Kingswood Share Discussion Threads

[johnwall] 17/8/2021 07:29

Is anyone here still holding these? Or have all the free float shares now been bought by the Directors? :-)

[fillipe] 14/10/2020 11:51

Uptick.

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[fillipe] 01/10/2020 12:00

KWG - has come up nice and steadily in the past few months.

f

[euclid5] 26/3/2020 20:09

doesn't bode well for wealth mngrs - below taken from IC analysis on Quilter


Citing a previous sensitivity analysis, Peel Hunt this week warned that a 20 per cent fall in asset values is likely to result in a 30 to 40 per cent impact on wealth managers’ profitability this year. As such, the buyback looks well-timed, though we’ll use the cover to exit with the shares just ahead of our tip (132p, 4 Jun 2019). Hold.

Last IC View: Buy, 139p, 6 Aug 2019

[euclid5] 19/3/2020 10:58

Has been no institutional large s/holders sells, as yet - seems to be holding up pretty damn well - compared to MTW who are in the same business - quite amazing considering the markets.


KPI (Nominees) Ltd 142,944,905 (65.9%)
ETX Capital 9,921,969 shares (4.6%)
Julius Baer Private Banking 6,000,000 shares (2.8%)
KW Wealth 5,803,087 shares (2.7%)
Michael Mechas 5,682,610 shares (2.6%)
Directors 5,646,681 (2.6%)

Kingswood Holdings Limited had 216,920,719 Ordinary Shares of 5p each in issue as at 10 September 2019.

[fillipe] 19/2/2020 12:19

Rising nicely.

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[smithie6] 20/12/2019 20:36

any opinion about the acquisition ??

[chauvelin] 26/11/2019 11:47

Its a nice position to get a serious lift in the share price from, when they make their next acquisition , they have stated they have a pipeline of deals , share price should keep rising as we crunch through them and build the company .

[fillipe] 25/11/2019 12:55

KWG - looking very healthy.

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[smithie6] 25/11/2019 11:04

up yet again !

as Dellboy would say

'lovely jubbly'

!!

[smithie6] 23/11/2019 08:20

37,500 pounds of shares bought in 2 trades in last 2-3 days

in a share with miniscule free float in small Private Investor hands
& after the share price has doubled on low volume

I think us little fish can stand back and wait for the news

imo some rich person (or 2) doesnt spend that sort of money after the share price has doubled

without being right ! ;-)
( call me a cynic)

[smithie6] 23/11/2019 06:55

interims said

"Kingswood is also currently reviewing a number of potential US opportunities and has entered exclusive discussions to acquire a regulated business in Singapore serving the South-East Asia market."

(Singapore might be seeing benefits if any parts of financial business moves out of Hong Kong due to the on-going street violence etc there).

[smithie6] 22/11/2019 21:11

Pollen St ( Investments) who have given KWG the offer of cash in return for conv. pref. shares in KWG
is a wealth manager
which sounds very similar to Kingswood, but it would appear, with better access to provide cash (which maybe Pollen has/will borrowed, or phps some of it)

so

one idea of an acquisition by Kingswood might be to buy.... Pollen St !!

or 'back it in'

or 51% if 100% might need a lot of cash
or some in cash & some in Kingswood shares

----

in 2019 K.wood increased its stake in a USA wealth mngr
& the 2 big shareholders in Kingswood own a stake in that as well ( clearly rich chaps, which useally infers they are quite shrewd ppl ( not many stupid ppl get to be rich by being in business !))

so that's perhaps an acquisition option as well

(maybe do the 2 of them )

& Asia was also mentioned as an acquisition target area
( creating a global wealth mngr looks g'teed to happen !)

interesting times !!

(& the names involved all look to be big hitters such as 1 guy that was an exec at Goldman, etc etc)

[smithie6] 22/11/2019 20:50

interesting

for 70% of 1/2 of the dirs options to be awarded the share price needs to be 50-60p. 100% of 1/2 needs >60p.

!!

so, although the share price has doubled it might be worth holding on !

( dirs. are not stupid
they dont set a target they think there is no chance to hit.)

----

(the other 1/2 of the share options has EBITDA perf. for issuing perf. shares.

