Kromer's CFO buys shares after announcing plans for placing
30th Jul 2015 16:36
(ShareCast News) - Kromek's chief financial officer bought shares in the company in the same day it plunged over 15% after it unveiled plans to raise £11m via a discounted placing. Derek Bulmer purchased 40,000 shares for 30p each, spending a total of £12,000 in the transaction. Bulmer, who is also
Read moreKromek plunges after unveiling plans for placing
30th Jul 2015 12:34
(ShareCast News) - Shares Kromek plunged over 15% on Thursday, after the radiation detection technology group unveiled plans to raise £11m via a discounted placing. The London-listed company said it intends to raise £11m via the placing of 36m at 25p per share as well as an additional 8m shares in a
Read moreKromek jumps after winning four new contracts
18th May 2015 08:40
Shares in Kromek jumped over 5% early on Monday, after the radiation detection technology company said it had won multiple contracts worth a combined $982,000 (£626.8m). The London-listed company has signed deals with two global Original Equipment Manufacturers (OEM) worth a combined $452,000. Unde
Read moreKromek warns of contract delays from government and OEM customers
17th Apr 2015 08:16
Shares in x-ray and gamma-ray detection company Kromek were traded 10% lower after it warned that revenue growth for the full year would be lower than it had recently boasted. At the time of its interim results in January, Kromek, whose products are used by the security, narcotics, civil nuclear, co
Read moreThursday broker round-up UPDATE
28th Aug 2014 09:24
Antofagasta: Investec lowers target price from 720p to 719p and retains a sell recommendation. Arrow Global: Canaccord Genuity moves target price from 318p to 325p and keeps a buy recommendation. Numis downgrades from buy to add with a target price of 285p. Balfour Beatty: Berenberg moves target p
Read moreKromek in multiple contract win
23rd Jun 2014 07:13
AIM-listed radiation detection technologies supplier Kromek has landed a contract with the US Defense Threat Reduction Agency for the design, manufacture and optimisation of high sensitivity, next generation, solid state detectors for the homeland security radiation detection market. The contract
Read morePace CEO trades in 50,000 shares
15th Apr 2014 14:42
Mike Pulli, the Chief Executive Officer of Pace has disposed of 50,000 shares, although it said the transaction was carried out to cover tax liabilities in the US. The disposal generated just over £199,000, having traded in the shares at 398.10p. He reduced his beneficial holding in the company
Read moreKromek wins contract with SME manufacturer in China
4th Apr 2014 07:45
Radiation technology group Kromek has signed a long term contract with a small-and-medium-enterprise (SME) manufacturer of x-ray diagnostic and analysis equipment in China. The contract allows the manufacturer rights for the supply of the CZT-based detection modules in China and Chinese territories
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read moreLondon midday: Markets erase gains as insurance stocks tank
28th Mar 2014 12:02
- Insurers drop sharply on FCA investigation reports - Miners edge higher - Chinese Premier hints at more stimulus techMARK 2,767.34 +0.16% FTSE 100 6,590.41 +0.03% FTSE 250 16,181.96 -0.12% The FTSE 100 was trading more or less flat by Friday lunchtime after erasing earlier gains as heavy losses
Read moreLondon open: Miners rise on Chinese stimulus hopes, insurers drop
28th Mar 2014 08:34
- Miners rise on Chinese stimulus hopes - Li Keqiang hints at possible easing - Insurers fall on FCA investigation techMARK 2,779.04 +0.58% FTSE 100 6,621.74 +0.51% FTSE 250 16,239.90 +0.23% UK stocks were making decent gains on Friday morning after a positive session in Asia overnight as comments
Read moreKromek shares plummet after profit warning
28th Mar 2014 08:20
The share price of radiation technology group Kromek plummeted on Friday after it warned that revenue for the year ending April 30th will be "significantly below current market expectations" due to delays in a number of large contracts. These contracts include UK and US government programmes, order
Read moreKromek reduces losses after revenue triples in first half
8th Jan 2014 09:16
Radiation detection technology researcher and developer Kromek Group unveiled reduced losses and tripled revenue in its half year results on Wednesday. The share price inched higher after the announcement of the results, which revealed a pre-tax loss of £2.48m (2012 H1: £2.29m), an operating loss
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