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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Kelso Group Holdings Plc | KLSO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.80 | 16:35:09 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.86 | 2.86 | 2.86 | 2.80 | 2.80 |
| Industry Sector |
|---|
| CONSTRUCTION & MATERIALS |
| Top Posts |
|---|
Posted at 30/3/2023 15:27 by billy ray Dave,I had THG on my watchlist and then KLSO came to my attention in January after the announcement of its initial 5m purchase of THG shares. What interested me about KLSO was: >The quality / track record of the BOD >Management’ >KLSO is looking at all undervalued stocks on the London market – to date, it happens to have only taken a position in THG but that doesn’t stop it taking positions and becoming activist investors in other companies in future. So I’ll admit it was a bit of coin toss for me between KLSO and THG but I ultimately decided to buy KLSO as I like the idea of owning a company run by activist investors with strong track records in the City, and also that the focus wouldn’t necessarily just be on one stock, which added diversification from simply buying THG. Buying KLSO is the riskier / more speculative play, IMO, as management’s full strategy is not yet apparent but I’m happy to trust the BOD to act in shareholders’ interests. With regards to the spread, this did put me off somewhat initially – I think when I first looked at KLSO, the spread was around 40%! But, as KLSO becomes a larger, more valuable company, the spread should narrow. For now, I’m not looking to sell any (so the spread doesn’t really bother me) and I’m happy to simply add shares and sit back for a few years and see what the BOD can achieve. Only in a few years’ time will I know whether the decision I’ve made is the correct one by comparing the relative increases in both KLSO’s and THG’s share prices over that time period. But, at a minimum, if THG does well (which I think it will) then KLSO will also do well so my less than ideal entry price* shouldn’t matter too much (hopefully). *I added a few more this afternoon, so my average is now 5.1p |
Posted at 30/3/2023 08:49 by billy ray A2584728, let's hope so!I have a habit of generally being a bit too eager in my share purchases which is something I must try to improve on (suffered a bit of FOMO on KLSO, hence my purchase in the 7's back in Feb) But, as you say, give it a few months and hopefully the share price will be significantly north of where it is today. Nice to see THG up 7% this morning... |
Posted at 29/3/2023 14:45 by billy ray My quick calcs (@THG share price 64p):Value of KLSO's 5m shares in THG: £3.2M Current Mcap of KLSO (198M shares @3.5p): £6.93M So still a premium but one worth paying IMO considering the quality of KLSO management who wouldn't waste their own time and money if they didn't see considerable value in THG (IMO). I've added a few more today also. Unfortunately, I was 'spiked' back at 7p, but managed to get my average down to around 5.6p - not great, but hopefully will do OK over the medium term. |
Posted at 22/3/2023 12:42 by billy ray Well, I've been adding to KLSO over the last couple of days.THG now up nearly 30% from its lows over the last 3 days and KLSO has hardly budged, so KLSO is the obvious play IMO. Just need to sit back now and wait for the (hopefully) positive THG/KLSO newsflow over the coming weeks / months. With all these activist investors getting involved in THG (and not just KLSO) there's clearly something afoot. The market seems totally focused on THG... but will eventually wake up to KLSO too IMO. |
Posted at 03/3/2023 12:15 by intoodeep Strange how thg on roll now but klso going backwards? |
Posted at 22/2/2023 12:37 by a2584728 Agree. Think KLSO could be quite a star moving forwards. I shall add a few to my holding as things develop |
Posted at 09/2/2023 14:47 by a2584728 I understand there is a note out on THG that values the KLSO investment pro rata at 28p. PS Nice start. Would be nice to see a further investment soon. |
Posted at 05/12/2022 09:55 by intoodeep KLSO Share Price £0.083KLSO Shares in Issue 48,000,000 KLSO Market Cap £3,960,000 |
Posted at 05/12/2022 09:46 by intoodeep Still no real enterprise value in the price (yet)KLSO Share Price £0.078 KLSO Shares in Issue 48,000,000 KLSO Market Cap £3,720,000 |
Posted at 05/12/2022 09:35 by intoodeep KLSO Share Bid Price £0.055KLSO Shares in Issue 48,000,000 KLSO Market Cap £2,640,000 Looks cheap? |
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