Kromek Share Discussion Threads

[brummy_git] 19/2/2020 15:41

FYI – latest valuation multiples for Kromek and other disruptive high tech peers

[kr01] 19/2/2020 13:48

I estimate Miton have another 3m shs to sell, some of which looks to have been done today. That is 3m if the the Smaller Companies fund has to be liquidated. This particular overhang appears to be coming to an end!

[alangriffbang] 18/2/2020 17:29

Wish they would dump YOU idiot ,

[chimers] 18/2/2020 16:48

I keep warning you but still you lose money.

MITON DUMPING

THEY WILL DUMP THE LOT.

THEY WANT OUT.

[kr01] 11/2/2020 23:48

Considering that this Miton fund is a forced seller dealing with redemptions - and the market knows this - the share price is holding up pretty well. Clearly being supported, bodes well... GLA

[lees65] 11/2/2020 14:29

Going up.... maybe if the fund was a forced seller they have now sold what they need to.

Either way if the price is artificially low due to forced sales by a fund that needs assets back for investors - it is a great opportunity.

[alangriffbang] 10/2/2020 18:36

Wish we could dump you ,!!!!

[lees65] 10/2/2020 18:15

hxxps://citywire.co.uk/funds-insider/news/gervais-williams-insists-he-can-bounce-back-as-fund-shrinks-75/a1317959

Miton may have to sell Kromek?

They owned c.£1.6m in Dec so may be a forced seller, which means once that has played out it will go up.

[chimers] 10/2/2020 15:57

MITON ARE DUMPING.

[chimers] 10/2/2020 15:56

THUD!!!


IDS.

[cerrito] 10/2/2020 08:18

Thanks standish11
I see that the Microcap fund is a closed end one so no danger of it being a forced seller like the Smaller companies fund.

[standish11] 08/2/2020 22:02

KMK was I the Milton UK MICROCAP fund as at 31.12.2019 per following. Hope this assists.

TOP HOLDINGS (31/12/2019)
Rank Largest Holdings %
1 KAPE TECHNOLOGIES PLC 7.00
2 CERILLION PLC 4.10
3 FRONTIER IP GROUP PLC 3.60
4 KROMEK GROUP PLC 3.30
5 ROCKROSE ENERGY PLC 3.30
6 MTI WIRELESS EDGE 3.20
7 CENTRALNIC GROUP PLC 2.70
8 CORERO NETWORK SECURITY PLC 2.70
9 AQUIS EXCHANGE LTD 2.50
10 AMINO TECHNOLOGIES 2.40

Per Trustnet.

[cerrito] 08/2/2020 21:27

I was interested to read on the Sharesoc blog an article on our largest shareholder LF Miton UK Smaller Companies Fund and their poor performance overall.
The article comments that they are an open ended fund with quoted but still pretty illiquid assets and so in theory could be a forced seller.
I cannot find on either the Miton website or the Trustnet one a detail of the fund size on a monthly basis.
I do note that as per the Miton website at Dec 31 the fund size was £56.9m and Trustnet have £45.9m at Jan 31 which would suggest prima facie quite a drop in a month but I have no idea if this is accurate and if so due to redemptions or a drop in portfolio value.
I see that Kromek is not listed as one of the top 10 holdings as per the Trustnet January fact sheet but was no 6 as per the Miton December one.
A reminder that the Fund had a 20.1% holding in April 2019. More recently they went down from 18.75% to 17.39% on December 23 and again down to 16.94% on January 7th-but it has been a quite leisurely reduction.
I have to say I have not focused on this before; while Miton is a shareholder in some of my holdings I hold none of their top 10 and indeed if truth been told there were many of them I have not heard of.
Comments welcome

[alangriffbang] 07/2/2020 13:07

Don’t take any notice of this village idiot ,he has posted On the IDE site a good report and guess what he share price is down , he deserves a medal for the worst tipster ,

[susiebe] 07/2/2020 12:50

Buying and selling actually pretty evenmms after shares before news imoThis has been moving up quite steadily recently so mms balancing their books is pretty standard and definatly not a sign of dumping shares!Does STs ego good I suppose if you think otherwise!

[chimers] 07/2/2020 12:06

You all got SUCKER STIFFED.

Let me enlighten the recent buying was punters trying to anticipate Simon Thompson at the IC.

They gambled on him naming KMK as one of his tips of the year out last night.

THEY LOST!!

The dumping has begun.

[susiebe] 04/2/2020 16:33

Good volume today and excellent finishHave a feeling news is close

[techno20] 26/1/2020 22:08

New VT produced. Well worth a listen. Nothing new, but a very professional delivery from AB.

hxxps://www.kromek.com/news/an-interview-with-kromek-ceo-dr-arnab-basu-video/

[alangriffbang] 10/1/2020 20:36

And up they go ,ha ha ha

[chimers] 09/1/2020 19:27

MITON DUMPING MORE...........JUST ANOTHER 58 MILLION SHARES TO SELL BEFORE THEY ARE FINISHED.

[chimers] 08/1/2020 15:09

Just another reminder........

....this one is from 2015 I can show them all if you wish..
but it's easier to just change the date 20 TIMES!!




Dr Arnab Basu, CEO of Kromek, said: "Kromek achieved another year of strong revenue growth. We were adjusted EBITDA positive in the second half reflecting excellent operational progress and increased sales across all our key target markets. Our investment in additional sales and marketing resources is bearing fruit as our products gain traction worldwide with strong demand from current and new customers.

"The Company is also pleased to simultaneously announce at the same time as these results a firm placing and an open offer to raise up to £11.0m from both existing and new investors. The cash raised from this transaction will assist with the execution of our growth strategy and to leverage our established position and strong partnerships with global OEMs and government agencies. With contracted revenues for the year ahead currently totalling 60% of the Directors' expectations for the year, a clear path to capturing revenue opportunities and a stable cost base, the Board is confident in the prospects of the business and delivering significant shareholder value."

[susiebe] 08/1/2020 14:57

Just a reminder....Dr Arnab Basu, CEO of Kromek, said: "This year has seen a focus on executing on the previously-signed agreements and commencing delivery on the multi-year contracts won in recent years. This has resulted in record first half revenues. We have seen an increase in adoption of our next-generation products in the medical imaging market and an expansion of applications for our D3S platform. Consequently, our product sales have seen a year-on-year increase of 53% and account for 82% of revenues in the first half."Kromek entered the second half well-positioned to report its highest ever full year revenues as delivery of high value, multi-year contracts continues to ramp up. We are delivering on contracts worth nearly GBP100m won over the past three fiscal years in our target markets of medical imaging, nuclear detection and security screening as customers commercially deploy their next-generation CZT-based products. Additionally, we continue to experience growing demand for our flagship products, which is expected to convert to further orders. As a result, the Group has visibility of 90% of expected revenue for FY 2019/20 based on delivery of the contracts already won and supported by a strong and increasing pipeline. The Board expects to deliver significant revenue growth and EBITDA profit for full year in line with market expectations."

[chimers] 08/1/2020 11:27

Tell me this oh wise one...WHERE HAS ALL THE MONEY GONE?

SERIOUSLY ...WHERE HAS IT GONE?

Where are the profits?

Borrow £20m from shareholders and produce a £2.5m loss....how does that work exactly?