Market's view on Knights Group .
Published on April 2024
- A stock watcher anticipates positive movement in the stock and hints at an upcoming trading update.
- A noteworthy deal was recently announced.
- Reflections on a 2022 stock drop attributed to fears of fee earners not returning post-Covid, an aggressive acquisition strategy, and receiving a negative employer award from legal professionals, though these concerns are viewed as overblown by some.
- Recent upward movement in the stock has been noted.
- Speculation that a profit warning was due to the Omicron variant.
- A query about the reasons behind a significant 2022 stock drop.
- There is decent stock demand observed.
- The stock is considered cheap based on fundamentals and prospects despite current market challenges.
- Discussions on stock being undervalued based on its fundamentals and the technical challenges it presents, leading to a potential re-rating.
- A stock watcher comments on taking advantage of market dips to buy stocks at bargain prices.
- A significant investment in the stock has been made by a watcher, making it their largest holding.
- A large sell order is identified as potentially causing a dramatic price drop.
- A positive update from KEYS has been noted, indicating a strong sector performance.
- Dividend distribution is mentioned, providing a small financial benefit to shareholders.
- A new investment is made after a period of observation, with high expectations for returns.
- The stock is observed to be in a promising position for medium to long-term growth.
- Confidence expressed by a recent investor after reviewing a corporate presentation, praising the CEO and the stock’s value.
- Half-year results from Knights Group were presented, including a Q&A with the CEO and CFO.
- Market conditions are unpredictable, impacting stock prices, but a significant undervaluation is highlighted.
- The stock is characterised as “cheap as chips” with predictions for significant price increases based on positive news flow.
- A stock watcher notes the stock’s undervaluation and outlines the financial stability and debt management of the company.
- A suggestion for the company to halt acquisitions to demonstrate potential cash flow without the associated costs, indicating a potential increase in market cap.