over a potential period of 15 years. The total value of this income distribution to the Schemes is £10.0 million, which the Company anticipates will attract full corporation tax relief for the year ending 31 March 2013. In recognition of that value and the security provided to the Schemes by the income stream, the Group has agreed with the Trustees that no deficit repair contributions will be due in respect of the financial year ending 31 March 2014. The agreement was reached ahead of the Scheme's 2013 triennial valuation.

The Group continues to work closely with the Trustees on further funding options, including the ability to provide additional efficient income streams through the Partnership and envisages being able to provide an update as to the Schemes' funding position and deficit repair plan at the preliminary results announcement in June.


ends

[realcooltrader] 03/4/2013 11:09

We should be getting a Pre-Close Statement this week, last year's was on 2nd April:



Hopefully tomorrow.

[skinny] 15/3/2013 16:47

Uncrossed +4.5% after extended auction.

[skinny] 13/2/2013 16:30

RSI picking up here.

[skinny] 06/2/2013 12:00

Appointment of Joint Brokers

KCOM Group PLC announces that Barclays and Oriel Securities have been appointed joint corporate brokers to the Company with immediate effect.

For further information please visit: www.kcomplc.com