Keystone Law Share Discussion Threads

[nimbo1] 08/5/2018 09:13

Traders can use level 2. Institutional investors have Level 3 which shows the most detail.

[bristolwest] 04/5/2018 10:31

Interesting Nimbo1 as
that explains things a bit, I'm sure that a lot of punters don't realise that. Out of interest how do traders get to see the real picture as it happens so that they can evaluate and make decisions?

[nimbo1] 04/5/2018 10:07

Bristolwest you should read a book on how the market works. I don’t mean to be patronising at all but it’s inportant to have an understanding of the mechanics before risking your hard earned cash. Fact - whether or not you can see a trade on the HL website every sell in the market is met with a buy. Demand and supply of stock moves the price. As a pi your access to information is terrible so don’t worry about trying to match trades. It is a waste of time. Trades can take place through a variety of methods and different exchanges depending on the listings (broker to broker, AT, OT, dark pools etc). you’ll never see all of them on HL as they happen. They might be printed at some point on HL but they could be T+3-5 which means you’ll never match them.

[bristolwest] 04/5/2018 08:12

I'm new to this website and I'm not keen as it keeps prompting you to pay £18 or so, I do like the chat here though as it's quite active.

[bristolwest] 04/5/2018 08:07

Hmm, I can see that £14 million were old late on Weds but I'm not seeing the corresponding buys. I'm looking on the HL website.

[nimbo1] 03/5/2018 18:47

What do you mean? There was a sell and there was therefore a buy (the volume of buys and sells is the same - it’s the demand on either side which drives the price) - we just don’t know who yet bought them yet. Think of it like this. Selling to meet demand from an instituation is a positive, so the price went up...

[bristolwest] 03/5/2018 18:04

I see, the odd thing is though that even with several million shares being sold that the share price movement today doesn't seem to reflect it.

[nimbo1] 03/5/2018 09:51

Director sells aren't bad when he owned 35%+ of the company and they were sold to meet institutional demand. Look at Fevertree and Blue Prism - as the value rerates it will happen all the way up assuming the business grows as expected.

[bristolwest] 03/5/2018 09:30

Hi there I've just joined Advin. I've been looking at KEYS since before it launched but not dipped in yet. What's the story with the director sell offs yesterday then and how does that relate to the share price rising sharply today I wonder??

[wingrove4] 03/5/2018 09:15

This is doing very nicely at the moment

[hydrus] 30/4/2018 16:15

Yes not my greatest timed exit either - you have to act in accordance with your own judgement though. Certainly can't always be right.

[quant_investor] 30/4/2018 16:12

Not the most timely exit Nurdin, though I’m seeing W7L make a similar rise after my exit last week. Still lost opportunities only exist in the mind and leave no trace on the Portfolio thankfully.

These shares are pretty expensive now no doubt due to the disruptive nature of the business. Hopefully the forecasts have been purposely cautious and leave scope for further upgrades.

Newsflow from GOR overdue...

[nimbo1] 29/4/2018 07:08

I suspect this is just getting started.

I know several high flying lawyers in their 30's - none of them really like their jobs as they are stressful, time is not your own and some of the people at the top aren't pleasant to work for.

Offer a lawyer the potential to earn more money, on their own time sheet, without having to commute into the city or chancery lane and you have something very attractive.

With the profile raising IPO I bet they are now inundated with applications and therefore this could grow very quickly.

Risks are there as you've identified of course.

[nurdin] 25/4/2018 08:06

I have sold too for the same reason Hydrus

[hydrus] 25/4/2018 08:05

I decided to sell - I was hoping for a little bit more re growth (it's pretty good but on a high rating) and with the potential IR35 issue I felt the multiple was too high to warrant sticking with these. Will keep watching though.

[nickjoseph] 25/4/2018 08:05

Good results. Should see some broker upgrade soon ...hopefully. Still holding and may buy more on any dip

[nurdin] 25/4/2018 08:01

cheers...I asked because the results are below consensus

[hydrus] 25/4/2018 07:57

Yes they were revised upwards from 6.4p EPS

[nurdin] 25/4/2018 07:36

I wonder if the brokers forecasts were adjusted after their 'ahead' statement.

[nurdin] 24/4/2018 18:02

Sounds a sensible strategy

[hydrus] 24/4/2018 17:59

I reduced my position here a while ago as a result of that risk. It may affect them but I decided to live with that risk but at a lower investment level.

[nurdin] 24/4/2018 17:51

ok thanks jonwig and Hydrus.Results tomorrow should be interesting.

Are any of your companies affected by IR35? I know KEYS model is different and leaves them more susceptible to the regulation than any other law firm but they have been operating since 2002 and HMRC have left them alone so far...would be interested in yours, or anybody else's thoughts for that matter, on the subject..

[hydrus] 24/4/2018 17:48

I'm here still - tomorrow should be interesting we already know they've been doing well but how well is the question.

[jonwig] 24/4/2018 17:35

Looks like it, nurdin! Doing well, anyway.

I already had the first two firms (GTLY, GOR) so didn't buy these. A fourth is coming to market soon, Rosenblatt.

[nurdin] 24/4/2018 17:31

Am I the only one left here?No comment from others for nearly 2 months!