Kainos Share Discussion Threads

[someuwin] 15/12/2022 11:16

Being a software company, KNOS can work in any industry segment. This means limitless opportunities.

Just re-reading the HY report we can see that they've moved into Defence (Defence Science & Technology Laboratory DSTL - Artificial Intelligence Delivery Partner), and Policing (Secure Policing HQ - Cloud Migration Partner).

But the news I'm particularly excited about is their concerted move into the Finacial sector...

"In the UK, the commercial sector expenditure on IT is over three times that of the public sector. While this represents significant opportunity, to increase our likelihood of success, we have initially chosen to focus our activity on financial services customers.

Like all large organisations post-pandemic, those within banking and insurance are increasing their levels of investment in digital transformation. This, coupled with our growing references in the sector has driven a rapid increase in activity as we have helped established customers like Concardis and New Ireland and new customers such as IMCO, Danske Bank and Federated Hermes Limited."

These banking / insurance companies tend to have huge legacy IT infrastructures that need constant modernisation. Many opportunities for winning more very large, long term contracts here imo.

[volsung] 13/12/2022 17:02

I sometimes park outside the KNOS office when I go to my night class

[mrbeaky] 21/11/2022 19:59

Amazing fast recovery from lows

[volsung] 16/11/2022 13:55

Bought in again after a 10 month absence

[someuwin] 16/11/2022 08:57

...And at some point, they'll likely upgrade to 2,000p. Then 2,500p. Then 3,000 etc etc.

Point being that (assuming the world doesn't end) then big companies' reliance on complex IT systems needing more and more bespoke software development will only keep increasing. And KNOS are increasingly serving those needs.

A true Buy and hold forever stock imo.

[matt123d] 16/11/2022 08:24

Kainos Upgraded at Berenberg on Strong Underlying MomentumPT to 1,700p vs 1,200p

[kalai1] 14/11/2022 12:42

Kainos Group plc posted its HY report this morning. Revenue was up 26% to £179.8m, adjusted PBT was up 16% to £34.0m. Period-end cash was up to £97.1 million. The business generated very strong international growth, up 53% to £61.0 million and continues to transition to a global business with over 1/3 revenues now generated internationally. The team has grown to 2,920 people an increase of 20% from 2,438 in H1 22. The share price is moving back higher through H2 with the wider market. The Group is also high quality with solid balance sheet. Valuation looks a little unhelpful with forward PE ratio at 32.6x and in the bottom quartile for the Software & IT Services market. But the share has traded on multiples much higher than this over the past 5 years. BUY....

...from WealthOracle

[sunshine today] 14/11/2022 11:44

Big V small: Both appear to be excellent value, same sector.

KNOS Dividend yield 1.5%
KNOS Growth 15%
PE 43


TRD dividend yield 5%
TRD Growth 70%
PE 18

[someuwin] 14/11/2022 11:10

Good to see the explict mention of expansion into the banking / insurance sector. These companies are increasingly reliant on huge IT infrastructures and have vast budgets to upgrade & maintain them.

"In the UK, the commercial sector expenditure on IT is over three times that of the public sector. While this represents significant opportunity, to increase our likelihood of success, we have initially chosen to focus our activity on financial services customers.

Like all large organisations post-pandemic, those within banking and insurance are increasing their levels of investment in digital transformation. This, coupled with our growing references in the sector has driven a rapid increase in activity as we have helped established customers like Concardis and New Ireland and new customers such as IMCO, Danske Bank and Federated Hermes Limited."

[someuwin] 14/11/2022 10:36

This has to be one of the best bets going for continued high growth in perpetuity.

Multi-country, multi-sector. delivering digital products and services which all companies increasingly rely on! Not cheap - but real quality rarely is.

"...Our business is becoming increasingly resilient. We work with over 750 organisations, many of whom are international in scale and who operate across a range of industries including healthcare, public sector, banking, insurance, pharmaceuticals and education. From our UK base we have expanded globally, with over one-third of our revenues now generated internationally.

