Member Info for Dibs61

Don’t expect it to be a 7am RNS. IMHO it is highly unlikely to be. More likely it will be intraday and timed to be either after or in co-ordination with a specific UK-RTC press announcement and possibly in conjunction with the Health Minister. I don’t think BoJo will be involved. We must not forget this is just a milestone, an important one of course, but it’s not the commercialisation of the Test where mass distribution commences. Thus no point in PM involvement at this stage. Following DF There will be a period of validation/independent verification and finally approval by PHE which hopefully will happen before end August.

And then it’s all systems go!

Can buy at quantity @ 50.5 but a dummy sell goes to NT. Surprised we are not seeing more interest will all the positive media coverage.

Some great mainstream media coverage today. So many times antibody tests talked about but this really is about the UK-RTC.

Hard to ignore the specific statement by Bell re 'Gold Standard'. They must be very confident indeed.

This information clearly precedes an imminent DF announcement because the test is now being distributed for testing. In other words DF has happened and we are now awaiting the formal announcement.

rb that 75k was me. This is so ridiculously cheap. I'm buying a MC of £2.7m one of the lowest on AIM and just under £1m of that is cash so an EV of, say, £2m. Crazy with their various projects and interests.

Also I note that Shareholder funds were £3.13 million in last accounts in 12/2018

Ostensibly you seem to have found a good solid one here which looks a bit undervalued.

I wonder though that there is a serious amount of illiquidity. Also a complete lack of interest from (your favourite term) the 'market'. How do you drum up the interest in a dull looking security stock?

Otherwise I agree your £1 target looks very reasonable.

Strange question really? No one can be sure of the answer but let me put it back to you... is it negative for the industry? Will it do harm? No. It's positive.

https://www.sparkadvisorypartners.com/portfolio-item/reverse-takeover-on-aim/#toggle-id-4

Spark with immediate effect. Brought in to complete a RTO transaction? We can but hope!

https://www.investegate.co.uk/iqe-plc--iqe-/rns/iqe-plc--sipf-funding-of-south-wales-cluster/202006260704351980R/

Great news for IQE and UK Semiconductor industry

Following the interview I’m now expecting a steady rise to over £1 in the lead up to results in late July.

Sometimes in the AIM market it is better to travel than to arrive. I can see at least a one bag from here before Hospital results. I will look to derisk before results by taking out my original investment and letting the rest run for a free carry.

trader212 - I agree - that’s my target for DF - between 20/30% increase which is 60/65p.

I expect a spike on DF possibly beyond 65p initially but then sell on news - particularly with lots of placing shares sitting on a 50%+ gain at that stage. Some will cash in.

The market will then quickly turn its attention to orders and sales. At 65p, post placing, the MC will be £116m.

In the interests of ‘transparency’ I do hold a position again here which I bought today @ 50p but I will be exit again when it reaches my target price.

I’ll continue to give my honest analysis. Take it or leave it. I remain bullish about this stock but buy and hold is not always a great strategy on AIM where this is such price volatility the trading opportunities are too good to ignore.

nm

To all those holders applying for your subscription shares @ 40p.. I hope you get all you want and make some good money on them because you deserve it.

Incidentally weren’t Abingdon going to announce some ‘news’ today?

https://www.bloomberg.com/press-releases/2020-06-23/device-authority-s-keyscaler-iot-security-platform-now-available-in-the-microsoft-azure-marketplace

Big news for Terns 56% owned company Device Authority

”We are delighted to launch our KeyScaler platform on Azure Marketplace today.
We have invested significantly in integrating our platform and solutions with
Microsoft Azure, and now customers and partners can consume KeyScaler directly
through Azure Marketplace as they develop and deploy their IoT projects,” said
Darron Antill, CEO of Device Authority.

Sajan Parihar, Senior Director, Microsoft Azure Platform at Microsoft Corp.
said, "Microsoft Azure Marketplace lets customers worldwide discover, try, and
deploy software solutions that are certified and optimized to run on Azure.
Azure Marketplace helps solutions like Device Authority’s KeyScaler platform
reach more customers and markets."

We were supposed to follow the French market. We are down 6.25%. They are down 3%. Not much alignment there.

Device Authority is 56% owned by Tern. Device Authority's Keyscaler Software security application has gone live on Microsoft Azure Marketplace and is regarded by Microsoft as best in class. Microsoft have only yesterday acquired another software company CyberX for around $145 million. Device Authority is also a specialist in IOT security and the two companies could be complementary to MS. An acquisition of DA could follow but even if not this is a MAJOR coup for DA to now have the backing of such a prestigious customer.

Great news for Tern investee company Device Authority

https://twitter.com/deviceauthority/status/1275389010110812160?s=21

My own investigations inform me that the Apple development should indeed be positive for IQE. This is because IQE semiconductor wafers are already used in iPhone.

Should lead to a strong start in the morning

Safy I agree. Definitely seems to be strong support around the 50p level.