Kelso Share Discussion Threads

[davidosh] 25/9/2023 08:31

They have made a decent investment into The Works WRKS and already up 20% on it. That is their second investment so a good move as too dependent on The Hut Group otherwise

[onjohn] 14/9/2023 19:18

How is it going to pay margin on the cfd?

[kenbos] 14/9/2023 11:26

Reduction in price is probably due to what is happening at thg

[a2584728] 10/8/2023 13:05

The BOD are always on the look out for further investments. In the interim I expect to see a further investment in THG

[kenbos] 04/8/2023 08:23

Kelso have a good investment in thg but what else have they ? I'm starting to do a bit of research with a view to investing a small amount

[a2584728] 20/7/2023 10:43

Mr Goold et Al clearly have a lot of confidence in where the share price is heading

[bookbroker] 13/7/2023 07:41

Nice T/S by THG, is this company representing the aforementioned operation by means of a mouthpiece.

[melloteam] 17/5/2023 13:17

Just to let shareholders and prospective investors know that Kelso will be presenting & exhibiting on the 23rd of May next week at Mello2023.

We have created a two day physical investor conference (23rd & 24th May) at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

[andymunchkin] 12/5/2023 13:29

nOtbAd canTis dO nO1????

[onjohn] 12/5/2023 08:11

How is it going to pay margin on the cfd?

[andymunchkin] 04/5/2023 15:27

A2584728s ramping wenT intOOdeep buTT sTill iTs cOllapSIng.heIs a disgrace tOO pump&dUmp merchaants

[rimau1] 21/4/2023 08:12

Good call A2, we are both right it seems

[a2584728] 18/4/2023 15:36

And there are rumours of a new investment being made in the near term

[rimau1] 17/4/2023 16:07

I don’t think they will be placing new shares at 2.5p to raise funds now.

[a2584728] 17/4/2023 11:32

THG should see share price to 10p

[billy ray] 30/3/2023 16:27

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’;s high equity holding (~20%, so ‘owner’s eye’ / alignment with shareholders) and its decision not to take salaries (I like frugality in 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

[dave4545] 30/3/2023 10:00

babbler is right

Why buy a penny stock that needs a huge % rise just to get into break even on the back of what THG does when you can just buy THG itself on a spread of less than 0.5% all the time.

Here you probably need a 50% rise just to make 10% profit think about it

[billy ray] 30/3/2023 09:49

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...

[a2584728] 30/3/2023 09:22

Billy I think you will be well ahead of the game come September

[billy ray] 30/3/2023 09:05

Frustrating to have topped-up just yesterday...
But added a few more this morning at 2.78p.
Heavily under-water here (my fault for jumping in at the wrong time) but I'm comfortable with the both KLSO's BOD's strategy and prospects for THG.

[a2584728] 30/3/2023 08:51

Because they would have to raise millions and pay vastly over the share price Make an investment here with cash and then wait for it to multi bag and then either increase your investment or move on.

[babbler] 30/3/2023 08:31

"Premium" placing. Got to laugh...why not just buy THG direct yourselves? Strange one.