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KBT K3 Business Technology Group Plc

108.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
K3 Business Technology Group Plc LSE:KBT London Ordinary Share GB00B00P6061 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 108.00 106.00 110.00 108.00 108.00 108.00 62,000 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fabricated Rubber Pds, Nec 47.48M -3.98M -0.0902 -11.97 47.62M
K3 Business Technology Group Plc is listed in the Fabricated Rubber Pds sector of the London Stock Exchange with ticker KBT. The last closing price for K3 Business Technology was 108p. Over the last year, K3 Business Technology shares have traded in a share price range of 105.00p to 126.00p.

K3 Business Technology currently has 44,090,074 shares in issue. The market capitalisation of K3 Business Technology is £47.62 million. K3 Business Technology has a price to earnings ratio (PE ratio) of -11.97.

K3 Business Technology Share Discussion Threads

Showing 726 to 746 of 1275 messages
Chat Pages: Latest  39  38  37  36  35  34  33  32  31  30  29  28  Older
DateSubjectAuthorDiscuss
29/11/2010
14:39
With the recent Panaceas acquisition bringing another 260 strong customer base, ontop of K3 existing 1500 customer base. The cross selling opportunities should be significant.

Regards........

interceptor2
29/11/2010
12:40
Thanks for that I2 - truly a massive difference in PER. Going back 2 or 3 yrs the Mkt was more than happy to support such lofty PERs but on the whole it's more discriminating nowadays. Let's hope that K£ can beaver away steadily and encourage further share price growth.
spaceparallax
29/11/2010
12:11
Iomart IOC are a hosting services company who mainly use Cloud Computing software, they released interim results today and made the following statement.

"LONDON (Dow Jones)--U.K. Computing services company Iomart Group PLC (IOM.LN) is poised to benefit for an explosion in demand for outsourced IT services known as "cloud computing", the firm's chief executive said Monday.
"I have never seen something happen quite as quickly as this," Angus MacSween told Dow Jones Newswires. Six months ago around one-fifth to one-tenth of enquiries from potential customers related to cloud computing; now it is roughly nine out of ten, he said. "

K3 acquisition of DigiMIS in March 2010 looks very well timed, which provides K3 to ability to deliver Cloud Computing solutions and 'Software as a Service'

K3 incorporated DigiMIS into the newly formed Managed Services Division. See below

"Managed Services Division While still relatively small, we are reporting the income generated from our managed services activities separately for the first time. This reflects our ambitions to build our managed services income and the substantial growth opportunities we see. We originally established a network infrastructure services business unit in November 2007, offering these services only to existing customers. The acquisition of DigiMIS now enables us to offer a full range of application solutions either on-premises, hosted or via Software as a Service."

The Division is growing rapidly, with the lead time in closing some contracts as short as six weeks. Our pipeline of new business currently stands at in excess of GBP2.1m, demonstrating the interest in the product offering in the mid-tier market.

K3 Summary =

"Especially promising is the growth in our Managed Services business and the addition of a global distribution network. We see both areas as having significant potential for K3's future operating performance. "

The potential now with cross selling to existing customers looks very substantial, imv, and this growth is supported by all other divisions performing very strongly. When you consider in the September statement they said "value of our new business wins reached a record high, at GBP11.2m in the last 12 months. The full benefit of these wins is not yet fully reflected in our results. " They remain very undervalued for the growth potential on offer at this time.

Iomart IOC is on a per of 30.5 and 18.7 respectively.

K3 Technologies is on a per of 6.49 and 5.72 respectively.

I accept that Iomart have a greater percentage exposure to cloud computing, but the valuation difference is amazing. Just shows how this market can give some great buying opportunities imo.

interceptor2
26/11/2010
12:31
Just grabbed another 2K@149p - somewhat more than those lucky enough to enjoy the executive share scheme I suspect.

Despite the recent substantial recovery in sp, we do still operate on pretty modest PERs for 11/12 and hopefully, with the recent acquisition there should be significant scope for growth via the managed services element and other synergies.

spaceparallax
18/11/2010
11:00
Interesting acquisition - should complement.
spaceparallax
18/11/2010
09:45
interceptor2- thanks for Edison's new forecasts. With strong cashflow it won't take long to pay this acquisition down.
eagle eye
18/11/2010
08:57
Edison are very positive about todays acquistion, and have revised forecast upwards which makes KBT even more undervalued. Not many Zulu growth companies that are rated this cheaply. imo.

2011 PBIT = £8.0m and EPS = 23.2p....per = 6.3
2012 PBIT = £9.0m and EPS = 26.1p....per = 5.6

Regards.......

interceptor2
18/11/2010
08:22
Agree a very shrewd acquisition. K3 see an opportunity to cross sell their hosting services to add to recurring revenue. The attraction would seem to be the well known high street retailers within the 260 customer base.

