Kellan Group Share Discussion Threads

[gipps] 14/2/2011 07:31

Thanks wallywoo i hope you are right mine owe me a lot more than that so will sit tight for long time i think.

[wallywoo] 10/2/2011 10:04

Still holding gipps, even bgt some more at 2p. share price now moving on small volume since yesterdays 5M buy has left very little stock to pick up.

Have always thought that this one is unlikely to go bust (with Directors owning 30-40%) and will some day be worth 10p+. May not be far away now.

[gipps] 10/2/2011 09:14

Think the results are out later this month anyone else out there still holding these.

[addict] 17/1/2011 14:47

Where are all the shares going?Two major holders selling down yet the share price trades higher.Something going on here,methinks.

[addict] 14/1/2011 14:34

Top of the leaderboard.

[gipps] 14/1/2011 13:42

Probably a management buy out before the recovery !!!!

[wallywoo] 14/1/2011 13:30

hmm up over 50% today. Dead cat bounce or time for the recovery?

[addict] 07/1/2011 09:44

Looks like someone took the opportunity to off-load over 800k shares.Will be interesting to see if there has been some director buying today.Could create some interest in the old dog yet...

[addict] 07/1/2011 08:47

Is this coming back from the dead?Sector seems to be improving slowly.Maybe all is not lost here...talk of an mbo in the distant past.DYOR

[victor2] 19/11/2010 08:25

good news merchant secs appointed adviser, a good up and coming nomad and broker will help this company going in the right direction.

[sper] 12/11/2010 15:32

All those transactions and all we have seen is, the price drop a little

have you been pre-mature?

[pre] 11/11/2010 14:46

nice...someone snapped up another 250K.....

[pre] 10/11/2010 20:32

nice finish...more to come tomorrow....can't believe how cheap these are...

[pre] 10/11/2010 12:41

133K buy at full ask 2.25 gone through on plus....

[pre] 10/11/2010 11:34

true spread 2-2.25 here...

[pre] 10/11/2010 11:15

we shall see....the share price crashes and you call that a P&D...lol!! The mkt cap is way too low here...plenty of upside from here imo:0-))

[pre] 10/11/2010 10:52

D6 have you go some as does look a very interesting play from here:

double6 - 9 Nov'10 - 16:11 - 83 of 95


Soaking up loads of buys....

[pre] 10/11/2010 10:51

looks like the outlook across key mkts improving....distressed seller gone imo and now buying will just move this further up....mkt cap way too low imo, dyor etc:-)

[pre] 10/11/2010 10:49

extract from latest interims at end of sept 2010:

Chief Executive Officer's statement

Summary

Following a tough trading climate in 2009, improving macro economic signs as we
entered 2010 together with feedback from our clients indicate we are at the
early stages of a recovery in the recruitment cycle. However the majority of our
clients continue to be cautious in terms of staff investments making it
difficult to predict how this recovery will impact the traditional cycles of
temporary and permanent recruitment. As a result forward visibility remains low
and demand unpredictable.

We continue to focus on the core principles of our strategy, investing in key
brands and selected specialisms where we act as a trusted advisor to our clients
and candidates thereby enabling us to clearly differentiate from our competitors
by the service we offer. Our investment in experienced consultants passionate to
execute this strategy continues with staff numbers increasing to 188 and further
investments identified as we enter the second half of the year.

We have great opportunities to increase market share in existing geographies as
well as leverage our office infrastructure to develop existing specialisms in
new geographies. With 28% of Net Fee Income ("NFI"; being revenue less the cost
of wages and fees paid to temporary workers and contractors) derived from
offices in London & South East we are looking to expand our focus in this area.
In line with this strategy Quantica IT opened a business in our existing London
office during the first half of 2010 focusing on the Banking and Finance markets
and RK Search and Selection opened a business focusing on procurement and
logistics.

With permanent fee income representing 68% of group NFI we are looking to grow
our temporary and contract lines of business at a faster pace than our permanent
business so we can move the balance towards 50/50. We believe a more balanced
income stream will better protect the group against the impact of economic
cycles. With this in mind staff investment has been predominantly in temporary
and contract fee earners.