I dont agree with that at all

the interest on any cash debts or conv. prefer shares (5% ?)
is not included in the calc.
you could, in theory, produce £5M EBITDA but pay £5M interest
and produce
0 profit !!

yet get ~20M shares via the options

however they do own ~70% of the co. so they are unlikely to do that

& at least the options dont exercise till ~4.5 years from now

[smithie6] 22/11/2019 18:01

delayed reporting of
125,000 trade (buy) at 22p at 17:15 yesterday

according to advfn

about an hour after a buy of 50.000 share at 20p

so, ~10% premium to get the volume !

whether the 125k trade will turn out to be a matched off trade...bed & isa....we will see...but I think not since that would normally be done within the mkt buy/sell price range

---

if the 2 buys were from 1 person it would be a total of 175,000 shares


or 37,500 pounds !!!

wow !!
----

I get the feeling that despite the big rise in recent weeks...some ppl (with deep pockets) clearly think the share price is going to rise more

& the chart not showing any fall backs at all after big % rises also infers that

----

what % of the shares are actually available to be traded ?
not a big % imo

[fillipe] 22/11/2019 16:00

Full ask of 21p being paid this afternoon and that's for not very large.

The bests at the bid/ask are showing 20p v 21p.

The highest ask is now 25p, but that will quickly go into the "Up" lift on any sustained buying, as is already evidenced by recent upticks.

f

[chauvelin] 15/11/2019 14:55

Looking very positive to me , they are delivering now , and doing exactly what they said they would do , and have the money to execute their strategy .I look forward to the next bolt on acquisition giving them further assets under management , which in turn will lead us to further advances in the share price .Once they have sufficient AUM , I imagine they will go for a full listing on the main market , which will attract further institutional support.

[smithie6] 13/11/2019 12:22

2 trades at >= 20p !

looks like the share price might rise again

(MM are phps holding the price, while phps offerring almost no shares to buyers or phps suspending selling to any on-line buyers
to try to give themselves some time to try to get some shares from sellers to fill the trades already done)

---
from lse website


13-Nov-19 10:58:26 19.50 17,647 Buy* 18.00 19.50 3,441 O

11-Nov-19 12:36:56 20.50 146,275 Buy* 18.00 19.50 29.99k O

12-Nov-19 17:10:47 18.75 11,000 Unknown* 18.00 19.50 2,063 O

12-Nov-19 15:33:11 20.50 10,000 Buy* 18.00 19.50 2,050 O

12-Nov-19 11:35:26 19.50 976 Buy* 18.00 19.50 190.32 O

12-Nov-19 11:18:35 19.50 1,000 Buy* 18.00 19.50 195.00 O

11-Nov-19 17:08:58 18.75 10,000 Unknown* 18.00 19.50 1,875 O

11-Nov-19 16:04:46 19.25 10,000 Buy* 18.00 19.50 1,925 O

11-Nov-19 14:04:06 19.00 15,000 Buy*

[smithie6] 13/11/2019 09:08

ah. interesting

[fillipe] 12/11/2019 10:29

26p tp price and hugely lengthy and very positive research note from finnCap today.
All looks very promising indeed.

It appears it's not possible to forward a link to the report, I regret.

f

[fillipe] 11/11/2019 14:46

Plenty of mileage to go for from here.
I see the current 19p ask is being paid in full.

f

[smithie6] 10/11/2019 20:40

its a very interesting situation

when does a holding PI sitting on a good profit decide to top slice or get out completely

....during the process of acquisitions being made
....with each acquisition creating mkt interest in the shares....and each time making the co. bigger and stronger...

and then in the medum/long term....what will be the combined EPS of the acquisitions, and the P/E for that...
...and then over time....what are the synergies possible between the different acquisitions and the impact of that on providing an increase in the EPS ....



interesting situation

[fillipe] 08/11/2019 15:51

The share price is likely move steadily higher, in line with decent newsflow and eventually to the point where some sellers will emerge, as is to be expected, I feel.

But at that point I think we are very likely to be at a much higher share price than at where we presently sit.

f

[smithie6] 08/11/2019 14:24

is it about 83% in the hands of those big holders ?

(& usual big holders have mates or family who also hold chunks)

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yes, its behaving like a privately held co. ....almost no market trading in the shares