Kin And Carta Share Discussion Threads

[walbrock82] 15/10/2018 11:06

After disposing of their less valuable assets, Kin and Carta appear ready for a recovery. Debt is down to £40m from £80m and pension deficits got eliminated should support equity valuation. But, I believe this should be a speculative purchase given their past disappointment. I recommend investing in this company with a margin of safety in mind. So, a target valuation of under £100m worth the risk and reward. To read more, here the link

[bookbroker] 11/10/2018 12:50

Added this stock now St Ives no more, and the somewhat contentiously re-named Kin and Carta replacing the aforementioned. Found it bizarre that the stock marked down initially on the basis of being reborn in another guise, and now even more surprised that this has continued despite fair results distorted by exceptionals relating to the original business, and goodwill relating to Hive. But feel more prudent to focus on the future, which looks increasingly bright in the digital arena, just got to hope that investors view J. Schwan in the same light eventually!