TECH up 107% today &amp; KR1 Micro Cap Super Stocks now in profit trading with brokers worldwide

6th Dec '17 by lightningtiger

20 comments 6924 reads

Stock Rank 99 this TECH finantials is a software company & is a trading solution to online brokers across the world. Binary options are now the fastest growing trading accounts happening right now.They are expecting business to double each year. optionfair.com provides education to start trading.

Stocopedia also classifies it as Highly Speculative High Flyer and it has been living up to that,flying over the last week or so. The spreads are wide but with the share price moving up so rapidly, it does not take long to get in profit. One to keep an eye on. An exciting company.

About 2M shares traded today. It has a 50 day MA of 222 and a 200 day MA of 208

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About the Author

Lightningtiger

Premium Member

700 club gold member. Anniversary yesterday 1/10/2013. Recently returned from New York with a wish to see Wall Street for myself as a bit of a satisfying accomplishment. I first got interested in investments when I was a financial advisor for 14 years. I learned a lot & went to quite a few investment seminars. The one I remember particularly was with Fidelity. They visited the companies that they invested in and held them for a long duration in their portfolios. The other thing was with different currencies that they could buy a particular stock with and of course sell it if it was favourable with another currency. This was potentially more risky of course. It was not long before I realised that all the money from the insurance premiums had to be invested and who was doing it. We used to sell investment bonds where 5% was allowed to be taken tax free once a year on the anniversary of the policy which could run for 20 years.There was a choice of Managed, Property, or Equity to invest into. It was at this point of time that the Property fund went up 40% in less than a year. A simple comparison with the Managed and Equity funds showed the difference. I was soon taking a keen interest in unit trusts and shares, looking for things that were going up and the highest that they had been and bought them. I bought a software package with Up-data which enabled me to be much more efficient, putting stop losses in. Drummed into my head was cut your losses and sell when a stock breached the stop loss and let the profits run. Another stepping stone was to buy myself a Rolls Royce silver shadow that was chestnut brown in colour. The reasons were threefold. 1. That I could afford it. 2. The two managers for the insurance company that I was working for were called Douglas & Rolls. 3. I was still single. As well as doing the insurance business I joined an investment club in Basingstoke and became their chairman. We closed it this year sadly because of ill health with some of the members. Now I have a portfolio that I am able to take out (if & when I want to some cash) just like the insurance bonds but much more flexible. I enjoy the technology stocks and have taken profits several times from Arm Holdings which is the only share that I have held for many years now. Having just got this Stockopedia yesterday (first saw it at an investment seminar in London earlier this year) when I noticed Dart Group (DTG) so that is now in my portfolio too. I suppose you could say I am an analyst & a chartist. It was good to see my portfolio already has Globo, , Blinks, Clingen ,Dart, Wanddisco, opay,Easyjet ,LLoyds Arm Telicom Plus(which has doubled and a bit more but then started to drop so I have just sold almost half and re invested the proceeds into ASOS.) In conclusion I hold about 20 shares, and have just INCREASED my holdings in Globo about two weeks ago, and noticed someone has reduced their holding with Globo to 3%.I hope they are not still holding the poor pawnbroker shares (guess who) -40% in one day followed by further catastrophic drop. A good case for a stoploss . Join the 700 club and put some money to work I say. more »

20 comments

Ramridge

6th Dec '17

lightningtiger - you are slightly behind with events. TECH is no longer in the binary option business. They have sold those subsidiaries. Here is what the CEO said in the recent RNS (24/11/17)

"As a consequence of the regulatory changes which have impacted the binary options sector, these subsidiary holdings have become non-core to future business growth strategy. The Company intends to use its expertise to develop its Forex and CFD solutions and target the rapidly growing blockchain-based products and technologies market, and will use the proceeds of the sale to help build its presence in these new areas."

The recent excitement has to do with their financing and development of CEDEX, a new diamond exchange to be launched next year using a blockchain platform. There is more information on their website.

