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Kainos

January 2018

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.

  • Epic Code:
  • KNOS
  • Price:
  • 340p
Lighting the blue touch paper under the shares was the interim statement, with a pretax profit of £7.1m, sales of £41.4m and eps of  4.9p, all broadly flat.With the statement, Irish eyes and SCSW readers too were smiling because Kainos achieved sales orders in H1 18 totalling £63.4m, which is an exceptional 94% increase. Included in this figure is £5.3m of SaaS product sales orders, an increase of 253%. This has resulted in very strong 43% growth in backlog orders to £97.1m. And the profit in future is likely to pour out in cash in time with net cash already up to £27.3m from £20.3m.Kainos is diversifying on all fronts. Coming from a service background, SaaS and software-related ...

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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

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