K3 Capital Share Discussion Threads

[hsduk101] 09/4/2019 21:32

Wait doesnt the massive drop in the last 6 months worry you all? Just cos some shares were bought, doesnt solve that issue for me. Unless they will release a new trading statement shortly?

[davr0s] 09/4/2019 17:48

Buy high sell even higher is my mantra. No one ever knows where the bottom is so buying dips will eventually catch you out

[fozzie] 09/4/2019 11:11

Yes those who sold at 120 or around will be feeling pretty cheesed off. Buy high sell low.

[molatovkid] 09/4/2019 11:02

Bouncing back now...making some of the self appointed 'experts' on here look a bit daft from a few days ago

[solooiler] 08/4/2019 08:12

Very steep drop

[gswredland] 08/4/2019 07:54

Thanks for that - I feel this has fallen too far

[solooiler] 08/4/2019 07:31

£90k director purchases so far by 2 directors at 137.50 pence

[newtothisgame3] 06/4/2019 21:01

K3 Capital Group PLC (LON:#K3C), which sank 26% to 134p after warning some of its significant projects were being held up by the ongoing uncertainty, meaning its earnings would be lower than the previous year.

[its the oxman] 05/4/2019 20:43

Dress it up as you want but short term disappointment and weak no's generally say the share price could drift down, why rush in to buy. And if we get a Brexit delay for a few years?

[davr0s] 05/4/2019 19:24

70% fall in share price is not a temporary issue imo

[pireric] 05/4/2019 19:13

Main points from Finncap's update note today.- "A high-quality business unchanged by temporary issues"

"We move down our 2019E revenue estimate to £13.6m from £16.6m and
our EBITDA to £4.6m from £7.1. There are a number of moving parts to each deal
that the company advises on, and these may be different each time. Factors outside
of the company’s control – one of which is political uncertainty – should resolve
themselves in due course. The company’s prudent accounting policy simply means
that revenue will only ever be recognised at the point at which it is received,
indicating that deals currently delayed could potentially accelerate earnings in th eearly part of 2020E. We conservatively [underlined in FCAP's note] keep 2020E numbers [eps of 13.9p] unchanged.

Our price target remains unchanged at 375p although the 2019E multiple
(i.e. using EPS as at May 2019) should be ignored, with the focus being on our
unchanged 2020E numbers, which also carry potential upside.

Our positive medium- to long-term view remains in place and while we
conservatively keep 2020E numbers unchanged, we note the possibility of a positive
rebalancing of revenue and EBITDA from 2020E as delayed transactions complete.
Overly aggressive downward pressure on shares is unwarranted given fundamentals:
a ROCE of 47% after the temporary downgrade and a growing dividend."

I'm doing some more work over the weekend to see what I want to do here

[joeall] 05/4/2019 14:11

He, tipped sbiz last week.

[insideryou] 05/4/2019 13:39

I wouldn't say cursed. His record is scarily impressive... How true it all is and his ability to get in and out impeccably has always fascinated me. He knows my feelings about insiders, and our opinions differ... I feel he is a decent bloke though overall.

[its the oxman] 05/4/2019 13:36

Likely to drift back to 120p once dip buying has run its course.

[scooper72] 05/4/2019 13:03

So far I'm glad I bought the big dip this morning. Reduced my over all loss....for now.

[scubadiverr] 05/4/2019 12:59

I don't doubt he will say he did. Especially considering I can't see and transactions at less than 115

[dollythegoat] 05/4/2019 10:49

Put your text book down and look at the real stuff that will impact the share price. It ain't what you're spouting about. This ain't a FTSE 100 stock.

[insideryou] 05/4/2019 10:44

I guarantee you NT will have bought a load more at less than 115 today.

[pireric] 05/4/2019 10:08

I guess investors will look at screens and see a single digit 12mnth forward P/E from Monday onwards + could see value there as Finncap have 2020 EPS updated at 13.9p. Don't think the market is going to rerate them beyond a 11x fy20 p/e for the foreseeable but would still be 153p and cash in hand so more like 10x ex cash. Going to have a think over the weekend

[tommyharris] 05/4/2019 09:26

And Taptica! He was bullish on them when they were £5 and one year later they had lost 60% of their value but he still manages to exit with a profit?!? No doubt he will have got out of this just before the update and only made a tiny loss

[scubadiverr] 05/4/2019 08:57

The curse of NT strikes again. Redde, fcrm and now k3c.

[pireric] 05/4/2019 08:27

Eezy - not if the recession is 5 years away. As the adage goes, markets don't die of old age and neither do economies, not least when central banks worldwide are very much in a new stimulative mode