Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
“Alphawave is a key partner for Samsung Foundry in so many ways across our businesses, and we have been pleased to work with them as they are the established industry leaders in connectivity for 7nm, 5nm 4nm and beyond. This design win with a strategic global hyperscaler will be the first of many that leverage the Samsung platform in 2021 and beyond.”
Apologies. Didn't realise it had already been posted.
Also, unless the percentages have changed ( which may be the case) I wouldn't be quick to relegate it to being old news
https://www.ft.com/content/ff148b98-9bb6-4bef-b0e2-920a534e6dbf
Alphawave: caught short
Tiger Global has made a rare appearance in the London market with a £10m bet against Alphawave IP, the recently floated chip designer.
Regulatory filings showed the influential New York hedge fund this week adding to a short position equivalent to 0.8 per cent of Alphawave shares. The stock had already dropped by more than half from a flotation price of 410p in May amid concerns about the Canada-based group’s reliance on sales to related parties.
Tiger Global’s last big negative bet in the UK was targeted at the retail sector. Between mid 2018 and mid 2020 it disclosed short positions in Next, Kingfisher and Asos, which fell by an average of about 50 per cent over the period. A fund spokeswoman said Tiger Global doesn’t talk publicly about its investments.
More than 7 per cent of Alphawave’s free float is on loan to short sellers, according to IHS Markit data, which makes it the year’s second-most bet-against LSE float after greetings cards retailer Moonpig. Tiger Global joins Naya Capital Management, Carmignac Gestion and AKO Capital in reporting sizeable shorts against Alphawave over the past month.
https://www.design-reuse.com/news/50828/tsmc-partners-of-the-year-2021-oip-ecosystem-forum.html
https://twitter.com/alphawaveip/status/1453326142866329607?s=20
hype and news are the main drivers or pre-revenue/ new companies. The chart action is nothing out of the ordinary for companies at this stage. Its just a question of picking the winning horse which no one can really answer until we get more financials.
Pretty sure that Phase 1 is now over and prep work for Phase 2 in 2022 is in the works.
http://www.helium-one.com/2021/10/06/helium-one-company-news-september-2021/
Should always have Lipsky doing the PR stuff.
Relax. Zoom out. We're still almost 40% up from recent lows. No doubt some who bought at said lows will be taking profit. Nothing to see here just normal market mechanics.
News flow is good, decent prospects in my view so as long as that remains the case then the daily movements are just noise (for investors of course ).
You can't expect some of those who bought at 170-220 to not take profits. Not everyone is in it for the long term. I bought at 205p an I'm happy to hold for now.
all the main online retailers have taken a battering in 2021.
Long term they will be fine but they were all generally overvalued due to hype caused by the covid tailwinds
probs due to a balance between profit taking for those who bought between 180-200 and those who see this as a great dip to buy into
I don't think all is OK. The company will need to address the FT articles concerns in more detail over the coming days in order to restore previous confidence levels. But a massive overreaction in my view so happy to put open a modest position.
280 maybe over the next few trading days but think the FT article will likely put some off .
NT to buy £3ks worth but will let me buy as £1k chunks
Unable to buy more than £1k at a time.
Any particular reason why it has dropped approx 22 % since July?