Updates

Kainos - Gain to date: 213%

December 2019

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.

Once again, excellent interims from Kainos with sales up 29% to £86.9m, pretax profit up 27% to £12.8m and eps up 27% to 8.4p. Cash was £41.3m after spending £7.4m to purchase its new HQ in Belfast. Within the statement, Kainos said H1 sales orders totalled £99.5m, surpassing the prior year’s H1 of £90.2m by 10%, which had itself ballooned on the year before - but whilst H1 in the prior year included big workloads in NHS Digital, Defra and Land Registry, this time there has been softer contract award activity from the UK government’s digital transformation programme (due to the election, Brexit, no spending review) but it is per plan as Kainos had already made huge inroads into ...

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Kainos (October 2020)

Kainos -Huge beat on forecasts and special dividend (September 2020)

Kainos - Helping government deal with COVID-19 fallout (May 2020)

Kainos - Headcount +26% to 1470 : best proxy for growth (June 2019)

Kainos - Employee number reaches 1,300 (January 2019)

Kainos (October 2018)

Kainos - All going well for government digitalisation (May 2018)

Kainos (January 2018)

Kainos (October 2017)

Kainos (July 2017)

Kainos (May 2017)

Kainos - Government digital side trading strongly (October 2016)

Kainos (July 2016)

Kainos - 88.7% of sales repeat in nature (May 2016)

Kainos - Evolve document management software going gangbusters (April 2016)

Kainos - Order backlog +54% to Â£56.7m (December 2015)

Kainos (September 2015)

Kainos - 88% sales repeat in nature (August 2015)

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.

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