K3 Capital Share Discussion Threads

[malcolmmm] 20/4/2018 18:11

According to Stockopedia the pe is 31.9, sold most of mine yesterday and earlier on today.Looking to buy more perhaps on Monday. I suspect like me investors sold to protect profits from the meteoric rise.

PE Ratio (f) 31.9

[kirkkerk] 20/4/2018 17:50

good point! I agree

[davr0s] 20/4/2018 17:31

There is always an "explanation" available in either direction - so the case for upside is if they can continue at the pace of growth previously indicated then it will drag the PE right back down. This was always due a correction as no shares go vertical. So all the sellers (voluntary) or not (via stops) will have been knocked out now clearing the way for higher prices if buying resumes. Will be interesting to see if there is any RNS on Monday. If it fails at these levels then I sell and move on

[kirkkerk] 20/4/2018 17:21

You might be right DavR0s, but I wouldn't know hot to explain such a brutal fall otherwise...I understand your point of view tho.

[davr0s] 20/4/2018 17:18

I never look at PEs nowadays. Lots of historical analysis shows that PE to be a very poor predictor of price so I just ignore it and go with the trend. sub 300 and I'll be out and if it breaks 400 I'll be adding. The rest is just noise as afar as I am concerned

[kirkkerk] 20/4/2018 17:11

I think that K3C is a very good company, but very speculative. I believe there is nothing wrong with the group, it was simply overpriced at £4 and a P/E of 49, and due for a price correction...just my own point of view though.

[davr0s] 20/4/2018 16:54

Yeah but that's a long way off being confirmed at the moment. It's still in uptrend with a retrace so more likely to go on and make new highs (not a prediction!)

[toffeeman] 20/4/2018 16:47

Is that an effing great Head and Shoulders forming?

If the right neckline forms at 325 (like the left, then the target would be 250 bwtfdik?!

[davr0s] 20/4/2018 16:27

Indeed - that's cleared all the stops and weak holders out then. Where it goes from here (next week) is what now matters

[acamas] 20/4/2018 15:45

I believe this to be a correction. It needs to find a support level that it can bounce off. This can drop still further I do not see any sustained buying

[davr0s] 20/4/2018 13:23

Just a shakeout in an uptrend at the moment - haven't sold any. If they break back up I'll put on my 3rd add point and if it breaks down then I'm out. I have no opinion on where it's going to go

[malcolmmm] 20/4/2018 11:59

Sold some yesterday and some this morning as they looked likely to fall on small trade volume. Looking like they will bounce from here so will keep the rest. I think that they are growing rapidly though.

[5chipper] 20/4/2018 11:48

Sold mine a couple of weeks back at 370p. Felt they had got a bit over valued.

EBITDA forecast for this year is £7m, at a m cap of £180m they were on a price to EBITDA of 25 so due a correction.

[tradingsun1] 20/4/2018 11:45

maybe a bit of profit taking after it touched the (illusionary) psychologically important 400p mark? either way the fundamentals seem very strong and this from their last trading update .....


"the Company is trading substantially ahead of management's expectations for the year ending 31 May 2018. Whilst only at the end of the third quarter of its financial year, the Group has already demonstrated significant year-on-year growth across all key metrics, including revenue, profitability and cash flow. The Group now expects full-year revenue to be c. £16m, and anticipates achieving an EBITDA of c. £7m."

[jamieb73] 20/4/2018 11:43

tree shakes, question is how much will get shaken off...

[basem1] 20/4/2018 11:27

What's going on here then ??

[malcolmmm] 19/4/2018 14:36

Topped up this morning on the fall. Hopefully another trading statement soon, looks to me that this could be a multi bagger.

[acamas] 18/4/2018 06:25

This happened to me on Monday with a different share. Got to 4pm with no price movement then in the last half hour the price was knocked down. Yesterday it went down a little more.

Lets see how this share performs today!

[tommyharris] 17/4/2018 17:25

Tree shake?

[andrew1hill] 17/4/2018 17:00

What's with today drop??

[davr0s] 10/4/2018 10:07

Last trading substantially ahead so valuations hard to calculate - can still run a long way from here still

[malcolmmm] 10/4/2018 10:00

Bought a few more , on the move again. another update soon?

[gswredland] 05/4/2018 17:16

Astonishing run

[malcolmmm] 05/4/2018 17:09

Heading for 400p