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Kryptonite 1 PLC - Blockchain arena hotting up!

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When carrying out some research on Coinsiliium I came across a company called Kryptonite 1 PLC which is also listed on the NEX Exchange and which is also a investor in high growth Blockchain start up companies.

 

Whether Bitcoin succeeds or fails, whether Bitcoin continues upwards or at some point crashes, Blockchain is here to stay and is the future. Distributed Ledger Technology (DLT) as it is also known is finding more and more uses from shipping, medical records, bank transactions, etc. Cryptography and Cryptology have been around for many years but now it is becoming as vital as the Internet was twenty five years ago.

 

It could be argued that Blockchain could be more important than the Internet. The internet is used to access information and to communicate. However Blockchain could be used to streamline, make more efficient, reduce time, reduce cost, etc. in relation to bank transactions, storing of medical records, birth certificates, death certificates, wills, assets that one owns and so much much much more.

 

Coinsiliium has already gone up 400% over the past year and nearly 200% over the past month alone. Kryptonite 1 is matching the trend. On-Line Blockchain PLC though at present is utter garbage is trying to jump on the bandwagon of Blockchain and saw its shares roar 300% + on just one day on a name change. Blue Star Capital PLC is also trying to join in the party with its investment in SatoshiPay. This area is hotting up and getting very exciting. This may be another way to join the party without taking the gamble on Bitcoin and without having to speculate on Bitcoin. Sometimes it is the people that make the company great as they run it after all. It is blockchain the technology that makes Bitcoin and Cryptocurrencies great. Bet on the people you think will make a company successful and bet on the technology that makes digital currencies great.

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KR1 PLC is still at a very early stage. However, it is good at exiting investments profitably and has done so over the last couple of years.

Yes, this profit is small at the moment but it is gaining traction even during the bearish Crypto phase. 

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KR1 generating “significant revenues” from investment in ‘proof-of-stake’ Cosmos Network

https://www.proactiveinvestors.co.uk/companies/news/220197/kr1-generating-significant-revenues-from-investment-in-proof-of-stake-cosmos-network-220197.html

For anyone who is interested in this company, it trades on the NEX Exchange. It is not available to trade on IG. It is a far more illiquid market so investors and traders alike must be fully aware of this. 

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KR1 PLC is another company which is the blockchain space and blockchain is gathering some real momentum and traction at the moment. The share is listed on the NEX Exchange where generally stocks are illiquid. It seems that the large decline has occurred in line with the broader Cryptocurrency market. It seems the consolidation period has occurred. There has been recent upside and this could potentially  be just the start. I stress potentially and the fundamentals may not translate into share price appreciation. From a value investing perspective it seems like an attractive entry point for those who were not savvy enough to enter near its lows. 

I want to share the following recent article in relation to this company below:

KR1 aims to capitalise on blockchain revolution

https://www.proactiveinvestors.co.uk/companies/news/220238/kr1-aims-to-capitalise-on-blockchain-revolution-220238.html

Another article I want to share is in line with the previous post I submitted on this thread.

KR1 Plc 'thrilled' investment in Cosmos beginning to generate 'significant' yield

https://www.proactiveinvestors.co.uk/companies/stocktube/13367/kr1-plc--thrilled--investment-in-cosmos-beginning-to-generate--significant--yield-13367.html

Now in the grand scheme of things this is a very tiny company (acorn one could argue). It is not a small cap. It is even smaller. It not a micro cap. It is even smaller. It is a 'Nano Cap'. Therefore it is extremely high risk and is operating in a niche area. This is not an investment to be considered for those who do not have an understanding of the potential and the great risks associated in investing in this area along with the high level of risk tolerance required. For those who do have an interest / passion and knowledge in this area may be interested in such a company. 

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No doubt as soon as I post this it will be flooded out so that many of you cannot see but one can only hope!

KR1 PLC released its final results via RNS this lunchtime.

KR1 plc

Final Results

https://www.investegate.co.uk/kr1-plc--kr1-/prn/final-results/20190531120000P590A/

Now of course this will not take into account the substantial increase in the valuation of Cosmos which KR1 PLC has invested in.

