Kainos Share Discussion Threads

[ali47fish] 09/8/2023 10:25

dont undrestand what you are posting can you you make it simple without the detail?

[someuwin] 09/8/2023 10:07

It wasn't an IT issue, It was human error. They had a spreadsheet with the source data (list of all PSNI staff) on one tab and on the other tab they had processed the data (total numbers of officers and staff at all ranks and grade across the organisation). Unfortunately they sent out the spreadsheet with both tabs attached.

[netcurtains] 09/8/2023 09:49

kitzei: Are you sure as nearly every single government security
clearance site appears to have softwarehouses and contractors (you see the adverts
all the time on jobserve).

[kitzel] 09/8/2023 09:35

No - the PSNI has its own in house I.T provider

[netcurtains] 09/8/2023 08:05

Because the data breach is in Northern Ireland
Is there a possibility its linked to Kainos?

[fuji99] 03/7/2023 10:15

Agree qvg. Maybe there was an agreement of non-disclosure but they should at least state the reason and not taking PI's for granted.

[qvg] 03/7/2023 09:32

fuji99, perhaps it was a condition of the purchase not to disclose? I think there is a limit above which they must disclose, so suggests to me it was not a large sum (for them). It seems to be in an extremely interesting space

[fuji99] 03/7/2023 09:02

They should have informed investors big or small on the amount they paid for the acquisition. They cannot just spend money at their discretion. I think this is not fair to PI's.

[jomool001] 03/7/2023 08:15

very quiet here with lots going on

[fuji99] 22/6/2023 15:28

After it finishes raising funds ? ... Not for me.

[blackhorse23] 23/5/2023 10:35

Another Belfast based company HARL , could surge like here

[km18] 22/5/2023 15:08

In line with the positive results the price opened positively 3%. The share price rebounded from 1200.00 S/R previously, but the update acted as a catalyst to trade higher. Share price plunged to the next resistance at 1300.00, if it manages to break above 1300.00, it can potentially target next resistance at 1400.00, giving room to get in for a short BUY and as CEO Brendan Mooney said: “The digital transformation market continues to grow in importance for organisations operating in government, in healthcare and in the commercial sector. This importance is translating into continued demand for the work we do for our customers. Despite the economic uncertainty, there is an urgency for our customers about extending existing projects and starting new projects, as they change the ways they deliver essential services to citizens, patients, customers, and employees” shows there is clearly demand for the services company provides which can potentially drive the price higher. KNOS is good to keep in the watchlist for a BUY..... from WealthOracle

[firtashia] 22/5/2023 08:57

Amount of cash to hand exceeding total liabilities. Super.

[johnrxx99] 22/5/2023 07:25

Everything up between 8 and 40%.IMO very good results but no doubt the market will knock it.

[johnsoho] 19/4/2023 09:12

I think the trading statement is pretty good.

Our trading in the period has continued to be very strong across all three divisions as new and existing clients have maintained high levels of investment in digital solutions. As a result, for the full year ended 31 March 2023, the Board expects our results to be in line with current consensus forecasts*.
-- Against a backdrop of sustained market demand, our Digital Services teams continue to deliver major transformation programmes to new and existing clients across the Public, Commercial and Healthcare sectors.
-- Our Workday Services division continues to benefit from a well-established global presence and reputation. Now present in all significant European and North American markets, we have access to the largest markets in the fast-growing Workday consulting sector.
-- Within our Workday Products division we have three products, Smart Test (for automated testing), Smart Audit (for compliance monitoring) and Smart Shield (for data masking). We have maintained our very strong annual recurring revenue growth trajectory as we continue to expand our international client base.
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 for our customers. Despite the increased global demand for digital talent, we continue to retain, develop and attract high quality people; we now have 2,990 colleagues based in over twenty countries (31 March 2022: 2,692 people), an increase of 11% on the prior year.
While we are cognisant of the global macroeconomic landscape, 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 2023 will be made on 22 May 2023.
* Note: Company compiled range is based on known sell side analyst estimates. The ranges are: Revenue GBP351.7m - GBP378.0m and Adjusted PBT GBP66.1m - GBP68.0m.

[johnrxx99] 19/4/2023 09:07

Interest rates to increase!

[netcurtains] 19/4/2023 08:42

I'm not an expert on these things. But surely if the price falls on hearing the news
then the news is NOT meeting the markets expectations....
I mean if the news was meeting expectations then the price would remain more
or less the same.

[ozzietom] 19/4/2023 07:50

A solid trading update. All three segments performing well and overall results to be inline with expectations. I like the recurring nature of the Workday services and products divisions and I think Kainos' reputation and brand is continuing to grow in these areas. This will hopefully to continue to sustain the growth going forward, even if the digital services division varies...which I have no reason to believe it will. I think it is underpriced for a business growing revenues and profits at these rates. Once confidence in the markets pick up, it should hopefully trend up further. Am happy to continue holding

[netcurtains] 17/4/2023 13:38

ali47fish: I was replying to someuwin -

Cheers

[ali47fish] 17/4/2023 13:35

net please explain in plain language and where is this significant for knos

[netcurtains] 17/4/2023 09:51

someuwin: I have a section on Chatbots, AI etc etc in my memoir, history and thriller of 40 years of IT...
Including my share picking systems and of course my time at Triad PLC.
Its all in the book:

[someuwin] 18/3/2023 19:49

As a software developer myself, and an investor in software companies (currently TRD and KNOS) I'm trying to work out what effect Chat GPT (and similar AI tools) are going to have on these businesses.

Make no mistake, what GPT is capable of is jaw dropping. We haven't seen anything like this before. A total game changer (and not just in the software development world!)

GPT 4 can produce code that a good coder would do in a week in a matter of seconds. GPT 4 is over 4 times better than chat GPT 3 which only came out 5 months ago. GPT 5 is already in training mode. The advances in performance will accelerate exponentially.

So simplistically you might think that software companies will be able to do as much with far fewer coders. Which would massively push up margins. However the downside is that software production will become commoditized. With low barriers to entry there will be more competition which will drive down prices.

Any thoughts?

To see what I'm talking about see here...

[fuji99] 15/3/2023 11:56

Now it's the turn of Credit Suisse spreading toxicity into the markets. Could be another big bank going down. Market nervousness will become very jittery.

[someuwin] 23/1/2023 23:08

Kainos @KainosSoftware ·8h

We have ambitious plans to grow to 4000 people by 2025, and this week we reached an exciting milestone! We welcomed Kaylah Johnson as the 3000th person to join our team. Welcome to the team, we are delighted you chose to start your career with Kainos!

[ali47fish] 18/1/2023 09:26

lovely thanks a bunch