Kape Technologies Share Discussion Threads

[middlesboroughfc] 29/11/2019 15:51

This could roof it to 200p

[abarclay] 29/11/2019 15:47

Really does look like 300p a share with £35m a year cashflow

Also go into All-Share now market cap there at next review?

[qs99] 29/11/2019 15:46

not unreasonable assumptions I agree. profit taking when it hit £1.50 just now, but maybe will start to push through that later or next week. GLA and DYOR

[abarclay] 29/11/2019 15:45

Really does look like 300p a share with £35m a year cashflow

Also go into All-Share now market cap there at next review?

[abarclay] 29/11/2019 15:44

Lots of people will read the Chronicle on the weekend. Will be a lot of buying on Monday I suspect.

[blackfinance] 29/11/2019 15:39

Might be better to stay at this level or even dropping back a bit before taking off again, always prefer steady risers to these tearaways, but agree it is still massively undevalued! GLA!

[qs99] 29/11/2019 15:25

BOOM, lovely job, through £1.50, now let's test £2

[qs99] 29/11/2019 15:24

indeed, and heading north nicely

[abarclay] 29/11/2019 15:22

Looks like 300 a share to me

[abarclay] 29/11/2019 15:21

Looks like 300 a share to me this one

[abarclay] 29/11/2019 15:21

PE is 11 still way too cheap

[johndoe23] 29/11/2019 15:20

Next stop 180??!

[qs99] 29/11/2019 14:52

Nearing £1.50/....

[nobilis] 29/11/2019 11:11

Nice thread title. like

[abarclay] 29/11/2019 11:00

Cheers matey



Just to recap how cheap this still is



Kapes RNS of 19 NOVember 2019 says

globally;

-- Earnings growth: the enlarged group is expected to generate consolidated proforma 2020 revenues of between US$120-123 million and Adjusted EBITDA(2) of between US$35-38 million;

-- Earnings accretion: c. 90% earnings accretion anticipated in the year ending 31 December 2020;
-- Cash generation: LTMI is a highly cash generative business, generating c. US$16.3 million of adjusted operational cash flow in 2018 with cash conversion of over 100% with expectations of ongoing strong cash generation;




Shore Capital note on the same day upgrades earnings per share (EPS) to 15.6 cents for the year which starts on 1st January


15.6 cents = 12p

A P/E/R of 20 is a share price of 240p

[qs99] 29/11/2019 10:59

Yup, more to come, GLA

[abarclay] 29/11/2019 10:31

150p today be good for KAPE

[podgyted] 29/11/2019 10:12

FWIW

Codemasters CDM have announced a similar deal overnight - may be of interest - don't think its as good as this one but similar theme.

[abarclay] 29/11/2019 08:50

Last MM on offer , once it moves up everyone is going to jump on it.

[abarclay] 29/11/2019 08:27

Wow.


Long way to go here. Cheers.

[abarclay] 29/11/2019 07:01

Yes 35m Free Cash Flow now

[chezhans] 28/11/2019 23:25

Am I correct in saying that forward PE for 2020 is currently only 9 based on forecast EPS of 15.6 ?

If so it seems very low for a cash generative technology company.

[abarclay] 28/11/2019 22:21

lots of free publicity for PIA as a result of this deal. their membership will be rocketing too