Kromek Share Discussion Threads

[strategicinvestor2] 26/10/2021 11:06:10

Exactly £0.9m to bottom line every year is excellent news - suspect will be a very prudent estimate as only single roll out IHMO DYOR

[aqc888] 26/10/2021 10:31:40

£17m contract. From memory the broker says Kromek works on a 52% profit. That’s £6m profit over 7years?!?! Or is the little boy who cried wolf at it again? Kromek up 0.6% on news of a huge additional yearly profit for 7years. Will probably be in negative territory by the end of the day. The management have zero credibility. Professional investors don’t believe it. Increasingly small investors don’t believe any of it. And most devastatingly the founder and CEO doesn’t believe any of it with his 0.86% holding.

[strategicinvestor2] 26/10/2021 10:04:27

Excellent news today - celebrate

[davethechef] 26/10/2021 09:40:13

Indeed; continued vague RNS details & still no update on sales of the covid detector!

No surprise to usual share price performance on news releases.
Disappointing!

[bosbus] 26/10/2021 09:00:49

Much as I need the share price to rise, this is not yet a 17m contract and QP is spot on. I've been holding for years and "up to" is not the proper way to report a contract.
If you buy a lottery ticket you can win up to many millions but you probably won't

[b00mb0y] 26/10/2021 08:53:49

So we can expect a small bump up in the share price but end up down at market close today. Just saying……

[mauricemonkey] 26/10/2021 08:44:10

“They need to say who the counterparty is”

Why? Are some $ worth more than other $?

Also, if you can sell it once, you can sell it again. Obviously there’s a finite market but the company they sold to will have competitors or at least peers so there’s more chance of further sales.

[dexter1612] 26/10/2021 08:30:17

7 year, US based contract and the usual suspects are shouting about credibility!!...irony anyone?

[strategicinvestor2] 26/10/2021 08:07:51

Should see nice rise to 20p plus hopefully in coming days… IMHO DYOR

[babbler] 26/10/2021 08:00:24

keep trying. Who cares this is a new contract and new revenue. Took your short by surprise?

[quepassa] 26/10/2021 07:59:39

Yawn.


What happened to the ventilators?
What happened to the covid-sniffer-thingamajig??
What happened to the 4/4/14 UP TO $159m 7 year contract???


If they want to add credibility, they need to say who the counterparty is and how much the initial order is for.

ALL IMO. DYOR.
QP

[strategicinvestor2] 26/10/2021 07:50:51

Fantastic contract - well done all at Kromek

[btgman] 26/10/2021 07:29:30

This books revenue for years. Exactly what an acquirer will be looking for.

AIMHO
GLA
BTG

[dougmachin] 26/10/2021 07:22:29

This is a huge contract, totally agree.

QP - You're clutching at straws now IMO.

DM

[btgman] 26/10/2021 07:15:07

Fantastic news for Kromek this contract supports Cenkos price target of greater than 50p. It is noted that 21/22 broker turnover was forecast as £15m. This is a huge contract.

AIMHO
GLA
BTG

[quepassa] 26/10/2021 07:11:58

Another "UP TO" contract.


Come on, why don't they just say how much the initial concrete order amount is for.

UP TO $15m over seven years

Annualised equals $2.142pa = £1.56m pa (UP TO).


As always, no mention of the counterparty.

Who can say/know guess what "UP TO" means.

ALL IMO. DYOR.
QP

[strategicinvestor2] 25/10/2021 21:01:59

Kromek exhibiting in US, Spain and UK in coming days. Positive to see them out there.

[b00mb0y] 22/10/2021 17:33:46

“Status Quo” down down deeper and down.
KMK share price “ down down deeper and down.

Status quo- the current state of affairs

[aqc888] 21/10/2021 14:54:48

Do you remember Neil Woodfords fund that invested in a company called Industrial Heat? It was a big embarrassment. Co-investors were Hollywood widows and the guy running it had a dubious scientific reputation with various allegations. Anyway, it caused much embarrassment, many questions about his due diligence and caused faith in his expertise to be damaged. My point with Kromek not having any institutional investors is that it’s a bit of a worry. Fund managers either see it as a poor company, or a risk of it blowing up in their faces causing embarrassment. Or it’s a great opportunity for small private investors to exploit an area larger players don’t want to touch because if it’s dubious claims.

[dougmachin] 21/10/2021 14:34:57

Even these so called institutions are full of individuals making decisions.

I would say better to trust some PIs who have made their own decisions with their own hard earnt cash, than institutions that can employ staff that can just walk away.

Institutions that are playing with other people's money.

Give me the Newlands over institutions and their phat fees any day.

Also, from all these institutions (or PIs through these institutions if that's what you want to call them) + the Newlands, they can't all be inexperienced dim-wits.

Major Shareholders Shares %
Hargreaves Lansdown Asset Mgt 53,871,188 12.47
Interactive Investor 50,946,414 11.80
Canaccord Genuity Group Inc 35,994,999 8.34
Halifax Share Dealing 26,511,039 6.14
Polymer Holdings 21,940,142 5.08
Herald Investment Mgt 21,080,059 4.88
Barclays Wealth 15,234,612 3.53
A J Bell Securities 14,929,617 3.46

I agree though BTW, Kromek, give us some more news pleaseeeeeee.

DM

[dougmachin] 21/10/2021 12:47:45

IMO...
- There's some element of truth in what AQC888 is saying, I would prefer more "delivery" from KMK for sure.
- But those moaning on about what you consider to be a bad investment, certainly not my style.
DM