K3 Business Technology Share Discussion Threads

[glasshalfull] 01/12/2011 10:51

Statement this morning confirms what many of us thought following last weeks "in line" confirmation. The shareprice fails to reflect the progress AM and his team have made over the last few years and I personally would be disappointed for any offer under the recent placing price of 205p which I believe indicates a benchmark and again, any takeout should be at a premium to this.

I'd also echo the sentiments of gg...hats off to management here.

Regards
GHF

[yump] 01/12/2011 08:23

Obviously opportunistic and that's just the way of the markets. If they are undertaking a review, perhaps there's some pressure from other shareholders, but its difficult to fight a share price that's just drifted lower and lower when its not a lot to do with the companyn

[stegrego] 01/12/2011 08:10

Anything below 250 is a rip off and it will be way below that unless other parties come in.

[philo124] 01/12/2011 08:07

We are going to get mugged despite the rise.

[davidwilkin] 01/12/2011 07:51

Glad I didnt wait for Toles 115p now, bought some last week and am sat on a small loss.....until 8 o clock this morning.

[philo124] 01/12/2011 07:46

Eh? We all knew the price was crazy; this move is opportunistic.

[greengiant] 01/12/2011 07:37

Stegrego,

I disagree. This is positive action from the board. After all it is the market that has valued them at this, not the directors. This is positive action by the board in so much as if the market does not ascribe the perceived value, then maybe another buyer will see the value. It shows management are not concerned about protecting their jobs but want to deliver shareholder value. How many other companies are willing to take this bold step? Not many.

Well done to the board.

Gg

[dpmcq] 01/12/2011 07:36

I think it may bring out one or two other interested parties.
Quite a few good co are trade way below fair value in these crazy times. It leaves them all vunerable to opertunistic bids.

[stegrego] 01/12/2011 07:11

Hmmm

Looks like this is going to be taken out for a pittance... Usual bloody story.

[philo124] 25/11/2011 07:41

Thanks. So, some have concerns about the debt level,post 722- i recognise those
eps forecasts and suggests the Company has gone ex growth, then there is this
market which makes growth by acquisition for small companies pretty impossible.
The P/e is crazy and the company does look very undervalued but in 1974 small
companies were trading on multiples of 2.
Just have to stick it out anf top up if you are brave imo.

[tole] 24/11/2011 18:04

Ive got edison down for:

Dated -20sept2011

2011 - 27p
2012 - 29p
2013 - 30.1p

Canaccord are looking for 24.3p and 29.3 for 2011-2012

Take my figures off Proquote fwiw.

[spaceparallax] 24/11/2011 17:59

sadly, despite the positive TS, this company's share price continues to be trashed like so many other half-decent outfits'.

[philo124] 24/11/2011 17:53

Still hold, might add at these levels. I am not sure wether the Edison Note
referred to above is out of date. Digital look showing 28p eps for current
year.

[glasshalfull] 24/11/2011 12:51

Saw that EE.

I've taken a few.

Regards
GHF

[eagle eye] 24/11/2011 12:05

Someone sold 35,000 at 116p late yesterday, and the MM have been clearing the overhang. Must have been a desparate seller at that level and only time will tell as to if this is the bottom.

[tole] 24/11/2011 10:31

Well i never got filled at my entry point. Bounce could well be on from here though.

[yump] 23/11/2011 22:24

No we're OK it should already have happened on 11/11/11, so we're in the clear.

Putting all my investment experience together and taking everything into account, I reckon the chart will look bad until it looks better, but of course DYOR.

[stegrego] 23/11/2011 21:56

How long before the earth comes to an end? Only just over a year according to the Mayans, so who gives a f*£k.

They didnt suffer much in the last recession and that was pretty bad.

[dugganjoe] 23/11/2011 21:21

how long before they warn of order deferrals and that manufactureing customers have gone bust and left bad debts

[tole] 23/11/2011 20:35

Post706 updated.
Hoping for a circa 114p bottom.

[stegrego] 23/11/2011 20:04

The world continues to go mad.

These managed to grow earnings throughout the last recession, so on this sort of rating it's sale of the century IMO.

[glasshalfull] 23/11/2011 19:02

I've just started looking through the company web site & came across this interesting development today:-



A small bolt-on or worthy of an RSNON tomorrow?

K3 builds multi channel footprint with acquisition of Shine Marketing

Ecommerce design specialists join forces with multi-channel solution supplier
K3 Business Technology Group has acquired Shine Marketing, a leading web design agency for ecommerce retailers and brand owners, to reflect its growing reputation as a supplier of end to end multi channel solutions and services.
As part of the K3 Business Group, Shine Marketing and K3 Retail will enable retailers to focus on the challenge of creating joined up shopping experiences for their customers whether they choose to buy on-line, direct, in-store or mobile.

The two businesses are an excellent complement to each other, providing expertise and technology to ecommerce clients in a range of business sectors from fashion through to professional services.

Stephen Pratley, Managing Director of Shine Marketing, comments, "Having worked with K3's Retail division over a number of years, we know the two businesses have a common belief that an exceptional customer experience in ecommerce is an essential part of a multi-channel retail strategy. The relationship between our businesses allows us to benefit further from each other's skills and resources, bringing a superior ecommerce product to our clients, and importantly to their customers."

Colin Bain, Managing Director of K3 Retail, said, "This acquisition strengthens the very creative relationship we already have with Shine Marketing. Ecommerce is an essential part of the multi-channel mix and it demands constant innovation to meet customers' expectations. Working together to deliver an exceptional customer experience, the team at Shine will strengthen K3's position as the leading Microsoft Dynamics partner, helping multichannel retailers deliver joined up shopping experiences for their customers. "

The businesses have worked closely together on retail ecommerce projects since early 2009 and the acquisition cements Shine's relationship as preferred supplier of web design and user experience consultancy services to K3 Retail's customer base of multi-channel retailers.

About Shine Marketing
Shine Marketing is a leading web design agency for ecommerce retailers and brand owners, providing marketing-led web projects that deliver both superior ROI on marketing budgets and an exceptional brand experience. Since 2006 Shine have provided marketing and design services for a range of national and international brands including Amtico, SKY, Hotpoint, Marston and Langinger and Sahara.

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Regards,
GHF

[eagle eye] 23/11/2011 18:01

The problem is the share could get cheaper if you wait.
Losing money is painful and the chart suggests leaving well alone.
A prospective PER of 4 looks like a going bust rating, and K3 is not a rinky dink company.

[tole] 23/11/2011 17:53

Edison note

[tole] 23/11/2011 17:48

IS research note from the other month..
Think Edison have a note out recently too