Kainos Share Discussion Threads

[hazl] 10/3/2016 21:21

ABSOLUTELY Apad it gave them the opportunity to blow their own trumpet and
reinforce the accolade of being voted one of the best places to work.
Separately,I think gold stocks should do well tomorrow.
IMO

[bamboo2] 10/3/2016 20:58

SP oversold. Nearly reached H&S target

[apad] 10/3/2016 20:31

The Kainos responses were the most interesting I thought, hazl.
apad
ps
that's a problem with all reviews of any sort. Doesn't make them valueless.

[hazl] 10/3/2016 17:44

AGREE interesting though apad.

[amoore70] 10/3/2016 15:29

Problem with the glassdoor reviews is you don't know if they are genuine or not or just people with nothing better to do. As Kainos features in the Sunday Times list of best companies to work for I would take the reviews with a large pinch of salt.

[apad] 09/3/2016 13:33

Interesting Glassdoor stuff (lots of it).

"Hurtling towards a cliff"
Former Employee - Software Engineer in Belfast, Northern Ireland (UK)
Doesn't Recommend
Negative Outlook
Approves of CEO

Pros

Some great people
Growing company
Flexible hours
CEO is a good person to work for
Stock options, good savings schemes

Cons

Lots of arrogant middle management
Under development of technical staff
Corners cut everywhere
Extremely worrying future
Few projects set to fail this year, very worrying
Management incentives with lies of promotions or perks that never come

Advice to Management

Some BUs are too focused on the Quarterly profit and it's going to kill the company, corners are cut everywhere to get projects live, ultimately ends up ratcheting up support costs and lots of negative PR inbound (DVLA, Defra, more to come!)

Kainos Response

Jan 6, 2016 – Managing Director

There are many things that I like about Glassdoor, but I find it frustrating that I cannot have a dialogue with someone who posts to the site - in order to better understand a point that is made . That is doubly the case here, where I don’t recognise the behaviours listed in the ‘cons’ section.

For instance, on under-development of technical staff. If the comment is about training, then our skills development investment so far this year is just over £900,000 and on track to exceed £1.2m for the year.

Or on the topic of “management incentives”, we have absolutely no quarterly incentives and our benefits programme (perks) is well established and transparent - Google “Kainos Employee Benefits” to see the details (apologies if you are reading on your phone, the PDF runs to 14 pages).

Or on the “arrogant middle management”, in our most recent Sunday Times Best Companies to Work For (2015), staff rated their managers very positively. For instance, in the categories of ‘Leadership217; and ‘My Manager’ our combined scores were significantly above the average of the Top 100 Companies to work for in the UK.

In the absence of a dialogue I don’t know if my responses address the points raised … but thank you for taking the time to provide the feedback and I wish you well on your next step in your career.

Brendan

[apad] 09/3/2016 11:24

You're right hazl, -9% in red ruins the look of the spreadsheet. Bloody KNOS.

Mind you it's not as bad for the spreadsheet as when the book cost of a holding goes negative - no way to deal with that one without blank cells, no matter how far the share price falls.

apad

[hazl] 09/3/2016 08:46

Enough flack from the shareprice ...apad....8-)

It will do what it'll do.

[apad] 09/3/2016 08:35

I gave up on that target in the light of the orchestrated director buys and proximity to results so increased a few this morning.
Still it is the bloody health sector so you might be correct tintin.
apad
ps
prepare yourself for some flack from the fan club.

[tintin82] 08/3/2016 22:45

Downtrend continues nicely. Getting close to my 180p target.

[ponyten] 08/3/2016 14:19

Another nice director buy! Bodes very well.

[lauders] 08/3/2016 01:41

It would be nice to see an up day here for once I must admit. Not really a company that issue lots of positive newsflow to keep the market happy! Even when it has some it decides to keep it relatively quiet.

With recent Director share purchases of 7,368, 50,000 and 11,000 shares (see below), things cannot be that bad!

1) The Company has been notified that on 26th January 2016, James Hiles, a PDMR of the Company, purchased 7,368 ordinary shares in the Company at a price of 209.0p.

2) The Company has been notified that on 10th of February 2016, Gráinne Burns and a Connected Person purchased 50,000 shares in the Company at an average price of 201.3p.

3) The Company has been notified that on 29 February 2016, Andrew Malpass, a Director of the Company, purchased 11,000 shares in the Company at an average price of 197.10p.

[dahhad] 04/3/2016 12:43

Harshly knocked back IMO and due for a lift when the next set of figures appear.

[ihatemms] 02/3/2016 12:14

Thanks Ed for the info.

[edmate] 02/3/2016 08:58

Hi ihatemms. Yeah I emailed Kainos Investor Relations to ask if there would be an update soon. The reply confirmed there will be one in March, but couldn't confirm an actual date....Ed

[ihatemms] 02/3/2016 07:48

Edmate- how do you know there'e a pre-close update in March? TIA.

[edmate] 01/3/2016 11:47

Yep. Good stuff. There's a pre close trading update sometime in march too, so quite encouraging.....

[reddave999] 01/3/2016 10:06

Director buying :)

[someuwin] 26/2/2016 14:24

"All NHS organisations must be digital at the point of care by 2020, as set out in the government’s Personalised Health and Care 2020 plan, published in November 2014. NHS England claims paper storage costs between £500,000 and £1m per NHS trust."

[wet your knot] 26/2/2016 14:14

Digitizing the NHS may get the "increasing access, improving service" etc. whitewash but it's about reducing cost. I think they call it "using a sprat to catch a mackerel". KNOS seems well positioned to benefit from this investment in the near term. Recent quote from Mr Hunt:-

Health Secretary Jeremy Hunt said:

“Creating an NHS which is digitally fit for purpose in the 21st Century is a key priority for this Government. New investment of £1 billion in health technology announced in the autumn statement will help us to achieve this – making sure that patients and staff can access the services they need, helping to free up time and reduce costs.”

[someuwin] 26/2/2016 10:31

Kainos Software ‏@KainosSoftware · 23m23 minutes ago

We're absolutely delighted to have improved our ranking as a Sunday Times Top 100 Company! #Kainos100 #BestLists2016

[buffythebuffoon] 25/2/2016 18:39

Ah, 'the people with a close connection to the NHS'.

Better tell them that they will have little choice in the future.

Anyway, I'm sure these people will change their mind if you add to your holding.

Buffy

[eeza] 25/2/2016 17:48

It's a fickle, crazy Market.

FTSE up 100, down 100, up 100.

Usually signifies a change of trend.

[apad] 25/2/2016 17:27

People with a close connection to the NHS are saying that resistance to spending is greater than they have ever seen.

Isn't this the driver behind the fall? I had an alert at 200p and am waiting to see what changes.

I only have a small holding.

apad