Mention bitcoins and blockchain in the same breath and you have an army of punters throwing money at it.
Highly speculative and only for those prepared to lose their full stake.

I bought a very very small stake in TECH last week with a view to getting off the escalator before the sh*t hits the fan.
BTW in my opinion, the cryptocurrency bit such as bitcoins is a tulip-like mania which will come to no good. However the blockchain concept (the distributed architecture and platform behind the cryptocurrencies) has got tremendous potential. Many large corporations have kicked off projects developing sandbox/ prototype private blockchain platforms.

Carey Blunt

6th Dec '17

Informative reply Ramridge. Agree totally with your view on blockchain. In your view is this company going to go back to being loss-making while they readjust or do they have enough other business after the sale to keep making money before their blockchain tech matures?
I will investigate myself but interested in your view.

Ramridge

6th Dec '17

Hi Carey -
I see this as a short term punt, no more no less. Taking the longer term view, TECH has real financial obstacles, cash being one. For example, I would not be surprised to see a placing soon, especially with the current share price being inflated to the sky.
TECH will also have real technological challenges too. What they are attempting has not been done before There has never been a diamond exchange before because, unlike gold, each diamond is unique in its composition, quality, etc. Add to that the blockchain technological challenges which they have to overcome, then the risks pile up.
So as I said before my time horizon is a few weeks only. I shall get off the escalator hopefully with a reasonalbe profit. Timing will be crucial.

lightningtiger

7th Dec '17

Thanks Ramridge for updating the events. It seems Hargreaves are also not aware of the situation either. Even Stockopedia has still not updated the change yet, which is very unusual., but there is a mention at the bottom of the page with the CEO's actions. The fundamentals still are in good shape and must still have a large contact list of worldwide brokers to call on when required.

They still have some cash behind them and with their contacts worldwide. The diamond exchange is something new for them to enter into and they will have done some research into it.

The Forex and CFD business still remain there main business to concentrate on..

Ramridge

11th Dec '17

Just a postcript to TechFinancials Inc (LON:TECH) as of today . The share price started the slide back last week after a frothy rise of over 200% in one week. It is now standing at 16p.
I got off the escalator @25p last week, booking a 35% profit.
It could be a flyer given time, however there are just too many red flags for my taste.

But this company has stirred my interest in pure blockchain plays and I continue to research.

vik2001

17th Dec '17

I'm keeping a eye on this share just to simply see how the stock ranks judges this share in terms of QVM over the long term. be interesting to see if its high stock rank turns it into a even high flyer!
I'm not going to invest here as its to speculative for me at the moment.

lightningtiger

18th Dec '17

High trading volume today with 1.9M shares traded compared with an average of 216.9K. The end of day finished up another 4.5p to 29.31p or 29.6% which braking another new high.

Is there more to come? or is this the tip of the iceburg?

vik2001

18th Dec '17

looking at charting I say it has the potential to break up to the 40p mark. also if you believe in the stock ranks momentum is going up. but this share has no real figures behind it to back it up. all speculative stuff.

lemonjar

18th Dec '17

well who knows, it's well into comedy territory, just saw this on techmeme, https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-link

it's fools gold but yeah, almost tempting to jump in for a day to see what happens. probably a bad idea :)

If there was another fintech company out there with credentials in this space that's not yet had the spotlight shine on it, that would a nice tip off. From the TechFinancials RNS it sounds like their bitcoin/blockchain play is still at jam tomorrow stage but just the mention was enough for it to surge

lightningtiger

20th Dec '17

Hi Lemonjar, after a bit of investigating in blockchain companies comes Kryponite KR1 another Micro Cap Superstock Ranking at 95. This looks like another exciting company sitting on the green on the bubble chart and a 50 day MA of 15.7 and a 200 day MA of 101.9.

2.6M shares traded today. The spread is a bit high at 10.5p/11.5p but it is certainly taking off up another 31.7% today and cutting another high..Still needs further investigation but currently ticks a lot of boxes.

lightningtiger

20th Dec '17

KR1 is on the NEX exchange so I cannot deal on line with Hargreaves, so picked up a few thousand by telephone and see how it goes.

