K3 Capital Share Discussion Threads

[greenhat2] 24/11/2020 14:19

This is a co where insiders buy en masse when good news is imminent. Low liquidity + increased volume = share price increase

[tizo100] 23/11/2020 21:05

Massive tree shake on Friday to mop up over half million shares today onwards and upwards

[tizo100] 23/11/2020 15:29

Half million bought at 2 pound somebody likes this company

[tizo100] 19/11/2020 17:58

2 large buys filled at £2 looking good

[its the oxman] 19/11/2020 08:49

I hope so, never guaranteed but all looks like it's heading the right way and share price is well off past highs.

[its the oxman] 19/11/2020 08:42

If we get positive outlook statement re deal flow and business levels picking up, 250p could be here very quickly.

[tizo100] 18/11/2020 19:18

Going up nicely to the run up to the trading update on 30th November.

[robsy2] 18/11/2020 08:08

That is it. The company raised capital at 150p in June and has made a couple of (hopefully) transformational deals that are projected to increase turnover nearly 400% by 2023 compared to 2020.EPS will lag that but if they make the targets,and I imagine they are confident that they will,then we will do alright.
Who knows, they may even exceed these targets.
The dividend policy and the announcement underpin the share price and give me confidence about the future here.

[simba_] 17/11/2020 22:24

What sort of increase in share price pre covid would you think acceptable for 7% of the company?. Just curious..I'm not sure it's a useful measurement to use the share price pre covid. Things have changed significantly since then.

[robsy2] 17/11/2020 10:15

Yes I hear what you are saying. Luckily my price point was 150p so it seems ok to me. I mean we are where we are I suppose and if they can do the business then returns look good from here onwards.

[shanklin] 17/11/2020 09:05

That's a very generous interpretation. The share price was £2.80 in March 2020. So management are taking 7% of the company for a 25% increase in the pre-Covid share price over 3 years.

Seems very greedy to me.

[robsy2] 17/11/2020 08:06

OK , so the growth shares vest if the share price is at or above 350p on or around mid September 2023, i.e. just under 3 years time, so to get the share award the share price has to compound at around 20% a year from now to then and pay out good divis along the way.

Of course, the share award means dilution of 7% at that point, which reduces the post award share price to around 326p.

So, adding the expected divis of 8.4p in FY2021 + 12p in FY2022 + the FY2023 interim of maybe 7.9p, we have a total gain of 326p -180p + divis of 28.3p = 174.3p.
A 174.3p gain compounded annually over 3 years ( ease of calculation) gives us holders compound annual growth of around 23% a year for the next 3 years.

I see this as pretty bullish given that they will be expecting to make the challenge. Also,the salaries they receive are not outlandish, so it really is alligning the director interests with ours. Less so of course for the rest of the hoi polloi who work for them who get a much lower share of the spoils.
BUY.

[yellowdog] 16/11/2020 17:15

And don't forget a recent earnings enhancing acquisition

[yellowdog] 16/11/2020 17:13

This is a great share.
Good mix of businesses, low p/e. 6% divi, net cash and price way below it's high.

[gswredland] 16/11/2020 17:08

Was thinking the same Oxman

[its the oxman] 16/11/2020 10:19

A pop above 200p feels increasingly likely here

[tizo100] 11/11/2020 10:49

Up we go re rating towards update end of November?

[tizo100] 09/11/2020 11:15

Was one of the directors that bought those shares

[tizo100] 09/11/2020 11:04

Was one of the directors according to this morning's news release

[jamessmith23] 09/11/2020 09:46

The fact that the update said the integration has gone well and trading is going well so far this year, continuation of the forward looking sentiment in the final results, is all looking good.Had a small position because often acquisitions don't go as well as originally expected but have topped up today as it looks like these ones have.

[tizo100] 08/11/2020 17:25

A matter of time

[its the oxman] 07/11/2020 21:16

Still waiting for this to race up to 200p

[tizo100] 04/11/2020 15:38

Institutional buying?

[sphere25] 04/11/2020 14:12

A couple of chunky buys here at 149.

Price has done nothing for a while.