Kape Technologies Share Discussion Threads

[tole] 19/11/2019 08:11

I'm in at 90p

[rimau1] 19/11/2019 08:11

Seems the market needs a bit of time to understand the deal. Agree with everyone that we should be trading at all time highs now, i am sure ST will write this up today and we will close over 3 figures and then a steady rerate

[john09] 19/11/2019 08:08

Yep I wouldn’t be tempted to sell at this initial spike .

[rivaldo] 19/11/2019 08:05

Progressive Equity Research have updated - they now go for 18.4c EPS next year.

Call that a round 14p EPS and we should see a share price of at least 150p here.

And with cyber-security sector share valuations being where they are, then perhaps a lot more than that.

[cheshire man] 19/11/2019 08:04

Got your answer igoe104 :-)

[robsy2] 19/11/2019 08:03

I topped up just now , had to pay 93p.

[slopsjon2] 19/11/2019 07:51

Level 2 bid offer 88-90 at the moment

[igoe104] 19/11/2019 07:46

Surely now, we will see some positive movement in the share price now.

[nfs] 19/11/2019 07:44

Agreed Robsy, I used stockopedia 2020 estimates uplifted by 90%. Very useful piece of info they provided there

[robsy2] 19/11/2019 07:38

There is it , the big one. Back of the envelope calcs using their estimates gives me EBITDA eps of 18 cents for year end 31.12.20. Anywhere near that and this is worth 200p a share. Of course they have to do it but they have the cash to invest and the debt equity cash consideration with lock-ins , staggered payments and ongoing involvement by key staff post acquisition, all looks sensible and well pitched to me.

[john09] 19/11/2019 07:28

Booooooom 💰

[rivaldo] 19/11/2019 07:13

Wow!

As the CEO says, "a game changing moment in Kape's development".

With "90% earnings accretion anticipated in the year ending 31 December 2020".

That's some acquisition:

"This transaction makes our vision a reality by creating one of the most prominent privacy companies globally. In one acquisition, I believe we have positioned Kape to fast become one of the leading digital privacy service providers in the world, empowering consumers to manage their own data and digital security."

[cheshire man] 19/11/2019 07:11

Financial and Operational Highlights of the Acquisition

The Acquisition, which is expected to be immediately earnings enhancing, represents a significant step-change in the Group's development, delivering substantial operational and financial benefits, namely:

[rivaldo] 18/11/2019 10:33

I thought the Mello presentation was fine. As did Glasshalfull per the above. Hopefully just a matter of time and clearing out any sellers.

[outsizeclothes.com] 14/11/2019 22:54

No serious buying as a result of the presentation at Mello.
Are potential buyers not impressed ?

[john09] 13/11/2019 11:45

They’re Both a takeover target and themselves on the acquisition hunt 👌

[cheshire man] 13/11/2019 11:38

Glasshalfull

@Glasshalfull1
·
2h


Day 2 at #MelloLondon kicked off already. Ido, CEO of
@Kape_com
#KAPE first on.
M/cap £110m with £35m net cash. Over 1m SaaS customers with company benefitting from growth of digital security.

I hold & have tweeted consistently on opportunity here IMHO
@MelloEventsUK

[john09] 13/11/2019 11:24

Things could be turning

[john09] 12/11/2019 16:42

Looks good for a rise to me 👍

[rivaldo] 11/11/2019 08:44

Looking forward to it.

Since the new SCSW is just out, it should be OK to copy the very nice write-up in last month's issue FYI:



"Kape - 1.02m SaaS users (+83%)

82p Epic code: KAPE

(Sharewatch) I really like Kape’s investment model. It spends £100 on attracting a subscriber to its digital privacy software and although in the first year it might only recover £80 (payback is 15 months), on average users stay with it for six years, by which time it has had >3x its money back, so lifetime value (LTV) is the gravy.

Since December Kape added 197,000 subscribers to take it to 1.02m, +24% over six months and +83% year-on-year. Total sales were US$72.3m (up from US$52.1m) and of that US$54.2m comes from software sold on a continuing basis to these 1.02m users - causing LTV to jump to US$38m from US$30m last December. The other US$18.1m was one off sales to a further 0.2m users.

Of course upfront marketing can have a depressing effect on profitability during a period of high customer expansion. Overall in H1 it has invested US$11.1m in direct marketing (up from US$9.8m) so the benefits will come in future periods. Of that, US$7.1m was capitalised, up from US$3.4m. Adjusted ebitda went up 21% to US$5.8m. Eps grew 15% to 2.5 cents.

Yet despite adding so many new subscribers, the retention rate has advanced to 82%, from 74% a year ago.

The two acquisitions of the past 18 months continue to do well. Intego strengthened its presence in the North American cybersecurity market whilst Zenmate has been assimilated into the group where it now forms a flanking brand to CyberGhost VPN and US$1.7m cost savings will flow through into H2. Net cash is US$36.4m or 20p a share. Shore Cap forecasts eps of 6.8 cents for the current year and 9.2 cents next, to drop the soon to be prospective PE to 8.9. An acquisition will electrify things before long. Keep buying."

[davidosh] 08/11/2019 12:53

Just a reminder Kape management team will be presenting on both days of the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part...



There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings?



If you would like to join the thousand investors at the event you can gain 40% discount on your ticket by entering the code ADVFN40 when you purchase your ticket.

[sev22] 08/11/2019 11:51

Just a reminder that Kape are presenting at Mello London next week on Tuesday and Wednesday (timetable below). This should give the company some useful publicity.

[john09] 07/11/2019 11:54

Bought some yesterday, no doubt fellow SCSW folk are getting in the party at XLM and GAN

[john09] 05/11/2019 17:20

Tried to buy at 76.5p most of the afternoon. Not filled

[napoleon 14th] 05/11/2019 09:41

Quite the weirdest share to trade.
Says 78p on screen, but you could buy at 78p, so that wasn't mid.
Then, not poss to sell, quoted 75.2p online but directed to phone call for execution.
Did so on a quote of 75.2p. Said I'd accept 75p to get rid of...
Dealer called back - sold for 77p ea!
Mysterious....