Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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https://www.spinmemory.com/spin-memory-unveils-new-method-of-designing-memory-to-shake-up-100b-chip-market/
This article is interesting as it suggests that Spin's newly mentioned tech assists the other emerging technologies that loot mentions, incidentally, some of those technologies have been around for a very long time. This article suggests it may make th owe other technologies viable. Presumably, Spin would get licence fees/royalties from any such future arrangements.
"Spin Memory’s new Universal Selector creatively solves this problem with a novel approach to how transistors are designed and built into memory chips. It is a completely new way of designing dynamic random-access memory (DRAM), magnetoresistive random-access memory (MRAM), Resistive RAM (ReRAM) and other emerging memory technologies — which encompasses more than $100 billion in semiconductor products. The Universal Selector allows on-chip memory to achieve higher levels of performance, reliability and density than ever before, which will boost innovation to levels above that anticipated by Moore’s Law."
Thanks for the info loot
CBRS auction passes $4 billion
Hi Echo,
To explain; I don’t need to understand the intricate detail of every company I invest in, but I do need to at least follow the business logic to the extent that I can anticipate revenue from future activities. So, like you, I see FW as the golden egg; even though there are many aspects of the business I don’t fully understand.
For Federated Wireless the business model is to manage shared spectrum, not to own spectrum. Once the auction is complete, a secondary market will exist where unused spectrum can be leased between participants. Feds ‘Spectrum Controller’ will track and manage ownership along with all leaser data. I think Giggs linked to an article a while ago in which FW was described as a sort of AirBnB for spectrum. I still have many unanswered questions but at least I can see how FW can generate revenue from such a service.
However, Spin Memory still feels like a bit of a ‘moon shot’. They are described as the leading developer of magnetic RAM (MRAM). If MRAM were to replace ‘power hungry’ SRAM and DRAM then clearly we could be talking about the next Intel or ARM. But MRAM is not the only horse in this race. Other emerging technologies like phase-change memory (PCM) and resistive memory (ReRAM) exist. There must be challenges with each of these memory technologies otherwise we would be using them now. The advent of AI and IoT creates a more immediate opportunity for one of these memory technologies to become commercial; but which one (if any)?
For me, FW is ideally placed in a soon to be existing market whereas Spin offer a greater prize but with a lot less certainty. This is the advantage of investing via a vehicle like ALM. We have a pipeline of companies at different stages of maturity. Two to three years from now FW may be ready for IPO by which time Spin may have solved many of the technical challenges that must currently still exist.
Future collaborations and partnerships between Spin Technologies and other participants in the market should help us gauge the acceptance of MRAM but for now, I’m happy to let that story evolve in the background. My interest is solely on FW as I believe this alone will drive the ALM share price for the foreseeable future.
loot
I do think you're correct when you talk about the different stages Spin and FW are at.
And personally my focus has been on FW for some time now. I've always seem them as the golden egg.
But if I'm very honest its beyond my understanding what FW actually do. But what I do know is that the market for 5G will be massive. And they have fantastic exposure to less well connected areas and do seem to be a pioneer of CBRS usage
When it comes to Spin my understanding is that its a novel approach to memory storage which will help develop new smart technologies. I think the 20th of August is when things could get interesting.
I think Spin are at least 5 years from being where FW are today hence the difference in news flow. FW simply have more market relevant news to tell. Spin may or may not get there but, at the moment, the news from Spin seems mostly technology/engineering focused; not the stuff of RNSs which are meant to inform on market relevant news.
This may be an unpopular opinion but personally Spin is the type of company I would never invest in. The fact that it is part of the ALM stable is fine by me but it's not why I'm invested. I bought in to ALM because I was looking for a play on 5G (which I believe will be transformation). FW are the purest play on 5G I could find in the market and the NAV estimates of ALM further convinced me to invest.
So why would I never invest in Spin? I simply don't understand what they are doing. I'd argue that only a very select few industry specialists are in a position to know if Spin have a chance of making it. If they do, there's no doubt that they would dwarf FW in value. But the whole thing seems a bit academic. As Dorsett said; we may know a bit more on the 20th but I'm not particularly interested. It's not why I'm here.
PS big trade after hours for £100k
excellent debating again.
Nuck - optimism is excellent, I think £1 is very much achievable but I don't think it'll be until 2021.
I think the road map for FW is fairly obvious (CBRS and C band auction etc).
But Dorsett makes a good point about August 20th and Spin. The conference they've been speaking of could be a major catalyst.
Happy to hear views :-)
Loot, totally agree with Echo and yourself. Tbh I wish all my gambling money was in Alm cause my similar investment elsewhere is down. All I’m saying is that I think this share should be steam rolling towards £1 with recent news. Maybe I’m just to optimistic lol
I absolutely agree with what you’ve said, I’ve not much to complain about. The past few weeks have been very positive.
I’d just love to hear more about Spin. FW post about their progress quite a lot on LinkedIn but Spin post very rarely. I guess that conference Spin is taking part in on the 20th August will have more info.
The share price is over 40% higher in the last 30 days driven by a series of encouraging news releases.
Since the beginning of the year we are down 15% but 'FTSE-100' and 'FTSE All Share' are both down around 20%. In that time we have had a special dividend pay out almost 30% of the current share value.
I can understand someone who bought 5 or even 2 years ago being frustrated; the price was much higher then. But personally (just like you NuckyT) I'm around break even at my entry price and in profit when you include the special dividend.
Given all of the above I am more than happy with my investment in ALM. I repeat 40% share price increase in the past 30 days.
If I have an issue with ALM its that I cannot really value FW because I lack the understanding of their business to calculate future revenue stream. But that's hardly the fault of the company. I rely on commentators like Edison to assign a value to the company and I am happy to stick it out and be patient.
I think ALMs PR company “Instinctif Partners” is clearly not very good. You would have thought that Spins breakthrough would have been announced via RNS too.
Obviously mate, just think it’s a bit bizarre that’s all. I’d have thought some of this weeks really good news would have affected SP a bit.
Nuck - I don’t set the price mate. I’m merely suggesting why the price may not have shifted. I think we’ve still a long to go.
Patience is going to be required with this one I think
Echo, the majority of tec stocks with great potential are already priced into share price
I think you summed it up by the word ‘potential’ Nuck.
The recent news could be viewed as the building blocks for the real success.
As someone else said Fed is the next likely disposal from the board and I’d agree
Let’s see if they can extract fair value for it . . . .
Echo, it appears to me we’ve had a lot of potential good news over the last week. I’m not quite getting why the share price isn’t reacting positively.
Be good if we could breach and hold 45p
I get the feeling this current range were in needs breaking with a big piece of news