Ahead of interim results expected in mid March, AIM listed K3 Business Technology (LSE:KBT) has, disappointingly, announced that “due to the deferral in signing certain significant retail deals, coupled with investment in the group’s Microsoft AX offering, K3 will generate pre-tax profits below current market forecasts”. This has seen the share price fall back to 112.5p. Is the reaction overcooked. I write as someone who recommended the shares at 148p before Christmas. Clearly my timing was not great.
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