JD23 - it would have been a more relevant question if you had asked by how much profit had been reduced by debt interest. |
KGH – Knights Group Holdings plc 4* Knights, the national legal and professional services business, posted impressive half year results for the six months ended 31 October 2024. The Group recorded strong growth in underlying PBT of 25.9% to £14.6m (H1 FY24: £11.6m) with underlying PBT margin up 3.0% pts to 18.4% (H1 FY24: 15.4%). This was on revenue up 5.4% to £79.4m
wealthoracle.co.uk/detailed-result-full/RFX/1140 |
How much of that profit is interest income? |
Nice it's moved up over the last few weeks 20% !! |
It's been very hard to buy online today after lunch. Not a bad sign at all. |
4* Knights Group the national legal and professional services business issued a trading update for the six months ended 31 October 2024 this morning. The Group has delivered strong performance in the period with underlying PBT expected to increase by 25.9% to c.£14.6m on anticipated revenue growth of 5.4% to c.£79.4m. The robust profit growth mainly reflects a 3.0% pts increase in PBT margin to 18.4%...from WealthOracle
wealthoracle.co.uk/detailed-result-full/KGH/998 |
Need to be careful with the difference between underlying PBT and statutory PBT with this one. Always a big difference (though not shown in this trading update). As Terry Smith liked to say, who do you think pays all these other costs? |
Working capital has expanded and acquisitions and further payments have inflated the debt? Seems right? |
I think they may have the comparative figures the wrong way round here , unless I'm missing something.
Balance sheet and Extended Revolving Credit Facility
The Group's continued strong focus on working capital discipline is reflected in debtor days2 at 31 October 2024 of 33 (H1 24: 31 days). Net debt3 was £50.1m at 31 October 2024, (at 30 April 2024 : £35.2m) after paying £8.9m initial and deferred consideration in respect of acquisitions. |
He will track you down trader .. you will get a private message off him ... be warned he's v - good friends of ADVFN |
Assume average 100 attendees at a NT seminar pay his rate of £500 is £50,000 revenue per show, 1 show per month is £600k revenue per year. Assume costs at £5,000 per show £60k per year leaves a nice £540,000 net profit.
And people really believe he sold KGH for just £130 profit before the price fell? 🤷a94;️
I think since Covid most of NT seminars are now online, so there’s no conference room to pay, no coffee and snacks to pay, costs are now zero.
You can fool some of the people some of the time….. |
It’s easy to fool people when you post your trades 2 weeks after the prices move.
In reality NT makes his living from selling expensive seminars and unrealistic dreams to fools rather than from trading the markets. |
Lol yes he wouldn't let it hit his stop |
you where spot on John ! He has |
Probably find NT will announce later in his diary he is out of this. . |
Looking really weak now, why? |
Insti reducing makes sense now regarding weakness |
Some fair sized trades going through |
Possibly difficult to tell |
Is there a seller about? |
Well, support at 115 gone |
Huge buying op this afternoon imo. Topped up at 125. Hope I’m right. |