We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
yes I've averaged down twice with this one.
Currently sitting at 36p b/e so pretty happy with my position. Bridge comm coming along nicely.
Hoping for a FED update soon. And I've lost all hope with SPIN.
GLA
Someone is selling hence the continued drop. Noticed volumes up over last few days. On the flip side, someone must be buying the sales.
Looking forward to update next month. Very much underwater on this one. Averaged down too many Times !
Heavy buying today (for ALM anyway) and barely a shift in the SP
Interesting times ahead me thinks
Fingers crossed Scoutt.
A lot of us have been patient here
But if the portfolio can start to produce venues we should be nicely rewarded.
Pleased I averaged down to 36p last month
This news is exactly the starter we need to prepare for the serious news from Fed and Spin. Sales start later THIS year. Maybe this is the last of the downside and from now on we can look to a continually increasing price. Glh
lots of articles quoting this;
https://www.rcrwireless.com/20210217/wireless/dod-looks-to-federated-wireless-and-a-private-5g-cbrs-network-to-build-a-smart-warehouseshare
price is now below value of FED alone and they think there will be an up round on meeting targets. any good updates will be followed by another article from simon thompson in Investors chronicle and we will have a rerate.
very predictable
Eerily quiet here, bad news would at least be more interesting. Crystal in negotiations is my take although I can offer no evidence. Would be interesting to here an update from Fed with a projection of profitability and time frame, anything to judge them by. In the meantime, ride out the bubble that is Sxxxcoin and await gold and silver to resume their upward trend. Sorry if I have disturbed any sleepy heads here.
I always find the trading patterns for ALM very interesting
Lots and lots of very small trades today. So small they're not even on the MM's signal list
And two good size buys of 15,000 shares.
Maybe just people following the director buys. But we've moved into the 30's so i'm feeling good about this
Imo is good for a move to 50... I’ll be keeping an eye on it at that level. This certainly has a chart structure in place that could send it to 170.
Obv price action needs monitored on the way up as this is without consideration of any fundamentals
Afternoon Marc
Yes I agree with the technical stand point. 28p did feel like the bottom so I took the opportunity to average down, my b/e is now 36p which I'm happy with.
The ALM BOD is awful as far as I can see, but with crystal amber still invested I'm hoping some disposal of assets will push this back towards the 40's
And if it does I'll be selling. GL to you
Pablo
I agree spin is a bit of conundrum
But the 9 month delay in testing (?covid related) was disappointing.
Also add to the mix our woeful BOD.
Spin has fantastic potential, the question is can ALM manage them correctly? I'm doubtful . . .
Been buying this stock here, first time investor in Allied minds.
From a technical stand point this looks like the bottom. Been buying this level past few weeks.
Will add to position higher up once this setup is confirmed.
There is currently huge divergence on the 1day. Should make a pretty quick move up soon.
The spin ambiguity still confuses me. Reports over the last 6 months have be positive. The last company presentation (never rns’d) on the 29/10/2020 also confirms this and confirms a working product :
https://ny-creates.org/wp-content/uploads/STT-MRAM-Technology-and-Applications-Pinarbasi.pdf
There is a lot of complex data but concentrate on the last 12-15 slides.
In September the following article :
https://www.eetimes.com/spin-partners-with-arm-applied-in-mram-manufacturing/
December :
https://www.eejournal.com/article/spacing-out-with-spin-memory/
https://electronics360.globalspec.com/article/16072/bringing-us-domestic-chip-manufacturing-back-part-1
https://electronics360.globalspec.com/article/16092/legislation-key-to-accelerating-us-domestic-chip-manufacturing-part-2
Also in December Thomas Boone was appointed Vice President of defence and aerospace for Spin
https://blog.executivebiz.com/2020/12/thomas-boone-elevated-to-defense-aerospace-vp-role-at-spin-memory/
Then in January Alm report liquidity issues @ spin ( understandable ) but funding required at a significant down round from previous rounds. How is that possible when they now have a working prototype and developed their unique technologies?
I’ve been in and out of these since the £1.20 days of Woodford, generally down but then short sharp rises, all in all am about even due to top slicing. Every time I’m out, can’t help but look at the price as Deep down I know that both Fed and Spin are unicorns about to blow. Anyway back in at 27p top slice 50p. As for the board, they are so useless, if they started seriously buying I would have to reconsider my investment.
Well people buying 50,000 shares maybe a sign of big interest or it could just be a few investors who target companies with directors buying.
Either way for me i need to understand when real revenues will be demonstrated or at the very least and understanding on the pricing for each sub service. For a management statement to say that they will grow revenue by 500% this year without stating the starting revenue is a joke IMO.
This management team have broken too many promises for them be credible to me anymore.
But ...... There are a lot of big companies invested so still think there is something there and would appreciate any views.
So for being so neg. have a lost big time with this co.
Yes some compelling points there, I’m happy with my b/e of 36p given the current NAV
But I can’t help but notice three 50,000 share buys in the last 2 days.
That’s certainly confidence.
Likewise keeping an eye on the share price and may well get back in, but not sure at what price. I cant see the next few months going well without something dramatic dropping but didn't seem to me that was likely from the changes and the year strategic update.
Crystal amber extracting value at board level does sound compelling - but they must have been aware of the issue with Spin and starting to wonder if the main issue is in the subsidiaries and a lack of ability to deliver any revenue and therefor value, maybe they are just too many very bright PHD types who are very hard to manage and wanting to change the world rather than make money for shareholders. Adding this to the lack of any serious director buys at such lows levels compared to their previous buys is strange if there is such hidden value.
I think real traction in a market with clearly stated revenue is going to change the fortune of this IMO....... but where will this come from and when?
Think ipo of Fed long overdue they were probably waiting to get to the other side of the value valley before offering. With Biden in place and reforms about to be enacted, re: the economically isolated, think there is a lot of mileage in Fed. Jury's out on Spin, could be a monster but when, a lot of big hitters are piling in so assume due diligence has been done, hate assuming anything but some times you have to. As to the rest, could be someones interested, who knows, I don't. Anyway my mind made up to buy in on dips if I'm lucky. GLA
director buys yesterday (although not huge) does show some faith Scoutt
I averaged down to 36p b/e last week so I'm pretty pleased with my timing
Hopefully with CA now exerting pressure we'll see a disposal of assets soon
GLA
Keeping an eye on SP as think at 25p the risk reward seems compelling. No news from SPIN or FED, is that good or bad. Anyway glh I may soon join you.
No doubt, the investment case is strenghened by having an entity like CA in your corner.
Preciousmaj.... wait and you’ll see how
Good update from crystal amber.
And I think Dungiven is right - CA have been piling the pressure on to release value. Hence the changes made.
I averaged down to 36p today, but my buy was registered as a sell.
Good luck all :-)
Very heavily exposed on this one and have been very disappointed . Reading between the lines, CA have been piling on the pressure on management in order to release value. Volume trading is low . Fingers crossed.