K3 Capital Share Discussion Threads

[sundance 13] 23/3/2022 11:07

Added at 267

[sundance 13] 23/3/2022 11:01

No idea, lots of largely small selling going on & no buying. Don't get it myself, but looks like I may be adding again at this bargain price.

[johndoe23] 23/3/2022 10:41

What is going on here??

[tizo100] 17/3/2022 19:03

a good investment to hold

[adorling] 17/3/2022 11:57

Bought 7500 shares (2 trades) as growth and dividend forecasts look very robust. SME business climate becoming more challenging as interest rates rise and government loans cease which should see insolvency and administration work increase for K3C.

[gswredland] 07/3/2022 17:31

Becoming more attractive as a takeover target

[tizo100] 07/3/2022 16:59

Another buying opportunity?

[johndoe23] 03/3/2022 17:36

Well yes, same as everything else. One positive is adding opportunity

[tizo100] 03/3/2022 16:34

nopeUkraine effect obviously

[tole] 02/3/2022 18:44

https://masterinvestor.co.uk/equities/take-a-look-at-cnic-eog-iog-bms-getb-and-k3c/K3 Capital Group (LON:K3C) – latest acquisition strengthens sharesYesterday this small cap mergers and acquisitions business declared its latest purchase. It has taken over professional services marketing agency, JE Consulting, for an initial £2.32m plus a £2.25m 'earn-out'.It looks to be an excellent fit in with the group's expansion strategy. Both Canaccord Genuity and finnCap rate it as an attractive deal.Last year JE had £1.5m revenues, most of which were annually recurring, and had an EBITDA of £0.4m. It is an earnings-enhancing move.Canaccord Genuity have a 414p price objective, while finnCap goes for 477p – the shares closed last night at 305p, up 15p on the announcement.Hold very tight.

[2bluelynn] 01/3/2022 11:28

Cheers Shawr apologies I am .

[sharw] 28/2/2022 23:42

I think your are on the wrong board - try RBG holdings

[2bluelynn] 28/2/2022 16:33

Cheers Tizo

[tizo100] 28/2/2022 16:21

Think you are reading last years interims

Accordingly, the Board is recommending a 4.0p interim dividend per share (FY21: 3.0p). The interim dividend will be paid on 4 March 2022; the record date is 18 February 2022; the ex-dividend date is 17 February 2022

[clanger66] 28/2/2022 16:21

From what I can see is the dividend is 4p per share and not due to be paid till the 4th March.

[2bluelynn] 28/2/2022 16:09

Any body else not received their dividend .? I'm with AJ Bell . Thanks in advance the Board intends to pay a second interim dividend of 3 pence per share in respect of the six months to 31 December 2021 on 25 February 2022 to shareholders on the register as of 4 th

[rivaldo] 25/2/2022 10:15

FYI this is Shares Magazine's new write-up......

"Buy K3 Capital for growth and income

Business services group’s chief executive has ambitious
growth plans for the next five years

Business services and advisory group K3 Capital (K3C:AIM) has had a busy 12 months,
building out new specialisms and integrating acquisitions on its way to creating an end-to-end platform of services for small and medium-sized companies.

On top of its strong earnings growth, the firm pays a generous dividend which based on the current share price equates to a yield of more than 4% for the full year.

LIFECYCLE SERVICES
K3 provides services to smaller firms at every stage of their development, from M&A
(mergers and acquisitions) and disposals to advising on tax and handling legal claims through to restructuring and insolvency.

As business confidence has steadily improved over the past year the firm has seen a surge in demand for its market-leading M&A and tax services. In the six months to the end of November, which marked the first half of its financial year, the group posted a 73% increase in turnover to £31.2 million driven by a 66% rise in M&A
revenues and an 85% jump in tax revenues.

Most of the growth in M&A was organic, with appointments up 47% and mandates growing 75% resulting in the number of offers rising 36%. In contrast, most of the
growth in the tax division was due to the acquisition of a specialist R&D (research and development) tax business, with the result that new clients and claims submitted climbed sharply compared with the previous year.

Meanwhile, the restructuring division is a major player in the insolvency market with a 5% national share, behind only Begbies Traynor (BEG:AIM).

GROWTH POTENTIAL
Chief executive John Rigby is a firm believer in adding new services to meet customer needs in-house rather than outsourcing to third parties and passing up
opportunities. The group launched a debt advisory business to help M&A customers finance bids, and it recently expanded into debt restructuring for struggling
companies as it sees less appetite at government levels for firms to be forced into
insolvency.

Rigby has ambitious growth targets for K3 over the next five years, too. He forecasts EBITDA (earnings before interest, taxes, depreciation and amortisation)
from the existing businesses will increase from an estimated £16 million this financial year to £23 million by May 2023 and to between £33 million and £36
million by May 2026.

In addition to this more than doubling of organic earnings, he envisages adding another £10 million to £17 million through acquisitions, taking total EBITDA
to between £50 million and £53 million, which makes today’s circa £200 million valuation look very cheap. [IC]"

[johndoe23] 24/2/2022 23:18

Also some good coverage by Jack Brumby in his stockopedia column...

[tole] 24/2/2022 19:00

Gets a buy write up in sharesmag today fwiw.

[gercrowley] 23/2/2022 11:49

Letting team get in at great price with Equity Share perhaps

[dicktrade] 22/2/2022 11:53

JD
Ordinarily i agree but i see K3C as too cheap @ 300p let alone 275-285 .

[dicktrade] 22/2/2022 09:48

JD
its called a buying opportunity, fill your boots.

[johndoe23] 22/2/2022 09:00

What the hell is going on here?