50 day MA is 48.1% and 200 day MA is 158.3%

lemonjar

20th Dec '17

Ah you did a better job than me then, I Ctrl+F'd for some keywords down a few lists I pulled by sector but obviously didn't pull the right list. The rise so far doesnt seem on the same scale as some of the others so perhaps it has a little catching up to do... Not sure I can buy on that exchange either and if I can not sure I will :) but thanks for sharing your find in any case!

Edit: actually 722% rise in one year is pretty outlandish by most measures! I had a brief look and can't really make sense of the numbers but what I do quite like is that while its clearly very tied to the blockchain hype and success, including recent revenue by cashing in certain tokens by the looks of it, it perhaps hedges a little against the raw ups and downs of bitcoins by focusing on the companies building the technology. So while the current hype seems just that, if you believe in the transformational tech (I don't understand it enough but clearly some insiders do) then perhaps this company gives a way to invest in a portfolio of these businesses...

Curious what others think and if i'm reading that more or less correctly?

lemonjar

20th Dec '17

spotted Coinsilium (OFEX:COIN) as well just now, with a 200% rise in the last month and a 26% drop today. Totally rubbish stockranks, at least £KR1 looks half decent on that score.

lightningtiger

21st Dec '17

I have got COIN on my watch list & noted poor scoring stockranks so avoided any action. Another stock is RIOT a US contender in the same game with a sales growth of 1159% and almost 14M shares traded yesterday.

Only recently got the Stockopedia US added ready for the tax rat cuts to be implemented right now.

According to a clip on the 700 club the average american with 2 children will be $2,000 better off next year and should give a bit of optimistic outlook compared with us here in the UK.

There is also about 8,000 companies over there compared with just over 2000 over here, so a much larger choice and potential.

lightningtiger

2nd Jan '18

Seems as though TECH is off to a flying start to the new year, just catching a new high right now with twice the average volume ov trades so far. Are we in for another breakout?

lightningtiger

10th Jan '18

These have to be two of the most volatile shares that I have held. Time to put some numbers down for the record.
TECH 50 day MA 52.2% 200day MA 162.8% share price 26.44p up 18.2% Stockrank 99
Kr1 50 day MA 130.4% 200 day MA 311.3% share price 19.5p up 8.3% Stockrank 90
WTW 50 day MA 15.4% 200 day MA 43.4% share price $57.37 up 9% Stockrank 97 (weight watchers)

Date 9/1/18

shauniekent

10th Jan '18

Kryptonite market cap is double the figure quoted on stockopedia but my my rough calcs is trading at circa 30% discount to NAV (using only currently held coins as per last announcements)

If crypto bubble continues this could go much higher.

Fingers crosse they move listing from NEX sooner rather than later.

lightningtiger

11th Jan '18

Hi Shauniekent, where did you get the market cap figures from for KR1 from?
TECH has just one screen, R&D Breakthrough, and it is worth checking out. The UK has only 34 shares qualifying for this screen with an average return over a month is 8.1%. The top six are TECH @ 61.8% followed by 33.2%, 29.9%, 20.6%, 17.1% & 14.5%.
Now look at the US which has 200 qualifying shares, average return over a month of 17.3%, which is over double that of the UK. Their top six shares over a month are 3,233%, 304%, 149.8%, 132.3%, 121.9% and 100% at the time of writing.
Certainly worth investigating further.
As for TECH & KR1 I am still holding both. KR1 has increased 140% over the month.

lightningtiger

12th Jun '19

A lot of interest today with TECH having over 1 M trades so far. A new website could be responsible for over 100% gain in a day. Worth waiting for. Now up 129.3% up with 1.5M trades.

nicobos

12th Jun '19

Pump and dump with the usual suspects organising. Low float and low mcap so moves fast !

Hope you managed to cash out some profit before the inevitable crash.

See RNS:

https://www.investegate.co.uk/article.aspx?id=201906121325049995B

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