The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
For clarity I have not created a new account, not sure who you think I am, but this is the only account I have had.
What I find suspicious is as an “independent investor” you are not incensed by being hoodwinked to buy these KRM22 shares. I once new a body builder, used steroids to bulk himself up. But it was all show, he had no core strength, looked strong but was very weak. And it’s the same with this company. They have bulked up by buying weak companies and now when they are tested, they have no core strength. A business’s strength is built over a long period of time, proving yourself and building on solid foundations. Remember the early days of Dotcom, companies were being artificially inflated by investor cash, then when it came to it, they burst. What I believe makes this company even more perilous is a large chunk of their customers have been acquired from the purchases. So the relationship is with previous companies and because their data is very important, they will probably jump ship. Now they have shown to be weak and in need of further funding, I also think new signups might not happen as expected, especially when these clients think how long will KRM be around. Obviously, this is just an opinion.
Are you suggesting i joined in anticipation of this share bottoming so i could vent some personal vendetta?
I totally agree, so why aren't they earning their bread?
Not trying to convince you, just added a thought to your comments.
Of course they're in a bad position but if all companies in a bad position fail, then they would be no trading anymore.
Not know really how good is their top management but I still think that putting together pieces of puzzle to build a bigger company is something that other people did successfully, so why not these guys?
Especially when I see the amount of trillions that are being put in the market to fight the crisis, I think that if you have good risk management solutions, you should be able to earn your bread.
Sounds like investor relations to me. You've only made 1 post and it just so happens to be to defend and justify why KRM go almost bankrupt with a few bad months. That is so worrying don't you think. a few months of bad sales and they almost go under. The company goes in to melt down, Keith Todd is posting market updates every 2 minutes saying "we are trying to get funding". Would you really want to be the guy that bought this companies risk software knowing they have no resilience. So whilst you might think the shares good value, if they have a few more bad months you might see things differently, and if no one is buying there stuff, they are going to the wall.
No, I am not in the company, I bought recently.
I did the same for a similar company 3 years ago.
That one started with 2 USD per share, went down to 0.98. I bought and 13 months later the price was 3.05.
The businesses model looked tremendously the same. That company too assembled applications from different small businesses that were too small to grow.
This sounds like someone in the company trying to do some promo. Despite the fact you have just received another 1 million in borrowing, your share price is still in the toilet. Face it your business model is flawed, your trying to grow by acquisition rather than organically. Unless you have bucket loads of cash you can throw at making acquisitions work it will alway end up in tears. In your case, the poor shareholders. You should have built on what you started with and made that work first.
The environment is good for this company to grow.
They are building a great solution from different applications of the small companies they bought the last 2 years.
But integrating all the pieces made with different languages and technologies require time.
Once all applications are fully integrated, their offer will be interesting.
I agree regarding their offer price, for me it should be lowered.
Is this when Cowed eats his words? This investment is in the toilet. Whilst i'm sure they are going to blame covid19, no other software company in this sector is having a problem. The company does not have enough momentum and ongoing revenues. They are obviously very weak as they are having to cut costs and ask for more funding. I also do not think they have a good offering. Their product is overpriced when compared to others. Their customer base also appears weak. Risk management is currently a hot issue, made more so by covid19, if anything the current climate should be aiding these sales.
I think they are failing to close deals because there are much cheaper alternatives with companies who are obviously much more resilient. After all the last thing you want to do is buy a solution from a vendor that's about to disappear. I sold my shares at a massive loss but something is better than nothing.
Looking at these guys further it looks like there softwsre is really expensive and it also sounds exactly like the Symbiant system. Are they connected or have krm copied them? Not sure what the USP of this company is. They are new and don't appear to offer anything unique. I guess the MMs have maybe lost faith in them.
Looks like they are having major financial issues and hsve run out of money with a huge debt to service. Not looking good for mr Todd and co. Took on too much debt. Bad business model.
the raise here could be crazily low.
when exactly ??
SP now halved since trading began.
Wow what a team that KRM22 has assembled and a great product strategy. Experts from hedge fund industry, equities, fixed income and commodities. This will be potentially one of the strongest players in the global risk markets. Exciting future ahead. Buying at this early stage will prove very profitable.
http://www.proactiveinvestors.co.uk/companies/news/198245/krm22-makes-first-acquisition-198245.html First of many acquisitions made here in a very important and worthwhile field. Time to get in at the beginning following the recent IPO.