KR1 Share Discussion Threads

[74tom] 27/8/2020 09:02

Bid is now up to 12, as usual it'll start to attract more attention as it rises... Agree re astounding potential. It is a truly unique share & incredible that it remains a 16m market cap.

Several things stand out:

- Lock drops : the recent investments in Plasm & Edgeware had no financial cost to KR1, just the opportunity cost of locking ETH away for a period of time. So they are creating significant value out of thin air just from supporting new projects. Their main limiting factor at present is the number of ETH that the hold, if they had 0.4% of supply, as they do with Cosmos & Polkadot, they would have 449k ETH (& $179m!) and could support pretty much anything they wanted to in a big way.

Going forwards, I expect the lock drop model to scale significantly & they can allocate their 1.2m ATOM & 4m DOT tokens between staking & lock drops. Thus by supporting the right projects at the earliest possible stage, they can create huge value without any funding requirement. It may even be possible to earn staking revenue & lock drop at the same time...

- Staking yields : with the addition of Dfinity, Eth 2.0 & Bluzelle to their current Cosmos & Polkadot cash flow, they could be bringing in between £2-5m per annum of cash. Together with the lock drop method, this should mean that they never have to raise capital again. Indeed, it's impressive that they haven't raised in 20 months, and per their RNS's 2020 project related cash flow is positive $841k, easily covering operating costs.

On a medium to long term horizon anything appears possible here, it's conceivable KR1 could be a 100 bagger from these levels; £10 per share being a £1.3b market cap assuming no further dilution. A dream at present, but a mighty exciting one!

[botak54] 26/8/2020 17:49

Courtesy of Trojan from the LSE bb, The news just get,s better and better

Keld van Schreven, KR1’s managing director, added: “MetaCartel and all the individuals involved are a highly credible and hugely influential community including the best and brightest people, which will serve it well as it grows. MCV may very well serve as a future model on how to manage and govern capital in the future.

Just google Pro Active
[...]


Its actually quite astounding when you think of the potential here ,S{P just has to explode NEX platform liquidity issues or not

[74tom] 26/8/2020 16:43

It’s early day’s but Polkadot‘s value growth since listing is really impressive - at its current $6.10 KR1’s holding is now worth more than $24m, greater the market cap by itself... Amazing that they hold around 0.4% of the DOT supply!

[slicethepie] 26/8/2020 13:25

Sp would go to a premium to nav as investors would ignore any concerns over liquidity. It's a no brainer once they get visibility on returns and if share price is not reflecting the underlying

[74tom] 26/8/2020 11:13

With Polkadot + Cosmos staking revenues forecast to be around £2m per annum at current yields / prices, it can't be ruled out in the medium term. They must already have a decent cash balance given recent profit realisations, I'm sure a good chunk of this is earmarked for re-investment, but a div policy of say 25% of staking revenue would be innovative and incredibly exciting...

[slicethepie] 26/8/2020 10:41

Just imagine what would happen if they bought some shares for cancellation or paid a div .....

[74tom] 26/8/2020 08:19

Likewise have bitten the bullet at bought some more shares this morning, having considered doing so a few weeks back at 6p...It's even better value now!

The successful listing of Polkadot, growth of the Cosmos valuation & rapid rise of NXM make it a compelling investment alone. The fact we have also have a continuous income stream from Cosmos & Polkadot that is currently forecast to bring in $2.5m in annual revenues is staggering. On top of this staking income we'll soon be able to add Dfinity & ETH 2.0 yield as well.

The fact we're still on NEX is a blessing & a curse at the same time. There is no way you could buy for 12p anywhere else given the recent surge in vaulations, so its an unbelievable bargain. At the same time it's a shame that it cost 1% of your purchase (min £20 / max £50) to buy over the phone via HL, this must discourage a lot from buying. Surely this will change in due course though...

[failedqs] 25/8/2020 13:30

I've had a good look at KR1 in general and in particular the prospects for the DeFi market, and decided to buy a few more shares in the market today. I almost bought more KR1 about 2 weeks ago, and had to pay 50% more today than I would have at that time, but I'm happy that this top up will be a wise move.

[botak54] 25/8/2020 08:31

staggering Asset Growth in NXM,DOT,ATOM
In the words of G,McD
Truth be told, we believe that this is only the beginning

[failedqs] 25/8/2020 07:33

Value of just the top 5 holdings currently circa £30m.
Market cap (based on 12p share price) is £15.5m
Surely a wonderful buy at this level, with so much potential for a rerating.

