Allied Mind Share Chat (ALM)

I bought in a few months ago due to 3 revenue streams coming online this year. So far none announced but will happen. Happy to hold.

When commercialisation comes, it will have been worth the wait.

e.g.
https://www.federatedwireless.com/taking-shared-spectrum-to-the-edge-with-the-kinetic-edge-alliance/

https://mobile.twitter.com/hawkeye360/status/1090658309215084544
https://mobile.twitter.com/hawkeye360/status/1090991860502401025

Ok so now the question is where are all the smart alics that predicted that this would explode ?

The share price continues to dip without any news, update, or other relevant information. As the majority of trades are of small volume, could this be an indication that investors are losing interest? I see good potential in ALM at this price, but will desist from adding in case it falls to a lower value as has proved to be the case in recent weeks.

Apart from the Baron effect, this share has only known the term; downward. Could be a good year for ALM but still 9 months left in it. Watching and holding a few.

on this dip.GLA.

Many thanks. This is very encouraging.
https://digitalcommons.usu.edu/cgi/viewcontent.cgi?referer=https://www.google.co.uk/&httpsredir=1&filename=0&article=3379&context=smallsat&type=additional

Interesting article re the recent Hawk satellite launch in Popular Mechanics
https://www.popularmechanics.com/space/satellites/a26112020/satellites-fishing/

yes heading back up nicely. Back to the high 60's soon. Even then, undervalued.

The rise in dec was certainly not caused by Crystal but when a very well known investor tweeted it. They went up something like 50%. Every time he does they normally blow. Jkx was the last one.

Nice to see a rise today !

It’s evidence that the vast majority of shares are tightly held and that the market is not liquid. I expect the rise that started in December was caused by Crystal Amber accumulating and its dropped back because they sent the price too high for themselves, at least for now.

I’m still researching and waiting but, FWIW, I’d suggest committed holders try to tune out the daily noise and pay more attention to the low-frequency signal. Chances are if you try to sell in volume, you’ll affect the price so, unless you can retreat gradually, you’re effectively bound until there’s news that creates institutional buying again. The same will probably apply in reverse to any attempt to buy in volume.

I am surprised that ALM’s share price is determined by so few trades. Yesterday’s closing price was down to an UT value of 26. Similarly, this morning’s trading is into double figures at the time of writing and the share price moves upwards as a consequence. To my mind this makes total nonsense of the current valuation of ALM shares.

The share price continues to tumble on a daily basis - on small trading volumes. I cannot find any explanation for the continued decline, and will be tempted to top-up should the share price venture into the mid 40s. Apparently the influence of the company which recently declared a 2% stake in ALM is not impacting positively on the share price.

on why this share price is taking a tumble. I keep buy-in the dips.

I'm convinced there's some mm shenanigans going on to keep the price depressed.

It’s not that simple an equation. Who got Allied Mind a mention in the Sunday Times and when was the last time that happened? I wouldn’t underestimate Crystal Amber’s activist credentials nor the association with Woodford.

That said CA may not want to change anything anyway. That’s part of what I’m trying work out. It will be easier to determine this when they issue their next quarterly report in two months. They may just see a bargain and be perfectly happy to wait quietly and they may continue to buy.

Check what they did to Aer Lingus after they announced a 2.8% stake, or Ocado last year, when they tripled the value of their small stake before exiting.

He can do sweet FA with 2%.
Over 70% of the company is held by 10 different holders.
Woodford and invesco alone have a combined 47% and they can’t “shake trees “
An interesting point is that WPCT and invesco own around 42% of Crystal Amber

Richard Bernstein who manages CRS has a fearsome reputation for speaking up when quieter efforts haven't succeeded and is highly respected by the press. I met him about 18 months ago and got on well with him. I'd suggest following him on twitter and checking his past coups. 2% is plenty of justification for him to create quite a ruckus if he feels the need but he'd regard it as a last resort if other forms of engagement haven't caused changes.

I'm still reading before investing but definitely interested.

Thank you, but how significant and influential is a 2% stake in a company? Both are similarly sized companies with CRS having a MCap of 201.5m and ALM 151m, although I am not clear about the role that CRS plays with regard to the companies within its portfolio. Presumably, the larger the stake the greater the influence that it may exert?

