Kape Technologies Share Discussion Threads

[volvo] 14/9/2020 11:21

QS99, from the above article, Nord VPN are reporting a 165pc increase in sales, and the VPN market booming during the pandemic, and it is set to continue.

We are not Nord VPN, however you would have to assume that Cyberghost and Private Internet Access have enjoyed strong trading.

Lets see.

[qs99] 14/9/2020 11:14

through £2 and I'll think positively about tomorrow....fingers xd for an upbeat statement

[volvo] 14/9/2020 10:18

Interesting read out today, re the booming VPN market.

[tomv33] 14/9/2020 10:12

I hope the first level will reach means that our floor price will be at least 200p from these results

[mfhmfh] 14/9/2020 08:51

had trouble buying today

[volvo] 14/9/2020 08:22

Prediction...finishes 190p plus today having taken out all the stop loss savvy investors at sub 180p on Friday.

Results tomorrow will see 210p plus, then climb to 250p.

Recon we are going see a strong outlook statement.

[earwacks] 13/9/2020 16:45

They came award in March2019. Have reduced holding down to 3%. Not a company I would have thought they would have heard of, never mind invest in. Increasingly these companies are finding the reality of investing in dinosaurs in the FTSE 100 like L&G is a waste of space in the portfolio.

[tomv33] 13/9/2020 10:36

L&G is not such a great investment company to have in this

[earwacks] 13/9/2020 10:30

Shaker. There are 8 other institutions invested here for 13% if you include the smallest holding by employers trust, Including L&G and Schroders. Sagi owns 67% having purchased the shares exercised and sold by some of his employees in June. So that leaves 20% for the rest of us. I would imagine having established themselves as one of the market leaders and demonstrated their success in this field, Sagi will be expecting some consolidation in this crowded sector at some stage having already taken Cyberghost and Zenmate which I discovered recently. AVST snapped up Hidemyass in 2016 which the Russians and Uk governments have been trying to block. in the past. Clearly there are criminal activity issues here which upsets government snoopers in the East and West. Accelerating growth and continuing innovation will I believe keep Kape at the forefront of this fast expanding sector.

[shaker44] 12/9/2020 12:44

In chess terms I try to plan 3-4 moves ahead. Seems v unlikely that Sagi will not make any moves in next 24 months so it pays to consider just what moves he make make, as the impact can be very significant.
Which is, I believe, why institutions are not invested here

[earwacks] 12/9/2020 11:56

re Unikmind. In the world of finance there are many CEO's, sponsors/investors etc with some kind of history whether it be deliberately updating software to slow down old devices to persuade unwary customers to unnecessarily buy new equipment, VAT fraud, money laundering share price manipulation, in fact this is documented behaviour of some of the top business in the world. In fact the biggest. I'm almost of the opinion that they make the best investments sadly. All I know about Kape is it is a very cash generative business in a highly competitive growing market and I use their product that is at least as good and competitively priced and efficient as any other. Getting quite cynical about VPN's and having scoured the market and talked to many people in this business sector, I have concluded that a) it is a necessary armour in the fight agains cyber crime, and b) Kape is reasonably priced for around £30 per annum. The recent sells by some directors is of little concern. AVSt directors have been offloading huge amounts of shares this year and the share price continues to romp upwards even after being found out for selling data they are supposed to have been protecting. Kape does have a recent history of wild swings. This is largely because of the trust that owns nearly 70% of the company. Either there is some unpleasant news being concealed or more likely quite a few people are getting the collywabbles before results being expertly exploited as usual by the MM's. Some fairly hefty buying late Friday afternoon.

[volvo] 11/9/2020 19:16

Yes shaker i am 'gung-ho' to use your expression....always have been when its comes to making money.

Got my short term trading stock at an average of 185p now.....watch and see.

Looking forward to Tuesday

[shaker44] 11/9/2020 18:13

Volvo, you sure are gung-ho with this, and 2nd guessing the market.hope it's a small part of your portfolio. Risky play imo

[msehs] 11/9/2020 18:07

Should be some technical support at 180...previous 2 months have been dismal

[volvo] 11/9/2020 17:59

I will read the results on Tuesday and digest the information.

