Kromek Share Discussion Threads

[quepassa] 19/5/2021 10:29

CZT - Cadmium Zinc Telluride is nowadays used by many major manufacturers for imaging/spectography.

For example, look at this stunning 3rd Generation whole body scanner manufactured by General Electric HealthCare who are producing interesting products for medical body imaging:-

hXXps://www.gehealthcare.co.uk/products/molecular-imaging/nm-ct-870-czt


It's also interesting to look at the GE pull-down tab for other medical products.

Kromek are certainly up against some heavy-weight competitors for imaging.


ALL IMO. DYOR.
QP

[b00mb0y] 19/5/2021 10:15

This has turned out to be a classic AIM con company. Ticker symbol should read CON not KMK. Never ever delivered yet massive promises and excellent world leading products. As I said earlier “there could be no turning back from here”. Is this really Good night Vienna?

[slicethepie] 15/5/2021 08:18

This needs to be part of a bigger group, it definitely has some excellent ip but it's size means it is unable to exploit its potential. Time for shareholders to encourage them to consider a strategic review.

[b00mb0y] 14/5/2021 12:00

Tidy sum. Not avidly

[quepassa] 13/5/2021 13:09

Yes, your 3,000,000 figure is near as dammit spot on. - To be precise, 2,998,750 shares.


The CEO owns 0.69% of shares following the recent Placing.

Prior to the latest Placing/Offer in February, the CEO had 0.86% of Kromek's outstanding shares.

Of course, the transaction diluted all shareholders.

It's a choice if you wish to see yourself diluted or subscribe/make purchases to stay level.


ALL IMO. DYOR.
QP

[33mick] 13/5/2021 12:55

Well for the record off Sharecast site.

Not sure how accurate it is.

Arab Basu - 3 million shares
Rakesh Sharma - 374,856
Lawrence Kinet - 300,000
Chris Wills. - 178,000
Jerel Whittingham. 114,900

Plus yesterday's purchase..

So not exactly as you'd have us believe.

[quepassa] 13/5/2021 12:52

In February , Kromek raised another £13m via a Placing and Open Offer.

I think that's the fifth fund-raising in 6 or 7 years.


In fairness, the CEO did take part in the fund-raising.


He subscribed for 16,750 shares for a value of £2,513.


ALL IMO. DYOR.
QP

[aqc888] 13/5/2021 11:40

The total amount of share purchases by all directors of Kromek in the last 6months. A company which is hovering around record lows - which is said to be 'back on track as commercial activities really ramp up’, a company with a new revolutionary detector in the pipeline... And the entire board have invested total of £10k?!?! This is a totally and utterly pathetic. If they have no confidence in Kromek, I’m seriously doubting why I should...

[mauricemonkey] 13/5/2021 10:40

Always amazes me that posters expect employees at small companies, who probably don't get paid very much, to magic up hundreds of thousands of pounds to buy huge amounts of shares, whilst still expecting them to pay their mortgage and feed their kids.

Of course, I might be wrong and this guy could be a billionaire - but then why's he at a £65m mkt company.

Further to the second point, there are real security implications and trial effectiveness reasons for not announcing where these detectors are being used. The company works with highly security conscious organisations - what sensors and detectors are in use at Heathrow? Fact is virtually no one knows, and that is deliberate.

[abbynat] 12/5/2021 19:06

maybe he's a bit skint! what do you want, a purchase of 500.000? or 2,000.000?
🤑

[quepassa] 12/5/2021 18:54

Maybe it was the Proactive interview which further added doubt and dubiousness.

It was just waffle.

Vague generalisations about being on track and ramping up. Heard it all before.

It all sounded so hollow and floundering. Nothing concrete. No facts or figures or hard detail.

Everyone interested in Kromek should listen to the interview.

The interviewer asked a question about the covid-sniffer-thingamajig in an airport but got a completely evasive answer.

No mention of the ventilators.

Listen to the Proactive interview.


ALL IMO. DYOR.
QP

[livewireplus] 12/5/2021 18:32

Indeed ... if the Chairman had waited a couple of more hours before he bought'em then he would have got more shares for his GBP 10k :-)

[b00mb0y] 12/5/2021 17:38

I really can’t understand this. Not the best RNS yesterday but not the worst either. And, although not the biggest share purchase by a BoD it’s still a purchase and the share price drops. This is like being poked in the eye!

[b00mb0y] 12/5/2021 17:32

Agreed, QuePassa. At least it’s a purchase but it would have been more inspiring for us PI’s to see something more encouraging.

[quepassa] 12/5/2021 16:29

well, i take that as a sign of little confidence if all the Chairman wants to invest is a diminutive ten grand.

that is not at all much skin in the game on a purchase.


ALL IMO. DYOR.
QP

[livewireplus] 12/5/2021 16:15

.... they do seem to have issued the RNS quite swiftly .... share purchase at 12.12 and RNS at 14.50 ....

[livewireplus] 12/5/2021 16:10

Indeed - the non-exec Chairman splashed out GBP 10k.

[abbynat] 12/5/2021 15:50

at last a director buy! about time too. new confidence, surely its up from here?

[b00mb0y] 12/5/2021 09:15

Arnab seemed to be blabbering a lot in that interview. It still seems, to me, that they need to get a move on and get some positive company landmark results.

[b00mb0y] 12/5/2021 08:38

Those recurring “if’s221; are are getting bigger and bigger as time passes by.

[33mick] 12/5/2021 07:46

It all sounds very positive to me.
If the trails are as expected this will transform the outlook for Kmk for years to come.

[dougmachin] 11/5/2021 23:29

Bosbus - agreed, everything else, there or there abouts, was mullered today.