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K3 Capital - 15% upgrade to eps

April 2021

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:
  • K3C
  • Price:
  • 293p
K3 has said it expects results for the year ended 31 May to be significantly ahead. All business divisions have performed well, with a particularly strong performance by the M&S division, driven by a large volume of transactions. Finncap has lifted its eps forecast for the year by 15% to 13.7p, with 16p pencilled in for next year. The broker lifts its target price to 357p. Buy. ...

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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.

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