Kainos Share Discussion Threads

[por997] 17/5/2022 14:06

Exactly 69 days ago I mentioned £10 it's weird the bounce form this price and not on the monthly FIB. If 10 breaks next buy at 804p. £10 was just the psychological number rather than any technical analysis.

[sunshine today] 17/5/2022 13:28

Hats off to you both, a very quick recovery !!

[por997] 16/5/2022 12:33

Just topped up myself!

[xtomo] 16/5/2022 10:52

My money is on Kainos. Bought in earlier and up already. If brokers were so good they'd all be retired now after having successfully invested in their "well researched" promotions.

[sunshine today] 16/5/2022 09:18

My money is on tiny TRD ( Triad Group Plc ), to outperform by a massive amount within this sector.

PE half the sector average and can grow 100% , 75% , 50% over the next 3 years in my opinion.

25% of the share price is cash

Premium listed

Staff numbers doubled over the last 18 months

Most of all the U.K. government is pushing SME”S to win 33% of all U.K. govt contracts .

TRD are one of just 25 companies to win both lot 1 and lot 2 on framework agreement RM6263.

£4BN spend over the next two years.

To put in prospective KAINOS are also one of the 25 but are at a large disadvantage not being an SME.

[mrbeaky] 16/5/2022 09:10

We don’t know of any bumps in the road yet - last trading update was positive. Might as well hold now anyway, 40% down

[montyhedge] 16/5/2022 09:02

Cut to Hold we all know that's another word for sell.That's the trouble very high p.e stocks any bumps in the the road, they get hit.

[johnsoho] 16/5/2022 08:53

Given their recent trading update, which I’ve cut and pasted below, I think this share price write down is, in my view, well overdone…̷0;I’m expecting large bounce back when they release their results.

RNS Number : 4954I

Kainos Group plc

19 April 2022

19 April 2022

Kainos Group plc

("Kainos" or "the Company")

Trading Update

Kainos Group plc (KNOS), a leading IT provider, operating across two specialist business areas, Digital Services and its Workday Practice, today issues a trading update for the year ended 31 March 2022.

Trading in the period continued to be very strong across both business areas as new and existing clients maintained or increased their levels of investment in digital solutions. As a result, for the full year ending 31 March 2022, the Board expects revenue and adjusted profit to be in line with current consensus forecasts.

Against a backdrop of strong market demand in the UK, our experienced Digital Services teams continue to deliver major transformation programmes to new and existing clients across the Public, Commercial and Healthcare sectors. Our international engagements continue to grow in scale, with positive progress in both Europe and Canada.

In the fast-growing Workday services market, our Workday Practice continues to benefit from our well-established global presence. This has been enhanced through the year with the expertise of our new colleagues who joined via the acquisitions of Cloudator (55 people, Europe), Une Consulting (42 people, Argentina), Blackline Group (50 people, USA) and Planalyse (6 people, Netherlands).

Our Smart Product Suite for Workday has maintained its very strong growth trajectory. Smart Test, our automated testing platform for Workday, continues to expand its international client base, signing a record number of new clients during the year. Smart Audit, launched in August 2021, has already established a strong cohort of customers, from our existing client base as well as securing new clients.

Our performance has been underpinned by our long-term customer relationships, and we remain extremely grateful to our customers for the trust that they have placed in Kainos to help them deliver their ambitious digital projects.

Our success is generated by our people, who continue to excel in delivering high-impact solutions to our customers. Despite the increased global demand for digital talent, we continue to retain, develop and attract high quality people; we now have 2,692 colleagues based in over twenty countries (31 March 2021: 2,024 people), an increase of 33% on the prior year.

Looking ahead, our robust pipeline, strong balance sheet and significant contracted backlog underpin our confidence in our outlook. As a result, we believe that we are well-positioned for further growth and remain confident in our strategy.

The announcement of our results for the full year ended 31 March 2022 will be

[mrbeaky] 16/5/2022 08:47

Berenberg cuts Kainos Group to 'hold' (buy) - price target 1,200 (2,100) pence

Big cut

[roguetraderuk] 16/5/2022 08:39

yes this crm area seems to have had a lot of pull forward, the risk is a soft year for the sector. might have to fill that july gap before you can take a look at these. salesforce reports this week, they are going to guide lower so the reaction to that needs to be watched.

[johnsoho] 16/5/2022 08:36

Seem to be a lot my buys than sells so why is this dropping like a stone? Anyone know a reason why?

[montyhedge] 16/5/2022 08:01

Kainos cut to Hold by Berenberg on risks to margins from costs.

