Member Info for W13Ken

That was a really strong and positive presentation on piworld today. I've topped up and I'm confident that we'll see a turnaround this year as we've just had nine consecutive months of profits.

Interesting to hear that they negotiated hard with their partners so that Sosandar clothing would be shown in their preferred Lifestyle setting rather than just shot against a white background. Compare Sosandar clothes photos and others:
https://www.marksandspencer.com/l/women/dresses/fs5/animal-print

The marketing and magazine editing backgrounds of the joint-CEOs is giving them clout well beyond the norm of a £42m company.

Hmmm, the new opening in Bury sounded wrong as all CPC places are in the southern half of the UK. Turns out it's Bury St Edmunds in Suffolk.

Citywire today:

"City Pub Group is at a ‘material discount’, says Peel Hunt
City Pub Group (CPC) is seeing an improvement in trading and ongoing expansion could be an accelerator for the shares, says Peel Hunt.

Analyst Douglas Jack retained his ‘buy’ recommendation and target price of 145p on the stock, which closed up 3.2% at 96.5p on Wednesday.

The company reported an improvement in like-for-like sales from -2% in March and April to 5% in May, ahead of expectations. Sales were up 20% during the one-off Platinum Jubilee weekend.

‘The shares are at a material discount to the 145p share net asset value (NAV),’ said Jack.

‘In our view, the key to growing the NAV and the share price is faster expansion. City Pub Group has four large openings in 2022, of which Damson & Wilde in Bury could be one to provide the catalyst for the company to hit the accelerator.’"

These are due on Monday 13th June and, even though GROW's share price and markets generally have dropped considerably since the 28th April Trading Update, there should be some rebalancing back towards NAV in the next fortnight.

"Highlights:
· NAV per share (unaudited) is expected to be not less than 929p (31 March 2021: 743p).
· Gross Portfolio Value (unaudited) is expected to be not less than £1,529 million (31 March 2021: £984 million).
· Gross Portfolio increase in fair value (unaudited) is expected to be not less than £360 million (35% excluding currency movements) over the year (year to 31 March 2021: £359 million)"

Try downloading the CPC App as there are some special offers if you use it

Seeing Machines have a solution for that...

"Pilots who ‘fell asleep’ while flying plane sparked terrorist hijacking response"

"A captain of Italy’s flagship state airline has been sacked after he allegedly fell asleep at the controls, leaving traffic controllers unable to communicate with the plane for 10 minutes...."

https://www.telegraph.co.uk/news/2022/05/29/pilots-fell-asleep-flying-plane-sparked-terrorist-high-jacking/

More good photos and publicity in another Cambridge newspaper

https://www.cambridgeindependent.co.uk/news/fun-and-lots-of-games-as-cambridge-pub-the-tivoli-reopens-it-9256244/

Looks interesting. A lot of money was invested in the refurbishment but it should prove to be very popular. Just opened on 25th May.

https://www.cambridge-news.co.uk/news/cambridge-news/gallery/tivoli-cambridge-pub-reopening-revamp-24007504

https://www.cambridge-news.co.uk/whats-on/food-drink-news/the-tivoli-pub-relaunch-review-24068208

On LinkedIn this afternoon K3C reported they were the most active financial adviser in 4 UK regions in Q1 2022 so this bodes very well for June's results.
* South East: 40% more deals than any other adviser
* Midlands: 29% more
* East of England: 33% more
* Yorkshire & Humber: Rose from 4th to 1st and had 14% more deals than their closest competitor.

MasterRSI, some helpful and interesting posts here and on Advfn but it seems you're pretty new to the K3C boards. Were you alerted to K3C based on charting?

Agreed Surprised, I believe K3C has to climb significantly on or before June's results.

Good stuff rivaldo, I've looked into them before. Last June they increased their holding from 8.4% to 10.4% when the price was approx 590p so it's a vitd of confidence to see them buying in the 700's.

I'm expecting a strong year for earnings.

A reminder of an excellent article by Martin Flitton back in Feb when he met John Rigby. Shares are down 30% since then but it makes little sense.

https://martinflitton1.wixsite.com/privatepunter/post/k3-capital-looks-well-plced-for-growth-11-02-22

I've topped up the ISA at 233p and K3C is now the #1 share in my portfolio. I'm a long way down at the moment but I'm keeping the faith that the company is severely underrated. Fingers crossed for great results next month.

Bought in Trading at 76.88p this morning to supplement ISA investment (avg 101p). I've been wrong before but can only foresee a rise tomorrow as I suspect trading in the last few months has been very strong and debt wiped out by the sale of 6 pubs.
Results are up to December but the future looks bright.

I'm confident that K3 Capital is growing quickly and diligently but, like other investors, I'm disappointed in the shareprice drop in recent months. However, just 2 weeks ago K3C named Numis as their new nominated adviser and corporate broker. Amongst the broker's roles is advice on market conditions and generating investor interest so I'm hoping and expecting that there is an improved marketing effort to explain to a wider audience what K3C are achieving and how bright their future prospects are.

K3C issued a Trading Update 'significantly ahead of market expectations' on April 14th last year and the shareprice climbed 15% in the following few weeks. Something similar this year would be welcome and not unexpected as the acquired businesses bed in and contribute morede to the bottom line.

I topped up on K3C in Mrs W's ISA at 259p.

Incredible win for IQGeo Group as they are named as the geo software partner in Brightspeed's $2bn US fibre rollout. IQG too cheap with a Market Cap of just £86m. There should be amazing Software as a Service (SaaS) sales ahead so I topped up again this week.

"IQG will offer its geospatial software platform to aid network planning, design, construction, and maintenance processes."

https://www.lightwaveonline.com/fttx/ftth-b/article/14270508/brightspeed-begins-ftth-deployment-countdown

Topped up again today. Selling the 6 pubs made them debt free and pubs, in London at least, are busier than ever. I can easily foresee a jump of 20-25% on the next set of results.

Still my #1 holding. I can wait...