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I agree, the pilots earn enough to be able to buy far more shares in IAG than I hold. Then of course they would have to accept both the good years and the bad as far as dividends are concerned. Would they be prepared to accept a pay cut in the lean years, I very much doubt it. Destroying the image of IAG in search of a share of the profits is counter productive. Get back to work and stop destroying the value of my holdings.
So it would appear that net cash and net profit are being invested in R&D. I say invested but Kape must prove at some point that retained profits will increase as a result.
Agreed, strong trading update. What will it take to move the SP upwards? If this moves below 80p again I will be adding to my holding.
Or even lower today. The decision by Nissan to cut 12,500 jobs worldwide does nothing to inspire confidence in the automotive industry which is now in a cyclical downturn. Recent results and comments from quoted UK dealerships demonstrate why investing in automotive at the moment is probably not a wise decision.
Not invested here and have no intention to do so but have watched ever since the IPO. Who are the absolute idiots here, the institutions, pension fund providers who are playing with your with your future pension pot. No doubt many are scrambling to exit after buying in at the kind of multiple US investors pay for technology IPO’s
As joint broker to Kape, N+1 Singer as you would expect are positive. I never take much notice of brokers as they always have an agenda. The share price at the moment is driven by the MM’s who will adjust prices to create both buying and selling. Eventually we should be rewarded for our patience.
John, market makers still want your shares. It is great that the price is moving upwards and still continuing to find buyers. Would be nice to think that we are going to see some corporate action soon.
Market Makers want your shares back so will lower the price now probably back to 80p. Hope that I am wrong.
Thanks Rivaldo for the Investors Chronicle link. Very pleased that I made a small top up purchase of 1870 shares at 79.99 yesterday. Seems to respond positively every time Kape is mentioned in Investors Chronicle and then slips back. However, a share I intend to keep for a long time or at least until the share price reflects its growth prospects.
Thanks for that GS. Very interesting reading about Teddy Sagi’s business interests. Let’s hope that he has the same success with Kape as he did with Playtech although patience is probably required.
Does anyone have a theory as to why the shares are currently trading in the 80 - 81p band with a spread much tighter than that indicated. All trades are assumed to be sales which of course they are not. Does the Woodford Equity Fund own any Kape shares? Will probably buy more very soon but just being held back by uncertainty over current share price.
Rivaldo, you will recall that Kape touched 107p earlier this year when I was nicely in profit. Not sure what it is going to take to get the share price moving upwards again. Perhaps an EPS enhancing acquisition with their cash pile.
No idea what’s going on except maybe market makers drumming up business in a stock with very little free float. Have just transferred some money to my account to purchase tomorrow. With a strong balance sheet and plenty of cash it is hard to believe that there is anything fundamentally wrong here.