Re: AGM Did anyone go to the meeting? I understand that the new year has started well and that operational gearing is having a positive effect. Half year figures due in August will be interesting.
AGM AGM at the end of this week could provide a very upbeat trading statement. SP moving up ahead of this.
Re: Results Judging from the market today with a few sells, looks like it may be bad, which is surprising.Inns
Results A little late this year. Could this be good or bad.
PB Info [link]
Finals Finals due in the next couple of weeks and although we know what these will say it will be interesting to see what the new management have to say about the current year. Recruitment is in fashion and with KLN valued at £3m they could be attractive at 1p.
Paul Anthony Bell Any info on PB, any problems?
Re: Director Tony Reeves to stay until new CEOS found. Would have thought this would have been sorted before the market was told that Tony was leaving.
Re: Director This is the second DIrector to leave in the past few months and with the departure of Tony Reeves who I believe has done a good job, the door has opened for KLN to go forward quite rapidly. I would not be surprised to see Paul Bell and another of his associates appointed to the Board, the recruitment interests of PB taken into KLN by way of a RTO and a much more dynamic group evolve. KLN could fly in an recovering economy and sector
Director Enter Paul Bell
Update Unusual to have an update but the news is very good indeed and paves the way to what should be an excellent 2015. Loan notes should not be a problem as the major shareholder controls these so I would expect to see a partial redemption with the balance extended. But no serious dilution although liquidity in the shares is a bit of a problem so KLN may raise some cash from shares that will find their way into the free . A great buy over the next two years with a current market cap of less than £6.7m at 2p and the economy and recruitment sector moving forward.
2015 KLN are a must for the coming year IMO. They showed a good recovery in the first half to June and the year just about to finish should have shown further positive progress. But it is the year to December 2015 that will show massive recovery and potential. Recruiters are on the march once again and KLN will benefit. Even at 2p the m/c will only be £6.7m which will substantially underrate the potential. Recruiters are highly operational geared and KLN should easily top £1m as it recovers and grows over the next 18 months. I will follow today's buys and top up for the New Year. GLA
Re: Recovery Yes he did delist Human Capital from the old plus market and it would be this IMO that he could obtain a full quote for if it were it to be absorbed by KLN who are looking to consolidate the fragmented market.Don't know much about Heywood Williams but can remember something going on with PB.
Re: Recovery The climate is much, much better but not so sure PAB being on the board would be seen as a positive. Might be worth having a look at some previous PAB investing examples in companies such as Heywood Williams, HCR Plc and more recently Ultrasis (ULT). The terms for his further investment has sometimes involved delisting. (Gulp)Inns ;(
Recovery I think KLN and the economy are now beginning to show positive signs of recovery. Paul Bell has substantial interests in recruitment as well as holding 64% of KLN and I would not be surprised if some of his interests are injected into KLN. Also one of the Directors stepped down a few weeks ago and I expect to see Mr Bell appointed in his stead.