Kellan Group Share Discussion Threads

[dave4545] 31/8/2018 10:32

0.835-0.98p best spread atm

[jimduggen] 31/8/2018 10:27

Director buy would help this tremendously

[tomboyb] 30/8/2018 13:31

Additionally the MD has made a huge difference as well -

[tomboyb] 30/8/2018 13:30

Well we are profitable -

More than halved out notes now to a mere £1.5mill -

And we are trading better and with the REDUCTION of loan notes from 3.2mill to 1.5mill and that is when the share price was around 3.30p -

We are at 1.0p -

[jimduggen] 30/8/2018 13:21

Holding well guys.

Will crack off in a big way soon

[tomboyb] 30/8/2018 12:21

Last RNS indicated the trading as a hint -

Very pleasing to see loan notes more than halved and Rakesh is one very open to shareholders -

Above 1p and this could break out -

[dave4545] 30/8/2018 12:18

Must have been a limit order that one.

Nobody could have been that quick. The bid lasted about 10 seconds

[jimduggen] 30/8/2018 12:15

Until the big sell on nex

[tomboyb] 30/8/2018 12:05

Could be on a breakout above 1p -

[tomboyb] 30/8/2018 11:11

Rakesh Kirpalani, Group Finance Director, commented, "We are delighted to have secured agreement to carry out a partial purchase of the existing Loan Notes. The Group had outstanding loan notes amounting to £3.2 million in October 2016 and it is pleasing that the Group's trading has enabled the outstanding loan notes to be reduced to the present £1.5 million. As a result, the Company is in a stronger financial position, improving its balance sheet and reducing its ongoing financing costs."

£3.2mill outstanding to £1.5mill -

Results out anytime -

[tomboyb] 30/8/2018 08:06

Morning -

A hint of TOOPLE volume here will make a huge difference -

Tiddlers are fighting back after a long Lul -

[battlebus2] 29/8/2018 19:02

You’re going to get swings like this including intraday. This morning I could sell 1 million but by afternoon it was 200k. Similar on the buy front. It’s all part of the game but won’t stop the shares rising over time if trading continues as we expect.

[tomboyb] 29/8/2018 15:56

BREXIT deal?

[jimduggen] 29/8/2018 14:37

Mms extremely short of stock

[jimduggen] 29/8/2018 12:56

Mm shake.

Not working

STRONG BUY

[cyberbub] 29/8/2018 11:46

Battlebus thanks for the comments.

[battlebus2] 29/8/2018 11:08

I can sell 1 million at 0.8

[dave4545] 29/8/2018 11:02

15% down and still no trade.

Possibly trying it on as 150k max buy at 0.9p online

[dave4545] 29/8/2018 10:02

Down on no trade unless a delayed one shows.

Abysmal online spread of 0.806-0.97p atm, mm's doing what they can to kill it off
and hopefully for them get any sellers at the much lower level

[tomboyb] 29/8/2018 09:13

Trading when it went to 3p+ was certainly not as good as now at 1.0p -

As with TOOPLE anything is possible on AIM -

[gipps] 29/8/2018 09:02

With all this going on why did they spike recently to 3p and then drop back ?

[battlebus2] 29/8/2018 08:45

Hi Cyberbub always good to hear others points of view. I’m not saying this is a stonking buy but to me it’s certainly undervalued. M cap currently 3.4 millions with a P/E of 6.92, yes there are loan notes but they’re showing the ability to pay these down which is a big positive for me. Balance sheet looks fine to me,intangibles not over stretched to me. Cash flow is up. They’re also saving on debt payments and making on office finance, reducing headcount will also help but it’s the potential for growth and some of that will come from underperforming areas like at R.K. which returned to growth in H2 17. As ever this is a long term play especially given the spread, accordingly my workings are based on that were I’m targeting 1.85p or a market cap of 6.2 millions. This isn’t guaranteed and will take that growth to continue but my expectations were set low so it’s all highly possible.At the same time we get growth the liabilities will fall. All down to a strong team and with Liam Humphreys M.D. I’ve a lot of faith. They say trading is ahead of budget so all is going to plan. Not for everyone this but at today’s price I’m happy to take that chance. Invested at a similar stage in HYDG after they bought Argyle Scott and subsequently the shares have recently doubled. DYOR ETC as ever.

[dave4545] 29/8/2018 07:43

Guess all will be revealed in results in September.

"it is pleasing that the group's trading"

That line in the note reduction Rns was the hint we liked, does it mean maintained profits of £400k are forecast for the year or is the business going to announce a much stronger half year than normal as the second half is usually much better than the first ?

[cufes2] 29/8/2018 07:20

Rather than an ad hominem attack on the poster you could provide a cogent counter argument . . .