[botak54] 21/8/2020 09:23

I,m sure all readers on here would agree that both George & Keld keep a modest & conservative outlook on the company,s fortunes and are invariably correct when they do forecast
Once they get the PR sorted ( maybe ditch Peterhouse ) + consider a move off NEX then all holders will be amply rewarded , There is no doubting the BOD,s wisdom within all things Crypto ,Simply Outstanding performance from the leading investments, Both G&K draw a minimal salary and I stand to be corrected but the Team is not that elaborate in terms of numbers so Opex & internal spending is @ a minimum , Imagine the team of analyst,s and clingones that the Big Institutional funds have to financially support ( The Bog paper and mineral water bill probably exceeds KR1 Opex ) to achieve nowhere near the ROI performance that kR1 have achieved within an infantile and highly volatile market
Maybe a few Director Buy,s as Cream on top ???????

[failedqs] 21/8/2020 08:43

Botak - I watched the interview on PA with George - very good update, VERY exciting times ahead.

[botak54] 20/8/2020 16:25

G Mcd on PA TV

hxxps://t.co/eaj4rSbWg7?amp=1


A Whopping $1.2 Million to be Generated from Staking Polkadot Alone ,With Cosmos currently generating $500K + or - And with Dfinity ,Edgeware ,Vega Protocol to come on stream + trading at a Obscene 50% to NAV ,Voted Europe's number1Crypto fund Mr Market we missing something here

[justintime9] 20/8/2020 15:28

Thank you. Appreciated.

[botak54] 20/8/2020 15:01

Wexboy


Wexboy
@Wexboy_Value

Has an inside track to KR1 BOD and all things Kryptonite So credible statements & Figures

[mdk11] 20/8/2020 14:40

Top four holdings Polkadot, Cosmos, NexusMutual & Dfinity are currently worth circa $29m. There is also staking yield income generated as per the latest RNS, plus multiple other projects

[slicethepie] 20/8/2020 14:21

Sii 130,695,850 so mcap circa £15m at 11p, on those numbers more than 50% discount!

[bared_bones] 20/8/2020 13:55

Wexboy on Twitter believes top 5 investments in public domain account for approx usd30m+. You've another 30 or so investments, plus staking income plus cash in bank....

[justintime9] 20/8/2020 13:32

Has anyone got a view on Kr1 valuation?

[botak54] 20/8/2020 08:14

Nexus Mutual now $61.5 Million eth locked in up 13.16% last 24 hours WITH , NEX Token now a staggering £50.96 up 22.2% last 24 hours
Meep Meep !
DOT reeling from the premature rerate on Kraken & Binance downgrade initiating confusion and a Rat in the Kitchen

hxxps://decrypt.co/39272/early-dot-listing-unscrupulous-exchanges-traders-polkadot

[ironstorm] 19/8/2020 14:41

Great confirmation of those staking revenues. 😎

[botak54] 19/8/2020 12:36

I have no doubts these Boy,s are the real Mcoy , They have established connections and contacts years ago with some of the leading crypto platforms which are only now bearing fruit , George & Keld had the foresight . Business acumen and the testicles to back those attributes when crypto & Defi was literally a seed,s ,Just look @ Nexus Mutual,Cosmos ,Dfinity and the astronomical potential they hold for asset growth & Generating revenue , They can be a bit cagey with there market updates but there sector knowledge is second to none and both G & K deserve the adulation and wealth coming there way -
Truth be told, we believe that this is only the beginning. There is so much
more brewing for Polkadot, from technology upgrades to follow soon that will
enable different blockchains to communicate with each other while sharing the
same security guarantees, to further advances in scalability and much more.
Also, the Web3 Foundation and Parity Technologies are not alone with Polkadot.
There is a buzzing ecosystem from A to Z of projects building protocols and
applications on top of Polkadot's technology. Starting with Acala and Moonbeam
tackling the DeFi ecosystem; going on to Edgeware and Plasm that are aiming to
onboard lots of developers with their smart contract and scalability work; and
projects like Interlay or ChainX, pushing to get more and more assets bridged
into the Polkadot ecosystem in various ways

[slicethepie] 19/8/2020 12:11

Getting a yield of between 2 and 40% on a new emerging project what's not to like!

[failedqs] 19/8/2020 12:05

RNS out - circa $194k revenue from staking activities with Polkadot to date. Pretty good!!......Upbeat narrative as well - sounds like KR1 is well placed to grow rapidly with its current portfolio.

[slicethepie] 19/8/2020 11:09

If people can buy 100p for 50p they will find ways of doing it, the company can help close the gap by better pr etc. But moving from nex does nothing for them other than give them more regulatory hassle and costs