Updates and Ideas

Kewill Systems

April 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Over the month we had a very enjoyable lunch with Paul Nichols, chief executive of Kewill, 64p. Our feeling as we came away was that the trading statement due on 20 April shouldn’t contain any unwelcome surprises and that Kewill will hopefully confirm it is on track to meet expectations for the year to 31 March (due 8 June). Broker, Arbuthnot, forecast eps of 1.5p for the year just ended, rising to 3.2p this year and 4.4p next. That may not appear cheap but Kewill will also have cash of £18.2m at the March year end, equivalent to 23p a share. Following the acquisition of Tradepoint in January, two thirds of Kewill’s turnover comes from selling software for the transport and shipping sector in the US. In its orig ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

OneClickHR - Moving into enterprise solutions

Growth Portfolio 2 - April

Kewill - Revised higher bid at 110p (July 2012)

Kewill - Recommended cash offer at 96p (June 2012)

Kewill - Looking unloved on an ex-cash PE of 6.7 (February 2012)

Kewill (July 2011)

Kewill (May 2011)

Kewill (December 2010)

Kewill (September 2010)

Kewill - Buys compliance product for Benelux countries (July 2010)

Kewill - Bid approach at 130p (June 2010)

Kewill (February 2010)

Kewill (December 2009)

Kewill (September 2009)

Kewill - Maersk contract to come in Q4? (July 2009)

Kewill - Boosted by German trade compliance expected on 1 July (May 2009)

Kewill (February 2009)

Kewill (December 2008)

Kewill (September 2008)

Kewill (May 2008)

Kewill - Looking cheap on a PE of 7.3 (February 2008)

Kewill - No financial services sector exposure (December 2007)

Kewill (April 2007)

Kewill (July 2006)

Kewill (May 2006)

Kewill - Recurring revenue >80% of sales (February 2006)

Kewill (December 2005)

Kewill (November 2005)

Kewill - Shipping Management has record orders (July 2005)

Kewill - Acquisitions bed in well (May 2005)

Kewill (December 2004)

Kewill (November 2004)

Kewill - Acquires generic shipping module for international trade (May 2004)

Kewill Systems - Substantial upgrade following acquisition (January 2004)

Kewill - Focusing on SCM software (July 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X