Kromek Share Discussion Threads

[aqc888] 18/8/2021 19:06

If Kromek gave a little more detail about their ‘potential clients’ they are working with. Had a small statement from these clients in the press about how they hope to be deploying them soon, I’d feel a lot more comfortable about Kromek. I expect to hear this at the trade show on the 14th September.

[davethechef] 18/8/2021 18:15

The 18.67p are buys near 4pm; that's what I was quoted to buy similar ie 100k. 18.55p to sell. That accounts for us up a touch ie tge trades are misleading to read.
Like I said yesterday, that 18p may have been the bottom(one suspects)
The rapid takeover from the Taliban in Afghanistan & greater worries on instability, possible return of unrest, terrorism even spreading in the future, one suspects supports the case for Kromek's security products.
Their up in coming presentations need to encourage/ attract orders.
Hopefully hear an update in the next few weeks, maybe around the time of the AGM.

[dexter1612] 18/8/2021 14:03

I appreciate shareholder nerves in any situation, particularly if it's a short term investment. However, its important to consider engineering and technology with a Kromek style investment. The PR may be clunky and less in your face than other companies and that can be disconcerting for some. I've made the point before, that if you've done your DD, you should be comfortable with the level of product that is on offer here. This is a company that designs complex, real world solutions to defence, medical and others, that is were it concentrates its resources. Investors with that knowledge should look at the fundamentals, excellent given the world that we are now faced, post Afghanistan amongst others. Covid and nations building defence mechanisms and early detection of similar pathogens.My point is trust the scientists and engineers developing the products, it has many tailwinds to help it along the way. Patience.

[33mick] 17/8/2021 23:52

I think you are in the majority with your views Dave, and hopefully we'll all be given reassuring confirmation of the protocols ? NHS lab test result reports sometime soon.

The investors here who have looked a little into the core RNA sequencing Platform tech being used by Kromek and its now widespread sale and use proven accuracy etc are maybe somewhat more relaxed with the impressive progress so far Kromek have made this year.

They have rightly because of commercial sensetivtity witheld naming the actual 3rd party sequencing tech platform they are using. And hence it's rarely talked of here.
Leaving investors to join the dots up so to speak.
The ongoing development and advances in this novel UK miniaturised real time platform is all important , and for sure the unique market advantage here, but maybe not obvious to all as its firmly under wraps.

The confidence regarding accuracy and operation spoken of many times now by Arnab and it's 30 minutes continuous results operation I don't doubt at all from researching the Sequencing technology in depth coupled with a track record of proven product design, using networked systems, with State of the art software use , product release and certification, a rock solid reputation with DARPA and the repeated development contracts means to many a more than balanced risk reward investment.

Will there a few hiccups along the way, with this being a world first and the marriage of novel systems and software driven analysis?
Of course there will be...there is in every new cutting edge new product development.
But I'm quietly confident this will be eventually fully certified UK + States and on sale in various models and specifications at a very affordable cost price per unit.

[davethechef] 17/8/2021 21:48

Not been holding many here for a while, after this taking most of my portfolio(!) I had become a bit uneasy & not too comfortable holding out for the promised positive update, longer than I wished for reassurance; which disappointingly hasn't appeared yet. I've mentioned this for some weeks now.
Mainly holding CORA now which I believe has greater short to medium term potential(sorry O/T)

However, I'm quite ready to re-invest heavily & rapidly on an impressive update. Just need the reassurance that this much praised Covid Detector & their other products have impressive orders lined up.

Over to Arnab & his team to deliver!?!

[strategicinvestor2] 17/8/2021 21:28

They aren’t any presentations planned for the AGM. News will come when they are in a position to release I assume. It could get really exciting here very quickly.

[aqc888] 17/8/2021 20:50

Or perhaps at the AGM on the 8th September...

[aqc888] 17/8/2021 20:47

I’ll pay more attention to your next Kromek prediction Dave! I’m resigned to the fact that the Kromek board of directors have such little trust from investors now (see skid on lse board) that only hard evidence of the detector working from a third party lab, plus evidence of orders from clients will shift this share price up. I’m expecting that to happen on the 14th September at the defence trade show. Until then I predict the share price will keep fluctuating between 18-21p

[davethechef] 17/8/2021 19:30

Two weeks ago today I suggested 18p, within two weeks; when the share price was over 21p.
Certain poster named fanrampasticmate said 'There is nothing to currently indicate a period of reversal that you claim. Maybe best to stick to reading recipes:-)

Apologies owed, hit a low of 18.025p today after two weeks. I'd say that's mighty close! I don't just read recipes Mr R!!!
Bottom seemed to have been reached though. Good reversal. But Arnab please update!?!

[dogwalker] 17/8/2021 18:01

Kromek makes ventilation systems ? Or, if we're ventillating, then we need Kromeck to do the monitoring ?
The penny's dropped, I think..!

[33mick] 17/8/2021 17:40

Urgent call for Covid-safe ventilation in schools



The missing word in that sentence is "Monitoring"... Ventallation And Monitoring..!!

"Six education unions have written to England's education secretary, warning of a steep rise in Covid and "long Covid" when pupils return to classes

Many thousands of teachers are already suffering from long Covid, they say.

"If the government is serious about bringing to an end the educational disruption of the past 18 months then it must provide funding for high-quality ventilation systems as a matter of urgency."

