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Looks like a great start to New Year. GLA
Https://cointracking.info/portfolio/kr1
191682 ICP2
Happy New Year all!
Does anyone have any thoughts on how we monetise and look at returns? Is there a planned dividend or anything to attract investment to move the SP. The NAV currently (not end of November) is overtaking the SP easily now but does Aquis limit our exposure in terms of PR.
Just looking at the fundamentals here, and I am invested, and it looks like one of the best Crypto investments I can see - but how doe the SP really move - in any other world people would be investing here based on current state and future state of the company?
A continuous pipeline of projects is good - but there has to be a returns strategy. I just wondered if the longer term investors have any more knowledge.
Ellio trades with his 590k subscribers, had this as a comeback kid, still listed on Coinbase, rejuvenating it’s projects, with a priced to fail chart until recent pump.
Fairly sure we have a holding in ICP Internet Computer since 2018. Noticed it’s 30% up in last 24 hours. Does anyone know the size of the holding?
Nice to be in something where knowledgable proprietors were in earlier than most.
https://www.finextra.com/blogposting/25455/real-world-asset-tokenization-breakthrough-in-2024
They have invested in 9 new projects this year , circa $3.8m. The beauty of this income stream is it allows them to do this without selling !
Anyone hold these in barclays smart investor? This kr1 and COIN showing as £0.00
You’re correct Matti.
I’m still perplexed by the monthly staking income. Nearly £1 million in November. Where is that money going? Obviously early seed investments at times but from previous RNS’s these are usually pretty small. Half a million often quoted. With a good month like November, obviously there are some overheads but what is happening with the rest?
Unfortunately, these NAV updates are always delayed by a month and, given this volatility, are actually pointless at the moment. if this information is correct and reliable:
https://cointracking.info/portfolio/kr1
KR1 NAV
179'448'000.00 / 177'369'520.00 shares = 1.012
the current NAV would then be over £1. is that correct?
Good income from looks of things. Bound to come under someone's radar soon, well, we all have our own target price. ATB LTH
KR1 plc
(“KR1” or the “Company”)
Unaudited Net Asset Value Update
KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value ("NAV") as at 30 November 2023.
Net Asset Value £135,797,000
Shares in issue 177,369,520
NAV per share 76.56p
GBP/USD rate (as at 30 November 2023) 1.2630
Income from digital assets (*) £939,066(*)
Top 10 assets/holdings
Asset GBP equivalent % of portfolio
Celestia ("TIA") £37,667,999 27.74%
Lido ("LDO") £22,380,399 16.48%
Polkadot ("DOT") £19,158,035 14.11%
Cosmos ("ATOM") £12,242,306 9.02%
Lido Staked ETH ("stETH") £8,545,003 6.29%
Zee Prime II £5,174,847 3.81%
Rocket Pool ("RPL") £4,282,250 3.15%
Nexus Mutual ("NXM") (**) £3,661,880 2.70%
Astar ("ASTR") £3,555,373 2.62%
Moonbeam ("GLMR") £3,278,670 2.41%
20p jump - Oct to Nov
wonder what the Dec figures are..
A nice juicy 1 pound hit. this is a stock where all you have to do is wait. get in and wait.
No probs ... unless you panic dumped of course.
My apologies Phoebus - you're quite correct. Headline date was todays, looking further down the actual article was written 30th June. BlackRock etc have put in a lot of work since then.
That's old FUD from June.
First welcome to the board. Interesting figures that end of october our top 5 holdings were £60m ish and checking this morning are now $195m - I think the only wy is up at the moment. Good luck for 2024. I had quit ARB and put it all in KR1. We dont have those sort of overheads
Nice to see this and Coinsilium picking back up. GL everyone 💪
Hi guys - just reading up the November report - just want to check I get it right. Looking at it there is:
Total Asset Value : £99.6m (Increased from 75m to 100m in two months)
Shares in issue : 177.4m
Income from staking : 400k (Monthly?)
Next results due in the then next two days.
Feels like there is a fundamental underpinning the business now on the income and asset appreciation will only increase assets and share price might find it difficult to keep up on Aquis (and listed in US - so positive there).
I often look for a reason not to buy - but cannot see any major red flags here for a crypto play - feels like this is in a good place - especially if there is a bull run - am I missing anything? Are they planning dividends or ploughing returns back in to assets at the moment?
Sorry - been away from the scene for a while and just topping up the ISA and looking to pick up some Crypto plays.
Baby, baby, baby
From the day I saw you
I really, really wanted to catch your eye
Somethin' special 'bout you
I must really like you
'Cause not a lot of guys are worth my time, oh
Ooh, baby, baby, baby
It's getting kind of crazy
'Cause you are taking over my mind
What name did you post under the technical guru tips before you decided to replace santa ? I could do with a few
Sinterklasse - what charts are you looking at ? The rise here is based on fundamentals
Maybe you should venture over to ARB thread to see what elevated charts look like?
In a genuine response to your post - BTC retrace ! Polkadot ❤️❤️❤️
Celestial is an added bonus , this will be over £1 before 2024 and will never drop below again - In my opinion of course - Ever !
Anybody buying here, RSI and SMI elevated, can’t remember last cycle how long they take to cool off? Didn’t take profits at 100%. If Bitcoin continues to build market structure and retests support at $31k, what price do you envisage KR1 could pull back to? Alts like TIA could easily retrace to Fib 50 levels, and still be in a bull market. Can’t believe the increase in NAV these have generated without raising equity. Very impressive.