Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Time for some honesty. For a start change the company name. I should not be alone in calling it Smoke and Mirrors. At least then investors would have a clue of the nature of these Durham Boffins. It does seem as if they do indeed have no shame. Is Basu still earning a fat salary for destroying all shareholder value.Surely nobody remotely sane will buy any shares ever again even under the name Kromek !!!!
Wow, now hitting rock bottom, issuing new shares at 1p. Does Basu have any shame whatsoever? Scientists should study his brain, as a medical science freak. Or be put into a circus freak show. "Behold, the man with no shame". Gasps for air will be heard throughout the audience as he is wheeled out for display.
Hahaha. KMK Group say they are confident but no one else is.
Have you bought in yet, mick33?
Some decent product sales could help financing!
That was my immediate reaction, 9.5% isnt that bad !
Not sure what all of us are worried about, they said 3 years ago the provision from the Chinese deal was temporary and would soon be reversed so no working capital issues, also repeated reiterated by the brilliant ST on every occasion.
That is great news...Now no reason for this not to rerate massively.....Simon Thompson of IC will probably do an update.....This now has a clear pathway to multibag......
Another day another begging bowl. 9.5% is actually quite reasonable for a basket case. Its just the other terms seem to ensure the sp remains suppressed till the next raise in six months or less .
Haha they are always "pleased to announce"
This is at now all time lows. New shares to be issued to pay interest of 9.5% and its 65% down this year already!
You have to love AIM
Well said iron!
I think mick33 is the bullsh177er himself. Or is the bullsh177er mick33. Either or…….
Let's brace ourselves for another Simon Thomson write up.
Common Basu and mike33 time to snap up loads of shares in your wonderful company.Plenty of sellers out there at 4p. Now is your big chance to grap a big slice of a company you claim has a great future. Must be worth much more if you believe what you spout.Do not be shy exploit the foolish majority who who think you are snake oil salesmen. Go for it.
Scammed.
Who would take up such an issue so soon after the last one? We need some reliable sales and financial data before any issue would have a hope of succeeding.
Let's brace ourselves for another rights issue
Well, Billyb if the buffoon Basu and his pal mike33 believe all the drivel they keep coming out with ! Both these jolly fellows are busy buying up as many shares as they can at the present wonderful bargain basement sp.
Wonder how much basu the bullsh177er is down on his shares now. Mind you, he gets paid well.
More dilution and still nearly ten times this payment outstanding on the notes, which if my memory serves me were issued at 14p. At this rate there could be another 80 million shares owing just on he loan notes or more as they will probably find the value dropping from the 5.11p paid, now worth only 4.65p in less than 24 hours. Staggering. The truth is these are their only options and not very good ones. Any price predictions from here?
Well ArK87, interesting, wonder if he will "have the bottle" to explain why he is so full of w... and p... but no guts to back his views ? Maybe he is devoted to Baku and cannot control himself or is just a failed comedian ? over to you mike33.
"mike33" Doesn't actually own any KMK shares chaps. I think that's pretty obvious at this point. I offered to donate money charity if he and "strategicinvestor" prove they actually owns shares which was ignored then back to the copy/paste ramps
New all time low. Wow!
Well mike33 you did not answer ANY of the questions put by Stuartrm. Why not ? you believe in Kromek it seems without any good reason..Are you backing your opinions with money. You should be at the present knock down ,give away sp. As Billyb asks are you investing even if Basu is not. Funny that Basu not buying in at less than 5p.
So then mike33. As you are so positive about kmk and have been since anyone on here can tell and, not ever said anything negative about the company, the BOD or the products. Further, after all this great news, why does the SP sit at its all-time low? Why are kmk share sells constantly massively exceeding share buys?
Are you going to buy in or increase your holding?
The good news today about Spectrums new Veriton 300 is proof that they are fully committed to using kmk's CZT tech and are 100% happy with the modules supplied and looks likely they will use kmk's CZT products across thier range, I've also seen that it's been submitted for FDA approval a few months ago.
So with GE, Siemens, Cannon and Spectrum Dynamics all using CZT in thier CT scanners
Philips decision adopt Kmk's CZT modules had to happen to keep up with the competition.
The slightly out of date Philips link below shows their enthusiasm photon counting and efforts to develop a CZT scanner and if they use it across thier range as Spectrum seems to be doing will have a solid impact on kmk's bottom line profitably.
"Enhanced Dose efficiency by enabling the possibility to use less dose and get more information from each photon. Commercially available systems allow for dose reduction of 32% compared to dual-source CT."
the commercially available systems are referring to Kromek whom have been developing this tech with Philips for a number of years.
https://www.philips.dk/healthcare/resources/landing/photon-counting
Is the adoption of the Kromek detector in that machine good news? Technically, yes. The big unknowns include, as is often the case, how many of the machines will be sold, the break-even point for Kromek from those sales, when will that break-even point be reached and the projected profit per machine after the break-even is reached. Unless and until the "good news" has a significant dollop of good old Lsd attached to it, Kromek's past financial history will continue to temper any enthusiasm for such announcements. Small sales, small profits (or even worse a loss) are no use, no matter how wonderful the breakthrough is from a technological point of view. Provide some realistic numbers, please, Kromek.