London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Started: Markyb311, 20 May 2024 16:37
Last post: hipete69, 29 May 2024 14:24
It was tipped in The Sunday Times, in the Business Section,
I bought the Sunday Times yesterday and couldn’t find this mention. Not for the first time. Are there regional editions?
I think we are all a bit shocked ....
Started: Arteee, 20 May 2024 17:51
Last post: Arteee, 20 May 2024 17:51
Apologies it was Lucy Tobin in the Times on Saturday.
Art.
Started: Arteee, 20 May 2024 15:36
Last post: Retirement_Plan, 20 May 2024 15:37
VERY quite board considering the rise🙈🙈🙈
But I’m still in the red🙈🙈🙈🙈
Mentioning increased exposure to AI. Won't have done any harm. Signs of a short squeeze today :).
Started: Novicetrader1967, 25 Apr 2024 16:40
Last post: Novicetrader1967, 20 May 2024 12:24
Maybe I meant a month
How long are your weeks Novice trader?
I can’t say anything. I know someone high up
Absolutely; thanks for the wonderfully informative heads up! I'm amazed at your insight
Just heard some good news regarding this company. I’m buying more
Started: Hawker, 20 May 2024 08:16
Last post: Hawker, 20 May 2024 08:16
Although the top line revs came in a bit lighter than desired, all the action is below this level, profit growth and the increasing shift to ARRs… Company is targeting £100m of ARR by 2026, cementing its shift to becoming a full on SaaS business.
Is this enough to stick it to the shorting hedge funds MWAM and GLG, one wonders?
Kainos is a very solid business and one to own for sure, assuming it can remain independent of course, given the Private Equity interest in DarkTrace and now Keyword Solutions…
Started: Whalebone, 18 Apr 2024 11:37
Last post: Whalebone, 18 Apr 2024 11:41
A fourteen story office block.
Just Google Belfast telegraph and Kainos.
It’s within a mile of their current headquarters but more central.
Kainos has just been granted planning permission to build a new headquarters in Belfast.
Last post: Rick123, 15 Apr 2024 16:23
Just bought some more of these little beauties, I think we are in for a good run now, positive RNS and tipped in many share articles as a buy. GL all.
Apologies, I’m confusing KNOS with FD Technologies. Both Northern Ireland companies in the IT sector.
2.6% of shares were being shorted.
This might get rid of some of the shorters.
Lat week FD was listed in the Investors Chronicle among the five biggest short increase.
Started: Hawker, 15 Apr 2024 10:59
Last post: Senator1, 15 Apr 2024 13:44
Looks like 2024 Rev will come in at c. £400m up 7%. Is this a growth stock? My estimate of net without all the adjustments for 24 is £47M, up 12%. Thats c£14k per each of 3319 employees/contractors. Does it deserve a P/E of 22x or PEG of 1.53, thats the question really. RoE at 36% is very impressive so that would support those ratings, i would just like to see more growth and a higher contribution per employee.
...another solid trading update from the team at Kainos, increasing order backlog and clear visibility on pipeline of growth in revenues and PBT ahead!
"In the near-term, an increased backlog, a robust pipeline and a strong balance sheet provide excellent visibility of the strength of our performance in the current financial year."
I think this is a real gem of a business and one that could maybe shout a little louder to find a wider audience of larger investors, perhaps they too should be looking at a dual listing in the US, well it's a thought.
Plenty of cash at £130m (growing at some £20m a year), zero debt and a 5.5% FY25 FCF Yield, what's not to like!?
Started: Sisyphus, 4 Apr 2024 17:16
Last post: Sisyphus, 10 Apr 2024 14:19
Given the fervor for 'all things American' and the fact that Kainos has a big footprint and significant revenue stream in the USA I'm surprised this hasn't soared already. Similar businesses over the water command a far higher p/e than here despite the constant comment that it's on the high side (for here!). Next week's update should reassure and set it firmly back on the ascent.
Nice uptick today, smacks of short covering by MWAM or GLG, let’s see if this proves correct… onward to the results!
Pulls back am, rises pm. Stateside stakebuilding???
Looks like c £1m shorter lost his nerve and bought back in.
Started: Motogte_youtube, 4 Apr 2024 12:59
Last post: Motogte_youtube, 4 Apr 2024 12:59
The higher highs didn't work out, but who knows we have plenty of support below. I do think bull run will happen soon enough when patience.
Started: Motogte_youtube, 1 Mar 2024 11:38
Last post: jlovie, 22 Mar 2024 09:48
£2m & £1m sells this morning, wonder who's exiting.
Late breaking news for the wider public market... Kainos is a superstar in both WorkDay and AI expertise deployment, ARRs growing at some 30% and now accounting for 15-20% of their total revs, very much an under-appreciated blue chip leader in their field... Not sure why it's not at the top of more investor's portfolios, a rare combination of US Tech like skills and revenues and oddly it's based and listed in the UK, who knew!?
Tell Sid..?
I've entered. Zoom out you see those higher highs. Good company expanding.
Started: Hawker, 7 Feb 2024 17:35
Last post: Hawker, 7 Feb 2024 17:35
Kainos is starting to attract a bit more attention, wonder if this was MAN/GLG Partners active again, let's see what comes out over the next few days...
Started: Hawker, 6 Feb 2024 11:11
Last post: Hawker, 6 Feb 2024 11:11
Good to see the resilience of the shares as they rebound from the recent sell-off, looks like Baillie Gifford took the opportunity and increased their stake and the shares are now hovering around their 200dMA at 1171p, think we could see a break to 1400-1500 if they manage to break above this... Kainos is one of the few decent-sized UK companies that are benefitting from the revolution in AI and ML... Happy to own this for the next 5-10 years.
