Kromek Share Discussion Threads

[aqc888] 26/10/2021 18:02

Kromek really need to focus on delivering the results and sales of the biological pathogen detector. That is what they primarily based the £13m fundraising on. If they have any respect at all for investors who contributed to that £13m they will offer an update. Distractions of ‘upto’ contracts won’t cut it. Nor will pathetic buys of £15k by board members. Kromek - you are entering the end of the road of investors patience. I’m still holding some - but all the warning signs on the dashboard are screaming sell

[b00mb0y] 26/10/2021 17:51

What has the result of your journey been? “It’s been an 18-year journey. We did our first acquisition of a Californian business in 2010. We had our first major US government contract in 2008 and we acquired a second US company in 2013, and then listed on the UK AIM market in the same year.” And since the IPO THAT YEAR THE Sp HAS BEEN ON A CONSTANT DOWNWARD TREND! With the exception of a few spikes when insiders and MMs have made some dosh.

[ark87] 26/10/2021 17:48

Arnab giving advice on commercialization when he delivered 75% loss to shareholders and endless dilution over 8 years? "What tips would you give to businesses developing commercial services underpinned by physics and requiring innovation?" "Customers and your own people are at the heart of any strategy; understand the market and look after your cash. Commercialisation is a multifaceted process: science and technology play a part, but at the heart of that process are people. Then there is the market. You need to understand whether the market exists for the technology that you’re trying to apply. People often make a mistake when looking for a gap in the market as there are lots of obvious gaps, but the important thing to understand is whether that gap needs to be filled: is there a market for it?"

[aqc888] 26/10/2021 17:46

All should remember that Kromeks order book is 75% full for this year’s analysts forecasts. This order which ‘might’ make up some of this years forecast still doesn’t reach what’s expected of Kromek in this financial year. Given they have a few more months to make up the rest, but it’s hardly an announcement they are thrashing this years forecasts. Personally I’m extremely frustrated at the opaqueness regarding the biological pathogen detectors results and sales. Who tested the detectors in the accredited tests - unknown. What exactly were the results to these tests other than really good.. - unknown. Have any of the testing partners made comments/indications they want to buy any - unknown. How’s the commercialisation going - unknown. But hey guys we got another ‘up to’ order again. None of the other ‘upto’ orders ever materialised. Kromeks attitude to investors is treat them like mushrooms- keep them in the dark and sh*t on them from time to time. It’s not going to work for much longer Kromek. Get serious or your going bankrupt next time you need a fundraising. Deservedly so. Give us the details you promised months ago. Nobody is interested nor getting distracted by any more games till you give details and sales on the biological pathogen detectors.

[33mick] 26/10/2021 16:50

Not seen this article before, and can't see a date when written, week on my mobile anyway. Case study: Kromek | Institute of Physics hTTps://www.iop.org/strategy/productivity-programme/innovation-survey/kromek#gref

[strategicinvestor2] 26/10/2021 14:36

Proves product and opens to world wide markets is the thing here - exciting

[ark87] 26/10/2021 14:27

Strategicinvestor2 - Isnt "£0.9m to the bottom line every year" the best case scenario with the worst case scenario being near nothing but the reality probably somewhere in between? It's a good RNS but still small potatoes?

[bosbus] 26/10/2021 14:15

edmonda It's not a 7 year $17m contract. read it again and work out why it says "UP TO" It's a small sale to a large US OEM which, IF they like it, they will buy some more each year.

[b00mb0y] 26/10/2021 10:52

There is simply no respect from shareholders anymore no matter how good an RNS may read. This is due to years of promises and years of letdowns. The little rise so far today is perfectly in line with the last 3 months trend line. Kmk sucks.

[strategicinvestor2] 26/10/2021 10:06

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 09:31

£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 09:04

Excellent news today - celebrate

[davethechef] 26/10/2021 08:40

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 08:00

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 07:53

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 07:44

“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 07:30

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

[strategicinvestor2] 26/10/2021 07:07

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

[babbler] 26/10/2021 07:00

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

[quepassa] 26/10/2021 06:59

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 06:50

Fantastic contract - well done all at Kromek

[btgman] 26/10/2021 06:29

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