Confirmed today that they hold Allied Minds.

https://www.investegate.co.uk/crystal-amber-fund-limited--crs-/prn/monthly-net-asset-value/20190211070000P9023/

Many thanks. There’s a lot of reading up to do before I decide to make the leap because it’s a complex picture so I sincerely appreciate these pointers.

NigWit,

Probably worth a deep dive on Federated Wireless. Amazon collaborated with Federated Wireless, Ruckus Networks, and Athonet on a live demo of a cloud-native private-LTE network supported by the Citizens Broadband Radio Service (CBRS) band for Industrial IoT applications at the 2018 Amazon Web Services (AWS) Re:Invent which could prove lucrative in the not too distant future.

https://www.ecnmag.com/news/2018/11/amazon-power-cbrs-iot-demo-federated-wireless-ruckus-and-athonet

Thanks AS1

I’ll have a read of all the constituent company websites and RNS reports for the last couple of years too.

Hi NigWit,
Probably best summarised by Coldspy with his 4 Dec post "W/thanks to Iaintgotaclu" copied below. Hope this is helpful.

It’s abundantly clear that sections of retail investors, hell-bent on banking miniscule profits, continue to miss the glaringly obvious point about Allied Minds Plc; the company is materially mispriced. Period.

And as expected, the five Market Makers on the stock threw a staggering level of ‘head fakes’ to secure cheap stock – such a text book tactic yet it always lures the naïve investor into selling too early. Consequently, and as if on cue, the stock closed at 74p; the top-end of its intra-day price action indicating a strong bull run in progress.

So, why the strong demand for the stock?

• At the current share price of 74p, ALM is trading marginally above its cash position; at the end of September 2018, the company had net cash and investments of £103.4m ($132.2 million) of which £51.7m ($66.0 million) is held at parent level. This includes excess cash in form of fixed income securities.

• HawkEye 360 Inc., the company’s 48.35%-owned investment successfully launched three of its satellites tonight from SpaceX’s Falcon 9 rocket. The rocket launched from California’s Vandenberg Air Force Base. The satellites will be the first (globally) disruptive tech designed to monitor radio signals from the four corners of the Earth. Sporting obvious military applications, the company boasts an impressive line-up of customers that include the United States Department of Defense, Central Intelligence Agency, United States Border Patrol, the United States Coast Guard, and a string of US telecom providers. It plans to launch three more satellites in 2019. The successful placement of the satellites denotes the company’s official commercial launch. Analysts at Bank of America Merrill Lynch have penned a post-commercial launch valuation of $422m (£331.3m) on the business.

• There’s a further spectacular inventory of extremely valuable businesses such as BridgeSat Inc., Federated Wireless Inc., and Spin Memory Inc. where the company has a significant controlling interest in each of them. Once again, and according to Bank of America Merrill Lynch analysts, the collective, pre-commercial valuation of these exceeds $377m (£295m).

So, let’s do the sums.

The company’s current market cap is £177.6m (74p).

Less cash and investments of £103.4m, the market is collectively valuing HawkEye 360 Inc, BridgeSat Inc., Federated Wireless Inc., Spin Memory Inc., Precision Biopsy, Inc., SciFluor Life Sciences, Inc., Signature Medical, Inc., LuxCath, LLC, and Orbital Sidekick, Inc., at a paltry £74.1m! This – premium quality assets at fire-sale prices – is not only unwarranted, but implies an extraordinary disconnection with the fundamentals.

Https://www.cnet.com/news/spacex-falcon-9-rocket-completes-historic-third-launch-and-landing/

Hello

I’m researching and considering investing. I’ll do my own reading but I’m just wondering if any of you can point me at a list of key share price drivers for the foreseeable future.

I’m not a short term trader so there’s no rush. It’s just come up on my radar following last week’s Sunday Times piece. However, since it has so many constituent businesses it’s complicated so I’m hoping someone can guide me to the most significant elements.

Thank you.

The CEO believes in this business to the extent she takes a reduction in salary. What more commitment would a shareholder want?

Plus they have enough cash to run operations for 2 years.

Plus 3 of their business investments are on track to being commercially viable this year, independent of reserves. These alone will add to shareholder value.

Plus they have WIM backing them further at the coal face.

Plus they have a whole raft of institutional investors invested in them.

Give this 12-24 months and it will be a multi-bagger