Kinovo Share Discussion Threads

[nico115] 03/9/2022 11:38

£40m mkt cap is 60p no ?

[qs99] 03/9/2022 09:41

Think you are being conservative Nico mate.

£4.2m EBITDA in results and Q1 24% ahead? This should be doing way North of £5m this year and £6-7m within a few years IMO. In which case £23m market cap, with cash rising, the ratios just look wrong and so value "will out" hopefully! Or a bidder will step in.

DYOR but 8 X EV/EBITDA (yes I am assuming debt/cash free) at £6m then £40m vs. £23m and so material upside still. Before the debacle of this year, people were rightly talking of a quid as a target, personally I think that is possible and happy to hold on.

Next update will be key to seeing if the Q1 progress has been continued.

Have a good weekend Nico.
CHeers
QS99

[nico115] 03/9/2022 09:10

39p ,happy with that .If we can get to 7p eps over next 2 years Then our shares should climb to c60-70pI'm not a buyer here but am still bullish.

[qs99] 02/9/2022 16:29

"Kinovo is in a strong position moving into FY23, with the revenue and EBITDA growth achieved last year continuing into Q1. We have complete confidence that the Group will continue to grow and develop as we reap the rewards of the team's hard work and investment during the last two years. I look forward to updating the market on this progress in due course."

quite a strong statement. £4.2m EBITDA + 102%, with Q1 EBITDA +24% and confident outlook.

DYOR, but why not look to £6m EBITDA next year and minimal debt? DYOR

[patsc100] 02/9/2022 14:44

12x would be the minimum in my opinion.

[nico115] 02/9/2022 14:29

So on an ebitda basis what's fair value ?Cash we are generating is excellent Surprised we are so cheap but maybe takes time for market to rerate

[nico115] 01/9/2022 11:30

Hi QSWhat sort of p/e would you out this on ? Maybe 8 to 10 times ?Tricky because there is growth in the underlying business but had a chequered past .

[qs99] 26/8/2022 09:41

Must be a declining free float IMO. Hence a bit of a squeeze

re the above, M-guy you are correct, but all that matters now is looking forward and valuing the underlying business which is growing extremely well it seems. WIll management be replaced or should they? Probably I would agree given this monumental FU, but the remaining business IMO looks v. cheap as nico and others have also stated....providing potentially material upside from here.

DYOR

[nico115] 25/8/2022 22:21

Fair enough but we are generating so much cash that if the final figure is c8m so another 4m pounds we should have more then enough cash to pay this money ?The core business may make 4.5m to 5m pounds this year ? Pe of 8 gives us a share price of 50 to 60p ?Are you saying holders should sell here ?Do you think the 4m figure quoted in the rns will be too low ? If it's the correct figure do you not think kino look cheap ?I've not sold a share yet and am inclined to hold on at these levels.

[patsc100] 25/8/2022 11:44

Doesn't change the fact that YoY metrics look more impressive and yes, it's cheap. Should grow by at least 15% while generating another 15% or so in cash.

[qs99] 25/8/2022 11:24

AND market is slowly waking up again to the fact...DYOR

[qs99] 25/8/2022 11:12

Well ignore the comparables and just look at the facts. Cash generated from operating activities for instance and adjusted EBITDA against a c.£20m market cap...DYOR

[patsc100] 25/8/2022 10:08

Those metrics shouldn't be compared. 2021 was the COVID year. Metrics should be compared to 2020.

[someuwin] 25/8/2022 09:47

...Yup!

Annual report now available on website.

This graphic shows well how all metrics are moving strongly in the right direction. Debt reduction particularly impressive!

[qs99] 25/8/2022 09:43

your wish is the markets demand it seems someuwin!

[someuwin] 25/8/2022 08:05

Should move up soon.

[nico115] 22/8/2022 09:31

Eps of 6p this year x pe of 10p =60pIf can get eps to 7p next year and a pe of 12 as good growth opps then that gets us 84p which is achievable in my eyes.35p is a steal and I expect a steady climb over the next few months as we eliminate debt and start to pay dividends again.

[ben gibbons] 19/8/2022 18:45

Wow wish I had got some kino back when it was 16p!What a day today!

[divad1] 19/8/2022 18:00

I must say great news today but also I must comment not only well done management but well done to all staff Fromm the field up this was a joint effort and I hope all investors acknowledge that