Keywords Studios Share Discussion Threads

[modform] 16/5/2016 18:59

The story is slowly unfolding, buy it, sleep on it.

[cfro] 16/5/2016 18:21

Yes, thanks rivaldo for the interesting news re Microsoft.

Chart is looking poised here.

[interceptor2] 16/5/2016 17:44

Decided to buy a few more here today, one reason was the Microsoft news, so thanks again to eagle eyed rivaldo :o) But also volume was much higher than normal, which might bode well for a new breakout over 274p?

[saucepan] 16/5/2016 09:44

market cottoning on now?

[horneblower] 16/5/2016 09:17

I liked the chart so much I bought the company...well 1,500 shares, anyway.

[interceptor2] 16/5/2016 08:24

Thank you for sharing rivaldo, information well worth knowing.

[saucepan] 16/5/2016 08:10

nice one, rivaldo; well spotted.

[interceptor2] 13/5/2016 10:18

Holding RNS released



Now we know where some of the institutional demand was.

River and Mercantile increased from 555k to 2.7m and now 5.01%, if you look at their website 5% is a high percentage holding for this fund of small UK small caps.

Certainly seems to have been demand for shares from institutional investors imo.

[nurdin] 13/5/2016 09:05

PEQ and Andrew Day still hold 14.2% and 7.2% respectively,which still are substantial holdings.I am all for improved liquidity !

[shanklin] 12/5/2016 15:57

Blimey, these directors are massively quick off the mark in selling down their holdings compared with those at ACSO. A skeptic would think they don't believe in their business model.

[rivaldo] 12/5/2016 15:43

Agreed. RNS now out - the sale's gone through at 240p, so only a 4% or discount or so.

ACSO did a similar placing from founders/directors recently at 950p. The share price is now almost 1200p.....

[nurdin] 12/5/2016 12:06

No adverse reaction from the market so far, which bodes well imo.

[interceptor2] 12/5/2016 11:47

Positive development imo.

When the share list is looked at there are no institutional holders declared over 3%, only Giorgio Guastallo non ex founder holds 20% and Andrew Day CEO holding 9% are major holders. After book building exercise their holdings are still 14.8% and 7.2% respectively.

Sometimes I view statements that say "to satisfy institutional demand" a little cynically, but KWS could do with widening the share base and they are a little illiquid, so difficult for any larger buyer to build a decent holding on the open market.

Edit... HARGREAVE HALE LIMITED are over 5%, I think my info was out of date.

[rivaldo] 03/5/2016 08:07

Good news today. The new credit facility means an increased likelihood of further acquisitions - as flagged by the CEO in his comments:



"Andrew Day, Chief Executive of Keywords, commented:

"We are pleased to have further strengthened our relationship with Barclays and the introduction of this long term credit facility provides the Group with additional flexibility in the financing of acquisitions and the Group as a whole."

[horneblower] 19/4/2016 00:07

bamboo2,
It's an interesting chart.
I think 320p to 350p is likely.

[rivaldo] 18/4/2016 23:06

Hargreave Hale and their clients have added just 160,000 shares since early December, so it's been a slow and steady accumulation....perhaps loose stock really is that hard to find here :o))

[bamboo2] 18/4/2016 21:55

horneblower, taking profit doesn't seem so sensible now!
I was concerned by the recent gap just above 230.

[cfro] 18/4/2016 18:20

Yes, good to see the insti's buying. As Saucepan above says the insti's can't build their positions over-night....

[nurdin] 18/4/2016 16:14

Hargreaves Hales adding :o)

[saucepan] 18/4/2016 15:20

Serious momentum here. Institutions cannot build their positions overnight. This was already quite a story, but the latest acquisition is also something of a 'game changer'.

[horneblower] 18/4/2016 08:55

Very sensible.
The chart is suggesting £3 imo.

[bamboo2] 18/4/2016 08:44

Took profit. Nearly 20% in two weeks too hard to resist.

[nurdin] 15/4/2016 13:45

Thanks Riv.Trading on a PEG of just 0.5 for the current year which is pretty cheap.