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CKT Checkit Plc

22.00
0.00 (0.00%)
Last Updated: 07:30:11
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Checkit Plc LSE:CKT London Ordinary Share GB00B0C5RG72 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 22.00 3,306 07:30:11
Bid Price Offer Price High Price Low Price Open Price
21.00 23.00 22.00 22.00 22.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electrical Machy, Equip, Nec 10.9M -12.3M -0.1139 -1.93 23.76M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:02:45 O 25,000 21.00 GBX

Checkit (CKT) Latest News

Checkit (CKT) Discussions and Chat

Checkit Forums and Chat

Date Time Title Posts
22/4/202412:55Checkit233
27/10/202202:21Checkit plc73
12/8/202115:45Checkit Investor webinar3
31/12/200514:00Cricket - The square's looking good!633
16/4/200419:50Pakistan V India. The Cricket Thread.20

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Checkit (CKT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07:15:5321.0025,0005,250.00O
07:15:5321.0025,0005,250.00O
07:02:4721.043,306695.58O
2024-04-22 15:15:0721.0025,0005,250.00O
2024-04-22 14:59:3021.0046597.65O

Checkit (CKT) Top Chat Posts

Top Posts
Posted at 23/4/2024 09:20 by Checkit Daily Update
Checkit Plc is listed in the Electrical Machy, Equip, Nec sector of the London Stock Exchange with ticker CKT. The last closing price for Checkit was 22p.
Checkit currently has 108,008,562 shares in issue. The market capitalisation of Checkit is £23,761,884.
Checkit has a price to earnings ratio (PE ratio) of -1.93.
This morning CKT shares opened at 22p
Posted at 22/4/2024 12:55 by tradertrev
KK has been with CKT barely 3 years, 3 months less than that as CEO. The business model had to change from the previous no-holds-barred expenditure on everything in the free money era (largely before his time) to something that assumed no support from the capital markets. This has reduced the new product development activity temporarily (no bad thing really) and focussed sales activity on existing customers (the expand bit of "Land and expand") where sales cycles are probably shorter and business development costs lower, again no bad thing really.
I am a small shareholder sitting on a paper loss (bought at average 40p) and hoping to buy some more a little lower down. I am relatively happy with progress in the past 3 years during a particularly difficult business environment.
However, I am neutral on KK, whereas Porous Lover appears to have an axe to grind in that direction. Are you a casualty of the company's need to move towards a more sustainable model?
Posted at 15/3/2024 07:27 by porous lover
I think one needs to reflect on the context here. In an era of low productivity, high attrition of low paid workers and high wage inflation, a business that presents itself as solving these crises should be flourishing. Instead we have had forecast slashed, management waxing lyrical for achieving these slashed forecasts, very limited new customer growth (c£300k last year for a £4-5m+ sales/marketing and product spend), a 2/3rds reduction in share price and massively repriced options to reward this failure. If it isn’t the CEO’s fault, then to whom should the finger of blame be pointed? This was a business with potential before Kyte began to spout his rhetorical shyte.
Posted at 14/3/2024 16:38 by tradertrev
Not too concerned about the new grant of options, but am surprised that he surrendered the previous ones with an exercise price of 55.5p, when he had until Feb 2031 for the shares to get above that price. Maybe there was some tax benefit?
Posted at 14/3/2024 16:24 by porous lover
A rather interesting irony. Kyte chips in his options priced at 40ish pence, a strike price 10-15% lower than the 46p for the £20+m he hoodwinked shareholders into digging in their pockets for; only to have his options repriced at 20p. You can’t make this up - reward for failure. Utter failure.
Posted at 15/2/2024 19:08 by porous lover
It’s taken 10 years to acquire 500 customers. Only 30% of growth has come from new customer acquisitions; ie £300k. This was stated by the CEO on the call. The balance has come from inflationary price increases. So yes, the growth is very poor. £3m+ per year in S&M costs plus endless capitalised development to acquire £300k of new business…
Posted at 15/2/2024 11:08 by smithie6
Agreed...poor results imo...

...to hold up the share price, with it's loss making, a much higher growth % was needed imo
Posted at 23/10/2023 13:58 by wad collector
Run of sells this am taken the price to 23.5p ; that is rather gloomy. The race to true profitability continues. Let us hope the cash pile lasts.
Posted at 14/9/2023 10:23 by tradertrev
"There is an impressive amount of management speak in the statement" LOL.
Share price reacting as one would expect given the increased likelihood that the cash won't run out before they get to cashflow breakeven.
Personally I think the product will be a winner - just not sure about the valuation. I have a small holding with a net entry price of about 50p (from the free money era!) Kicking myself I didn't average, but hey ho.
Posted at 30/8/2023 15:15 by wad collector
Looks like a bit of a share price recovery; maybe the worst is behind CKT after all....
Posted at 01/4/2022 10:53 by hatfullofsky
Challenging targets set on the CEO's share options (vesting at 130p / current share price 42p) Each tranche of options will be subject to performance criteria and shall only vest subject to a 'Rule of 40 Target' being met on the dates outlined above. In addition, to be exercisable, the share price must be at or above a share price target of 130p (the "Share Price Target") on the date the options are exercised and the average share price must have been at or above this level during the 6 months prior to the exercise date.
Checkit share price data is direct from the London Stock Exchange

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