Member Info for surprised

:-)

https://twitter.com/surprised_trade/status/1349380264070426624

multiple interest in buying out the Marine business of #TPG , initial target was 9p+ a bidding war & with expected value, target potential could be closer to 12-14p+ #TPG shares just became a bit more valuable for current holders

get your bottle ready :-)

Hi Skid, with respect you have been complaning and pointing out the same 'negative' that will actually turn out to be a positive over coming months, contract is in place, covid has temporarily halted one contract, others are all underway and new initiatives too..you state 'the market has no confidence, however I would point out that the sp has somewhat risen from the lows of late suggesting confidence is indeed growing......I have no idea how you will respond when the sp pushes past 14p+ back closer to previous highs if all falls into place as you have been negative from 9p a few weeks ago to 14p so far :-)

Copied from the report link posted below. suggesting as previous others have that KMK trades at a discount to expected value and could also be a takeover target :-)

KMK Shares appear attractively priced , the stock at 13p trades on a 3.6x trailing EV/sales multiple vs >5x for ‘disruptive’ IPR rich tech peers (see below). Plus thanks to the increasing momentum, we suspect this discount will either close in due course. Or if not, Kromek might eventually attract 1 or more opportunistic buyers at current down-trodden

nope skid, sp is based on potential going forward and clearly the sp drop relating to the delay in contract is simply temporary, against a back drop of world covid issues. The good nes is the value is and will be there going forward and further contracts are now being secured and business is returning to near normal, hence opportunity exists and a clear value gap here from current sp levels to what we can expect over coming weeks as the world opens up etc.

https://www.equitydevelopment.co.uk/hubfs/Research/Kromek/Kromek%20Group%20%20%20%2013%20%20January%202021.pdf

he did comment and the contract is all there awaiting the installation etc once folk can move freely again, so will add a boost to the proceedings when confirmed instalation is done, however, whenit's rns'd the price will already be ahead as markets look forward:-)

what about the outlook for 2021 and beyond?

"We have adapted our business and ways of working so that even a third UK lockdown will have very little material effect on the UK business operation, and also in the US. We have adapted and are in tune with new ways of working. At the same time we are mindful if these lockdowns continue for a very long time, and we are monitoring the situation."

"That said, we expect substantial growth in revenues in H2 compared to H1 and the fundamental growth drivers of this business remain very strong and we remain confident."

Meanwhile Kromek have continued to innovate as the pandemic throws up new business opportunities in the bio-security field. Today Kromek announced that it had started a £1.25M pilot programme funded by the UK Government

https://www.youtube.com/watch?v=d4Q0rPhcD-8&feature=emb_title

''Substantial airborne Covid detector opportunity'' - Great to see vaccines being rolled out, but countries will also require an early warning system to constantly monitor, respond (eg adjust HVAC) & analyse (using DNA sequencing) any new strains that might compromise a vaccine’s efficacy. The world needs a coronavirus alarm in real time, rather than having to wait until people fall ill. Kromek’s ‘1st-of-its-kind’ Biothreat detector could be the answer. Not surprisingly, this is a huge untapped market and today Kromek have announced they will receive Innovate UK funding to advance Biological-Threat Detection solutions. Meanwhile, opportunities abound at Kromek so staying focused will be key. We sense that the Board (including a new Chairman, COO & CFO) now has a renewed spring in its step, and will be carefully juggling all short & long term priorities. In that context we see today’s H1’21 results as mostly academic since they include a full 6 months’ impact from the pandemic - hitting elective surgeries/operations, airports and social gatherings hard. Yet the numbers weren’t too bad, with turnover only falling by 14.2% LFL to £4.6m (£5.3m LY), gross margins flattish at 54.5% (58.0%) and EBITDA (pre SBPs) coming in at -£873k (-£611k). The Board also confirmed there are sufficient funds for the next 12 months, under almost all scenarios. The shares at 13p trade on a trailing EV/sales multiple of just 3.6x vs >5x for ‘disruptive’ IPR rich tech peers, whilst ‘the Board continues to look to the future with confidence and optimism.’ -

How big could this become?Not surprisingly, this is a huge untapped market. Indeed hypothetically ifthese deviceswere pricedat just £10k each. Then ultimately the TAM mightbe worth>£500mpa, including high margin, recurring revenues relating to daily sampling. Obviously not all of this would go one player. But assuming Kromek captured 20%, this would represent a£100mpaopportunity, probably generating 25% drop through rates to boot. Which in valuation terms,using 3x sales &/or 12x EBIT multiples –might lift the marketcap by £300m(or 86p/share) vs £45mtoday.

https://www.equitydevelopment.co.uk/hubfs/Research/Kromek/Kromek%20Group%20%20%20%2013%20%20January%202021.pdf

https://twitter.com/surprised_trade/status/1349257168512577541

TU as expected on track for recovery and a bonus £1.25m third party funded programme re biological detection

KMK is a recovery stock recovering

you can never say how markets react in short term, TU days are often peculiar, however, KMK is a recovery play and clealry it is about to recover over the next period as stated below with the commencment of $58m contracts and the other new projetcs/contracts we should see the recovery over the next quarterand the sp recover too ...all on track no surprises and as expected :-)

https://twitter.com/surprised_trade/status/1349257168512577541

TU as expected on track for recovery and a bonus £1.25m third party funded programme re biological detection

https://twitter.com/surprised_trade/status/1349257635242106880

This could be lucrative :-)

https://www.lse.co.uk/rns/possible-disposal-of-maritime-engineering-business-qtpgh800fnuti09.html

£1.25m programme funded by Innovate UK
Kromek (AIM: KMK), a worldwide supplier of detection technology focusing on the medical, security screening and nuclear markets, announces that it has commenced a £1.25m programme funded by Innovate UK to customise its biological threat-detection solution for the automated detection of all airborne viruses, including COVID-19, to support end-use cases.

https://www.lse.co.uk/rns/funding-to-advance-bio-threat-detection-solution-7a6u6bk71onh6ly.html

As a result, we expect to see significant growth in second half revenue compared with H1 2020/21 and the Board continues to look to the future with confidence and optimism."

yup, that wil do for the period back to last october and with the expected revenue from the roll out of the outstanding contracts as previously stated expected in the this and the next quarter all in place for future gains and improvements/recovery..no major snags or surprises and business picking up as expected.

The key for shareholders looking forward is the future guidance and recovery potential from around current levels back up to closer to to 20p+ , i will be holding my stock for exactly that :-)

results day's are always un predictable with respect to how some share holders respond and as often discussed results are backwards looking in respect of figures. the key factor is the forward look, current position and hopefully the past period provides a spring board to the next period. Holding shares is about what's upcoming not what's happened (although clearly it has a bearing on the overall picture)......

patience grasshopper....it's all in place, the sp disconnect will no doubt change to reflect the potential in time, placing shares and positioning currently providing a 'volatile' sp....transformational period upcomingme thinks :-)

https://twitter.com/surprised_trade/status/1349030091507052546

https://sportshandle.com/cuomo-stateofthestate-11121/

https://twitter.com/surprised_trade/status/1349033326867308544

MI Chelverton UK Equity Growth Fund took a 4.6% stake today

nice acquisition and tech waste and recycling will only grow and grow :-)