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K3 Business Technology – “Trading Update” = Profit Warning Deferral?

By Steve Moore | Tuesday 18 June 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Business software, cloud and managed services group K3 Business Technology (KBT) “is pleased to provide a trading update for the six months ended 31 May 2019” and it commences; “The group continues to progress well, with the benefits of transformation initiatives coming through across all key areas of activity, and the board believes that K3 remains on track to meet current market expectations for this year”… “although”. Uh oh…

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