Kainos Share Discussion Threads

[agedman] 16/11/2021 01:35

similar space albeit a minnow - IDE group on an EV/Ebit of x6 compared to KNOS at x40. Do the math - as they say! (Hi Ali!)

[ali47fish] 15/11/2021 17:38

cannacord says hold- make of it what you will!

Analysts at Canaccord Genuity raised their target price on software firm Kainos from 1,765.0p to 1,880.0p on Monday, pointing to continued growth momentum and normalising margins.

Canaccord said Kainos, which raised full-year revenue expectations in September, had shown that its "impressive run" of sector-leading double-digit growth had continued in its interim results, with organic sales up 32% year-on-year

Furthermore, the Canadian bank highlighted that backlog growth had accelerated to 38%, of which digital services was up 29% year-on-year, while workday services grew 39% and smart services shot up 67%

"This provides very good visibility on our raised 2H22 estimates, which now imply potentially conservative +21% yoy growth and 26% for the full year," said Canaccord, which reiterated its 'hold' rating on the stock.

[pyglet] 15/11/2021 13:59

As if by magic

[johnsoho] 15/11/2021 13:30

Reckon there will be a bit of a bounce up towards close of play today, perhaps close at about £19.25per share but time will tell; I think their has been a fairly major overreaction to today’s news which was actually, in my view, pretty good news for a very very rapidly growing company.

[pyglet] 15/11/2021 13:10

Sell on news.

[volsung] 15/11/2021 10:49

Well I've just bought more at 1863p
Good Belfast company this so I'm a bit biased :)

[ali47fish] 15/11/2021 09:45

well that' s a ridiculous retrace?

[davr0s] 15/11/2021 09:10

Yeah it's not a prediction - just that data shows applying valuation arguments to growth shares will scare you out of the biggest winners. Many years a well known Twitter investor talked me out of a share on similar grounds and it went up 10 fold - and he argued it was overvalued all the way up.I will exit if share price trend breaks down but other than that I leave alone and add on strength if it shows any

[ali47fish] 15/11/2021 09:03

davros I also have seen comments about valuations being high -knos has been doing well and I will keep holding- other examples that have gone tough bumps like these and have regained ground is kws

[xtomo] 15/11/2021 09:01

Bought more at 1906 just now. Hoping it's a bargain, but mad world atm.

[davr0s] 15/11/2021 08:57

Using PEs as a guide for shares with growing earnings is a rookies game. If you go and back test you can show that many of the big winners had PEs beyond what many were comfortable with. It's been known for many years this is the case so I don't look at PEs. Don't need to believe me - well go read the works of ONeil, Weinstein, Minervini

[johnrxx99] 15/11/2021 08:50

Sorry, I sold so shouldn't deramp.

[johnrxx99] 15/11/2021 08:49

PE +50 is a start ali47fish and EV/EBITDA of 44

[davr0s] 15/11/2021 08:41

Crikey where to start.... Just say that I don't tend to pay too much attention to price on a news day unless there is significant unexpected development which IMO there isn't. I'll take a look at the price in a few days time once all the noise has died down

[ali47fish] 15/11/2021 08:33

in view of the good numbers the share price reaction is surprisingly down why

[sogoesit] 15/11/2021 08:32

Worth keeping an eye on wage/recruitment inflation here.
I'm long but inflation is a general threat in the economy and this is affecting margins.
As a service company it, luckily, escapes supply chain disruption 'tho.

(Revenue increase: +33% ; PBT: +3%, or +12%)

[davr0s] 15/11/2021 08:09

Yes of course it can

[johnrxx99] 15/11/2021 08:08

Can it support a PE of 50+ ?

[someuwin] 15/11/2021 07:14

More great numbers.

Operational highlights

We continue to deliver a strong business performance, reflecting robust market demand, the ongoing trust and support of our customers and the commitment of our colleagues.

-- Revenue growth of 33% (32% organic) to GBP142.3 million (H1 21: GBP107.2 million).
-- Adjusted pre-tax profit increased 12% to GBP29.2 million (H1 21: GBP26.1 million).
-- Bookings up 81% to GBP187.4 million (H1 21: GBP103.6 million).
-- Contracted backlog growth of 38% to GBP250.0 million (H1 21: GBP180.9 million).
-- Period-end cash of GBP80.4 million (H1 21: GBP62.5 million); with cash conversion at 38% (H1 21: 123%)...

[someuwin] 12/11/2021 12:12

Kainos @KainosSoftware ·4h

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[soundman2] 12/11/2021 12:09

Mid term update Monday, Hope something bad has not leaked

[someuwin] 11/11/2021 11:02

Saw an advert om ITV last night for Workday. Never seen that before. Becoming a household name. Got to be positive for them - and thus for KNOS.

[montyhedge] 05/11/2021 11:02

All going to end in tears, get out while you can and invest in Kainos.

[belfast_child] 04/11/2021 14:03

Selling the last of the £20 Kainos tickets now, last chance folks. All aboard.