Kromek Share Discussion Threads

[chimers] 27/12/2019 09:29

Does anyone have any "considered dialogue" about the INCREASED LOSSES AND DECREASED CASH AND INCREASED DEBT?

Let's have somen "considered dialogue" about it?

On you go son....the floors yours...........

I have me popcorn and drink....belt it out son...

[chimers] 27/12/2019 09:27

Has anyone got any "considered dialogue" about the MISSING £159 MILLION CHINESE DEAL?

[chimers] 27/12/2019 09:17

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)



1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

KROMEK GROUP PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer



2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments



An event changing the breakdown of voting rights



Other (please specify):



3. Details of person subject to the notification obligation

Name

PREMIER MITON GROUP PLC

City and country of registered office (if applicable)

London, UK

4. Full name of shareholder(s) (if different from 3.)

Name



City and country of registered office (if applicable)



5. Date on which the threshold was crossed or reached:

23/12/2019

6. Date on which issuer notified (DD/MM/YYYY):

24/12/2019

7. Total positions of person(s) subject to the notification obligation



% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuer

Resulting situation on the date on which threshold was crossed or reached

17.39

N/A

17.39

344,559,089

Position of previous notification (if

applicable)

18.75

N/A

18.75

[chimers] 27/12/2019 09:16

Meantime can you show me ONE SINGLE EXAMPLE of "your" "considered dialogue"

[calijoe] 27/12/2019 09:06

Has anyone tried reporting Chimers to ADVFN? Might be a good way to get him excluded from this noticeboard, since he's deliberately trying to disrupt proper considered dialogue between both Bull and Bear investors.

[chimers] 27/12/2019 08:59

Stockpedia dont seem too impressed!!

"Balance sheet - looks very strange to me. Receivables are £20.8m - that's equivalent to over 2 years's sales, up from an already excessive £13.1m a year earlier.

As noted in the FY 2018/19 results announcement on 27 June 2019, 59% of the balance of trade and other receivables related to the build of amounts recoverable on contract ("AROC"), the majority of which is concentrated with one customer. This reflects the Group's revenue recognition in line with IFRS 15 on long-term contracts and the position was accumulated over the 12-24 months prior to 30 April 2019.
That seems to be saying that Kromek is booking sales & profits through the P&L, but the customers isn't paying Kromek. It sounds as if there might be a potentially large problem lurking here;

I don't like the sound of that one bit. Kromek has a massive, extended receivable, and there's been a delay in expected payment. That screams risk to me. Maybe amounts are being disputed by the customer, who knows? It could all turn out fine, but personally I wouldn't invest where there's any (even slight) question mark over whether a large receivable is going to be recovered or not.

The cash position looks good, at £13.4m, but note there is also debt, totalling £5.8m, which looks odd. Maybe some of the cash is restricted? If companies have both cash, and debt, I like to find out why.
My opinion - there's an interesting note from Equity Development out today, which talks up how great the technology is apparently. I'm sceptical. Given the poor track record, and the high risk from excessive receivables, I wouldn't be able to sleep at night holding this share."

[chimers] 27/12/2019 08:52

MITON ARE DUMPING!!!

[escapetohome] 27/12/2019 08:45

Chimers , how many of these are you continually calling wrong? Thevresult speaks for itself. Is it time to retire?

[alangrifbang] 27/12/2019 08:40

Clear off back to your soggy pizzas ,your way off the mark here

[chimers] 27/12/2019 08:02

Psssssssssssst........................







THUD!!!

[chimers] 27/12/2019 07:28

Brace yersel's its gonna be a sharp hard shock!!

Miton have millions more to dump!!

IDS.

[chimers] 27/12/2019 07:12

I TOLD YOU!!

RNS Miton dumping!!


Merry Xmas...........HO HO HO.

[estienne] 23/12/2019 18:07

He does sound angry like TW but how do you know it is?

[susiebe] 23/12/2019 18:04

Your luck is hopefully about to change!

[alangrifbang] 23/12/2019 16:22

It’s a strong buy in the IC today ,page 14 , now where is the moron chimers ie Tom Winnfrith the soggy pizza man ,

[alangrifbang] 23/12/2019 16:22

It’s a strong buy in the IC today ,page 14 , now where is the moron chimers ie Tom Winnfrith the soggy pizza man ,

[xtrmntr] 23/12/2019 13:39

I'm in. Apologies in advance for the inevitable drop in price.

[susiebe] 23/12/2019 08:34

Wish I'd bought more than I did when these were in the teens!30p+ in the NY imo

[alangrifbang] 17/12/2019 20:55

We could give him a cup for being the worst tipster , he would win by a country mile ,

[matunde24] 17/12/2019 20:21

Are you still around talking out ur crusty pizza oven! Goodness sake chimpy... Go and do one.i did offer u to come Falkirk so I can rinse ur mouth by the sea.. Ur such a weasel. May u be cursed! Face facts. Whatever share you recommend it flops. Whatver you plan to short and deramp . It goes up! Hmmm not rocket science.. So ppl always do the counter action of yours... Realise it chimpy... No one likes you!