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ChromoGenics

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Window purchases became relevant to me, so I remembered this Swedish company and checked the situation. The scenario went as I assumed (*) and a share issue was arranged during Q1. The war in Ukraine and inflation hit on top of that, further worsening the situation. It’s easy to ...
I looked through the 2022 figures and concluded that at a burn rate of 10-15 MSEK/quarter, the company will run out of money by the end of the year. Production difficulties, material waste, and the CFO is resigning. The ESG card is being played, but it still smells like bankruptcy...
The wait has been long. Well, at least something seems to be happening. There is likely a demand for the product in the Middle Eastern market. Let’s wait for the trade announcements: ChromoGenics enters cooperation with Future Glass, UAE ChromoGenics and Future Architectural Glass...
Hopefully, this isn’t the only project; more are needed now that the price has dropped to roughly one-hundredth of what it was. For me, 10-baggers won’t be enough here
Construction on the facade is now starting. One of the most magnificent 6-story office buildings in the middle of Oslo is nearing completion: G T 5 Gullhaug Torg 5. The building is finished, and companies are starting to move in. And what’s interesting is that only bicycles have ...
I wouldn’t say it’s a scam, but rather that the company is in deep trouble. At least the things I’ve mentioned can be read in the company’s own publications. Bankruptcy risk isn’t shouted from the rooftops, but I was able to get a picture of the situation in less than fifteen minutes...
ChromoGenics AB Rights Issue. Let’s see how that’s subscribed, I don’t think I’ll be funding it anymore, I’ve done my share/taken my losses.
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