Kromek Share Discussion Threads

[uapatel] 12/4/2017 07:46

Thanks for that info Hyperboreus. Hopefully as stated, the CFO purchase, recent placement and contract add a base to this now.

[hyperboreus] 12/4/2017 07:34

Not wishing to comment on anything that has gone before but ST did in fact reply yesterday to patient_investor regarding Kromek in his comments section basically just reiterating his current stance on the Company:

1:17 PM on 11/4/2017
Hi Simon,

Please could you provide your thoughts on KMK share price returning to 26.40p, a fall of some 30% since their inevitable spike in the aftermath of your tip?

Do you still rate the shares a "strong buy"?

Regards
Patient

SIMONTHOMPSON
1:36 PM on 11/4/2017
Patient

I advised buying Kromek shares at 25p on Monday, 27 February after which almost 12 million shares traded in 689 bargains in the following two days. The weight of money continued to chase the shares and this meant that the share price moved up 36 per cent from 25.5p on the offer at 12pm on Monday 27 February to a high of 34.9p on Tuesday 7 March. In my analysis I stated that:

"From my lens, the bottom is now in place and a break-out above the 25p resistance is highly likely, suggesting a sharp move to the 30p resistance level that halted progress last summer. Beyond that analyst's 34p a share price targets come firmly into play."

I can't blame anyone for taking a 36 per cent profit in the space of a week. I would also mention that the Daily Telegraph subsequently tipped the shares which accentuated the rise and a fair amount of that buying was hot money, hence the subsequent fall.

Nothing has changed in terms of the investment case as I still believe that 34p a share is fair value. I would flag up that subsequent to my article, on 24 March 2017, Berry Beumer, Chief Operating Officer of Kromek, purchased 80,000 Ordinary Shares at a price of 29.35 pence per share. Also, Kromek has also been awarded a contract, valued at $990k, by an existing US-based customer, a global leader in aerospace and defence technologies, for the upgrade of the Company's advanced security screening detectors that the customer has deployed since 2009.

I believe the shares rate a buy at 26p.

I hope this clarifies matters.

Best wishes

[petewy] 11/4/2017 23:06

Chimers I can't find the tip on the IC website.

[chimers] 11/4/2017 15:51

Here we go,its off on another run to 40p.
This one should be more solid hopefully.

[chimers] 11/4/2017 14:49

Tipped again as a STRONG BUY from ST in the Investors Chronicle.
26p BUY till you cant BUY no more...........or summat like that.

Oh and by me ....errrrrrrrrrr.....here.

[wisecat2] 07/4/2017 08:49

Good lateral thinking STP, company seem pretty confident about trial results leading to decent orders sometime this year

[slicethepie] 07/4/2017 08:27

Syria air strike will up the ante in "protection" which will benefit our detection business in the us. ISA top up time!

[topazfrenzy] 05/4/2017 13:37

Fresh ISA money here tomorrow?

[petewy] 05/4/2017 09:12

To quote a great capitalist. De share ain't movin'

[topazfrenzy] 01/4/2017 08:05

Kromek was featured in an article in Moneyweek last week (24 March edition), only noticed it last night. Worth a read.

[deeppockets] 31/3/2017 19:21

Well I've done well on his recommendations! Get back under the stone you crawled out from!

[quepassa] 31/3/2017 17:13

Trotters is a playground ramper.

Anyone who has followed his lead , has lost £££;£'s on his pathetic ramping.

Anything he says is absolutely worthless.

Just ignore.


QP

[trotterstrading] 31/3/2017 13:13

QP is nothing more than a troll. Prob a bitter early investor who lost money now spend his days repeating the same garbage over and over again. Ignores very successful funds, like Miton, Herald and Kilick taking very significant stakes during at 20p placing, ignores £1.5m director buy at the same level. YES £1.5m!!!No mention of another £23k director buy in the open market this week, I wonder why these 'insiders' are throwing MASSIVE amounts of their own cash into the company at this stage? Keep trolling QP, KMK is heading to £1 per share within 12 months

[quepassa] 31/3/2017 06:04

I guess it takes one fool to know another fool.


None of your business why I'm here.


QP

[shrewdmole] 30/3/2017 22:44

QP

If you don't like the company why are you here?

TT is a far shrewder investor than you and I and was calling this as cheap at 20p.

So I figure your having a dig at a well researched poster that called the bottom when all we've seen is the 50% fibbonaci pullback.

Shrewdie

[quepassa] 29/3/2017 21:53

Trotters Trading has been proved wrong, wrong and wrong again. He has zero credibility. His forecasts of share price performance have been woeful.

ALL IMO. DYOR.
QP

[trotterstrading] 29/3/2017 16:02

QP just peddles fear and half truths, ignore him, we will see who's view was right before the year is out

[mesquida] 29/3/2017 13:19

wisecat, interesting point about the approaching end of tax year. Hopefully this time next week we can start thinking about the fundamentals again. Thought that Smiths Industries' comments about their AirPort security scanner división the other day were very relevant.