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I don’t think mick33 would agree with you, Ik.
Fancy getting paid that kind of money for being pathetic.
... I've just bought a modest lump of this after very little research. Therefore I obviously deserve to lose the lot. That's accepted.
I'm not fussed about the next 12 months. My question is, what's the 24 month sentiment? Reckon we'll be flat, mutibagging, or is it a sinking ship?
Only 450% up from here. Not bad, eh
Arnab Basu
CEO & Executive Director
UK£271.00k
Paul Farquhar
CFO, Company Secretary & Director
UK£192.00k
Albertus Beumer
COO & Executive Director
UK£266.00k
Jerel Whittingham
Independent Non-Executive Director
UK£42.00k
Christopher Wilks
Independent Non-Executive Director
UK£43.00k
Lawrence Henry Kinet
Independent Non-Executive Director
UK£39.00k
Rakesh Sharma
Non-Executive Chairman
UK£80.00k
“a little special me”
Should read
“A little spike”
Criticism ! He has been spouting for 10 years and for 10 years he has got it wrong. Look at the trend line. ICs website KMK graf shows every single ST write up, a little special me then a long decline.
Regardless of any bear market, a good stock/company would never decline the way kmk has.
If you want to know why the share price is going south, Canaccord have dumped some shares to reduce their holding from 12.74% to 9.2856%. Maybe more dumping soon.
Ha. Ha ha. Haaaaaaaaaaaaaaaaa
Welcome Batterseafish , new boy in Town. Well this has been going on for over 5 years now. A long list of promises and good news announcements..The phrase making the same mistake over and over and expecting a different result.!!! The long term you refer to passed many months ago. Some quality Aim shares are out there at low sp values.. Kromek is not one.
Https://www.smithsdetection.com/press-releases/sdi-agreement-with-kromek/
It seems as if Kromek supplies radiation sensors to Smiths rather than chemical detectors.
'The Ministry of Defence (MoD) said thousands of personnel would get access to wearable personal chemical agent sensors that allow them to detect dozens of toxic threats.'
https://eandt.theiet.org/content/articles/2023/10/uk-armed-forces-to-get-88m-sensor-upgrade-to-detect-chemical-threats-in-battle/
I thought that this KMK's bread and butter?
The fact that major shareholders are happy to take more shares is a positive. They have driven a hard bargain and it is they who will benefit if the share continues to decline. I rate this a weak buy as a positive return may still be 12 months away and the share could move lower before it goes higher.
Not sure critism is fair. His recommendations are generally long term value. Always best to hold off buyjng immediately after tip as MM adjust prices. As for Kromek.........no rns issued contradicts the analysis of his most recent article. Of course it could still all fall apart but the recent trading updates are encouraging. Also. lets not forget we are in a vicious bear market on AIM and generally on UK stocks.
Surely you know the term "snake oil salesmen". Not to be taken literally. They are thriving well working out of the Durham area. Whether your pal Simon T. is one i do not know !
Seriously look at his track record. Check the price when he wrote the article and what the price is after. He then writes another article on the same share that dropped since his last one pumping it again and it drops again. How does he get away with this? Its not only Kromek he does it with.
https://muckrack.com/simon-thompson/articles
Snake oil salesmen can make a living? Do they even exist?
Incredible there are still some people out there buying shares in Kromek. No wonder snake oil salesmen can make a living. Truly incredible
HR.
Correct.
AIM not the place to get cash at the moment, even if it's a well run company....
Https://www.linkedin.com/posts/olivier-cannet-98635b29_eanm23-nuclearmedicine-digitalhealthcare-activity-7108119397352775680-jQRv
in Vienna a couple of weeks ago, the first all new CT CZT based scanner by Veriton after the original 400 series design was based on Redlen's modules now taken over by Canon.
VERITON Innovative System Design: 360° CZT
Spectrum Dynamics product portfolio foundation is built on CZT solid-state digital detector technology.
The goal is to maximize the benefits of CZT in routine clinical applications in nuclear medicine departments
Skid35,
Oh yes your right on point 2 on the conversion price, but as you say it will mean further dilution of the current 600,000,000 shares already in issue lol. I think I'm right on points 1 and 3 though.
High-roller.
What is a surprise is that it is kmk who decide whether to pay cash or shares.
On 2. You have completely mis understood this, they will not convert at a 1p price, it's a trailing 10 day market price.
Major issue with The market cap so low it's just more dilution.
"Carrying a fixed interest rate of 9.5% payable quarterly in cash or shares, the refinancing was hailed by chief executive Arnab Basu ..."
1. Why did Basu ask if it could be repaid in cash or shares? That is really worrying. This shows he has 0 confidence in being able to generate any free cash to pay the interest. Why would you ask "err you know, would it be possible to pay you in shares like if you know, we can't pay you in cash?"
2. Why such a low price for the shares. 1p. Couldn't he have said 2p? 1.5p? Basically that's what Basu thinks it's worth to make it attractive to the crazy loan shark.
3. In any case, when it comes to repay (every quarter), do you think Basu is going to pay cash, that might jeopardise paying his 200k salary, or just issue some worthless paper? He is going to do the latter and dilute us even more. Hence: Get. Out. Now
I don't understand Ark87 too why he has managed to keep his 200k p/a job. I thought shareholders owned the company? Why do the big shareholders like kick him out. It's a mystery.
Top 3 mysteries of the universe (in order)
1. How has Basu kept his job
2. Why did the universe come into existence
3. How did life begin on Earth
Haha. Circus - He should be jailed.
And so should mick33!
Blaggards!
51p to 3.8p in 10 years. He has basically lost everyones money but gets to keep his job with pay rises a long the way. Why is Basu not being forced out?