K3 Business Technology Share Discussion Threads

[packman8] 23/5/2017 08:52

Richard Griffiths and undertakings now have a 9.55% stake. Is there corporate action happening in the near future?

[pugugly] 22/5/2017 14:20

bb & mm- thanks for input - I suspect I will wait and watch .

[kop202] 22/5/2017 13:30

Lion Trust added to holding + director buys a tidy wedge

[michaelmouse] 16/5/2017 14:57

I don't know the company really PUGUGLY, but since the Keystone Cops were tipping it who knows where it might end up. Let's hope it doesn't do a SGI which dropped from their recommendations to buy all the way down from 300p to the current 8p/9p, although there are plenty of other disasters I could have chosen. LOL.

If Carlsburg did shyte share tipsters then......................

[blueball] 16/5/2017 14:40

Yes about 50p Pug.

[caradog] 16/5/2017 08:46

Well, at keast the multi-year breakout at 240 p is holding as a support on the chart (1018).

Wait a minute....

[pugugly] 16/5/2017 08:44

mm- Any views on where this could drop to ?

[michaelmouse] 16/5/2017 08:26

See post 1013. LOL.

[pugugly] 16/5/2017 08:20

Glad I kept away - 1019 above - Even worse that I thought might happen.


", the Board has started a review of the Company's resources with the intention of refocusing the growth strategy around the cash generating business units" Could this be shorthand for Further fundraising likely"?

[opodio] 16/5/2017 07:40

TIMBERRRRR


Looks like its cash is running out


sub 90p imho

[wooluf] 10/1/2017 20:24

yeh this inst great

[simon gordon] 10/1/2017 19:51

PUG,

Yes, the cloud transition is why turnover has gone static.

I think they forecast 24p in 2018 and £6m debt.

It doesn't look like it will going anywhere until they confirm H2 is inline or ahead.

If they warn again 200p and below that 160p on the chart.

[pugugly] 10/1/2017 19:10

But Edison's are also downgrading eps to 16.7 for next year- Of more of a worry for me is the Edison comment that "as well as a higher proportion of cloud-based deals (where revenue is recognised over a longer period of time)" Also from the balance sheet GOODWILL accounts for some 80% of net assets - Goodwill from my very hard earned (ie. massiveve loss of investments) can and often does - evaporate over night. Not saying that this is the case here but before investing - even after the current pull back .......

[simon gordon] 10/1/2017 15:39

The multi year breakout c.240p is holding as support:




Edison's are forecasting static t/o of £90m for '17 and '18, was £90m in '16. It's a bit like a slug.

[davebowler] 10/1/2017 10:45

Finncap;


K3 has released an interim trading update indicating that encouraging progress has been made in the first half, with operational reorganisation carving off an expected £3m in annualised opex savings, at a one-off cost of £3m. However, the typically high period end concentration of revenue-win requirements in December (and June) has been victim of slow customer decision making, with the effect of a downward review of forecasts at revenue (£-4m to £89.7m) and EBITDA (£-3.6m to £12.4m). Strong prospects have not gone away and should be reinforced by a reorganisation in favour of divisional simplicity, and the pipeline remains promising, albeit protracted. Target price reviewed to 440p (465p).

[tsmith2] 10/1/2017 08:53

V little visibility, this comes off the back of a previous 'encouraging update'....hmmmm

[michaelmouse] 10/1/2017 08:32

Oh dear!!! Never quite did reach £4+. Pride comes before a fall eh? LOL.

[simon gordon] 10/1/2017 08:22

Progressive Equity Research out with a fresh piece on KBT this morning:

[simon gordon] 10/1/2017 08:12

I sold out at the open and was pleasantly surprised the price hadn't fallen 30%.

Chart wise there is multi month support around 200p:

[noble3r] 30/11/2016 13:56

Nice to see Kestrel offering a further support level at 310p. £330k just purchased.

[noble3r] 24/11/2016 10:35

will this seller ever stop!

[noble3r] 23/11/2016 09:51

although my buy does seem to be bucking the trend.

[noble3r] 23/11/2016 09:12

I've took the opportunity to top up this morning.

Final ex-dividend date:
08 December 2016
AGM:
24 November 2016
Trading announcement:
20th January 2017

The above is juicy enough for me.