2868 days ago
Having been tipped at a 148p offer price at the start of 2013, shares in K3 Business Technology (KBT) have more recently exceeded 350p. However, they are currently back to circa 240p following a disappointing“Trading update” announcement.
2917 days ago
K3 Business Technology (KBT) has updated that “trading in the first four months of the new financial year is ahead of last year” – this in advance of a key selling period of the forthcoming weeks to the end of December.
2951 days ago
Orderly business succession is what we like as investors. Folks get old, folks move on and want fresh challenges but well run companies plan for this and do not make a drama out of what does not need to be a crisis.
2979 days ago
K3 Business Technology (KBT) has announced that Adalsteinn Valdimarsson, who joined as a NED on 11 July, is to become CEO. Chief Executive Officer, David Bolton will step up to assume the role of Executive Chairman and Lars-Olaf Norell will return to the position of Non-executive Director, as previously announced. This is orderly. It shows K3 is well run. Perhaps that is why we are 133% ahead on this share tip.
2990 days ago
K3 Business Technology (KBT) has announced results for its year ended 30thJune 2016 and we’ve had a chat with management. The shares are ahead on the news to 343-352p. Not bad given we tipped this at a 149p offer
3050 days ago
Drat. There is that phrase again. Results for the year to June 30th 2016 are expected to be "broadly" in line. That is stockmarket speak for "a near miss". No wonder the shares fell a tad on the announcement to 310-333p. We are well ahead of our 148p offer share tip but down on a few months ago.
3057 days ago
K3 Business Technology (KBT) has announced an initial £1.27 million and up to £1.45 million acquisition of Merac Ltd, a provider of an electronic point-of-sale and management system for the visitor attractions and leisure sector.
3119 days ago
Steve Moore and I tipped K3 (KBT) at a 149p offer on our Nifty Fifty website and the shares are now 350p bid. Not bad eh? But we are still not selling and to see why listen to David Bolton give a most excellent presentation at the UK Investor Show
3129 days ago
K3 Business Technology (KBT) has announced an agreement to acquire Retail Support International ApS (known as DdD Retail), a fashion retail-focused provider of proprietary 'point of sale' technology, as well as a placing to raise £13.5 million gross (£12.8 million net) at 330p per share to fund the acquisition (an initial approx. £7 million) and for additional product enhancement opportunities and working capital.
3164 days ago
K3 Business Technology (KBT) has announced results for the six months ended 31st December 2015 and the following updates on these following a post-announcement chat with management.
3227 days ago
K3 Business Technology (KBT) has updated that “profitability for the first half is expected to show a significant increase year-on-year in line with management expectations” and that it“remains well positioned to attain market forecasts for the financial year, with high levels of recurring revenues as well as a strong pipeline of prospects”
3352 days ago
K3 Business Technology (KBT) has announced results for its year ended 30th June 2015 and what it describes as“a major contract win for its ‘ax l is fashion’ solution”. The following updates post a chat with the management of a company where we are c100% ahead on our share tip. There is more to come...
3535 days ago
K3 Business Technology (KBT) has announced what it emphasises are “very encouraging” results for its half year to 31st December 2014 and that “we continue to be confident of the exciting growth prospects available to us”. The following updates post a chat with management...
3589 days ago
K3 Business Technology (KBT) has updated on trading in the first half of its year to 30th June “in line with management expectations, supported by an increase in sales of approximately 20% against the same period last year”.
3647 days ago
K3 Business Technology (KBT) has updated that trading in its new financial year to date “has been in line with management expectations” and also announced the appointment of an experienced interim Chairman, Lars-Olof Norell, following the retirement of its current Chair at its AGM.
An announcement on the appointment of a permanent Chairman is to be made “in due course”, with Norell – who “has extensive experience of the technology sector, having spent close to 30 years working at Capgemini, the consulting, technology and outsourcing services company” – to then remain on the K3 board as a non-executive director.
In terms of trading,
3668 days ago
K3 Business Technology (KBT) has announced it has become one of only 25 companies globally (and the first for Microsoft Dynamics AX for the fashion retail sector) to be included in Microsoft's 'Global Independent Software Vendor' programme - “designed to provide key partners with extensive technical, sales and marketing support, including early insight into the future Microsoft Dynamics AX roadmap and marketing funding”.
3714 days ago
K3 Business Technology (KBT) has announced results for its year ended 30th June 2014 and that “with a strong pipeline of opportunities ahead, supported by a stable and profitable underlying business, the outlook for K3 is particularly encouraging”. Good news!
3716 days ago
If you want to hear me discuss ten ways that AIM companies overstate profits with real examples ( including Quenron) I will be doing a presentation on this on 29th September in Clerkenwell London – that is on a Monday evening starting at 6 PM.There will also be presentations by the CEOs of: K3 Business Technology – a stock that I have tipped and HAS delivered, Premaitha – a stock I own and am VERY excited about and Anglo African Agriculture – I know nothing but CEO Andrew Monk is a very sharp cookie. And there will be free pizza and drinks until 9 PM that evening.
