Kromek Share Discussion Threads

[archway1] 06/10/2015 12:44

There is added upside here as it could well become a target for a buyout.

The situation here is a mirror image of that at Xchanging which today leapt to 1.68 from 1.0 on several bids and the start of a bidding war.


Kromek has just secured top quality top drawer chairman and has £11 mill cash
and a strong order pipeline in a fast growing business.

Its set fair to rise even without any bid emerging but a bid is highly possible
as it wont be priced at this level for much longer imo.

[archway1] 06/10/2015 12:42

Kromek's X-ray success

IP-backed small cap's future looks bright

Extensively used by hospitals ,Durham University spin-out Kromek aims to take x-ray technology into new markets using its own patent protected Cadmium Zinc Telluride (CZT) crystal technology.
This is s high risk play that will not suit every investor but we believe that for those willing to roll the dice there is substantial growth here.
Consensus share price targets are pitched north of 43p implying nearly 60% upside.

The time looks right given the depressed share price and what we believe could be a major boardroom appointment coup.
The £43 m ill company has signed up Sir Peter Williams as its non-executive chairman, a man who has successfully walked the tightrope between academia and commercial markets for decades, including as a UK goverment adviser on science and education policy and as a former chief executive officer (CEO) of Oxford Instruments the world class science and research kit and tools maker.

The appointment implies sound council at the helm of this emerging business, with the political and corporate clout to help the company speed along its commercial sales execution.
Kromek is identifying medical, security screening , homeland security and nuclear radiation detection markets with colour imaging equipment that is affordable , easy to use and that gives instant results.

[archway1] 06/10/2015 12:42

Gervais Williams at Miton must be scratching his head and wondering why on earth he invested in such a company.

If only you had popped up to share your "credibility" with us all sooner them someone might have warned Gervais of his folly.

Oh well , too late he will just have to make do as best he can along with the National Farmers Union and Schroder's Standard LiFe , Herald Investment and a few other foolish corporate investing giants.

[archway1] 06/10/2015 12:37

More posts means more attention more attention means more posts which means more interest in this major recovery play.

[archway1] 06/10/2015 12:35

Best you pop it in the post office next time old timer.

[archway1] 06/10/2015 12:35

I can go all day how long can you go for ?

[archway1] 06/10/2015 12:35

Best you pop it in the post office next time old timer.

[archway1] 06/10/2015 12:34

Oh and thanks for helping get this share and thread the attention they both deserve.
Couldn't have done it without you.

[archway1] 06/10/2015 12:33

If trade buyers emerge now when they can get a bargain then the share price should see considerable upside from here.
However with Sir Peter now as Chairman a lot of doors will be opened to them
and it should finally start living up to expectations.
Lets hope we get more news and info soon.

[archway1] 06/10/2015 12:32

Best you pop it in the post office next time old timer.

[archway1] 06/10/2015 12:29

It must be awesome having in your mind more credibility than Durham University
and a board of directors liberally littered with PHD's and MBA's and BSc's and MSc's ,such educational accolades mean little compared to your own obvious credibility.
Dullards like Sir Peter must wonder in awe at your intellectual prowess and reflect on a life wasted.

Just one other thing, KROMEK SAVES LIVES , what do you do ?

[archway1] 06/10/2015 12:29

The US Department for Defence seem to think Kromek has a lot of credibility hence them placing a large order.
As do airports around the world who trust their tech so much that they are willing to bet the lives on millions of passengers on it!!

I would say that's pretty strong support for the credibility of their product.

If you actually did do your own research then you would of course know this.

As it is you are not fooling anybody with your simplistic deramping.
I wonder how much you lost.

[quepassa] 06/10/2015 12:13

A sure sign to steer well clear of investing in Kromek when a Company has become infested with shareholders of this ilk.

ALL IMO. DYOR.
QP

[archway1] 06/10/2015 12:06

Gervais Williams at Miton must be scratching his head and wondering why on earth he invested in such a company.

If only you had popped up to share your "credibility" with us all sooner them someone might have warned Gervais of his folly.

Oh well , too late he will just have to make do as best he can along with the National Farmers Union and Schroder's Standard LiFe , Herald Investment and a few other foolish corporate investing giants.

[archway1] 06/10/2015 12:06

Consensus suggests revenues going from £8.1 million last year to £8.5 mill in the current 12 months to 30th April2016 and on to around £9 million in 2017.But we believe this looks highly conservative says Shares mag.
More optimistic estimates imply that sales could tot up to £13 million this year alone, and perhaps as high as £19 mill next.

Sir Peters appointment gives us confidence that the reality will be pitched nearer the latter than the former. Furthermore the quality of this ground breaking IP-protected technology could see trade buyers emerge from the woodwork adding to the stocks upside potential.

[quepassa] 06/10/2015 10:22

Ranting. Me??

You just wrote 7 consecutive posts. Try and keep a grip. Or is it too difficult to put more than one thought in each post for you?

What do I do? I finance companies like Kromek to help them build their plans.
You soon get to understand which category they fit into. The good, the bad or the ugly.

Without investors , this company is dead in the water in my view. This Company will need future equity investment and without it, it is unlikely to succeed. If you think the way that Kromek treats investors is clever, you are completely misguided.

You see, that's it with Kromek. They tell you about all these wonderful contracts and are great at endless name-dropping but has that translated into profits? Don't get sucked in.

Kromek displays one of the classic symptoms of university spin-outs. Academics don't necessarily translate well into the purely commercial world.

After their shock Trading Statement in early 2014 which halved the share price so soon after their late 2013 IPO, this is what they came out with a short time later on 4th. April 2014 about a long-term contract with an established SME manufacturer in China:-

"For continued exclusivity the contract provides for revenues of $1.4m and $10.2m in the Financial Years 2014-15 and 2015-16 respectively and the overall value of the contract over the next seven years is up to $159m, subject to the customer meeting its contractual revenue targets. Advanced cash payments totalling $260,000 are expected from the customer in the current Financial Year, part of which has already been received. The first supply commences in October 2014."

Well let's just see if the referenced $10.2m comes through this year. Or indeed the $159million. What is the name of that Chinese manaufacturer?

If you like having a laugh at other people, the biggest laugh is staring right back at you in the mirror.

Foolish investing giants? It's easy to invest when it's someone else's money.

One thing is quite clear Archway, you will never ever make it up the hill to Highgate.


ALL IMO. DYOR.
QP

[archway1] 06/10/2015 09:47

If you have any other pearls of wisdom be sure to share.
I like a good laugh at others expense.

[archway1] 06/10/2015 09:46

Gervais Williams at Miton must be scratching his head and wondering why on earth he invested in such a company.

If only you had popped up to share your "credibility" with us all sooner them someone might have warned Gervais of his folly.

Oh well , too late he will just have to make do as best he can along with the National Farmers Union and Schroder's Standard LiFe , Herald Investment and a few other foolish corporate investing giants.