Member Info for skid35

Wool,
Agree your comments on AIM, not necessarily a lottery but more volatile. Some of the issues are with the auditors, you only need to look at CAKE or GLOBO to try to work out not how fraud could occur but how it is not spotted to such a period of time. As you say also due to ramping BODs promising the earth and delivering nothing. Even on the large market, you just need to look at the two large Woodford equity funds to realise there are unscrupulous individuals (taking tens of millions in dividends) in what where considered blue chip, reputable firms.
I have a final salary pension and a large SIPP. Most of my SIPP is in a large range of investment trusts - I allow myself 4 or 5 high risk shares of about £10k each - as well as OPTI this also has KMK, ENET and CNS (all of which have been in profit / loss at one point). Anyone putting over 10% of their pension or investments into individual AIM shares should be prepared for the rough with the smooth and be prepared to loose an element of this permanently.
Hopefully OPTI is now at a more mature phase in its development - Q2 revenue and then Q12021 CASH will tell whether this will fly or continue in the 40-60p range. I for one am holding.
Better route into the market might be River & merchantile or Miton Micro investment trusts to spread risk. Or similar areas such as Draper Espirit, Mercian, augmentum, merian etc - although the stench of Woodford still hangs in the air after WPCT.

Vas,
Like yourself I have 50k at an average buy price of 23p so running at a loss at the moment, but have stayed invested and will do like yourself to late twenties when I will sell and keep the gain in shares for any future appreciation on a very long term basis.
Too much optimism on the board at the moment. What we have heard in interviews is not new and has been promised year after year.
Many serious questions on the latest accounts on contract and financial control which seem to be ignored, and the communication of this in the interims where they must have been aware of the issues.
On a positive front hopefully an rns confirming the reversal of the one off write down shortly, if they get this the share price will fly. As someone else on the board has commented some really hard nosed business approach required rather than awards for academic type research.

I think very dependent on the oil price at the moment, would be good for them to get other markets.
Very low volume of trades outside the immediate results reporting, so a wide spread.
At least the leadership team have a lot of skin in the game.
Share price low so might be a good time to buy.

I think they should get rid of the whole finance function. The y don't add anything to revenue.

Just listened to proactive interview, just pointless
About the same depth of question as holly and Phil with bojo.

Jimzi / mick.

I am a shareholder with sitting on a £5k loss at the moment.
a. Simon t has always been a flag waved for kromek, a few months ago had a short term sp forecast of 30s I believe - so clearly not close to the company or has the ear of the board. ConstAntly amazed at the power of st to move the market on smaller company shares
B. Very clear miton have received the heads up from the company here, reducing their shareholding despite the lows
C. No communication in the interim report of issues despite the fact that the not represents a year's revenue almost have been bubbling under
D. There is clearly no absolute certainty that this will be reversed, and hits cash and working cApital until it does.I
Still holding shares with the hope kmk and the fd get their act together. They appeared very naive in their commercial and contract management.

Deutsche bank is simply not a reliable institution on any front.

Skip / anon,
I do think many aim investors have been burnt in the past across a variety of shares over promising and then underperforming.
There is clear disconnect between the share price today and the state of the business today, against the share price one or two years ago against the business one or two years ago - just whether you see it as overvalued now or / and in the past.
I have 25k shares at about breakeven. Not adding or reducing holding,just waiting for h2 results and forward guidance.
It is a pity there is no reliable independent research, house broker research not worth the paper it is written on. I would like to see a really good investor relations deck with all up to date info.

And ventilators just a distraction (low margin, non strategic, no IP)

All, as an accountant with 30 plus years under my belt and a kmk shareholder I have to say some serious, serious control issues here. The half baked explanation really does require additional detail, it looks like the auditors may have asked for this treatment against the companies wishes.
FD should be out of the door.
All of those on the board believing this is now oversold need to take a step back, if controls are not adequate you cannot make a good decision as you are basing this on flaky information.

The longer i am in the market the more convinced I am of market manipulation. No real reason for the drop and rise.

Would like to see an investor presentation with a table of product and geography with the partners in each box, with some associated commentary on signing date / length of contract and notes on revenue expectations.
Possibly after year en d rather than now.

As with all tipsters they always remind you of their successes, and are much quieter when they have gone down.
Really need miton to stop selling as well, dumping 1% of the share capital on a regular basis means the sp is only going one way

Wool, not me this time. Board should be kept for views and opinions, whether positive or negative, on opti - this does include your view on how macro economic events impact opti.

Simon Thompson in the i investors chronicle is always upbeat and last time he recommended this with a price target in the mid thirties.
Need contract news as well

The ownership of intellectual property specifically developed for a contract will. E specified in the contract, this may vary from contract to contract but I doubt they would ever give 100% of the intellectual property away so the customer has full resale rights.
I ha e worked in us software industry where the company always retains the i intellectual property 100%.

Hoping
- Required for working capital and recruitment to support specific customer funded r and d not yet signed
- A customer stating before a contract is signed the company must be on a sounder financial footing
Or a general mix of both.

What is their target price?
Any further commentary from cs

The repricing and extension of the ltip at the lows just a couple of months ago was as extravagant as I thought and takes value from the shareholders, the only downside of the price rise.
would have been happy with and extension not a repricing.

One of the issues with the reporting is the inability to understand the length of the contract and therefore how revenue and cash fall, also orders includes renewals which are not necessarily accretive without an upsell.
We have absolutely no idea what the incremental revenue will be in 2020 for this 6m.
As orders are usually blackened in the quarter the impact on review and cash in the quarter itself are negliginle.