Kcom Share Discussion Threads

[lord gnome] 08/12/2017 15:50

I'm out while I still have a profit. I can see this going sub 90p. No good having a 6%+ yield if you lose twice that in capital value. Other fish to fry. Good luck to you all.

[yamba] 06/12/2017 15:54

I like the collaborative approach they seem to take to activism...often more is achieved gently than aggressively because the BOD are often less defensive and more open to constructive suggestions I would hope

[toffeeman] 06/12/2017 12:13

Teleios Capital increased stake from 4 to 6%

The other major holders look pretty sane.

They presumably have this as an income stock.

I last bought at 90 and sold at 100

and before that bought at 98 and sold at 112

So looking for a reentry at 96ish - maybe lower

[phillis] 28/11/2017 15:30

Sept Q
Pension funds dont buy companies

[dealit] 28/11/2017 14:26

"Skinny" Broker forecasts mean S--- all IMHO.

[grahamburn] 28/11/2017 11:45

Repeating the "Risks and Uncertainties" part of the results is not especially helpful or relevant. The relatively new requirement for all companies to list these baffles me, as companies effectively have to list what might happen if the "end of business as we know it" happened.

If one followed through on the "Risks and Uncertainties" in the reports of every
company in which one held shares the result would be......

...... one wouldn't hold shares in any of them.

Try it!

However, it is true that today's statement is hardly scintillating, though analysts still seem to be relaxed about the company's future - and share price performance (re: last post).

[skinny] 28/11/2017 10:56

Peel Hunt Buy 97.25 150.00 150.00 Reiterates

finnCap Corporate 97.25 130.00 120.00 Reiterates

[septimus quaid] 28/11/2017 10:54

Hmmm, the dividend cover is starting to look a bit thin.

The risk is, with shrinking profits, div cover might drop below unity.

Suppose there's always the possibility of a takeover. Maybe a pension fund, somebody who's happy to sacrifice growth for a steady income.

[skinny] 28/11/2017 08:53

Hmmmm.

Principal risks and uncertainties

The Group has a number of risks and uncertainties which have been identified through the risk management framework. The risks set out below could have a material adverse impact on the Group:

· growing revenue in our Enterprise segment to offset the decline of network-based revenue - revenue from legacy activities may decline faster than the revenue from new services grows;

· substitute technologies entering the consumer market - the development of substitute technologies without the need for a fixed line could present a competitive threat within the consumer part of our business;

· upgrading of our network equipment - our equipment requires upgrading as demand for broadband and cloud-based services increases;

· accuracy, security and confidentiality of customer data - security of customer data is of paramount importance to our customers and therefore to us;

· customer service, contract governance and delivery - the delivery of our complex contracts is a key part of the success our Enterprise segment and providing exceptional service to our customers is one of our key strategic aims. Failure to govern contracts sufficiently may have reputational or financial impact.

· security and resilience of our networks and IT systems - our networks and IT systems are key to all that we do and are crucial in delivering service to our customers;

· a breach of our regulatory obligations - we take our regulatory responsibilities extremely seriously and seek to ensure we are compliant;

· health and safety - it is important to mitigate health and safety risks as far as possible to prevent incidents from occurring; and

· flooding - flooding (particularly in Hull) has become an increasingly regular occurrence and could impact our business if we don't take appropriate steps to mitigate the risks.


More detail of the Group's risks are shown on pages 26 to 29 of the Annual report and accounts for the year ended 31 March 2017 and it is the view of the directors that these risks and uncertainties remain appropriate for this interim statement.

Forward looking statements

Certain statements in this interim statement are forward looking. Although the Group believes that the expectations reflected in these forward looking statements are reasonable, we can give no assurance that these expectations will prove to be correct. Because these statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by these forward looking statements.

We undertake no obligation to update any forward looking statements whether as a result of new information, future events or otherwise.

[jimboyce] 28/11/2017 08:17

Divi at risk. Sell, as there is little prospect of capital appreciation.

[2schhol] 28/11/2017 07:52

Better than what Centrica offered shareholders. I sold out and waited for the update. And this does not make me buy in, still shrinking profits . Not for me.

[wildshot] 28/11/2017 07:36

Having read the results and the continued decline in profits and revenue I am becoming increasingly concerned about holding these long term. Also today's results reiterate their commitment to at least a 6p dividend for this financial year, but yet again no indication on dividend commitments going forward.

Am I the only one nervous on these results and thinking of bailing? Other opinions welcome.

The only real appeal of this share at the moment is yield, otherwise it is a declining company for year on year revenue and profits. If the dividend is cut or cancelled then there is no appeal here for me.

[cinoib] 22/11/2017 19:24

RCTurner.
Likewise, with banks paying 1% or less 6% is not to be sniffed at.

[rcturner2] 16/11/2017 08:37

Good numbers from Vodafone recently, shows how generally telecoms are doing. I am happy to hold this going forward. I am here for the yield. Any capital gain is a bonus.

[lord gnome] 15/11/2017 17:01

Sitting right on the base of the uptrend that has been in place since July. Either we turn here or it could indeed be down to support at 95p.

[skinny] 15/11/2017 16:12

Yes - quite some turn!

[toffeeman] 15/11/2017 16:09

I was kicking myself for selling at 100 but if that is and H&S that I see then the target is back to 90.

[grahamite2] 15/11/2017 14:52

So I wasn't such a fool to sell after all!

Looks like some funny business happened here.

[lord gnome] 15/11/2017 14:42

Up like a rocket and down like its stick. Bah.

[solarno lopez] 15/11/2017 13:41

Mr Turner clearly believes in them or was he simply making a statement

[cinoib] 15/11/2017 13:35

So much for charts then.

[rcturner2] 06/11/2017 08:20

Very strong chart currently.

[rcturner2] 03/11/2017 14:09

I am still holding, rerating going on here.

[skinny] 03/11/2017 14:07

Confirmation :-

KCOM Group plc, a leading provider of communications services and IT solutions to organisations and consumers, will announce interim results for the six months ended 30 September 2017 on Tuesday 28 November 2017.