Member Info for skid35

You don’t loose shares if they delist, they just become either completely or partially (if they use Jenkins as a secondary market) illiquid where there isn’t an active market for the shares for either valuation or sale.

Have a few cyber investments and had looked at this in the past. The small minority float always put me off.

There really should be rules preventing delisting without paying minority shareholders an average 5/ 10 day price pre rns announcement.

So that's most of the octopus IHT funds sold / forced out dragging the price down, sensible that the company buys these up at these levels.

Not sure whether trackers buy when they have moved off AIM of officially become part of the ftse 250 (if it's like ftse 100 with quarterly promotion / demotion ?)

Trickey - for about 18 months you have been the biggest cheerleader for ENET and DL, reciting the RNS claims of a revolving door of new opportunities when others have said look at the history before then of what DL says and what he the actually does - which is sweet FA.

You seem like a 15 years old who has been chucked by his girlfriend, claim he chucked her and never liked her in the first place.

It's the spread that is the problem, this has to go up 25% plus from your buy price to be in the money without the share price moving.

Citywire expert view is always an interesting daily read covering 5 companies, gb appear probably once every 6 months (you can search old ones to see how accurate they are - not very).

Use citywire for great coverage of investment trust sector.

Hopefully the 225 / 230 p will be the low end of a range, bought a few at around 228 p.

Https://citywire.com/investment-trust-insider/news/expert-view-admiral-barratt-redrow-gb-group-easyjet-kooth/a2474631?page=4

No, that would be insider trading

Basu does tend to come across well, but then the financials don't really follow as he just doesn't understand the levers within his financial business model.

CFO didnt come across well. Explanations about bad debt didnt make any sense - when you consider probably 80% + of revenue is from Siemens or from AAA government departments then a substantial proportion of what is left is then subject to bad debt provisions - I think some clear issues on Kromek performing against contracts not geo political issues? You also cannot say, as a CFO, "that was before my time" when what is before your time is in the balance sheet in provisions etc - any CFO coming in would want chapter and verse / contracts etc to establish the risk / opportunity in the balance sheet as a very standard baseline.

Still worry they see the one off Siemens deal as a vindication that they have done a fantastic job in the last five years - hence the bonuses outside renumeration committee guidelines, and dont take this opportunity which has completely cleaned the balance sheet reset operational management / strategic decision making.

Hope this is not the case and there is much further upside - as the market is still assuming KMK will F Up in the current share price.

As usual you really do need to ask very simple questions.

1. what is the win rate for a unweighted pipeline assessment to understand the weighted pipeline

2. on the £400m unweighted pipeline what is the expected award date

3. how does the order / backlog then play out as revenue split by year / backlog at year ends - tpg does need to get backlog back to even the historic averages

How do these ratios (backlog cover etc) then compare to prior years.

Then from this

3. are there any working capital issues moving forward from the current balance sheet

4. how does margin improve with operational efficiency covering a large fixed asset and fixed cost base

I know, as usual with other companies you comment on, you will have done the most intensive research to understand this.

There was a pod when the ceo first came in on just how underutilised the tpg asset and resource base is, it can scale without fixed asset / property without issue.

Good news from the last order was the turnaround from order to revenue is quick, hopefully with minimal working capital issues

Twib, unfortunately yes. They have consistently and very deliberately lied to shareholders for a very long time now.

Twin, you had any interaction with ENET recently ?

The placing it not to support "working capital", it is there to support losses. In a SaaS company there really is no working capital.

How bad a job has Angus done over the last two years - just appalling ? Really not suited to a tech company and should be out of the door.

Rb, they are in the interim accounts.and it's not a massive amount of revenue.

Levi and the rest of the useless board will no doubt try to squeeze one last pay cheque out of here.

Great to see all the bedwetters getting excited again mid day.

Seriously, there really does need to be personal sanctions for boards and their city advisors putting out complete rubbish (which they know is rubbish) in RNSs.

ST must have tipped KMK at least 10-15 times in IC, during which time the share price has gone one way - always remember him reiterating Basu that the chinese calamity which wiped 15 months past income was just temporary and they would resolve it in 6 months to reverse the provisions.

As they are so often suspect IC readers have now remembered the three / six monthly recommendations from ST. Expect ST will focus on the current share price in his current missive, rather than when he was stating it was a 100% dead cert at 20p plus.

Very selective answering of questions on the now published investor meet Q&A, anything they didnt want to answer deleted

They have appeared on a few micro cap share registers recently, they have been fined by the FCA for investing in riskier assets when the client was not.

Laura, every board you show yourself up as someone with zero knowledge.

Davey- it’s Milton not Miton. Did look before on a previous rns and it’s a small wealth manager it the south west.