Member Info for Camkite

Big bite

It has a £160m mcap & payments / revenue / profit is a way down the road... market has been hyped up (rightly so) but has reacted as a sell off for mutliple reasons (time to complete, uncertainties, slightly less than was expected & how much of it was already priced in) ... unless you were here for a quick trade i don't think there is any concern in SP and I have no doubt in 2 / 4 weeks we will see the arse end of 40p ... AIMO.

I like i'm sure everyone else wish i had sold at 38p on Monday and bought back in today but there was no way i was going to risk being out for any number of possibilities that could land at any given moment.

There's no doubt where its headed, we are just witnessing standard stock market ups and downs on its merry little way.

Like its going to hit the single candle at 25p on the sell side imo, probably next week if no news lands.

Powder saved for this.

Pi's and the market were clearly expecting more from this ... this will be a very short lived reaction tho as no doubt IEs are making headway and other contracts, partnership will arrive in the near term.

Remember the broker note regarding multiple £500m contracts... Just a matter of waiting and if possible topping up.

If i owned 30,000,000 of these i'd probably take a few off of the table tbh lol

"Clearly Janus doesn't think so though!!" - Hedge funds have rules regarding balancing their books.

If you invest with a hedge on certain terms then they have to stick to those terms irrelevant whether they believe the SP is going to keep going up. Taking X off the table at certain points etc.

End of the day, it isn't a profit until its locked in & unlike Arthur Global it is unlikely that Janus is privy to any inside scope......

Hopefully that's them done now as it's defo been holding us back from seeing the back of 40p

Maybe so, there are defo alot of sells around.... unless it is all that was collected by the MM's lower down... good work if you can get it.

Not to mention the actual CAF project wins.... that has to be the big one and due in the next 4 trading days...

"Strategic" Investor would generally be seen as a more hands on investor or a "strategic" positioning rather than just a hedge fund moving money about....

Such a large market share to be had in India and China.

No amount of bs spotted by idiots on these bb’s will effect this sp & the fact yesterday was a gift.

No it’s not. Reinvesting in growth is standard procedure. Take your tin hat off and chill out.

There was nothing in today’s news worthy of a 32% drop, customers up, eps up, payback up, growth up.

They want to reinvest 40m next year & with that less profit and less tax paid. Reinvestment, done right is not dead money. Arguably it’s a better way of going about business, money stays in the company through assets & the share price rises & you don’t get a dividend.

It’s the reason the USA market has done so well over the last 15 years they don’t pay the same % like they do in the ftse / law.

Fair. So perhaps closer too 60% paid & 300% gain.

When i say rough i meant, rough but I was just trying to highlight the value to be had at todays valuation & I cant see how this would make fresh lows, but hey this is the stock market and stranger things have certainly happened.

Very rough calcs if they meet their targets & are returning £100m to shareholders by 2031

Not one for pushing other shares on other boards, but given this area is most likely full of serious long term investors as opposed to quick flick Aim gamblers...

Check out IES, large battery storage, currently waiting on Ofgem LDES cap and floor decision which is due before the end of June. The sector is at infection point and will be around & growing for decades.

It's a beauty at current levels.

Appreciate what you are saying and your caution towards it.

In the same breath, shares can and do recover to more sensible levels quickly especially when they look so over done with shorts needing to close. I doubt very much this will see fresh lows (Sub £6.48) so you have a 8% risk on a 400% gain. and assuming you're not in and out in a day that risk is greatly reduced with buybacks and dividends.

Good luck to you also.

rocketvi not sure how low you are expecting this to go - lets assume they hit their target £100m return to shareholder in 2031 (5 years), this morning you could purchase with a mcap of c£470m @ £6.50 (bargain).

very simple *** packet calcs based on current mcap £560m

2027 pbt = £80m (dividend & buy back £0.6p ps)

2028 pbt = £95m (dividend / buyback £0.7p ps)

2029 pbt = £120m (dividend / buy back £1 ps)

2030 pbt = £140m (dividend / buyback £1.2 ps)

2030 pbt = £175m (dividend / buyback £1.5 ps)

total dividends / buybacks = £5

growth plan with an increased eps / dividend yield share price will be £20+

current buy price £7.05 ... 300% gain on share holding & c17% dividend yield with shares becoming paid off from current buy in by 2033.

it might not rocket back up but with the possibility of a takeover, shorts inevitably closing out, buy backs and dividend this seems like a pretty good time to be buying in for a longer term, £20 12 months ago, no doubt it'll be there again.

"It also sees it delivering shareholder distributions of around GBP100 million, with at least 50% of the distribution through dividends, as well as net debt/adjusted earnings before interest, tax, depreciation and amortisation around 1.0x."

Almost 25% of the Mcap this morning.