The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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.
Re. buying on news, agree it will be very difficult & based on last week's behaviour the MM's will be reliant on sellers determining where supply lies / how high the price goes.
I note yesterday's buyers appear to have exited this morning, shame we couldn't get through technical resistance at 245p (where it traded post IPO & the peak last week, also provided support on the way down last summer). Just a matter of time though.
I'm taking a 1 year view of where this will be trading post the Cali rollout commencing in Jan 24, not interested in selling before that unless the share price re-rates to the £7-10 range (£200-300m cap) that I believe represents fair value given the scale of the opportunity / need.
Re. free float, as per Simply Wall Street data (why I assume is taken from filings / bloomberg), the top 20 shareholders own 91.2% of the shares, of which management own 42.3%. This could be even higher given that Premier Miton are down as holding 890k but are at 1.62m on the Kooth website. So that leaves a public float of <3m shares if none of the top 20 want to sell.
Yes, good points.
And with Freefloat of only 18.7M, many of which will be held tightly held, buying on that announcement, or further announcements regarding expansion across the U.S., will be tricky indeed.
Worth watching the Investor presentation on the Website with Tim Barker & Sanjay Jawa.
The US is their opportunity to really scale the business.
I suspect the size of the incoming contract will take almost everyone by surprise. It’s a tremendous endorsement & will surely lead to further deals with other US states, health providers & internationally via licensing out the software.
The 20 years of groundwork they've put in with the NHS gives them a huge competitive advantage which until very recently had been ignored by the market. Not for much longer IMO.
Interesting to note our 5000K ( Currently £12,000) block buyer loading up this morning, in advance of the figures for this contract being released.
Kooth already has 8 Million NHS patients & now is making deep inroads into The Worlds Biggest Market, the importance of Winning this Contract in California shouldn’t be underestimated.
I find it deeply interesting that the app that they are developing as part of this deal will be available in many languages to cater for the multi cultural society in California.
So Kooth are effectively being paid to develop an app that can then be launched Globally, this Company has the capability to scale very rapidly.
This could be a wonderful long term hold with the potential of very nice dividends in the future.
Won't be long till we have definitive legal documentation then we will know how much this will be worth can't see this hanging around this level for too long
Very interesting news yesterday, as usual for AIM it's already been forgotten with the price starting to drift back on low volume (market makers being ultra risk averse as always). Once the value of the deal is confirmed then I think more PI's will take notice!
Here is an interesting interview from a few months ago;
https://www.youtube.com/watch?app=desktop&v=BJxOQOaijNs
5 year plan mentions the word 'unicorn'
After yesterday the chances of that happening have to have increased a fair bit.
I think the sells are stop loss executes why else would you sell below £2.50 ?
If the State of Pennsylvania contract for 1 Year to 150K students is worth $3M then this significant Contract in California to 6 Million 13-25yr olds is going to be huge, when the details are announced.
Quite a Win for the Company against 475 other providers.
I like this bit……’with an associated highly material impact on revenues”…..
Very little stock available and I note this was 360p last year, without this win.
Lovely hold in the ISA from these levels imo.
why is being sold so aggressively? previous RNS were positive imo
Cash call coming maybe?
Doesn't seem to be currently... Besides the obvious world events.. Any idea why its 35% down?
Just topped up on these today. This company has a big future :)
Both of my buys today have shown as sells.... In fact every trade after the two £1m trades have been. Any news?
I brought a few shares a while back. the shares were recommended by a friend who is very knowledgable on the stock market. he even thinks it might reach £10 some time. just wondered what people thought ?
EDIT: micro cap
FYI - KOO recently added to the MSCI small cap index
https://www.msci.com/index-review
KOO briefly discussed on V O X Markets (Paul Hill interview with River & Mercantile Portfolio Manager, George Ensor) from 06:40
https://youtu.be/wEtusObISCQ
Steady 35% rise so far this year. No histrionics, no feverish rampers or derampers, just a steady SP rise. Will the recent trend continue?
This share it totally under the radar. Mental health is going to be a huge problem in the coming years, covid is just the tip of the iceberg. They've moved from debt to cash (quite considerably so) and I don't see how this can't grow big time with the NHS backing it will receive. Small amount of shares in issue, really glad to be in a share I fully trust and actually like what they're doing! The only other share I have that feeling on is ANIC. Good luck holders
As no one has posted for a while then I though I'd pitch in. I've been in since before Christmas
Lovely slow and steady climber. If anyone has any more info to share on this company please share because the income stream and future plans are a bit vague at the moment. Unfortunately there will be many mental health issues over the next few years so I'm presuming sentiment around this is increasing awareness of this share.
Feedback appreciated
Dan
Will be interesting to watch this story unfold
As (if) pandemic focus relaxes a little, the mental state of the nation will need to be addressed. A large part of the population seems to have adapted of necessity to keeping apart, but the implications for our children are grim. Many will need support and all have access to mobile apps.
The right product at the right time?
As (if) pandemic focus relaxes a little, the mental state of the nation will need to be addressed. A large part of the population seems to have adapted of necessity to keeping apart, but the implications for our children are grim. Many will need support and all have access to mobile apps. The right product at the right time? I think so.
Finally starting to move thru old highs. A trading statement must be due soon as passed the year end.