K3 Bus Tech (#KBT) £13.5m placing at 330p, makes £8m acquisition
- 2016-04-24 23:17:05
K3 Business Technology (KBT) has announced results for the six months ended 31stDecember 2015 and the following updates on these following a post-announcement chat with management.
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”
Towards the end of last year, I wrote that my first tip of the year for 2015 was K3 Business Technology (KBT) at a 225p offer price (for my most recent updates on my other two see HERE and HERE), with I concluding that I sensed that 2015 is the year when everything really falls into place at K3 – see HERE. I now update with the shares currently at around 350p…
Having more recently updated on tips of the year Vislink plc HERE and Impellam Group HERE, I now update on my other selection following some recent announcements and research updates…
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...
K3 Business Technology Group (KBT) might not have been a share you were aware of until now, but it can be seen on the daily share price chart how there has been a slow and steady build to the upside over recent months.
Having updated on one of my three tips for 2015 earlier HERE, the following updates on another – K3 Business Technology (KBT), which was recommended at a 225p offer price HERE…
K3 Business Technology (KBT) was my first tip of the year for 2015 and, post a recent acquisition and research update, the following updates…
Steve Moore and I have been big fans of K3 (KBT) for a while on the Nifty Fifty and the share tip has done us proud. Our confidence was bolstered by this confident presentation at the UK Investor Show 2015.
K3 Business Technology (KBT) was my first tip of the year for 2015 and, post recent results and a research update, the following updates on developments so far...
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...
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”.
Having recently re-capped on my 2014 selections HERE, it is now time to repeat the exercise for 2015 and so here is my first tip of the year…cue drumroll
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.