@JamesIG, I noticed that even the IG Analyst on the main page stating Bitcoin has gone up over 100% is mentioning during the recent correction that affected altcoins, Cosmos increased in price. I know the answer but if only IG could offer Cosmos to trade.

I include below an interesting article which may be of interest to some of you should you get the chance to actually view this thread due to severe flooding 😂. I mean the only other way you would find this thread is to trawl through the Cryptocurrency / Blockchain section. 

KR1 PLC predicts we've seen the Bitcoin bottom with significant growth ahead

https://www.proactiveinvestors.co.uk/companies/stocktube/13531/kr1-plc-predicts-we-ve-seen-the-bitcoin-bottom-with-significant-growth-ahead-13531.html

One must remember that the results for KR1 PLC will not include the resurrection of Cryptocurrency prices from 1st January 2019 to date and the uplift of some the token projects it has invested in. 

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Another positive RNS released by KR1 PLC. One must remember that this is smaller than a small cap. It is smaller than a micro cap. It is a nano cap hence the smaller revenue figures involved. One must put it in perspective. 

KR1 plc

Portfolio Update: Cosmos & Staking Yields

https://www.investegate.co.uk/kr1-plc--kr1-/prn/portfolio-update--cosmos--amp--staking-yields/20190611070000P1683/

The article below is also relevant to another thread I have started - Cosmos - Atom by TrendFollower if anyone is interested in this. 

KR1 nets over US$300,000 from sale of ATOM tokens

https://www.proactiveinvestors.co.uk/companies/news/221855/kr1-nets-over-us300000-from-sale-of-atom-tokens-221855.html

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KR1 PLC is a very interesting share. It is listed on the NEX Exchange. It has some very interesting and exciting investments in itself portfolio. 

It has released the following RNS to the market last week. 

KR1 plc

Investments: Nym, Nexus and Alice

https://www.investegate.co.uk/kr1-plc--kr1-/prn/investments--nym--nexus-and-alice/20190904070000P7A8C/

 

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KR1 PLC released its interim report for the half year ended 30 June 2019 and I thought the results were very impressive. I think this company is totally under the radar from the majority of the market and if Crypto takes off then KR1 is best positioned to really take advantage and show some explosive share price growth. Of course if Crypto's and Blockchain fail then this will be a casualty. Therefore one must look at the risk / reward and have a long term horizon otherwise pointless in even looking at companies like this. They will be extremely difficult to value as it is nigh on impossible to value some of the tokens held as they attract lots of speculative capital. 

KR1 plc

Interim Report for the Half Year Ended 30 June 2019

https://www.investegate.co.uk/kr1-plc--kr1-/prn/interim-report-for-the-half-year-ended-30-june-2019/20190930140138P2840/

 

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KR1 posts £4.6mln profit after launch of Cosmos network

https://www.proactiveinvestors.co.uk/companies/news/903798/kr1-posts-46mln-profit-after-launch-of-cosmos-network-903798.html

A key phrase here is unrealised profit. For me liquid cash generation is going to be key if this company is going to see its share price rise substantially. Right now it is building the platform and foundation to be able to do exactly this but is heavily reliant on the fate of the Cryptocurrency market. 

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    • @CharlotteIG, Yes interesting piece.  I think Cryptocurrencies are an asset class to stay. What I do not know is which Cryptocurrencies will make it and survive and which will not make it and fail. Will Litecoin or Bitcoin Cash make it? For me Bitcoin is clearly on a downward trajectory but as we know with Bitcoin it is capable of reversing quickly and hitting double digit returns in the opposite direction over a matter of hours. I have seen that many times before. The key to all this will be news and no analysts can predict when this news will be released.  Right now positive news will drive Crypto prices higher and no news or negative news will drive it lower. Also one pattern I am seeing is that when Indices are bullish and Gold and Bonds are bearish then Cryptos seem to do well and when Indices are bearish and Gold and Bonds are bullish then Cryptos seem to fare badly. This is just a trend I have been seeing which tends to be a good indicator of imminent direction for Crypto prices on a short term time period. 
    • Breakout!  Hmm, USD driven or in advance of stocks I wonder...
    • Breakout?  Wonder if we will see turns across the board...  
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