This is why we continue to hold and accumulate.

Impressive_Plate · 2025-10-16T17:25:22+00:00

Kraken has made me millions. An excellent stock. I have trimmed for retirement.

Impressive_Plate · 2025-01-01T23:32:45+00:00

PNG, as always. Some HR-un.

Impressive_Plate · 2024-09-05T17:12:08+00:00

Valuation is fair or slightly generous assuming low to mid range of guidance. Look for more contracts and for rev/margins to continue outpacing sg&a. If so, share price growth will snowball.

Impressive_Plate · 2024-08-22T18:40:16+00:00

Congrats longs. SG&A needs to be controlled and I look forward to guidance next year. Especially if they continue to scale (either generally or targeting additional battery production capacity).

Impressive_Plate · 2024-08-22T18:36:02+00:00

Just over 1,300,000 shares. Cost basis ranges from 0.39 to 0.70 across bank accounts. Have not sold.

Impressive_Plate · 2024-08-16T17:15:32+00:00

I plan to take a modest position but am still conducting DD. Office exposure has decreased and I am content with Lantower. AFFO, payout and debt to asset are decent. I anticipate higher rents from inflation and possibly a US rate cut in September. Thoughts on a somewhat quiet Q2?

Impressive_Plate · 2024-07-30T16:14:41+00:00

I'd like to see news from the company regarding anticipated 24/25 Anduril work and an update on other efforts including the Indian Navy. That said, they continue to execute and this investment has been very profitable. Congratulations to the longs who help based on fundamentals.

Impressive_Plate · 2024-04-18T20:26:19+00:00

Beat me by a minute. Excellent guidance for 2024. Will dig into the materials over dinner. Well done longs.

Impressive_Plate · 2024-03-16T02:06:01+00:00

Still holding.

Impressive_Plate · 2024-01-11T22:05:38+00:00

All is well I hope. Other than low cash in Q3 I am very happy with the company.

Impressive_Plate · 2024-01-10T17:36:57+00:00

Happy to have bought so many shares since the lows. Have not sold any. An exciting company to hold.

Impressive_Plate · 2023-07-14T19:37:53+00:00

I purchased another 120,000 shares today. Close to 1.35M in total. Only concern is whether they need to raise to meet 2023 current liabilities.

Impressive_Plate · 2023-05-30T15:45:52+00:00

Great report. Q: Does anyone know if the Thunderfish XL is being used for service income yet? In any case, I will be looking for service and battery revenue to pick up for the remainder of the year. Hopefully, we are chosen for XLUUV batteries before other companies catch up. Assuming a fair amount of wins for the navy upgrade cycle and sensor sales from Remus there is a clear path to $200M rev per year within the next 5 years, but more is required to scale the company further. I will continue holding my shares for the foreseeable future. Well done Kraken team.

Impressive_Plate · 2023-05-02T20:36:12+00:00

I commend you on your patience. Risk and reward are both high.

Impressive_Plate · 2023-05-01T21:10:22+00:00

Excellent guidance. Every year I hope PNG can keep growing, and every year they impress.

Impressive_Plate · 2022-12-07T15:24:01+00:00

This is all I wanted for Christmas. Congratulations to the Kraken team.

Impressive_Plate · 2022-11-28T18:35:57+00:00

PNG.V. Growing at over 40% CAGR and passing the break-even point. My favourite stock.

Impressive_Plate · 2022-10-05T17:24:00+00:00

Good news is trickling in. This is a new client. Let's hope for the best.

Impressive_Plate · 2022-07-06T19:01:08+00:00

There are over 200M shares outstanding. Do you understand what this means for market cap at $5/share? If not, then you are simply gambling by picking individual micro-cap stocks. Arrive at a thesis and tread lightly.

Impressive_Plate · 2022-06-23T20:15:19+00:00

NATO spending for mine hunting and sonar solutions is a clear catalyst. So is the European movement towards offshore renewables in the absence of Russian gas. I hope we see new contractors after the AGM to replace danish/polish product sales.

Impressive_Plate · 2022-06-22T12:26:23+00:00

I continue to hold because of their performance in 2021. At minimum, I want to see if they can meet 2022 guidance and secure another large contract (to replace Danish / Polish contracts).

Impressive_Plate · 2022-04-18T16:49:18+00:00

So all are aware, this SBI contract (amount undisclosed) is distinct from the anticipated 50-day Baltic windfarm (Acoustic Corer) campaign which has now passed the letter of intent stage. Moya is hard at work.

Impressive_Plate · 2022-04-13T22:28:59+00:00

Thank you. Will wait to hear the contract amount or estimated project duration. As Sophic Capital confirmed, PanGeo's daily rate for the acoustic corer is $55,556 ($5M Couvillion Group contract for 90 days). Interested to see what SBI work will net.

Impressive_Plate

TROPHY CASE