Kromek Share Discussion Threads

[chimers] 27/6/2019 12:39

It is being SOLD heavily into the news spike nearly 4 to 1 best get yer rubber pants out, your gonna need them.

[inaminute] 27/6/2019 12:36

Looks like it's gone up. Don't you like that for some reason? Tough

[chimers] 27/6/2019 12:29

Oh dear seems Simple Simon Thompson is backing out of this one like a thief in the night!!
YER ON YER OWN LADS.

[chimers] 27/6/2019 11:38

Liabilities have shot through the roof they have nearly TREBLED!!

Total liabilities (14,541)

[chimers] 27/6/2019 11:30

So..........less than 2 yrs cash left for this lossmaking dog.

Still........they could always have ANOTHER PLACING lol.

Enjoy suckaaaas....

[chimers] 27/6/2019 11:29

Here we go ...here's the juice.....


Administrative expenses (9,031)

[chimers] 27/6/2019 11:28

Groan...........Increase in working capital of £7.5m

[susiebe] 27/6/2019 11:20

Maybe my 30 target is on for today!Have re read the results several times,just gets better imo

[chimers] 27/6/2019 11:14

Astounding...mebbe next year huh!!

Loss before tax for the year reduced to £1.3m (2017/18: £2.5m loss)

[ali47fish] 27/6/2019 10:06

cant se any rns on lse or hargreaves

[quepassa] 27/6/2019 09:39

well, good luck.

personally in my view only, the explosion in TRADE + OTHER RECEIVABLES from £11.3million to a massive £20 MILLION looks particularly unnerving to me.

let's face it, they don't perhaps have a 100% track-record on their expectations of sales under contracts coming through, do they? Need I mention yet again their infamous 4/4/14 $159 million contract?

Anyone care to say how much has been received under that mega 7 year contract?

ALL IMO. DYOR.
QP

[varies] 27/6/2019 09:19

Thank you, Mortimer, for drawing our attention to the significant improvement in sales and profits in the second half. The profits are after a high level of R&D set against them.
We are nearly all losing money in KMK and need a little cheering up.
If and when KMK moves over 30p, it will be interesting to see whether Chimers perseveres in his or her unremitting blast of expletives or finds something better to do.

[fillipe] 27/6/2019 09:18

Equity Development today reiterate their 35p valuation for KMK and if the company sees further expansion of its business then this would "materially enhance our numbers"

Bring it on!

ST at the IC has been a big fan of KMK and today's RNS will no doubt confirm convictions there - unfortunately the KMK news is probably too late for this week's edition of the IC, although I expect to be reading some very positive review shortly.

f

[edmonda] 27/6/2019 09:15

Latest research from Equity Development available here. No change to forecasts and/or 35p/share valuation, underpinned by almost 80% FY20 revenue cover.
://www.equitydevelopment.co.uk/company/?company=Kromek+Group&c=0ATO

[mortimer7] 27/6/2019 08:50

I think they should be making more noise about their H2 performance in todays results narrative.
At half year, revenue was £3.7m and loss £2.1m.
Todays finals show revenue £14.5m and loss £1.3m.

So effectively the last 6 months have seen revenue of £10.8m and a small profit before tax of £0.8m.

[quepassa] 27/6/2019 07:24

Great results??????


WAKE UP . COME ON.


YET ANOTHER LOSS!!!!



A LOSS IS A LOSS.


£1.3MILLION LOSS BEFORE TAX.


ALL IMO. DYOR.
QP

[susiebe] 27/6/2019 07:19

Wakey wakey!Great results and future confidence.30p today imo