$KTG Hi speed welder building for a bust above 41Theres a decent capper at 41, so a close above that might lend this one to a decent run. Signs of accumulation are there with solid volume on the ups.
KTG trade ideas
KTG short term outlook 11 jan 21the once hyped stock at listing has had a nice bounce here, not sure if it has the energy on this leg to pass 400?
Cup & Handle Pattern but....$KTG A setup arriving soon if it breaks above the current levels. Watch the PA
$KTG thin trader needs a close above 25 for conviction.The buy was 20 but this thing looks awesome if it can flag around 25c today or Monday. IMO.
$KTG:ASX - KTIG - CSIRO developed tech welding company.KTIG is not the normal kind of stock that I would buy but their association with Australia's CSIRO combined with claims of super efficient manufacturing tech with massive enterprise cost out caught my attention. I liked that they also cater to a wide range of high growth / high income industries including - Nuclear; Aerospace; Defence; Oil & Gas; Mineral Processing; Pipe Mills & Tube Mills; Power Generation; Filtration & Water Treatment; Process Industry; Pressure Vessels, Suction Vessels & Cryogenic Vessels. Newly listed and down off the open, but might be worth a watch.
What is K-TIG?
K-TIG is the developer and manufacturer of a patented, high productivity welding technology known as Keyhole TIG.
A K-TIG system is able for perform a traditional 6-hour TIG weld in 3 minutes, and to a quality standard which meets the most demanding requirements of the nuclear, aerospace & defence industries.
In addition to 50x to 100x speed advantages over TIG/GTAW, the K-TIG technology reduces power and gas consumption by up to 95% and dramatically reduces labour costs.
Cost Savings
What are the cost savings associated with using K-TIG?
Overall cost savings are routinely in excess of 90%.
Who are K-TIG's customers?
K-TIG’s customers include many of the world’s largest fabricators.
Our customers range from Global 500 companies such as G.E to industry specialists such as Bilfinger and Aibel, to the world’s pre-eminent advanced manufacturing development centres such as:
- The Nuclear Advanced Manufacturing Research Centre (NAMRC) (UK)
- The Defence Materials Technology Centre (DMTC) (AUS)
- The GE Global Research Centre (US)
K-TIG serves and supports its customers worldwide through a combination of direct sales and its international distribution network. K-TIG invests heavily in research and development, and is committed to transforming the welding and fabrication industry.
Unlike traditional welding, K-TIG welding requires no edge bevelling of the materials, and eliminates the need for wire consumables.
How has K-TIG been developed?
Developed by the Australian Government’s Commonwealth Scientific & Industrial Research Organisation (CSIRO), K-TIG is a high speed, single pass, full penetration welding technology that eliminates the need for wire consumables and edge bevelling.
K-TIG produces exceptional quality welds up to 100x faster than conventional TIG/GTAW welding in materials up to 16mm (5/8 inch) in thickness.
The heart of the K-TIG system is a multi-processor controller and communications platform which has been designed from the ground up to reduce complexity to a push-button operation. The system is capable of integrating with virtually all welding automation equipment in use today.
The sustainability dimension of K-TIG is significant. The order-of-magnitude power and gas savings provide an opportunity to significantly reduce the carbon footprint of the industrial welding and fabrication industry.
The result of ten years of research and numerous customer deployments on four continents has resulted in a welding technology of extraordinary productivity and simplicity.
How is K-TIG different?
We thrive on solving customer challenges and embed these solutions into every successive generation of our technology.
K-TIG has world leading expertise in the following areas:
- Keyhole TIG and Keyhole GTAW welding
- Advanced welding physics
- Welding control systems
- Welding automation
- High productivity welding of corrosion resistant metals and exotic materials
- Autogenous welding
- Cloud-enabled welding systems
K-TIG’s customer support, distribution, product development and R&D divisions are structured for a single purpose – to increase the productivity of our customers.
What fabrication sectors can be used with K-TIG?
K-TIG serves all major fabrication sectors where exceptional quality and high productivity are demanded, including:
- Pressure Vessel, Suction Vessel & Cryogenic Vessel
- Nuclear
- Aerospace
- Defence
- Oil & Gas
- Mineral Processing
- Pipe Mills & Tube Mills
- Power Generation
- Filtration & Water Treatment
- Process Industry