Regards.........

interceptor2
18/11/2010
07:48
Another well thought out acquisition by K3 today. Shrewd management here, and its earnings enhancing too.
eagle eye
16/11/2010
15:33
I suppose a little retracement was inevitable after the marathon climb.
spaceparallax
03/11/2010
09:46
Now that's one of the daftest Director buys I've seen.
spaceparallax
01/11/2010
13:57
Not sure what's triggered this latest rise, but mustn't complain.
spaceparallax
01/11/2010
08:28
Boardtalk on S harecrazy
stegrego
01/11/2010
08:19
I had a reply from Fingers xxd on the £1 thread, thread number 13526/13529. It may have been a little early for a true cup with hanlde to form just yet.

But interesting comments and well worth a look.

Regards.........

interceptor2
31/10/2010
17:31
Just noticed that KBT has just formed the perfect cup with handle, and generated a very strong buy signal. I believe this type of chart formation to be one one of the stronest.

As I only use charts as a back up to fundamental analyst and am still learning, I have asked Fingers xxd for his views on his £1 thread.

See my request below....

Hi Fingers

I'm reading and learning about charts in the excellent William O'Neal book How to make money in stocks.

I think I may have come across a perfect cup with handle on the KBT chart.

The cup starts in early May and forms a 4 month base with volume drying up at the end of the base in early September. Then the chart rises higher than the start of the decline on increased volume, before forming a series of tight closes before breaking up again a generating a buy signal at the end of last week.

Regards ic2.........

interceptor2
28/10/2010
19:22
Chart is looking ready for another leg up imo.

These are very much under the radar at present. KBT seemed very confident with the statement issued with Finals in September, and even after the impressive results are selling on a very low forward per.

2011 per of 6.5 and 2012 per of 6.1. With debt falling nicely now, a record number of deals signed in the previous period, KBT would seem to be in a position to be rewarded for the astute acquisitions made over the last few years. Yet still they are undervalued. this could change very quickly by the next trading update when released. imv. Usually January.

Regards.........

interceptor2
28/10/2010
19:03
Looks like a breakout at 144p, but low volume and nobody has noticed it.
eagle eye
17/9/2010
19:14
You can read a full wrire up from Edison below.
interceptor2
16/9/2010
18:42
I.C upgrade to a buy..........

K3 sees scalability in SaaS
Created: 13 September 2010 Written by: Steven Frazer
Enterprise solutions suppler K3 Business Technology switched its year-end from December to June, but pro-forma 12-month figures beat expectations, with adjusted pre-tax profit surging 28 per cent to £6.6m on revenues 20 per cent higher at £43.8m. What really stands out is the 17 per cent organic revenue growth which is quite some feat considering the business's key clients are in the retail and manufacturing sectors. Cash generation of £7.3m (for the 18-month period) was also impressive and allowed the company to slice £2.5m off net debt.

It's worth noting, too, K3's decision to split out numbers for its Managed Services division, which has been benefiting from customers shifting applications to "The Cloud" to cut large IT costs. Pro-froma underlying revenues in this unit doubled to £1.2m and operating profits rose a third to £0.3m, while £2.1m of forward contracts are already booked for this year. And with 40 per cent of income recurring, earnings visibility is improving, which underpins Canaccord's slightly raised current-year adjusted EPS forecast of 21.9p (20.1p in 2010).

interceptor2
15/9/2010
13:37
Right up against the break out price 133p, with nearly all buys today.

Looks like more investors are becoming aware of prospects since results, with more press coverage to follow. IC Friday.

Edison forecasts look bullish.

2011. Profit = 7.80m and EPS = 22.40p
2012, Profit = 8.30m and EPS = 23.90p

Regards ic2..........

interceptor2
14/9/2010
07:45
From HB markets below.........

Seems a fair summary, with only the 158p price target a tad conservative imo.

K3 Business Technology Group (KBT, 126.0p, £32.31m)

K3 Business Technology Group (KBT, 126.0p, £32.31m), the provider of Enterprise Resource Planning solutions to supply chain industries, prelims for the 12 months and 18 month period to 30 June 2010 (change in year end from 31 December) are ahead of market expectations. In the 12 month period, adjusted PBT and adjusted EPS increased by 28% £6.3m and 29% to 20.1p respectively, on 20% uplift in revenues, predominantly driven by 3 acquisitions. Stronger cash generation drove net debt down to £11.0m (2009: £15.8m). The final DPS of 0.25p is slightly disappointing, we were expecting 0.5p. Currently 40% of revenues are recurring from software licenses and associated support. 35% of Group sales are derived from existing customers purchasing additional services or products. The value of new business wins reached a record high, at £11.2m in the last 12 months. The group continue to seek complementary acquisitions. The market forecasts 2011 PBT of £7.6m, EPS of 21.1p and DPS of 0.5p. We believe the group is materially undervalued trading on 6x 2011 earnings given the high levels of revenue visibility. We reiterate our BUY with a 12 month target price 158p. (Amisha Chohan)

Recommendation: BUY

interceptor2
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