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As I was posting that another RNS confirming NAV increase down to Anthropic. Great to see, sky's the limit with that one.

Interestingly NAV noticeably jumped in that RNS, from 306.83p on Thursday to 324.18p now.

SpaceX IPO drawing close now. Plus we have that stake in Anthropic. Both significant potential catalysts this year.

Another catalyst for space sector more broadly is that SpaceX IPO pencilled in for June.

Set to be such a blockbuster, guaranteed to bring more attention to others working with space industry. We are still very early here.

Noteworthy this contract in addition to one previously secured to supply AST SpaceMobile, which itself is now a $30bn market cap company.

ENSI firmly establishing itself as a leading name in space tech. When you look at the 5 year chart of Filetronic largely derived on the back of whopping space/similar contracts, particularly SpaceX, makes you think about where ENSI could go.

Fantastic result.

"Multi-chip development contracts with a leading European satellite operator for its next generation satellite network"

"The largest long-term potential supply opportunity secured by EnSilica to date"

CEO's a lame duck now after the clanger he's overseen. This is now an asset play more than anything else, suggest nobody's buying here because of management. On the asset side, the interesting part is this enterprise value is now so bombed out it's down to a fraction of the tangible book. Even in a distress firesale situation where we apply a 50% haircut to book, that's still in excess of market cap as it stands today.

Great update, credit to them

Having said all that I did actually buy today for the dead cat bounce. Not a long termer though, risks too great.

I see this stock as like a public toilet where you want to be in and out very quickly. The longer you stay in, the more the chances are things will go wrong.

Auson,

Perhaps, the challenge for the company now is that the value of the land is not fixed, in this market it's decreasing, giving lenders an upper hand. The biggest indictment of management is that they have even got to the stage where debt covenants are at risk of being breached - all the while they were sat on hard assets they should have proactively offloaded with far more urgency. The moment you tell the market debt covenants are in play, the stock falls off a cliff. Could have been avoided.

It's been the weakest housebuilder for some years now but even by Crest standards this is bad. The irony is when current CEO was appointed, the narrative was he'd finally fix house and oversee a brilliant turnaround. In reality it seems he's actually worse than all his predecessors.

No coming back from this for him now. Market can forgive poor trading caused by wider economic uncertainty, but when trust gets broken like it has today, he's got to go.

Also why are they so sleepy about land sales when they'll have to renegotiate debt covenants? Should be firesale time, time to go nuclear and gut the portfolio. Alternative is far worse.

Undoubtedly a shocker of an update, and management credibility shot to bits, but after such a dramatic fall I'm sure there'll be a decent trade in this. Time to catch this falling sword.

Great to see momentum continue. Hopefully not too many paid attention to those nonsense posts speculating about a placing. Price action really doing all the talking now.

Not quite. I've been following this story since last year, and held off buying until I judged a bottom had been formed.

Here's my post when I bought:

https://www.lse.co.uk/ShareChat.html?ShareTicker=SPI&share=Spire-Healthcare&thread=F423E775-8E69-4B83-84AD-8D10A32C0F59&reply=true

If you believe you have the right to call me naïve, I'm sure you'll be happy to share with us your average here?

Encouraging price action today, especially on day when broader market down. Really whole month has been decent here. Must be getting close to news now, one way or another. In my view, deal or no deal, this had fallen too far, with strong enough prospects that even continuing as a standalone nowhere near reflected in today's share price.

On a sidenote good board today without that nutter posting all day long.

*UBS

Laura2022 is right, USB routinely post in/out holdings RNS like this.

Seen it countless times on other stocks. eg just recently all 4 holdings RNS on JOG is them https://www.lse.co.uk/rns/JOG/

Revb was a classic a little while ago where they must have been in/out about 10 times. Can't conclude much if anything from this. Except for fact if you bought/sold based on UBS RNSs alone you'd have got wrecked.

I'd say you're still early mate

Hi pedro61,

The company said last month they have secured over £5m in sales (subject to contract) for FY26. If we look at the company's administrative expenses, this year I'm expecting 2026 costs to be much lower because last year they had one off IPO costs. 6 months ago they raised £2.3m cash. Add all this together and I see another placing this year as unlikely.

Sell off I've seen as a bit of an opportunity on the back of co-founder liquidating his stake quickly for whatever reason but with upside being Pentwater Captial and their vast AUM increasing their stake.

There are no certainties because this is Aim, so appreciate you might have a different view, if that's the case best thing is to do it to not invest. I see tons of basket case stocks on Aim I have a negative view on, but I don't tend to give a running commentary on how I feel on those boards because who cares really, c'est la vie. Good luck with you investments.

Very nice US close, and while early days, a promising indicator for where this headed, now US investors and that potential wall of cash able to buy in.

For a sense of market it would be worth googling 'fabless semiconductor company' or similar, and taking a look at some of those names as a starting point. Most will be significantly larger than this scale wise, but at same you could argue this has greater potential to grow than most.

Recently securing this cash injection a good indicator of company's ambition, and likely to now be a decent springboard enabling it to scale up quite quickly.