Kainos Share Discussion Threads

[hazl] 29/11/2016 08:58

It's been on an incredible run up when you think about it.
Again relatively speaking feels fairly stable now.

[hazl] 29/11/2016 08:55

SEEMS to be fighting back .....

[eddie87] 29/11/2016 08:22

It looks like there is no downside support all the way down to 171 level, as the last time it stabilised. It might yet test those levels.

At a PE of 20 at the current price, that price would get it to around a 15.5 PE; the story here feels the same as Tribal Group, around ten years ago - also reliant on government contracting - that didn't end so well, though the company is still in business.

[velod] 28/11/2016 22:19

Normally I would expect a share suffering a one day fall of 6%+ to continue that fall the following day. Without exception! But support is currently a disproportionately, long way down below. However, now the bubble on the overbought situation has been burst, maybe it's just a case of it overshooting? To that effect the share price can stay in the 220's tomorrow without injury so long as it closes at the higher end of the 220's with 229p being the first resistance level to overcome - if the share price comes out fighting that is! Anything closing below the 220p's won't bear thinking about, before it hits support.

[valhamos] 28/11/2016 15:12

On course to meet expectations for the full year despite not expecting much change in the NHS.

"The Group expects continued scarcity of funding and slower procurement in the NHS to continue into the second half of the year"

[butler4] 28/11/2016 13:35

The fundamentals are good
Debt approx £1.04m
Profit approx £15m
PE 20.47 - about right for software co.
Big problem, as I see it, is major investors concerned about revenue/profit going forward especially re National Health - this could have serious effects on y/e numbers

[velod] 28/11/2016 12:20

Compared to longer term full day averages it's really high volume right now and it's only mid day! Every time the share price gets near 222p it gets met with fierce resistance. Would be encouraging if it closed end of today above that, but sheer volume dictates no fickle flucuation as bears over ruling bulls when share price rises back to near 222p level - at the moment that is, ie., currently Monday mid day.

[hazl] 28/11/2016 11:58

Yes I am not surprised at a retrace today to be honest.
Nor would I be surprised at a renewed interest working upto the dividend.
I am keeping a few stocks in these uncertain times covering different bases as it were.
Not got a lot in anything,mostly cash.

[velod] 28/11/2016 11:47

With positive results released today and a positive future outlined in same results, the good thing about today's retrace is that it might deter overly rapid share price rise, so almost certainly in near future, will see share price higher than Friday's close of 236p and yet still be below and well clear of being in danger of overbought - if subsequent rises are orderly and progressive rather than sprints.

[hazl] 28/11/2016 11:28

I think it might well be an individual thing.
The share price had risen well for some time and those well in profit ,who can blame them for selling?
I had only been on break even from getting onboard earlier on so I decided to sit it out.
If I thought there was no hope I would have sold of course.
It looks as though it will be a company that goes on surviving to me with reasonable products,a handle on what investors want...if not growth then dividends or a mixture of that....
It's horse for courses but do agree with above factors.

[oregano] 28/11/2016 11:16

Agreed, i sold all mine last week. Look at performance vs the IT Services sector, which has been weak. No profit growth forecast next year, in fact given downgrades it might decline. I am surprised it has not fallen further. the last 4 days have been big volumes so someone disagrees with me.

[velod] 28/11/2016 10:51

I'm surprised no one posted of the extreme overbought situation the share price has been in. Getting itself seriously overbought to a staggeriinglly high RSi85 up to Friday's close. It first started reaching the foothills of overbought in October. But it was from mid November the share price started hitting presume cooker highs. Was going to post warning of a potential retrace but decided to quietly topslice my overweight holding then await for results today.

Didn't expect it to fall below support of 231p so breaking that support level was unexpected. Volume is high so far and looking like being a record day for volume.Currently struggling to break intraday resistance of 222p this morning. Results perfectly okay so retrace is all down to too fast too soon overbought rise. As you can imagine the share price is no longer overbought but a healthy middling RSi52 ish.

[richard98765] 28/11/2016 09:43

I can only imagine profit takers are banking near 10% short term gains on top of this drop, plus results were not as strong as some hoped. Decent enough for me I'm holding and won't sell

[davr0s] 28/11/2016 09:17

More sellers than buyers? Sell the news? Price got ahead of itself after strong run so some profit taking? Market expected more from the results? Rest of the market is down? Could be any of these. No point agonising - it is what it is

[ali47fish] 28/11/2016 09:07

nobody knows why share price is down? please!

[hazl] 28/11/2016 08:22

Would have thought the time to sell, if you were going to, would have been on Friday?
Shares sometimes drop back at first on results.

There is a bit of uncertainty there but a dividend to look forward to for those on the register on 9th December so wait and see mode for me.

[mammyoko] 28/11/2016 08:21

Rich valuation for no-growth stock

[por997] 28/11/2016 08:20

Most people buy on rumour and sell on results. Good to see KNOS still delivering each year.

[ayl30] 28/11/2016 08:18

Solid results, keeping all of mine

[ali47fish] 28/11/2016 08:06

any guess why the share price is down

[nw99] 28/11/2016 08:04

Sold mine great profit good luck all holders

[someuwin] 28/11/2016 07:39

Yup - all going to plan here.

[davr0s] 25/11/2016 11:00

Decent size blocking order set at 235 on the sell side of l2 suggesting lower risk of downsize today. I reread recent RNS last night and have decided to hold my position into next week. Fingers crossed !

[someuwin] 25/11/2016 10:39

Last day to buy ahead of interim results out on Monday.

[someuwin] 25/11/2016 08:09

KNOS CEO (entrepreneur of the year) interview

“...When you look at digital government, what we do is save government tens of millions of pounds and that kind of saving isn’t going to go out of fashion. If you look at the UK, they are looking to digitise 300 different interactions between citizens and the state covering everything from booking your driving test to filing your tax return. There have been 40 interactions introduced so far and we’ve been involved in over half of those,” Mooney adds.