The only way is up?14 Jun 2022 14:44
Been looking at listed law firms for a while and KGH is an enigma.
In terms of fundamentals, it looks undervalued but the mood music around the employees, some of which has been looked at in this chat, makes uncomfortable reading
The leadership team are buying in - albeit not successfully.
CEO bought £1M shares on 19/5 @106 (causing a big bounce)
Company secretary bought 41k of shares on 19/5 @120
Director of client services bought 70k of shares on 23/5 @141
Non exec bought 10k of shares on 25/5 @138
Chairman bought 10k of shares on 09/6 @129
Despite repeated management nibbles, the price keeps sliding. Why does the market not like this stock?