Kromek Share Discussion Threads

[davethechef] 02/8/2021 16:21

Looking a bit weak; can buy hefty amounts touch under 21p now. It's had a good run.
May dip to 18p, if no news in next couple of weeks. That's my take, for now.

[aqc888] 02/8/2021 12:56

Was very tempted to sell a few, as Kromek are over 10% of my portfolio, and have made some hefty gains. However things are so heavily balanced to the upside I just feel I would kick myself. Can’t see the price falling back too far again, unless the detector machine results are adverse - which looks unlikely given the evidence of DARPA giving Kromek another round of funding last month for the detector and the CEO & Simon Thompson saying the trials are very positive with news in the next few months. The underlying business of the other products is also doing record breaking sales at the moment too. Far too much upside still...

[aqc888] 02/8/2021 09:02

I can see it hovering around the 25p mark waiting for the trial results. Much like it just did hovering around the 15p mark waiting for the final results

[strategicinvestor2] 02/8/2021 08:23

Steady rise to 25p in coming days ahead of news flow before we break out ??

[dexter1612] 02/8/2021 07:57

https://www.bbc.co.uk/news/uk-58052378Re Air particles at train stations, no direct link to KMK but the application is there.

[33mick] 31/7/2021 12:43

It sounds to me as if steady streams of news and updates will be coming from Kromek re the Bio Detection programs to keep Kromek in the news for the rest of the year.

- Multiple Gov departments/agencys in talks
- Manufacturing partners on board 'concrete commercialization steps'
- NHS independent lab protocol testing said to be again - "extremely positive"
- Accuracy said to be comparable to⁹ PCR lab based results.
- Positive customer feed back reported. - -Commercial and Gov markets talked of

For a government or State/city's defence authority
there must be something pretty compelling about installing a network of Multiple bio Covid detection units at say an airport or point of entry that are able to be remotely software up-dateable as new variants become apparent, and even eventually given full DARPA patho functionality.

I'm thinking
It will be interesting to see if both the Airport's / Airlines and Gov and UK Health/Border security departments jointly fund the first international airport installation.

[strategicinvestor2] 31/7/2021 10:34

Yea the DARPA confidence and support behind a global game changing product is exciting.

[ali47fish] 31/7/2021 09:22

so what was specifically in the interview that persuaded you thus

[33mick] 31/7/2021 08:45

Just watched the last Proactive interview again with Arnab on the results day 2 weeks ago now....that's a very confident and possitive update and it's just starting to register on many peoples radar now that the Bio detection arm of the business could be
seriously game changing for Kromek just as all its other core products look to perform strongly on top as well.

[strategicinvestor2] 30/7/2021 15:43

Can’t see many selling at the stage !!

[aqc888] 30/7/2021 12:07

Good momentum, ftse down 1%, Kromek up 3%

[strategicinvestor2] 30/7/2021 11:28

A few short term sellers who may miss the bounce up… overall strong demand

[strategicinvestor2] 30/7/2021 08:43

Hundreds of thousands in similar position to Goldman globally I expect…..

[strategicinvestor2] 30/7/2021 08:32

I’d like to see urgent use in hospitals, airports and schools to control the virus and then upgrade in due course for all pathogens. A game changer.

[aqc888] 30/7/2021 01:06

Goldman Sachs are insisting staff come back to the office. They will not batter an eyelid at a £20k machine or two to persuade people to return. That’s just one company with alit of offices and floors. £20k will not be seen as an unreasonable amount

[aqc888] 30/7/2021 01:04

This will be a ridiculous bargain at £1 per share if the results of this trial are positive

[aqc888] 30/7/2021 01:02

The immediate demand for the detector will be from institutional buyers trying to persuade people to return to the office/university/private schools. They will need these machines to reassure people it’s ok to come back. I’d say globally this market alone would be enough to keep Kromeks order books beyond what they can manufacture. Then there’s all the Far East countries still trying to keep zero covid rates. They’re probably interested in keeping track of covid in shopping malls etc. The UK ONS survey costs a fortune. A detector or two in high footfall areas would be of great interior them. Then there’s the DARPA usage for the machine in all subway stations. That’s before we think of all international airports needing it to prevent the airline industry being shut down at the slightest hint of the next pandemic. Think of all the international airports/terminals/gates. That’s just the main potential users. There will be countless other uses. Keeping a track of new variants of covid etc etc. I think just one of the above suggestions will keep Kromeks order book full. If a couple or more need the machine that’s getting beyond what they can manufacture. They have a lot of ip and no competitors. What more could you ask for? An underlining business that’s profitable now without the machine? Oh yeah, it’s got that too...

[davethechef] 29/7/2021 20:26

World-wide potential possibly; eventually! But aren't we getting ahead of ourselves a bit.
We've not heard anything on how the trials are getting on(except Arnab saying positive) or importantly whether they will be much in demand in huge numbers(they need to sell hundreds +)
In this country I can see the NHS being interested, for one admittedly(they are one of their trial customers I understand) but with Covid Passports being increasingly talked about as requirements to enter venues(which orginally Boris said wouldn't happen!?!) will venues like cash- strapped theatres & other venues ' fork- out' the twenty grand in future years to purchase the detector, when covid numbers will have diminished one suspects to, with virtually all the population vaccinated & having herd immunity benefits too.
I say future years because surely to get the trials over, customers on mass interested, and all those covid detectors made, we're looking next year beyond.
Sadly though future Pandemics may occur & the requirement for them will increase, and there other products as Arnab invisiged, commented on, in those first youtube videos last Summer or so.

[aqc888] 29/7/2021 15:21

I can see this hovering around 25p until the detector results are out...

[b00mb0y] 29/7/2021 14:56

Spread the word, Kwasi. The media may listen to you.

[strategicinvestor2] 29/7/2021 13:10

Brilliant news update . Worldwide potential ……..

[dicktrade] 29/7/2021 12:48

mick,

Excellent news :-))

[33mick] 29/7/2021 12:36

As spotted by 'Promethium' on LSE this morning-

Kwasi Kwarteng, Secretary of State Department for Business, Energy & Industrial Strategy (BEIS) visited Kromek yesterday

Video on YouTube of the visit

[aqc888] 29/7/2021 12:27

On the fast track to 25p

[dougmachin] 29/7/2021 12:00

Some very nice large buys just gone through. I'm back in BTW.

Without wanting to tempt fate, very happy to see the share price holding firm.