Without doubt the work from home and heightened necessity for internet security has played into Kapes hand.

Still bought another 11k today. Results will sparkle dyor.

[saucepan] 11/9/2020 17:47

KAPE Technologies: Unikmind Holdings Limited hold 67.41% of shares in issue.

Holders or would-be buyers may wish to be aware of the following:

“'the entire shareholding of Unikmind Holdings Limited is held by a trust, the sole beneficiary of which is Teddy Sagi.'

Sagi did nine months jail time in the 1990s for “grave deceit, bribery and insider trading” after being found guilty of manipulating bond prices in Israel"

Source:

Please don't shoot the messenger, but I think it is worth being aware and make of it what you will. When I discovered this information, I decided KAPE was not for me.

I flagged earlier concerns of a different kind in posts 1719 and 1724, but put my doubts aside to make a technical trade that I have now exited.

[gleach23] 11/9/2020 16:21

Finally, available stock looks to be tightening (down to 11k from over 75k earlier today) and underlying Bid and Offer prices firming. Hopefully some follow through on Monday in advance of Tuesday's results.

[sev22] 11/9/2020 09:28

Here is Simon Thompson's article in the IC from the end of May for anyone who hasn't seen it. It's worth flagging up his new price target of £2.75. Roll on next week.

Aim-traded shares in Kape Technologies (KAPE:208.5p), a provider of cyber security software, have smashed through my 200p target price after doubling in value since I last suggested buying, at 100p, two months ago (‘Three buying opportunities’, 18 March 2020). I first recommended buying, at 47.9p, in my 2017 Bargain Shares portfolio, so long-term holders have more than quadrupled their money. The re-rating is fully justified as this morning's trading update highlights.

Firstly, home working and remote working restrictions imposed on billions of people across the globe due to the Covid-19 pandemic has led to increased adoption of Kape’s cyber security software (which protects data security and privacy against piracy and phishing attacks). . Moreover, management report that demand for virtual private network (VPN) solutions that encrypt and secure internet connections has been rising notably in both North America and Europe, regions which account for almost three quarters of Kape’s annual revenue. Indeed, new monthly sign ups increased by 19 per cent last month within the digital privacy segment

Secondly, even before the lockdown restrictions, industry experts were predicting that the digital privacy market would grow by 50 per cent by 2022, thus providing a strong tailwind to Kape’s business. It’s a safe bet to assume that growth rates will be even higher now as hundreds of millions of internet users try to protect themselves from the marked increase in cyber and phishing attacks. The data security breach of 9m online customer accounts at budget airline EasyJet (EZJ) this week highlights the need for both companies and consumers to be extra vigilant.

Thirdly, there is scope for earnings upgrades driven by ongoing organic growth and by successfully marketing new products and cross selling existing ones to a significantly enlarged customer base following the acquisition of Colorado-based Private Internet Access, a leading provider of VPN solutions.

Fourthly, management reiterated guidance which points to underlying pre-tax profit trebling to $31.4m, and earnings per share (EPS) almost doubling to 13.4¢ (11p). Bumper operating cash flow should cut net borrowings by 38 per cent to $20m by year-end which means a higher level of economic interest in the company for shareholders. Kape has also completed a recent debt refinancing that has reduced interest charges in half.

Fifthly, the shares registered an important triple top chart break-out when they smashed through the 200p resistance level into blue sky territory. On a 2020 price/earnings (PE) ratio of 18.8, and with potential to deliver double-digit EPS growth in 2021 and beyond, I lift my target price to 275p. Buy.

[volvo] 10/9/2020 20:18

cheers....the figures wont lie

[bbluesky] 10/9/2020 20:11

Respect to the angler! May you land a whopper.

[volvo] 10/9/2020 19:37

Bought £16k more at 183p today....seems like the market want us to make money.

Top update next Tuesday.

Catching fish in a barrel.