Kin And Carta Share Discussion Threads

[km18] 17/8/2023 15:16

Kin and Carta plc issued a trading update covering the year ending 31st July 2023. Net revenue for Q4 was c. £48 million and in line with expectations and at the middle of the Company's projected range for the period. Q4 reflects a second quarter of sequential net revenue growth before and after acquisition effects. Net revenue growth for FY23 is expected to be flat over FY22 at c. £192 million, also in line with expectations. FY23 adjusted operating profit is expected to be £17.9 - £18.4 million, 10.5% - 14.0% ahead of market expectations, reflecting a realigned operating model with a lower cost base and improved operational efficiencies. The balance sheet remains healthy with net debt around £20 million. Valuation is attractive with forward PE ratio at 9.1x. Some share price momentum is lacking, although today’s release has triggered a 20%+ share price spike which suggests that this may be about to change. BUY...

...from WealthOracle

[prokartace] 17/8/2023 14:56

LOL now I am only 50% down!

[encarter] 26/5/2023 07:53

Funny how the market knew all about their troubles before they announced them. Is the bad news already priced in? I doubt it.

[bookbroker] 26/5/2023 07:51

A large paper loss should you have bought in late 2021, seems they are quite dependent on UK public sector work, not a good market if you ask me.

[bookbroker] 26/5/2023 07:47

J. Schwan?

[mortal1ty] 26/5/2023 07:44

Still seeing the washout today from the previous CEOs era. Who remember the time he sold almost all his holding (at the top) after doing numerous acquisitions. Claimed he wanted to 'diversify'. Lol

[hamhamham1] 27/4/2023 18:14

Sold today at 78.
Second thoughts.

[hamhamham1] 18/4/2023 13:31

Bought in today in low 70s

[encarter] 18/4/2023 12:37

Seller finished. MM's have lots of stock at higher prices so will walk the so back sharpish.

[prokartace] 18/4/2023 12:31

Buy recommendation?

[batham1] 29/3/2023 16:03

I meant appropriate not appreciate

[batham1] 29/3/2023 16:02

Pound sign appears as question mark for some reason. Seems appreciate though

[batham1] 29/3/2023 16:00

...and they are still leaving. I held SIV a long time ago and wondered about getting back in at £1 which looked decent value. Perhaps 80p...or lower?

[encarter] 15/3/2023 15:11

And then out again.

[diku] 15/3/2023 08:47

Buyers coming in?...

[diku] 01/3/2023 14:51

Are these into Clouds?...companies like these need to be taken over by Telcos...

[bookbroker] 28/2/2023 11:57

What the eck goin on here, now then , now then!!

[pugugly] 24/2/2023 11:31

How certain is the valuation ascribed to intangible assets? Always an area of opinion - as are tangible ones until a buyer appears. Views?

[diku] 24/2/2023 09:33

Think some of those on the sell side on ADVFN are buys...

[prokartace] 24/2/2023 09:03

A bit premature have bought at 140p now

[pugugly] 24/2/2023 08:15

prokartace - With hindsight very good decision - Could now buy back at 152 but after TU update possible caution?

[prokartace] 21/2/2023 15:48

Turned out to be the right decision. Unloved coming up to the half year figures on 15th March. I am going to buy back my holding here 185p and see what happens

[prokartace] 25/11/2022 14:45

Ok, just in case anyone is interested I have sold at £2.50. Not so cheap here in my opinion

[sphere25] 11/11/2022 15:26

Had a few here, trying to play this breakout higher. You can see the move from the chart. Price is currently 237p but they have been coming in to buy in size here at 235p so looking for some upward momentum and a possible breakout through 240p on the recent bullishness in the market.

It is feeding through into all kinds of bounces out there so with this buying, perhaps it will feed through here for a short term trade.

It really needs to clear 240p though or it will likely be a fail this one. Lumpy one this, it can move really sharp on nothing volume so have to monitor the trade carefully.

Stop under 232p based on the short term chart, with it being watched rather than a physical one, so not stopped out on a gap on a quiet morning as the book sorts itself out.

All imo
DYOR