RE: what thoughts ?10 Apr 2022 11:31
Skid, all the mostly negative points you repeatedly raise are you're personal views all seen through the eyes of an accountant.
How many people would have loved to been an investor in say Dyson in his first years, he didn't make a penny in profit for years, spending his time perfecting the design and reinvesting profits back into the business.
The company is not failing, anything but, almost all they're tech is ground breaking inovative tech, best in class etc etc...
They can't force Governments or Medical OEMs or Department s of Defence or the MoD procure their products, they appear to me to be doing everything they can to get their products out there in open to be seen, tested and talked about.
The one day Mod, Defence procurement exhibition Kromek are attending next month in Farnborough and another similar event even on the same day else where 5th May is a not the picture of a company scared of success and holding back it's wares.
The management has new blood and even you have to accept the changes in the finance department were swift.
Far from Kromek having ethics and others? Issues
It's Chinese business practices controlled by the state stealing IP and blatant copy culture that's
the real issue for all western companies trying to do deal with them.
The only thing you could accuse Kromek of is taking a to trusting stance with the Chinese customer and letting the bill rack up, the product is still in the warehouse and 23 million are in lockdown in Shanghai....with more pain to come.
That's my view as a someone who works for inovative creative product making companies.
Sign In
Follow the stocks
