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Tom Coughlin, Woodford , Tom Sparkman and me !
In the Edison report published shortly after the 2018 financial results, ALM's stake in Federated Wireless was valued at $63.5m, whilst the stake in SpinMemory was valued at $73.4m. The stake in Hawkeye360 was valued at $43.4m, which as we know was later sold for $65.6m. BridgeSat, the other main holding in the portfolio, was valued at $30.9m.
We should receive another similar report from Edison in mid May after the FY2019 results have been published on 29th April. It will make interesting reading for sure and hopefully the recent economic turmoil will not have too significant an effect on valuations.
https://www.edisongroup.com/publication/doubling-down-on-the-winners/24021/
Who’s saying spin memory is a big deal Pablo?
If spins tech is as good as they say it is then it’s the jewel in the crown. Billions of applications globally.
True. The company can’t be broken up like that though as PI’s will get shafted with income tax
Yep I do like to hear some positive sentiment on this board scoutt.
Federated wireless is the golden egg as far as I can see. But if spin memory comes up trumps all the better.
Fingers crossed for this year
USA needs urgently to upgrade 4g and install 5g as many areas in painfully slow areas, can see Fed Wireless stepping up and providing solutions quickly and cost effectively. Only a matter of time before the value of Fed Wireless sinks in to the internet providers and it gets snapped up for a multi bagging amount to ALMs share price now, that then leaves the other odds and sods.. By the way the really big elephant in the portfolio is Spin Memory, as this is a game changer on a scale that ARM were a few years ago. Do not sell at these levels, Fed Wireless will be bought out and you wouldn’t want to be out when that happens.