Knights Share Discussion Threads

[2bluelynn] 16/1/2023 21:46

Buy on weakness for me

[mngf] 16/1/2023 17:30

Nothing special in the statement, a lack of organic growth is obvious so expected a decline. But the valuation is low and no change in forecasts, so still looks good to me

[investing2retire] 16/1/2023 16:13

could be a trees shake. sellers on level 2 are small volume and buyers are coming back

[kalai1] 16/1/2023 12:51

Knights Group Holdings plc posted unaudited HY results this morning. Revenue increased by 19% to £71.2m, Underlying PBT was also up 19% to £9.0m. Basic underlying EPS increased to 8.26p from HY 2022: 6.98p while net debt was up to £35.6m in line with the Board's expectations. The Group continues to expand acquisitively, the acquisition of Coffin Mew during the period bolsters Knights' presence in the South of England while that of Meade King was announced post-period end and facilitates entry into Bristol's fast-growing legal services market and strengthens the Group’s position in the South West. Valuation is very attractive with forward PE ratio under 6x, while the share price is into the 3rd month of a rally off 2022 lows and building some positive momentum. Net debt is a little high with gearing ratios a little below 100%, but it is not an obstacle to acquiring the share. BUY...

...from WealthOracle

[tradertrev] 16/1/2023 12:33

When I read the outlook comments I thought they weren't really comments on how the business was going at all.

[jomac2412] 16/1/2023 12:02

I thought it was a decent update, market doesn't seem to like it at the moment though.

[siddiqur1] 16/1/2023 09:17

Good update

[se81] 16/1/2023 07:29

Decent update in the context of the share price decline- sounds like more of a focus on margins and organic growth too which would be welcome. Interestingly they seem to be benefiting from the macro environment in terms of recruitment and acquisitions

Also increase in interim divi which I wasn't expecting

[saucepan] 16/1/2023 07:25

Decent half year results and earnings enhancing acquisition paid for in cash. Chart nicely set for recovery, I think.

[lennonsalive] 28/12/2022 23:30

It's the same person as "whatisaname", just another clown on advfn

[letsdothis] 28/12/2022 13:48

There she goes off again

[letsdothis] 24/12/2022 01:14

Merry Xmas cya Wednesday

[sbb1x] 23/12/2022 14:27

No way does that poster own shares in KGH. Just spaming the board

[lennonsalive] 23/12/2022 12:13

So many clowns clogging up ADVFN, they really need to start to stopping all the socket puppet rampers etc

[letsdothis] 23/12/2022 11:53

PAUL IS ON SYME promoting that & asking DUM QUESTIONS OF WHY IS IT DOWN LOOOOOOOOOOOL LIKE SYME THE BIGGEST BOILER ROOM FRAUD SCAM THERE IS HOW THAT SHARE IS EVEN STILL ON IS BEYOND ME THE AIM MARKET IS BEYOND CORRUPT

[lennonsalive] 22/12/2022 22:56

Another loon for the ignore list

[letsdothis] 22/12/2022 21:52

Not to mention all the lovely bubbly buys

[letsdothis] 22/12/2022 21:51

Revenues are coming in nice we are rolling in cash soon and profit margins should be increasing

[letsdothis] 22/12/2022 21:51

I see easy 100% gain in 3 months from now just a little patient times needed