Kape Technologies Share Discussion Threads

[rivaldo] 21/9/2020 06:48

Agreed mrnumpty and Volvo. Firstly, Sagi played things out perfectly at Safecharge, with the same dominant stake, and shareholders there (including me!) made a lot of money. Secondly, KAPE are still in a long-term uptrend and the share price has risen well over 200% in less than a year. There are bound to be profit-takers along the way, especially post-results as there usually are.

I don't see any reason why KAPE shouldn't resume its climb given the results and prospects. And if it doesn't do so immediately, then that's an opportunity for investors imho.

[shaker44] 21/9/2020 01:13

I have been a holder of ptec for a long time sadly. I would not go into what occurred as anyone interested can trawl the old bulletin boards. Many believe their very late and low presence in the booming USA markets is due to continuing usa regulatory problems with Sagi. One of his companies still had/has a ptec 'association'.

Let's hope Kape will be a happier story for investors.

[mrnumpty] 20/9/2020 20:12

Shaker44 . I have never owned Play Tech but , by " Googling " " Teddy Sagi , Forbes " , it seems that he sold almost $ 400 Million of shares in the company in 2016 , and that he sold his remaining stake for a further $ 88 million in 2018 . You are quite right in pointing out the subsequent fall in Play Tech's share price , but this seems to have followed the sale of his holding . Perhaps there might be another factor in the drop in the price of Play Tech but , especially given the dominant position he seems to take in the companies in which he is involved , I don't find it surprising that the price fell . In contrast to what happened at Play Tech , I agree with " volvo's " post earlier today that Teddy Sagi is scarcely likely to be selling any shares at all , both because the virus has created the perfect environment for an increased need for cyber-security and also because the share price of Kape has weakened .

[shaker44] 20/9/2020 18:00

Seriously? Have you looked at ptec share performance over 5 years?!

[volvo] 20/9/2020 17:07

agree

Like Playtech, Sagi sees opportunity.....this time in cyber security, massive growing market...and wades in.

PAI was a decent well run company, pitches up at the front door and asks whats the price for the owners to retire.

He will do that again with the next add on....the secret is having the circle of managers etc that can integrate the buy outs....which looking at Playtech, and Kape he has.

Fully expect an acquisition within days/weeks.

[mrnumpty] 20/9/2020 15:10

Volvo . I fully agree . A while ago Tedi Sagi was saying that he wants Kape to become a $ 1 M company , which would equate to £ 5 a share . Obviously that isn’t guaranteed . However , over on the LSE site , ‘ Rivaldo ‘ ( who always seems a straightforward poster ) quoted last Thursday a comment by Techmarket stating that “ US $ 70 M of credit to fund further acquisition activity and we wouldn’t be surprised to see the company expand its portfolio , revenue & customer base over the next twelve months “ . So , one or more acquisitions likely . I see the share price drop of the last few days as a result of private investors following the well-trodden path of “ buy the rumour , sell the news “ . Just as these traders sold , many will soon be thinking that its time to buy back in at the , in my humble opinion , silly price of £ 1.75 . All the best from Mr N

[volvo] 20/9/2020 10:10

mrnumpty, as far as I can make out, Tedi Sagi, far from being dodgy is out to make as much cash as possible.

He is not going do this by selling off his large controlling shareholding....in fact I doubt he intends to sell 1 share atm.

No his end game is to bankroll Kape, as he did with the PIA $96m purchase bridging loan at 5pc, since paid back with mainstream banks loans taken out at 2pc (these banks, Barclays Citi and Bank of Ireland seem happy with Kape's financials btw).

Turning Kape into a leading cyber security listed company (more add on acquisitions coming...high quality names imo), before selling it on to the highest bidder... I suggest at a multiple of todays share price.

Whats wrong with that? He is looking to mop up, probably 2 or 3 years down the line, and us minor shareholders can hopefully enjoy the ride too. dyor.

[mrnumpty] 20/9/2020 07:01

There was an article in yesterday’s ( Sat 19th September ) Telegraph which reported that hackers gained access to the computers of Düsseldorf University Hospital , one of the most prestigious hospitals in Germany , in order to obtain a ransom . It seems that they had actually meant to attack the systems of Düsseldorf University ( doh ! ) , but nonetheless the attack caused the first ever death attributable to a cyber attack when an ambulance with a female patient was diverted to Wuppertal hospital , 20 miles away . As far as I know , Kape doesn’t deal with hospital cyber-security , but this incident nonetheless underlined the increasing need for its services .

[mrnumpty] 19/9/2020 18:48

Epicsurf . Thanks for the prompt reply . It seems that Tedi Sagi’s similarly high shareholding In Safecharge didn’t harm the share price .