Started: Steve_Invests, 10 Jan 2024 14:10
Last post: jlovie, 30 Jan 2024 17:47
I've seen the same red circle on lots of other shares on LSE, with same lack indication of any changes.
@jlovie - not sure why the short positions had that red circle, no updates since Dec 11th, best to check with shorttracker.co.uk as that’s usually more comprehensive.
Price resistance at 1165, peak of 28/12/23 and large measuring price bar , high of 1174. The measuring bar is important, due to heaviest volume day for 3 months. Basically the sp, requires to close above 1165, and 1174, at some point , to confirm that the path of least resistance , is upward. In meantime positive scenario if sp, can remain above 1100, with higher lows.
Chart symmetry analysis, suggests sp, target of 1225, by approximately 6/2/24, or slightly later. DYOR.
Does anyone know how the notification of short positions works on this LSE site?
e.g. today I see a 1 circled on the Short Positions for Kainos, but clicking it doesn't show any change of shorts, last change shows as 11th Dec.
Started: Hawker, 29 Nov 2023 11:38
Last post: Hawker, 29 Nov 2023 11:38
Looking at peer company Endava, it seems the market is starting to price a recovery in H2 earnings and given how these companies track each other in so many ways, one wonders if Kainos is putting in a base here from which to build a recovery. I see Investec and Stifel have both published research notes this morning, the first with a price target of 1800p and the second at 1364p. Interesting to see GLG Partners have recently taken a short position, seems rather late given the price over the last 12 months but hey, what do I know?
I am looking at opening a new position here, having last owned it back in 2019-21.
Any thoughts from the floor?
Started: Barcap, 13 Nov 2023 16:05
Last post: Bladey, 14 Nov 2023 15:47
Bought at 10p lower to you and sold at just over £10, not a bad trade at all for 24hrs!
Closed at 1004p for a quick 10% profit in one day.
Will reenter in future
Cheers
Barcap
Long term this is a very well run company.
A good opportunity to buy them cheap.
Cheers
Barcap
Started: greedo76, 13 Nov 2023 17:14
Last post: greedo76, 13 Nov 2023 17:14
Yes this company is well run but its paying out serious money in wages.
Interim dividend today is 0.89% ... why anyone would want to hold this is beyond me. Its about 33% down in a year. There is neither organic equity now a dividend return, so whys it a hold? I may consider buying back in if it returns to around £5 or £6 but cash needs to start being given back to shareholders and perhaps redundancies are needed here.
Started: Constructivenews, 13 Nov 2023 16:10
Last post: Constructivenews, 13 Nov 2023 16:10
This company hasn't fallen anywhere near what it should have.
After the bad news. I would say just over £8.00 a share would be a fair price now, due to its P/E ratio.
Started: squadraazzura, 13 Nov 2023 15:11
Last post: Bladey, 13 Nov 2023 15:47
I'm expecting director buys..
Management must be having kittens, seeing at the the drop today:(
Broke £10 support. May continue its fall down towards £5 - £6 if it closes below the support.
I will not buy at the moment until £10 level is cleared.
Otherwise it'll be just a matter of time before it hits £5.
Started: fatprofits, 13 Nov 2023 13:50
Last post: Retirement_Plan, 13 Nov 2023 14:42
I obviously chose the wrong time to buy- story of my life :)
To support the multiple it needs earnings growth and
at least for now that appears to be absent.
Started: Retirement_Plan, 13 Nov 2023 08:25
Last post: BoracicLint, 13 Nov 2023 12:16
I've been in and out of this share for years and it has done very well, in terms of SP and company performance. However, the SP peaked about 2 years ago at about £20. From the bottom of June 2022 it rose again to about £16 and has been declining since then.
Today's drop seems excessive and mostly based on the Health division caution. The PE ratio shows as 28 on this site, so still pretty high but I think it always has been. The SP now looks good value to me and dividend cover is quite healthy. I think I will be buying back in today.
Having read the report a fall of this nature is a complete mystery to me. What was the market expecting? Miracles?
I have bought into Kainos this am for the first time.
Did you buy in today?
Drop seems overdone, can't see anything that bad in results on a quick look - am I missing something?
This is becoming a very VARY bad trade, all it seems to want to do is go in one direction - the WRONG direction:(
Started: kingtrader72, 20 Oct 2023 12:30
Last post: kingtrader72, 20 Oct 2023 12:30
Not sure if this is true but there is talk of an approach here, anyone else heard anything within the sector?
Last post: MMurray, 17 Aug 2023 11:46
You are not comparing like with like here. 16.1p was the final divided for FY2022 payable 20 Oct. 2022, an increase of 6.6% over the final dividend for FY2021 of 15.1p, payable 28 Oct. 2021. The interim dividend for FY2023 payable 16 Dec 2022 of 7.8p increased 9.9% over the interim dividend for FY022 of 7.1p payable 24 Dec 2021. The dividend has not more or less doubled.
Yes; great company with good prospects
Has anyone noticed that the dividend here has more or less doubled from 7.8p declared last November to 16.1p declared on May 22nd payable on 20th October.
Last post: Whalebone, 20 Jun 2023 09:58
Brendan Mooney, CEO of 34 years has decided to stand down in favour of Russell Sloan.
Last post: Rick123, 12 Jun 2023 19:37
…noted after closing. Will be interesting tomorrow.