[matthew palmer] 08/5/2022 14:28

Anyone on TECHINVEST, I am wanting to form a group of similar minded people to discuss its views etc and information.

Click my name and send a note.

[montyhedge] 26/4/2022 17:01

High p.e tech with small dividends are so out of favour, looking at the Nasdaq. The rotation continues into defensive high yielding stocks.

[montyhedge] 19/4/2022 11:37

Kainos a great company just the market rotation it seems.

[ali47fish] 19/4/2022 10:12

monty does that mean we sit it out until this reverses-knos is supposed to be a very good compmpany- i would like to undesrtand in terms of positioning!

[montyhedge] 19/4/2022 10:04

Like I said I think rotation out of high p.e and low dividend tech stocks into defensive high yield, just look at the Nasdaq how it's fallen.

[ozzietom] 19/4/2022 09:51

Yes. I agree it was a good update and the forward looking statement is very positive. Just disappointing that the market reacts negatively, even after sustained falls over the last 6 months. Still, this seems to be standard for growth and tech stocks at the moment. If results are as expected, there is a pullback. Only above expectations lead to positive reactions. Still, as a long term holder, I am happy with the update. I think the Workday practise will continue to grow and it is great to see their Smart product suite continuing to do well. The margins for this suite of products should be higher and their increasing network of Workday customers, should provide a good opportunity for sales.

[johnsoho] 19/4/2022 09:27

A VERY good trading update I think:

Trading Update

Kainos Group plc (KNOS), a leading IT provider, operating across two specialist business areas, Digital Services and its Workday Practice, today issues a trading update for the year ended 31 March 2022.

Trading in the period continued to be very strong across both business areas as new and existing clients maintained or increased their levels of investment in digital solutions. As a result, for the full year ending 31 March 2022, the Board expects revenue and adjusted profit to be in line with current consensus forecasts.

Against a backdrop of strong market demand in the UK, our experienced Digital Services teams continue to deliver major transformation programmes to new and existing clients across the Public, Commercial and Healthcare sectors. Our international engagements continue to grow in scale, with positive progress in both Europe and Canada.

In the fast-growing Workday services market, our Workday Practice continues to benefit from our well-established global presence. This has been enhanced through the year with the expertise of our new colleagues who joined via the acquisitions of Cloudator (55 people, Europe), Une Consulting (42 people, Argentina), Blackline Group (50 people, USA) and Planalyse (6 people, Netherlands).

Our Smart Product Suite for Workday has maintained its very strong growth trajectory. Smart Test, our automated testing platform for Workday, continues to expand its international client base, signing a record number of new clients during the year. Smart Audit, launched in August 2021, has already established a strong cohort of customers, from our existing client base as well as securing new clients.

Our performance has been underpinned by our long-term customer relationships, and we remain extremely grateful to our customers for the trust that they have placed in Kainos to help them deliver their ambitious digital projects.

Our success is generated by our people, who continue to excel in delivering high-impact solutions to our customers. Despite the increased global demand for digital talent, we continue to retain, develop and attract high quality people; we now have 2,692 colleagues based in over twenty countries (31 March 2021: 2,024 people), an increase of 33% on the prior year.

Looking ahead, our robust pipeline, strong balance sheet and significant contracted backlog underpin our confidence in our outlook. As a result, we believe that we are well-positioned for further growth and remain confident in our strategy.

The announcement of our results for the full year ended 31 March 2022 will be made on 23 May 2022

[montyhedge] 08/4/2022 13:51

Seems like a rotation out of high p.e and low dividend tech stocks into defensive shares with high dividends.

[belfast_child] 16/3/2022 16:20

Good luck with that. Results out in a few months. Hope they will stun

[montyhedge] 12/3/2022 18:10

Waiting for under a tenner, p.e still to high, tech out of favour, just look at the Nasdaq.

[por997] 09/3/2022 10:01

Anyone topping up yet? Or waiting for £10?

[km18] 21/2/2022 18:39

...from last year...

Is a leading service provider to businesses in Digital and Workday application. Providing a range of services where digital segment is further divided in two parts services and impacts. The company also offers a complete application of Workday as well. As more businesses are getting digitalized which gives Kainos a great opportunity to capitalize this trend. Reported very strong trading update today. The company generates majority of its revenue from digital services around 69% which include services like Cloud and engineering, Data and AI, intelligent automation etc. The company indicated strong demand from public and private sector....

...from WealthOracleAM

[montyhedge] 21/2/2022 09:49

High p.e tech stocks with small dividends, being sold off, rotation in high dividend stocks, miners etc.