Our overheads remain well controlled with a focus on working with suppliers to
maximise value for money from all expenditure. As is inevitable with the group
reducing headcount from over 300 in the first half of 2009 to below 180 in late
2009 we continue to carry office space in excess of requirements. Where it is
unlikely this space will be filled in the near term we continue to look to exit
from those properties in the most cost effective manner.

In June I was delighted to team up again with John Melbourne who joined the
Group as CFO. John is one of the most talented finance executives working within
the recruitment industry and in joining Kellan Group, John has shown just how
highly regarded the business is and the strength of our strategy. His track
record in acquisitions and expanding companies is exemplary, and I am confident
that he will be an invaluable addition to the team.

As the outlook across our key markets improves we continue to invest in our
people and strengthen our management team so the business is best positioned to
capitalise on the opportunities increasingly present in our markets.

[pre] 10/11/2010 10:46

Half year interim report 2010

Highlights

Financial summary


� Sequential improvement in both Revenue and NFI of 3% from H2-2009

� Revenue of GBP14.4m to 30 June 2010 (June 2009: GBP15.2m) and a loss for
the period of GBP0.7m (June 2009: loss GBP3.2m)

� Administrative expenses excluding amortisation, onerous leases and
restructuring costs of GBP6.4m, 21.9% below H1-09 and 2.8% down on H2-09

� Adjusted EBITA Loss of GBP0.2m (June 2009: Loss GBP1.6m) with the second
quarter 2010 seeing business break even

� Basic Loss per Share of 0.8p (June 2009: Loss 3.7p)

� Cash out flow from operating activities GBP0.2m showing sequential
improvement quarter on quarter (June 2009 GBP1.0m)


Operational highlights

� Seeing early stages of the recovery in key markets

� Berkeley Scott our speciality hospitality business seeing strong recovery
in chef and temporary markets

� RK Accountancy permanent placement business recovering more rapidly than
the temporary placement business. Introduced new line of business focusing on
qualified finance staff in 3 locations.

� Quantica Technology executing plan of organic growth opening a business
in London

� Fee earner levels increasing with total staff numbers increasing from 180
to 188 year on year

� Continued focus on consolidation and cost base rationalisation with like
for like costs decreasing sequentially despite investment in additional staff

� New CFO appointed at the beginning of June

[phatfinga] 10/11/2010 10:38

PRE, FFS will you stop ramping this share everywhere!!!!!!

pre - 10 Nov'10 - 09:46 - 15965 of 15993


folks done't miss the boat on TSEG and KLN too....dyor etc and well done here:-)

[pre] 10/11/2010 10:15

Half year interim report 2010

Highlights

Financial summary


� Sequential improvement in both Revenue and NFI of 3% from H2-2009

� Revenue of GBP14.4m to 30 June 2010 (June 2009: GBP15.2m) and a loss for
the period of GBP0.7m (June 2009: loss GBP3.2m)

� Administrative expenses excluding amortisation, onerous leases and
restructuring costs of GBP6.4m, 21.9% below H1-09 and 2.8% down on H2-09

� Adjusted EBITA Loss of GBP0.2m (June 2009: Loss GBP1.6m) with the second
quarter 2010 seeing business break even

� Basic Loss per Share of 0.8p (June 2009: Loss 3.7p)

� Cash out flow from operating activities GBP0.2m showing sequential
improvement quarter on quarter (June 2009 GBP1.0m)


Operational highlights

� Seeing early stages of the recovery in key markets

� Berkeley Scott our speciality hospitality business seeing strong recovery
in chef and temporary markets

� RK Accountancy permanent placement business recovering more rapidly than
the temporary placement business. Introduced new line of business focusing on
qualified finance staff in 3 locations.

� Quantica Technology executing plan of organic growth opening a business
in London

� Fee earner levels increasing with total staff numbers increasing from 180
to 188 year on year

� Continued focus on consolidation and cost base rationalisation with like
for like costs decreasing sequentially despite investment in additional staff

� New CFO appointed at the beginning of June

[nofool] 10/11/2010 09:50

Sorry, new here. What do KLN do exactly and is it a Buy??