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Kontrol Technologies Corp N.KNR

Alternate Symbol(s):  KNRLF

Kontrol Technologies Corp. is a Canadian company, which is engaged in smart buildings and cities through Internet of things (IoT), cloud and software as a service (SaaS) technology. The Company provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings. It aggregates data generated by IoT devices in cloud-based management and analytics services. This allows remote devices to be monitored and controlled by facilities managers via smartphones and tablets. The Company has collected and analyzed approximately 15 billion data records across various buildings. It is developing a suite of IOT devices, including the Smart EMS and various related sensors to connect buildings and make them intelligent. It provides in-suite building automation solutions and can be integrated into existing building automation systems.


NEO:KNR - Post by User

Comment by v_guerrieroon Jun 16, 2021 7:43pm
108 Views
Post# 33399778

RE:RE:RE:Endless posts

RE:RE:RE:Endless posts

WiLander, I have been trying to help you.  

I told you do not buy a company that issues stock to pay its bills.  

You must admit I did highlight to you when you sold QTRH in the 2.40s and bought this in the 3.50s range, that it was not a good idea.  You can look at my posts where I advised WiLander on the QTRH board.  

I then said that this was on track for a death cross.  That occurred.  When the rug was taken out under this stock I said if you can get out at the 200 DMA you might be to avoid further downside.  You had TWO opportunities to do that to have minimized damage to 20-25% of your stack.  

Then you can see my post that when they did they equity raise to "get the F### out now" if you haven't already.

So this is where this is at.  The investors did not buy at 1.50.  They bought in at 0.60 when included the warrants at the time.  Given the price decline and the warrant decline they are now breakeven at 1.00 stock and 0.50 for the warrant on initial investment.  

You better hope they can sell more units and get to cash flow breakeven and not require anymore outside funding. If they had to raise equity at that cost a couple of weeks ago, imagine what an equity raise will cost in a couple of months... and that assumes that there are investors available with capital to invest in something like this.  

So, buying at 1.00 is in my view still a risky investment.  You have warrants that vest at 1.75 and provide a ceiling. You then have the experience that they will do down round equity financing at a very high cost of equity and are willing to give away warrants.  So there is risk of that on just cash flow issues.  Maybe there is 50% upside and there is 50% downside.  That is what you own right now.

Technically in a crash situation like this, stocks go down when the selling stops.  Nothing else stops it.  The volume is still too high to suggest a bottom.  Additionally the RSI indicator has hit elevated levels but not extremes.  In is in the high 20s not in the 12-15 range where it hit before.

I don't know anything about this company.  It could change the world or it could be like those ideas for $10k dry cleaning machines inside a home.  I am just a swing trader.  

Now QTRH chart is setting up for a 40-50% move higher and trades at book value and has more than half of its market value in cash and pays a 2% dividend.  Here is a pair trade idea.  Buy QTRH back now sell it at $4.  Then rebuy this at $0.50 and you will triple your number of KNR shares and maybe you can ride the next move with a bigger position.  

 


 

 

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