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Since the new CEO took up the post he has managed to absolutely destroy the SP.
To be fair most of this would of happened anyway even without him.
Early trades today at mid 12p. Weird. A lot of volume today considering the hour.
Classic auto trades. I wonder if we might see another large sell from Invesco appear later. These could be canaccord auto trades.
Agree some funny trades going on. It looks like it's being taken down in tranches on pretty low £ volume. I set up an order last night at 13.20 and got none this morning. I'm sure we will eventually get an RNS but can't see how any holder would want to be selling off into the 11s/12s. Maybe its just a dumping to actually make a purchase play to increase holding. Anyways, happy with the lot I have got so far and will see if that 13.20 appears later.
I think he’s doing a good job under the circumstances.
I thought the last report read ok considering. If the industry you are in is suffering, all you can do is mitigate and right-size. I thought the pipeline looked quite encouraging. They need to somehow reduce the income reliance from smartphone ... no idea how they effectively do that though.
New Reactors will help and customers & potential customers funding research. Just read a Infineon report detailing silicon, silicon carbide, and GaN. Making projections, for electric cars, power data centres ect, and how they would all fully transition form silicon to GaN by 2030. When Lemos says revenue will triple it really will. You also have all the M@A occurring, I read a report in Evertiq.com which details the M@A in GaN companies. Problem is this co is being shorted, I think all the companies I have seen being shorted only a couple went bust. All the others without exception have bounced back. (Anyone wants me to give them a list I can). This company has a leading edge in what has been a niche market, it’s on the verge of going mainstream and Lemos is the man to do it.
RPB1 - let’s hope you’re right. I do think LIDAR could be a bit of a game changer here.
Only problem is, IQE’s been “on the verge of going mainstream” since the late 80s.
Yep. Lot's of hope for LIDAR, GAN power, HAMR, Micro LED, etc. I think everyone here wants to see the numbers improve as they come to fruition before there's any sort of rerate.
20% up in a week....it's a start I guess!
Alwaysone - better than nowt I guess, but we’re really just back to where we were a few weeks ago.
Well between yesterday and today I have sold about 2 thirds of what I had so I am sure this will keep on climbing just to teach me another lesson I won't learn from! To go from 13's to 16s in a few days on no news makes me think it's just as likely to get pounded again in a week or two.
To be fair it went back up to 60p more on hope than any signs of real orders in 2022. Hard to know if it was over sold at 13-14p. If shorters clearing or someone else just mopping up stock. Volumes still very low but clearly demand for now. I don't expect a TU this year. Even if they did what would constitute sales well ahead of what they promised in H1 results? 120M turnover? Or large scale new orders? Think too early for that. So maybe just oversold. No director buys at these lows.
And the rise continues. Doesn’t look like a dead cat bounce…let’s see
Well I'll take oversold GoTrader. If they could do it all over again that would be nice!
Alwaysone - how exactly can you tell whether it looks like a dead cat bounce or not?
Daft thing to say IMHO.
Lordloadsoflolly. I think even you can tell that this isn’t a dead cat bounce. I’ve seen loads before.
18.5 is roughly the last few months resistance. So, will be keen to see if it holds or, if dumped again ( which I doubt this time) unless markets dump
Alwaysone - no-one can ever tell that.
And anyone who thinks they can is kidding themselves.