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Semi-interested

Looks like you have rose tinted spectacles for this one.

Go ahead and buy them.... In 6 months time we'll see who was better informed.

From the Towers
Barcap

Good question semi-interested.

These are my views and feelings but may not be fact as they are hard to prove but are just my uneducated subjective views.

1. The company is Canadian and floated in the UK rather than New York.
UK rules are far weaker than New York so why choose an exchange with lower standards?
2. The UK market is desperate to pull in high tech floats so may be motivated to turn a blind eye to low standard checks and balances.
3. I've seen their lab via photos and not impressed.
4. The board allegedly appear to continually use smoke and mirrors in company reports to make their business appear better than it is.
5. On floatation they only had 2 customers and it was revealed that the directors had connections with these companies which allegedly weren't fully declared.
6. Big orders from these companies declared in the float allegedly may have not been real orders but beefed up to get a higher float price.

None of this can be proved and may all be incorrect but it's what I've seen or read about in the public arena.

In my uneducated view, don't waste your investment money on this one as there are so many red flags. Being contrarian may be an excuse to buy AWE but it's not sufficient reason to throw your money away.

Anyway, take care and my views are subjective so could all be wrong.
From the Towers
Barcap

I think you'll find TSMC hands out "Partner of the year" to multiple companies each year so it's not a unique "prize".
Just Goole TSMC Partner of the year and the proof is there.
AWE does work closely with TSMC so this is more of a marketing exercise by the companies.
AWE does have leading technology however this does not directly imply the shares are good value or that the company is run to high standards.
There's probably enough red flags for you to pick up with you due diligence to counteract the green flag of an award by one of their partners.

Anyway, good luck with you research and whatever decision you make good luck with that also.

Being contrarian can sometimes be very rewarding but my position is very negative.
I'm seeing 50p sp by April.
Good luck
From the Towers
Barcap

YamR1man
Yes, I agree totally with your statement.
"Strangers" have been recommending this share from 300p downwards over the last year or so.
They've cost naive private investors thousands by following them.

I'm not sure of your position in this share?

From the Towers
Barcap

Added more to my holding.
The kettle is heating up on this one.

From the Towers
Barcap

My guess, and it is a considered guess, is that this Canadian company, chose London over New York for it's float as the float regulations are more lax in London than New York, which is factual.
New York would have been all over it before a float whereas London appears to have allowed a dodgy company float here but as the London standards are low it passed all the float tests.
The institutions that regulated and executed the float should be ashamed of themselves, however the institutions only cared about their commission and threw the private investor tonthe Wolves.
A poor refelction on London, which is a shame.

From the Towers
Barcap

Shearclass,
At last someone who is intelligent and talks sense.
I shorted these down from 270p as posted on this discussion board and got roasted gor it by the blind uneducated followers.
I think eventually they will run out of cash and 50p is my new target. ( Previously it eas 120p when they were 270p. Clearly posted here to earn people).
This company is all that is wrong with investing today. Private investors getting fleeced for their hard earned cash).

Yep 50p is next target. ( For those whoneantba time frame I'd estimate April 2023, but obviously difficult to be precise).

From the Towers
Barcap

Yes, the sp movements point towards a takeover in the wings.

Yes, more smoke and mirrors from the board.
These people are unbelievable.

From the Towers
Barcap

After the recent declines I have bought at 325p.
Cheers
Barcap

I think they have managed to keep their profit margins even though input prices are increasing.
I guess over time their profits could get squeezed a bit if input prices continue to rise, however I would expect them to be able to pass on price increases to customers.
As a leader in their field they should be able to maintain their premium.
Next year PE ratio is looking to be around 20 which is slightly racy if a recession kicks in.
However, they haven't put a foot wrong and still growing strongly in a growing market, which is both domestic and commercial.
Assuming we avoid a hard recession then this company is a no brainer long term investment to tuck away in a pension.
They did get derated recenytly ( from 500p+ to 330p) as did many growth shares so I expect the derating is over.
As their recent trading statement is now out then they will go quiet for a while ( but they rerated +10% on the statement) as no new news for a while.
Bottom line, be patient and trust this company, it is well run in a great market.
Barcap

Boyobach,
Thanks for the technical analysis.
I use trend channels and on my daily chart 940p is the top of the channel, so we are at a critical level.

I'd expect 940p to be broken to the upside tomorrow with a further move to above 1000p thisweek.
However we know tech has been highly volatile and Ocado even more so.

Key is to build a base above 940-950 and then we'll be on the bus to higher levels.

White knuckle ride!
Cheers
Barcap

Posted this for transparancy.
I genuinely don't like to see investors lose money so was only trying to help.

I took some grief off you guys but accept it totally.

From here I'm not sure of sp direction.

Cheers
Barcap, The Tea Lady
( From the Towers).

Amichel....

I'll monitor closely but will clpse at 120p or below.
I'll post in real time on here when/if I close.

Cheers
Barcap
( From the Towers)

Hilarious!

I previously posted 920p was bottom but gone a bit below that.
IMO we will see 1000p+ in next few days.

I love their tech and still much demand from other retailers across the world for this technology.
Even though home deliveries have subsided it's still the direction the whole market is going.

Hold on tight and don't get shaken out of this one.
Yep, it's a long term growth stock so volatility is expected.

Cheers
Barcap
( From the Towers)

I know the Tea Lady at the Towers..... She knows more than most analysts.

She says keep my shorts open.
( And not in a flying low sense lol!).

Cheers
Barcap

I'm not covering my short positions yet.

When it goes sub 120p then I'll evaluate

Cheers
Barcap
( from the Towers)

This company really treats its shareholders with disrespect. They shouldn't have tpnfeel like its a lottery.
Yes, tomorrow will reveal all.
Ive been shorting all the way down and will close when below 120p. This has been my consistent message on here.
I could get burnt tomorrow but we'll see.

Barcap

I'm calling the bottom at 920p

Nothing else to say.

Barcap