Keywords Studios Share Discussion Threads

[alibx11] 15/5/2020 09:14

10% is a hell of a dilution given the Sp and the PE Ratio.

[steeplejack] 15/5/2020 08:27

A 1 for 10 placing.Not necessarily the most propitious market environment to raise money but the fact that the placing has been done at a not overly large discount emphasises that there's belief in the KWS growth model.Encouraging.

[ali47fish] 14/5/2020 18:02

placing announced

[ali47fish] 01/5/2020 13:25

thanks rivaldo except it's not always obvious which source if you have a method as you semm to often have please tell me more and i am very grateful!

[rivaldo] 30/4/2020 06:46

Ali47fish, my post from Monday noting that I'd sold stated that the figures came from the latest Edison research note, which is publically available for free.

They've reduced their forecast quite heavily, which is why the P/E is now around 46.

You should always go direct to the source - NEVER rely on info gathering web sites, because they will usually be wrong, or misrepresent the numbers, or be out of date, or all of the above!

[joshgroeny] 29/4/2020 22:35

I'll buy back in lower down. It'll surely happen, but it might be via £18!

[ali47fish] 29/4/2020 18:01

rivaldo where do you get 46- sharecast has 35 for 2020 and 26 for 2021-
hxxps://www.sharecast.com/equity/Keywords_Studios

Is anyone subscribed here to tech invest please and if so what do they say?

[scooper72] 29/4/2020 16:14

When you say comfortable with it below 1450 as a long term hold - do you mean picking up stock once it drops below that level?

[scooper72] 29/4/2020 16:04

I've joined u guys. Sold my stake and kept the profit invested.

[scooper72] 29/4/2020 15:57

Yep. Can't win them all. Glad I didn't take my little profit this morning. Now as always in these times have to decide whether to hang on in there or at least stick in a stop loss. The markets are getting increasingly excited over last few days. At the moment I am just drip feeding the last of my cash in since about 4 weeks ago. Have a little left to go. Problem will then be I can't take advantage of the next drop.

[joshgroeny] 29/4/2020 15:55

I'm out now too.. At this stage I'm more comfortable with this below 1450 as a long-term hold.

[rivaldo] 29/4/2020 15:38

Looks like I was a bit premature! Now on a P/E of 46....phew.

[scooper72] 29/4/2020 11:03

Anyone else wondering if this is going to struggle to get over 1600p in current climate?

[scooper72] 27/4/2020 15:19

Some interesting ideas there. One of them up 20 percent earlier today. It is difficult in the current climate. Prices are bouncing all over the shop. I've got a v small holding in SDI Group, glad it was small cuz they have dropped quite a way down from 90p before the lock down.

[rivaldo] 27/4/2020 13:35

Hi bamboo2, too soon to say! Maybe some CAPD, MWE and/or VLG. I've recently added a few in SDI and RNWH, and invested in REAT - which could be a multibagger given its tiddler status. I also topped up ODX and AVCT which have since absolutely surged.

Scooper72, it's Edison who've heavily reduced their forecasts, but they wouldn't have done this without some informal "guidance" from the company.

[bamboo2] 27/4/2020 13:00

Hi Rivaldo, Where will you invest the proceeds?
gla

[scooper72] 27/4/2020 12:37

Thanks Rivaldo for your thoughts. When u say 'their' do u mean the company's or the research outfit?And on the better opportunities out there - at least in the same market - the other options aren't so cheap either. TM17 has only just gone and got more expensive.

[rivaldo] 27/4/2020 11:19

I've sold out over today and last week.

As per the latest Edison note, 40% of revenues have been disrupted due to COVID-19.

They've heavily reduced their forecasts. For this year to 31/12/20 they now estimate 41c EPS, i.e only around 35p EPS.

That's a P/E of 42....

I don't mind paying a premium for a quality business like KWS, but the risk/reward here has swung much too far. I can't see much upside here for a while to come, but I can see substantial downside if H1 trading and numbers in updates come as a surprise to the markets.

Of course long-term KWS should be great, and I will hopefully return at some point, but there are many other better opportunities out there without the risk and with more reward.

KWS was one of my larger holdings, and has been a great ride from 140p or so. Good luck to all still here.

[scooper72] 21/4/2020 09:13

Or now might be even better...I'm probably going to buy about 50 to 70 shares when it drops every few percent if it continues to retrace.

[scooper72] 20/4/2020 09:52

This does jump around. I guess it always has. Interested to know what price others start accumulating from.

[rivaldo] 16/4/2020 08:46

Liberum retain their Buy and 1860p target:

[rivaldo] 16/4/2020 07:53

Yep, good results bang on the mark as expected.

Trading nicely in line to the end of February. Since then a balance between increased demand for "many" of KWS' services due to the lockdown, plus "stronger demand from a fuller release schedule", against "some operational disruption" due to COVID-19.

Above all, demand for KWS' services is only going to grow, and the lockdown will accelerate that underlying trend.

[togglebrush] 16/4/2020 07:20

Results look very reasonable on first reading.

There is no dividend, which historically has been very small, and in current circumstances is understandable.