Knowledge Technology Solutions Share Discussion Threads

[53tom] 15/12/2006 10:55

The shares seem to have been pre-allocated before the EGM. If assume that one person/fund has bought all 160,000,000 shares then they have well over 50% of the company!
Course I may just be assuming too much.

[bluenose851] 15/12/2006 09:09

missed that!!

I am amazed. Usually when a company keeps offerng jam tomorrow, the city gets fed up with the story yet still further funds have been raised. Maybe discretionary money?? I remain VERY unconviced!

[53tom] 14/12/2006 18:14

The crazy thing is that they DID raise even further funds (£1.6m) and the 160,000,000 additional shares started trading last monday. Question is - who bought them and what financial information convinced them to commit to such an investment.
I would have thought it would have to be a fairly convincing case, so perhaps, just perhaps, there is a brighter future ahead for KTS?
They are cutting £500,000 from their overheads, and reckon they have some serious interest from banks in their latest product offerings.
I remain sceptical until orders and financials improve.

[bluenose851] 14/12/2006 10:53

the crazy thing is they are looking to raise even further funds!!!

[dell314] 11/12/2006 10:04

The timing of Mike Walters promotion of this stock appears to have been very helpful doesn't it...........

All IMHO, DYOR etc.

Rgds
dell

[slapdash] 11/12/2006 09:56

just incredible... the stupidity of investors and the greed of brokers... (no surprise where corporate synergy is concerned).

this simply doesn't deserve any more money...

On their core product (Market terminal) the competition in the shape of Royal Blue Fidessa appears to be doing much better... they have about 3,000 subscribers versus 800 for KTS and so will be able to continually invest in their product and take subscribers off KTS... Fidessa's system is cheaper and better.....

Well we have another two years of dodge RNS from KTS to contend with until they give up the ghost if that doesn't happen sooner..

[bluenose851] 07/12/2006 08:58

it took me a while to figure out that maybe he wasnt as connected as he made out (JOKING!!!!!), but now i cant even ask him as he has disappeared!!!

[the count] 06/12/2006 18:00

THE COUNT--->BLUENOSE851

But I thought Pillow said that Bill Gates was going to take this one over and conquer the world for KTS. You've shattered my illusions. :-)

THE COUNT!

[bluenose851] 06/12/2006 15:35

think we can all tell how bad this one has got...even pillow isnt making up stories or trying to ramp them anymore!!!!

[slapdash] 05/12/2006 13:20

On the basis that their Cost of goods sold go up with sales 1 to 1 I don't understand how they can ever make profits??? How can they ever cover their overheads of £1m???

I think probably thier overheads ore a bunch of sales people and developers. Well they need to cut these down massively by maybe employing Indian developers and by selling directly.

I think they have a reasonable product but they are just in a hyper competitive market and their CEO apppears to have the ego the size of a planet...

Slapper

[bluenose851] 05/12/2006 09:14

i know margins are slim on this kind of product!! The more you go around the brokers asking them what they want, the more they want and the more it costs. The problem is to secure a deal for one broker may involve includng feeds that have to be paid for no only for instalation but also per head, and that many other brokers do not want or require. Some of themore obscure exchanges are an easy case in point.

[slapdash] 04/12/2006 14:34

Blue... yup another dilution and disaster for existing shareholders...

The worrying thing as you say is that turnover goes up but so do costs...

Basically that appears to show they get very low gross margins on what they are selling..

So they sold 1,417,063 but the costs of selling it were £1,316,988.... which gives paltry gross profits of about £100,000... their fixed costs are about £1.2m.... so according to that they would need turnover to go up 10X to cover their fixed admin costs with their gross profit.... roughly...

All looks disasterous unless they can sell some high-margin stuff...

What appears to be happening is that the majority of their product is made up of exchange fees and licensing for the lonodn stock exchange... this analysis is only wrong if distribution costs (Cost of goods sold) includes staff and other things that don't go up with sales.... but to date the cost of selling the product has gone up with sales..

This new money could be burnt fast considering they made a loss of £1m this year........ how can they go on just continually raising more money??????????

In my view the odds are against them and it is largely their own fault....

Slapper

[bluenose851] 30/11/2006 11:45

well that says it all really doenst it!!! I think they have done very well to raise even that amount of money for so little dilution. How much more to come though??

[woddle] 30/11/2006 07:54

Knowledge Technology Solutions PLC
30 November 2006



Knowledge Technology Solutions PLC ('KTS' or the 'Company'), provider of
professional market information services in the finance sector, despatched a
document on 10 November 2006 ('Document') to the holders of its ordinary shares
of 0.1 pence each ('Shareholders') convening an extraordinary general meeting ('
EGM') in order to seek the approval of Shareholders to three resolutions to
increase the directors' of KTS existing authorities under sections 80 and 89 of
the Companies Act 1985 (as amended) and to increase the authorised share capital
of the Company.



The EGM is to be held at the offices of Corporate Synergy Plc, 30 Old Broad
Street, London EC2 1HT on 4 December 2006 at 12.30 p.m.



KTS is pleased to announce that it has raised £242,571 through a placing of
24,257,100 new ordinary shares of 0.1 pence each at a price of 1 penny per
share. Dealings in the new Ordinary Shares are expected to commence on AIM on 1
December 2006.



This placing makes use of all of the authority currently available to KTS to
issue shares without recourse to shareholders. It is the intention of the
Company to raise additional funds immediately upon approval by shareholders of
the Company of the resolutions to be proposed at the EGM

[kwikeffect95] 24/11/2006 11:55

spud is that you? N40

[bluenose851] 24/11/2006 10:08

this is a kts thread. these people have lost enough without more rubbish from you

[burdetth] 24/11/2006 10:03

Update on Chariot Plc (CRT) Add Favourite

Click here for related discussions
scottrorke - 23 Nov'06 - 15:43


The following is extracted verbatim from the Financial Times on Tuesday, 21 November 2006:-

Chariot shares were flat at 0.75p in spite of continued speculation about a possible bid for the troubled lottery operator. Investment vehicle Astinway has built a 25.1 per cent stake in Chariot. Astinway is led by former banker Roger Coyle, who was a director of investment group Globex. Globex tried unsuccessfully to back into cash shell Roxspur in 2003, having built a 28 per cent stake in the company.

[bluenose851] 24/11/2006 09:24

down again.

Cant remember how long they have until the stock is suspended if they havent announced their results?? I suspect they are trying to sort out the fundraising first but they will have to hurry up. Will be even harder raising funds for this one if they are suspended aswell

[bluenose851] 22/11/2006 15:41

unless they raise some money...there is no longer term!!

[slapdash] 21/11/2006 13:50

how long is the longer-term... hasn't come good over 6 years since floating....

Slapper

[nobby40] 21/11/2006 11:47

I still think this company will come good in the longer term - we may have to wait a bit but my small holding staying intact just now. Good luck all holders.

[quixquote] 21/11/2006 11:42

Five thou might not sound much, but then its only around sixty or seventy for a notifiable interest. (edit Bluenose would no doubt say certifiable interest).

[bluenose851] 20/11/2006 11:27

so what makes this a good company.?? A company that makes big losses in a very competitive market. Are you pillow in disguise??. 300,000 shares traded so far to day....less than five thousand pounds!!!

[pip_uk] 20/11/2006 11:21

A good quality company,at last the market is beginning to realize that this company is coming good, with many interesting irons in the fire.
The clock is ticking for them that misses the boat.