Looking forward, we remain confident in our business as the demand for our services has never been higher, our reputation for delivery continues to flourish, while the scale and capability of our organisation continues to grow at pace."

[pyglet] 14/11/2022 10:07

Has £20 written all over it

[pyglet] 14/11/2022 07:45

Absolutely brilliant- fell far too far.

[someuwin] 14/11/2022 07:20

Fantastic performance!

[someuwin] 11/11/2022 08:39

Kainos @KainosSoftware

We're thrilled that the @DVSAgovuk and Kainos have won the 'Best Public Sector IT Project' for the Future Theory Test Service at this year's #UKITAwards.

💫One of the largest online testing initiatives globally

💫One of the most complex UK Gov Digital Transformations

[mrbeaky] 10/11/2022 17:17

Yes, share price is increasing for once!

[pyglet] 10/11/2022 15:55

Somethings happening

[someuwin] 07/11/2022 10:47

Half year results a week today.

[someuwin] 03/10/2022 22:46

From the 01/09/22 Trading Update:

"...As a result of the continued growth of our Workday Services and Workday Products businesses the results will show both businesses as separate divisions in the accounts."

This is highly relevant imo.

As we know, KNOS have been hugely successful with their Workday (NASDAQ:WDAY) services (deployment, integrating, testing etc of customer Workday installations) these generate good revenues, but each roll out is different so probably requires a lot of resources and time.

Workday Products, however, should be much more profitable as they're standalone software products which can be sold over and over. So far, these products have been mainly admin tools such as testing, auditing, mentoring etc.

Now however, KNOS have created a new product: "Employee Document Management" which allows users to create, manage, store and access employee documents, such as contracts, policies and compensation statements, inside Workday.

This is product accessible through WDAY's Extend cloud platform - a bit like the app store where trusted developers can develop 3rd parts Workday apps.

So, this seems to me like a product which a lot of WDAY customers will want to pay for. Furthermore, it shows the direction of travel. WDAY are making a big push with their Extend platform and KNOS, as one of their most respected partners are ideally placed to roll out many more of these app products.

[someuwin] 02/10/2022 20:01

Kainos secures coveted space on Metropolitan Police Service Solution Provider Framework 2022

Date posted 30 September 2022

Kainos is delighted to share that we have secured 1 of 10 places on Lot 1 - Systems Integration on the Met Police multi-year Solution Provider Framework 2022 (SPF 2022). The contract enables the Met Police to work with trusted partners to deliver end-to-end Digital Policing Solutions quickly, enabling agility and flexibility in policing services, an improved user experience and greater value for money.

SPF 2022 forms part of the core elements of the Met Police Digital Policing Solution Delivery Model (which supports the Met Police Strategic Delivery Framework). It will help deliver a next generation Digital Policing model that reflects the future needs of the Met Police in seizing the opportunities of data and digital tech to become a world leader in policing.

Kainos is very pleased to be supporting the Met Police, helping to deliver their digital policing strategy and digital transformation agenda, to make the Met Police a world leader policing, and London the safest global city.

Russell Sloan, Head of Digital Services at Kainos said 'It's great to be partnering with the Met Police and to secure our place on this framework. We are excited to have the opportunity to be involved in delivering digital solutions that will help drive a next generation policing model with an improved user experience.'

[sunshine today] 01/9/2022 09:16

Umm , so the PE should reflect the growth rate, if the above poster is correct, at 17% growth the PE should be no higher.(17).

Is this company expecting 43% growth next year.?

[fuji99] 01/9/2022 08:55

Regardless of any positive from any stock, market turbulence caused by high inflation and conflicts in Ukraine and Taiwan, no stock or sector will escape. IMO the down trend will continue in the markets for at least a year until things improve. So I am mostly in cash as many sectors will suffer, taking with them everything. Bear market has already started with odd dead cat bounces along the way down for at least the next 12 months. This is my own view; DYOR of course.