ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

KBC Kbc Adv.Tech.

209.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Kbc Adv.Tech. Investors - KBC

Kbc Adv.Tech. Investors - KBC

Share Name Share Symbol Market Stock Type
Kbc Adv.Tech. KBC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 209.25 00:00:00
Open Price Low Price High Price Close Price Previous Close
209.25 209.25
more quote information »

Top Investor Posts

Top Posts
Posted at 09/9/2015 11:31 by noble3r
[...]

if the above doesn't work then go onto the discussion forum of KBC on interactive investor 'trends and targets'
Posted at 28/8/2015 11:11 by noble3r
It seems an institutional investor maybe offloading and top slicing their holdings . I wouldn't be surprised if kestrel is the culprit since they made reference in their july fund fact sheet that they were trimming one of their top holdings after a prolonged rise in share price

Since all other stocks in this sector are rising this can be the only reason why we are being held back at this level of 113p
Posted at 19/5/2015 13:00 by wh1spa
ST's comment:KBC break-out imminentI have been following with interest developments at Aim-traded KBC Advanced Technologies (KBC:109.5p), a consultancy and software provider to the global hydrocarbon processing industry.I last updated the investment case at the time of the company's fiscal 2014 results in March when the price was 87p ('Blow-out results', 18 March 2015), having initiated coverage at 69p ('Fuelled for growth', 5 May 2013). Since my last article KBC's share price has moved up 23 per cent to 109.5p and is now on the cusp of taking out last autumn's highs at 110p. This price action should be noted because a close above 110p would signal a major share price break-out and one which, in my view, paves the way for a return to the 142p highs dating back to June last year. Moreover, with a decent operational tailwind, I expect my fair value target price of 165p to be challenged in due course.It's easy to see the company is gathering investor interest. Firstly, at the end of last month, KBC Advanced Technologies entered into an agreement with Kongsberg Oil & Gas Technologies to develop stronger simulation software integration and more effective engineering and operations workflows for the oil and gas industry. At the same time the parties have signed a reseller agreement to enable them to cross-sell their leading software technology products together as a complete suite for simulation, optimisation and operator training across the breadth of hydrocarbon production and facilities. This can do no harm at all to earnings expectations for the year ahead.Secondly, KBC has recently appointed a new finance director, Eric Dodds, formerly finance chief at software company Morse prior to its takeover five years ago. His appointment is a good addition as he brings in a wealth of experience in financial management of both consulting and technology companies.Thirdly, there is an active buyer in the market, Kestrel Partners, the investment manager to Kestrel Opportunities, a Guernsey-based cell acting on behalf of wealthy private clients. In fact, in the past couple of months Kestrel has purchased more than 750,000 shares in KBC to lift its stake to 12.25m shares, or 14.89 per cent of the issued share capital. Oliver Scott, non-executive director of KBC, is a partner of, and holds a beneficial interest in, Kestrel Partners and is also a shareholder in Kestrel Opportunities. In other words, there has been indirect share buying by an insider.Fourthly, the valuation is still attractive. That's because analysts at brokerage Cenkos Securities and research firm Equity Development predict that KBC should be able to increase underlying pre-tax profits by 10 per cent to £10.5m this year. This means that once you strip out KBC's latest net cash figure of £15m, worth around 18p a share, from the company's market capitalisation of £90m, then the shares are being rated on less than 10 times post tax earnings, a near 40 per cent discount to the small cap software average for sub-£100m market cap companies.In the circumstances, I feel that KBC's shares are still worth buying on a bid-offer spread of 107p to 109.5p. My year-end target is 165p. Buy.
Posted at 18/5/2015 07:42 by bakunin
Well, it would be very nice if Michael is right.
But, his valuation does seem based on historical metrics, extrapolations and the very L-T chart landscape.
In short, an accountant's view.
Nothing about the strategic approach, possible achievable margins in software and how these can bring about a £4 per share value.
If the company is really potentially worth £4 per share, then it will get taken out for much less than that in the short term.
To be worth £4 per share, they would have to make serious inroads with their field-to-refinery strategy, but they aren't likely to do this in the S-T/M-T without the help of the likes of Kongsberg.
Hence, a takeover of say 20-30% above 115 would be more likely IF the company is potentially worth £4 and allow a company that perpetually seems to operate under the radar to find a new owner that would make arrangements for management and the largest shareholder and avoid any kind of opposition from the rank-and-file investors.
Posted at 22/1/2015 12:38 by brummy_git
Looks as though CEO Suncor have the same view as ED on the future direction of oil prices

A senior Suncor Energy Inc. executive said Wednesday the company won’t delay its biggest long-term growth projects because it expects crude oil prices to double from current levels within the next three to four years.