[yus777] 17/8/2021 16:35

nt trade only

[33mick] 16/8/2021 09:45

The Bio/Patho detection system will no doubt be on full 'video' display here too this week I assume with jazzy presentations and bubbly.

"Kromek are excited to be exhibiting and showcasing our range of detectors at the 2021 CBRN Defense Conference & Exhibition."

8/16/2021 - 8/18/2021
Hilton Baltimore Inner Harbor
401 W Pratt Street
Baltimore, MD 21201

At the CBRN Defense Conference & Exhibition you can experience the collaboration across the whole of the Government, with industry, to highlight a team of teams concept, which is a top priority for the Department of Defense. The Pentagon is committed to accelerating and adapting the traditional acquisition process to improve readiness and modernize the Joint Force and respond to our Nation’s defense. Anticipate in-depth discussions on evolving threats, requisite future capabilities and capacities for response and pandemic preparedness, acquisition reform, and the future of warfighter training and readiness.

[aqc888] 16/8/2021 08:51

As someone who has over 10% of their portfolio in Kromek and views it as a strong buy, I’m not very unbiased. But I’m just flabbergasted at how unresponsive the share price is to the upcoming seemingly very positive news regarding the detector. The market doesn’t seem to be interested or believe it works. It’s going to be a very sudden rise I suspect when it’s revealed it works - with the data and orders from clients that have been working with Kromek developing the detector on the 14th September.

[aqc888] 16/8/2021 08:11

So the Annual results seem to say that the machine has performed well in the third party tests - equivalent to a pcr test. Also that they have been working with potential clients. I’d say 14th September will be the very latest date to expect exciting news that hits the headlines... Think it would take some airline like BA to say they are trialling it before it hits the headlines

[fanramptastic mate] 15/8/2021 22:12

yep, exciting times

[strategicinvestor2] 15/8/2021 21:19

Impressive progress…..

[aqc888] 15/8/2021 21:04

Hopefully that moment will come at the dsei exhibition on the 14th September...

[aqc888] 15/8/2021 21:01

Interesting to see that they have been ‘engaged with potential customers for the system to develop future deployment models and identify how it can best fit their needs ahead of further customisation.’;
What we need is for one of these “potential customers” (hopefully a blue chip airline, cruise company?) to publicly state they are purchasing the machine to gather press and wider attention from other potential clients... I think we’ll have to wait for irrefutable evidence that the machine works and that there are buyers for the machine before the share price really starts to take off

[aqc888] 15/8/2021 20:12

Full summary from Kromeks Annual report regarding the biological pathogen detector;

The current COVID-19 pandemic highlighted that the UK is ill equipped to monitor and track the evolution of emergent pathogens, and that we fail to be proactive in the management of outbreaks.
Long before anyone had even heard the word ‘COVID’, Kromek had been working with the Defense Advanced Research Projects Agency (“DARPA”), an agency of the US Department of Defense, to develop a biological threat detection system that senses, analyses and identifies airborne pathogens under a programme established to combat bioterrorism.
The onset of the pandemic allowed us to focus on adapting our technology for applications specifically related to COVID-19 detection. This included work funded under a programme by Innovate UK.
During the year Kromek announced it had developed the world’s first COVID-19 (including variants) detection system using a targeted assay to sample air and confirm if the disease is present.
The COVID-19 detection system is fully autonomous, unmanned, and combines best-in-class technologies for air sampling, biological testing, and data management.
Designed to be used indoors or outdoors, in static
or mobile form factors, the system can be run continuously or as required and actively reports either the presence or absence of COVID-19 every 30 minutes.
• Highly accurate
• Highly sensitive
• Ultra-low false positive rates
• Fully automatic
• Runs autonomously for 24/48 sam

The speed and accuracy of reporting means you need no longer wait until someone is symptomatic
in a group of people. Localised monitoring enables
a detailed understanding of the spread of a disease, allows mitigating actions to be taken such as targeted testing and decontamination. These actions prevent the isolation of individuals, groups, businesses and public areas, thus ensuring minimum disruption to the economy and assures future preparedness.
Of course, the most effective places for this equipment to be sited is in high traffic areas such
as airports, schools, hospitals, and supermarkets. We have engaged with potential customers for the system to develop future deployment models and identify how it can best fit their needs ahead of further customisation.
Pilot schemes for the COVID-19 detection system have been launched at two international airports and have been expanded to include schools and other locations.
We have also engaged in validation of the technology in third party laboratories and the results are very positive for all major markers, including detection levels, sensitivity and false alarm rates, making the technology performance comparable to existing RT PCR test protocols.

[aqc888] 15/8/2021 20:03

From Kromeks annual report released on Friday;

“We have also engaged in validation of the technology in third party laboratories and the results are very positive for all major markers, including detection levels, sensitivity and false alarm rates, making the technology performance comparable to existing RT PCR test protocols.”

[b00mb0y] 14/8/2021 08:38

They should hold the AGM with a packed house of shareholders and a pathogen detector in situ. We could then see the results for ourselves without the need to wait for “the coming days”

[aqc888] 13/8/2021 20:01

Feeling confident Kromek share price will perform exceedingly well in the coming months.

[aqc888] 13/8/2021 19:58

Looks promising, AGM on 8th September, just before the trade show where the new biological pathogen detector will be showcased.

[strategicinvestor2] 13/8/2021 17:42

AGM is on 8 September