[epicsurf] 19/9/2020 15:49

Hi mrnumpty , SafeCharge was 68.3% owned by Sagi,
Link to safecharge story

[mrnumpty] 19/9/2020 15:34

Epicsurf . Do you remember what percentage of shares was held by Teddy Sagi in Safecharge ? Was it as high as his current holding in Kape ? Thanks in advance

[epicsurf] 19/9/2020 11:04

Understand the concern with Teddy Sagi 
And his majority holding and history ,invested in safecharge another one of his vehicles and done rather well, same set up majority holding , half expect to see him sell the business on in time, seems to be his style ,but agree majority holding is not ideal

[mad foetus] 19/9/2020 10:40

The problem here is that the combination of a majority holder, Israel connection and great fundamentals has ended up being a fraud on multiple occasions. So for a lot of investors this is just uninvestable. Talk about how cheap it is makes little sense when there is widespread scepticism about whether the figures can be trustedI have no position here but was on the point of investing after the results when the above was pointed out to me so I thought again

[harrywilliam] 19/9/2020 10:31

Any link to presentation please

[epicsurf] 19/9/2020 10:28

Added again on Friday, can move up really quickly as well on limited free float

[volvo] 19/9/2020 10:16

Watching Ido Erlichman, CEO, doing his presentation this week it is crystal clear he has an acquisition on his mind, as he said probably similar in size to $96m PIA, which is immediately earning increasing.

How will the markets take that?

Recon its coming and soon.

[mrnumpty] 18/9/2020 14:29

Small Company Share Watch tipster magazine : December 2019 edition stated , when the shares were at £ 1.48 “ Now on a prospective p/e of 12.2 the shares are D-I-R-T cheap ... It has the look of a business set to massively surprise on the upside in 2020 . Even at 200p the p/e would only be 16 . Grab it with both hands “ . Then in the February 2020 edition the magazine commented about Kape’s VPN numbers being in excess of 1.8 million “ the number is only in the foothills of what is possible for consumer IT security products ... Keep on buy list [ at £ 1.88.5 ] “ . These comments by SCSW were BEFORE the Covid crisis hit the West and which provided such a tailwind for Kape’s products . Furthermore , as has been already stated here , Simon Thompson of the Investors’ Chronicle has just rated Kape as a “ buy “ at £ 1.90 . For what it’s worth , my opinion is that the small free float of shares ( only about one-third not owned by directors or institutions ) means that the share price can be volatile . Combined with many private investors following the investing adage of “ buy on the rumour , sell on the news “ before and after last Tuesday’s announcement of half-yearly figures , these two factors explain the recent rise in the share price and the subsequent drop . At every moment with shares , we always have three options : avoid altogether ; buy ; sell . I personally suspect that it is too late to sell because the sellers will soon be cleared , and that many of those traders who sold out will start to re-enter , and that the price will then resume Its upward trend . However , don’t listen to Mr Numpty - do your own research .

[blackfinance] 18/9/2020 13:14

Fozzie - With all due respect the market is simply the market it is neither rational or irrational. Just because we all think KAPE should be 250 (and I do!) doesn't make it so. I sold half my holding yesterday and half the remaining half today. I really rate KAPE but until the price starts to move up again I will not be buying, conversely if it drops another 10/15p I will sell. One can always buy back in.

[fozzie] 18/9/2020 09:56

I've been concerned for months, held because I thought the market would wake up and smell the coffee, it hasn't happened. Market being irrational with the share price here, bottom drawer.

[frankwhite] 18/9/2020 09:51

Concerned its broken 180p today and touched 175p.

[frankwhite] 18/9/2020 09:50

Thanks Shaker I have it now:

Unikmind Holdings Limited 106,850,002 67.41%
Miton Group Plc 7,053,724 4.47%
Andrew Lee 5,250,363 3.32%
Stephen Deprospero 5,250,363 3.32%

[frankwhite] 18/9/2020 09:50

Thanks Shaker I have it now:

Unikmind Holdings Limited 106,850,002 67.41%
Miton Group Plc 7,053,724 4.47%
Andrew Lee 5,250,363 3.32%
Stephen Deprospero 5,250,363 3.32%

[frankwhite] 18/9/2020 09:50

Thanks Shaker I have it now:

Unikmind Holdings Limited 106,850,002 67.41%
Miton Group Plc 7,053,724 4.47%
Andrew Lee 5,250,363 3.32%
Stephen Deprospero 5,250,363 3.32%

[shaker44] 18/9/2020 03:29

Frank, check out ownership structure and owner history if you are unsure why only pi's buy.