“In the longer term, oil is going to go back to $90-$100,” Alister Cowan, the oil sands producer’s chief financial officer, told investors attending a Canadian Imperial Bank of Commerce conference in Whistler, British Columbia, saying that prices would rebound to that level “probably in three years or four years’ time.”

That bullish outlook echoes recent comments by CEO Steve Williams, who has said he also expects oil prices to climb back to the lofty levels of last summer.
“Our long-term expectation is for an average oil price in the $90 to $100 range,” Mr. Williams told The Wall Street Journal after the OPEC meeting.
Posted at 22/1/2015 08:15 by brummy_git
Should see a positive bounce in the stock is morning. Also new investor note from Equity development.

hxxp://www.equitydevelopment.co.uk/doc/1310.pdf
Posted at 08/1/2015 09:02 by apad
About bloody time Mr. M. reacted to this level of insider buying! I've been wondering about the presentation and the importance of covering the whole of the processes from pumping to refining. At first I thought 'so what I would be quite happy to have different modelling software for different parts'. What I don't understand properly is that there is probably a carry through of parameters that adds considerable value. Also, that the combination of consultancy and modelling makes for something of a moat compared with a plug and play simulation. Further, the outsourcing of expertise in the industry is widespread and a simulation is only as good as the jockey riding it. We know this from FE simulation - a callow, workaholic youth just produces worthless numbers because there is no context and judgement. In terms of the outsourcing BP's engineer CEO got rid of all the engineers. The excellent book "Wilful Blindness" does a BP case-study that should be essential reading for all investors.
SG - are you lurking out there?
apad
Posted at 06/1/2015 06:05 by gargoyle2
KBC to present at the Innovators and Investors Forum in London on Feb 3:

I often wonder whether these type of presentations -- to Joe Public investor rather than analysts -- really do any good, but maybe they do. Of course, if anyone in/near London is able to go and report back, that would be interesting.
Posted at 02/11/2014 08:58 by simon gordon
Equity Development:

Investor Forum, 19th November: KBC Advanced Technologies, Keywords Studios and Symphony Environmental Technologies.

We will be hosting our next Investor Forum at Fasken Martineau, on the evening of Wednesday 19th November. You are invited to attend and meet the senior management of KBC Advanced Technologies, Keywords Studios and Symphony Environmental Technologies.

Eventbrite - Equity Development Investor Forum


KBC Advanced Technologies (KBC)

KBC Advanced Technologies is a leading independent oil and gas consulting and technology company. Following the acquisition of various upstream companies, including Infochem and FEESA, KBC now offers the complete value chain for upstream, midstream and downstream: from reservoir to refinery, pump to processing facility. KBC been awarded a number of significant software contracts since June and the Consulting pipeline for larger projects is growing with recent contract wins in South America, the Middle East and Asia providing good prospects for the future. Andrew Howell, Managing Director, will represent the company.

Register Here

Due to anticipated interest and limited space availability, interested attendees are encouraged to register as soon as possible

Venue: Fasken Martineau, 17 Hanover Square, London, W1S 1HU

Time: 5.00pm for 5.30pm start, 35 mins for each company to present and answer questions, and drinks and canapés to follow at 7.15pm.

Date: Wednesday 19th November

Please contact: Hannah@equitydevelopment.co.uk with any questions.
Posted at 30/10/2014 08:33 by bookbroker
The currency is now no longer an issue either, problem is 'Chronic Investor' recently gave this co. the thumbs-up, normally a red flag!

Your Recent History

Delayed Upgrade Clock