volatile mkts provide opportunity20 Oct 2020 10:03
Closing order book £64.4m (31 December 2019: £56.8m cash £7m & £6m asset sale due .....world pandemic and TPG are in a better postion than it appears the current price suggest, :-)
interims are fine, considering pandemic, revenues continue to grow +33%, continued investment in growth (business will be bigger), large profits can wait, that's how you grow a business
Hi skid, I get your point, and for shareholders at 20p plus it was/is a frustrating issue, however, for me the key is that the so is now only 13p and looking forward there are a host of so enhancing opportunities ahead and at 13p kmk has my attention and investment :-)
Pelatro have a current pipeline of $15m over the next year. In process of tendering for larger contracts & processes data for 19 telecom operator clients around the world with more than 800m subscribers.
Kromek has now started delivering an (OEM) contract worth £45m to provide state-of-the-art medical imaging detectors. KMK revenue is now back to pre-Covid-19 levels, the 40 per cent share price discount to nav of 13p should reverse with their huge commercial opportunities
I envisage van hire growing over next few months with the likes of supermarkets etc increasing hire heading into xmas & smaller business hiring instead of buying (capital protection)
Hi Rivaldo, yup the known selleris abrakeon the sp currently, however, there will be a point when he'llbe gone and the brakes are off, clealry this moves quickly when allowed :-)
just a few weeks ago sp was 2.80p, it's gradually crept to 5.70p currently.....a bit of profit taking from the lows expected so a small consolidation before a push on to the next range of 6p+.......provides support to the position, wait/patience and let the momentum/sentiment build as the opportunity and potential ahead is realised along with an increasing sp.....and we have a lot of potential ahead :-)
Investors Chronicle have covered PTRO in the print edition availabe today, would be reasonable to assume it will bring the opportunity to a larger audience over the next few days who will also spot the currenr under valued position here and the potential going forward,. With SimonThompson suggesting a 100p target in his previous coverage it seems like many envisage a large upside from current levels over the coming weeks, looking forward to new contracts being announced etc .
through 5p, step by step .....was having a discussion a few days ago regarding 'letting your winners run', its not as easy as some suggest.....but that's the challenge on any rising share , nice problem to have though :-)