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Bullboard - Stock Discussion Forum Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in the oceans. The Company’s products include Kraken Synthetic Aperture Sonar (SAS), KATFISH, Launch and recovery, MINSAS, and... see more

Bullboard (TSXV:PNG)

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Post by 1rockiton Nov 26, 2024 12:51am

Larder111 ;

Congrats on the trade.. A lot of people get pissed because you sell a stock while making a nice profit.  At some point in time they will realize that this is exactly how you make money!! Cheers ...more  
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  • GetKrakenX
Post by GetKrakenon Nov 25, 2024 8:23pm

PNG discussed nice plug ...

Why investors should be bullish on these small cap stocks – BNN Bloomberg
Post by Larder111on Nov 25, 2024 7:30pm

And down we go!

Due for a correction after an epic run.Glad I sold last week .How low will she go??keeping an eye so I can get back in.Good luck!!
Comment by ddogoldon Nov 25, 2024 1:10pm

RE:Hang In There

Agree with this assessment . Thanks for posting retiredcf .
Post by NLMooseon Nov 25, 2024 11:01am

Now We Got To Hope Kraken Robotics Remains Over $2.00/Share

Over the last few trading sessions, Kraken Robotics lost at least 20% of its peak value as the stock price slide from $2.50 a share to $2.00 a share. Let's hope Kraken Robotics will bounce back ...more  
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  • JoeLawyerX
Comment by JoeLawyeron Nov 25, 2024 8:43am

RE:Hang In There

Sound analysis and advice 
Post by retiredcfon Nov 25, 2024 7:17am

Hang In There

Sales of $19.55M missed estimates of $24.0M. EBITDA of $4.14M missed estimates of $5.11M. Profit fell 29% on higher financing costs. Consolidated revenue fell 4%. 2024 revenue guidance was maintained ...more  
Comment by Asdfghjkon Nov 23, 2024 12:07pm

RE:RE:RE:Kraken Robotics Q3 profit hit by higher financing costs

I would gladly watch it drop to 1.60 and nab a pile more and avoid driving my unit cost up. We all know this thing is taking off and has been ahead of analysts forecast mostly. I know I won't ...more  
Comment by ITSUP2MEon Nov 22, 2024 12:55pm

RE:RE:Kraken Robotics Q3 profit hit by higher financing costs

52M equity financing and a sp raise of $2.50 by Canacord....won't happen until after the "Cormark shorters" bring it down to $1.60  Hope it doesn't for the "longs" ...more  
Comment by NLMooseon Nov 22, 2024 11:20am

RE:Kraken Robotics Q3 profit hit by higher financing costs

In spite the lower sales, real reason why net income is down are due to lower cost of goods sold. In an Accounting context, most companies uses the "Absorption Method" where stocking ...more  
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  • GetKrakenX
Comment by GetKrakenon Nov 22, 2024 11:13am

RE:Kraken Robotics Q3 profit hit by higher financing costs

lumpy
Post by ITSUP2MEon Nov 22, 2024 10:29am

Kraken Robotics Q3 profit hit by higher financing costs

08:21 AM EST, 11/21/2024 (MT Newswires) -- Kraken Robotics (PNG.V) on Thursday said third-quarter profit plunged 29% on higher financing costs. The marine technology company said profit fell to $1.6 ...more  
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  • sylvain_007X
Post by sylvain_007on Nov 22, 2024 9:28am

So if Canacord said target 2,50$ think 3$ for sure

Good timing for this technology and buyers are at the door waiting for a contract or a deal.
Post by retiredcfon Nov 22, 2024 8:18am

Canaccord

Canaccord Genuity’s Doug Taylor raised his Kraken Robotics Inc. (PNG-X) target to $2.50 from $2 with a “buy” rating. The average is $2.58.
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