However places are limited to 50 and as of today 84% of the seats have already been booked.
To reserve a seat or seats simply email [email protected] stating your name and phone number and how many seats you are reserving.
The event is already 84% booked out so to ensure that you get your seats for a fun packed evening make your reservation now.
I look forward to seeing you on the 29th September at 6 PM at Maribelle’s wine bar, 91, 95 Clerkenwell Road London EC1R 5BX.
Best wishes
Tom Winnifrith
PS the event is free and we imagine that the seats will be booked quickly enough so to ensure you get one please email [email protected] stating your name and phone number and how many seats you are reserving as soon as possible.
PPS. To ensure you get priority booking alerts for future events I suggest you register now HERE
3768 days ago
K3 Business Technology (KBT) yesterday announced a £0.61 million “strategic infill” acquisition of Retail Technology Ltd, a ‘Microsoft Dynamics’-based electronic point of sale provider to smaller retailers. That is more good news for a share where we are already 45% ahead on our tip – there is more to come.
3783 days ago
I am normally pretty rude about the prostitute of the research world, commissioned researcher Edison but today I agree with it. Yikes, I must be suffering from sunstroke after a hard morning hacking away at olive trees. Edison reckons that at 209p K3 Business Technology (KBT) is cheap on the back of a trading update and could be worth 250p plus. Having tipped this stock at 148p on my Nifty Fifty website I welcome Edison to the fan club and I agree with its conclusion.
3785 days ago
Stellar Diamonds (STEL) - has become the third company to sign up to present at the new ShareProphets evening seminars. It will be on stage on Monday 13th October, two weeks after Adam Reynolds from Premaitha (formerly Vialogy) (NIPT) and David Bolton of K3 Business Technology (KBT) will be on stage. We will start taking bookings for each event when all three CEO speakers & the guest share blogger are confirmed and priority alerts for bookings will go to those registered wth ShareProphets seminars. So TODAY...
Since attence at these events - held at Maribelle's wine bar in Clerkenwell - is limited to 50 to ensure that you get priority booking for the talks, formal and informal Q&As with all speakers plus free pizza and drink register now HERE
Registered users of ShareProphets Seminars will get the first alerts on all vents and so priority booking. Register for free now HERE
3902 days ago
K3 Business Technology (KBT) has announced results for the six months to 31st December 2013 – emphasising “the early success we can now demonstrate with our new ‘ax|is’ solution, which has been under development over the last 18 months” and that “we believe that there is significant long term potential to accelerate and widen sales as we develop a global channel to market for our AX solutions and release new product, enriched with our own IP and tailored for specific retail market segments”. What does that mean in English?
4011 days ago
K3 Business Technology (KBT) has updated at its AGM that “the group is trading in line with management targets and that opportunities in the retail marketplace have improved, which helps to support the conversion of our pipeline”.
4081 days ago
AIM listed tech stock K3 Business Technology (KBT) has announced results for its year ended 30th June 2013 reflecting "very weak markets, especially in the retail sector, at a time of major investment in Project Gemstone, which is delivering a new Microsoft-certified AX solution for the retail market” , but reports that it ended the year "very encouragingly.”
4249 days ago
Why do companies issue shares? Because they need cash. Why do they say they are issuing shares? Er….well it is never because they are running out of cash, of course! There are two standard excuses which you see in RNS after RNS and they just do not wash.
The first is that the company is issuing shares “in response to institutional demand.” The most laughable RNS in this vein in recent weeks in this vein came from K3 Business Technology (KBT). Its shares had halved in value and it was issuing shares “in response to institutional demand.” Pull the other one…
4322 days ago
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.
4369 days ago
I initially recommended shares in K3 Business Technology (KBT), an AIM-listed provider of software, hosting and managed services to the supply chain industry, at 145p in August 2007 on t1ps, the website I founded in 2000 but departed from in September of this year. The shares hit 236.5p in 2011 and again traded above 200p earlier this year before falling back to the initial tip price on news on 18th September of this year that the company was to terminate a formal sale process as the board did not believe that takeover proposals received were at a level that it would be able to recommend to shareholders. With the share price at 147.5p following an AGM trading update today, the following reviews this and the current investment case here…
4445 days ago
A couple of days ago I suggested to you that K3 Business Technology (KBT) was something of a nil brainer buy at 148.5p. I am pleased to receive a note from broker FinnCap this morning which suggests that my forecasts are pretty sensible. It rates the shares as a buy at 149p with a 220p target price – my own target price is 212p. Sorry to be so prudent.
4447 days ago
Shares in AIM listed tech stock K3 Business Technology ( LSE:KBT ) are off sharply today on news that talks with potential bidders are finally – after what seems like an eternity – off. Results for the year to June 30th are also out today and are pretty damn impressive and thus, at 148.5p (valuing the company at £42.15 million) the shares are
