Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
you are lucky i have over 40k shares over many years, too many years and not a dividend in sight and no capital appreciation.Yes roll on take over or perhaps after all the ups and many many downs we might see a steady advance in IMG'S progress
well i don't know why you have such an image?In the past previous AGM'S have been held At the company's HQ ,just off the M25,easily accessible starting mid morning,parking freely available.This Year the contrast is stark.9am start in the city of london.That in my view will curtail attendance simply because of the time and place and there will be many fewer attending.So,hence unfriendly.Why do it? Have they anything to hide?I'm sure not but it saves them a debate from the floor which might be protracted and divisive.In terms of investor relations and of course by that i mean the small investor,it's not as satisfactory.I think that when you look at how it was and now is...it's such a difference in approach as to invite criticism.Yes the important decisions are made by the big shareholdersThey have the clout.But..........
9.am in london.Very very unfriendly.They obviously don't want the small shareholder to attend.Nasty, obvious and of course the director's wouldn't admit it.But that's exactly their motive.No awkward questions.It stinks.
i dont know what was in Shingles mind....perhaps he was thinking in 2010 that at the stage of IMG'S development it was imperative that r&d was front loaded with cash and nothing else mattered as much.Seem's right to me.As it turned out the progress in market share failed.But a lot of analysts at the time and for long after were pro the company.[hindsight's a great tool] Much as they are today about Arm holdings...tho as with IMG there are the dissenters who think that Arm will lose traction because the iot will not compensate for lost smart phone sales...happily at the moment Arm seem to grip all the opportunities that are presenting themselves.As for Img..well i don't know many instances where a board has been cleared in one fell swoop...and that won't be helpful or necessary:but there can be no doubt that a change of direction is now planned and the small shareholder won't figure much in the decision making.The big player's will either back the new management or no......but the reality is the broad plan is already decided and the new ceo will come in to implement.He will trim round the edges...but the way forward based on a pragmatic view of the market and IMG'S place in it will be understood right now.
it's true that Shingles did not want to pay dividends.He said it to me at an AGM years ago....i remember he then said we have better things to do with our money.Well not surprising since i took that to mean that more cash was pumped into r&d.An obvious thing to do because of the intensity of the competition and too APPLE'S insistence of cutting edge technology and the market they're in demanded it...IMG had no choice ...if the business you're in is v demanding...then you either compete or get dumped.As to selling to their customers,well all i can say is that i always got the impression that IMG were an aggressive selling operation,strongly in touch with their customer base...to spend millions on r&d and then not follow thro to customers makes no sense.
Apple are NOT making their own GPU This info is v old stuff....yes they have GPU engineers who monitor Img but the inference is untrue
the in and out investors are cashing in their gains for xmas.
ARM is always spoken of as a take over target.Has been for years.It seems to me that the city starts these rumours because they have a vested interest in doing so.Brokers do it regularly....rumours sell shares and many people immediately dive in ever hopeful that this time the rumour is true.Arm is not either a company without a product.It owns as everyone know's the intellectual rights too of the chips it designs.And in todays parlance that is a product.We are familiar with insurance companies,banks and the many others describing their offerings as 'products'No less then than for Arm.And it may be that China is a hunter for greater IT dominance so it is easily possible that a takeover from that country is mounted.But no one know's.Especially brokers.They are no more accurate than anyone else.And that is the reality.How many times do you read about the possible takeover of Imagination Technologies...it's almost a blood sport.And as for Apple and what they might or might not do....take a punt:everyone else is an authority on what it will do,so join the queue.
well it's just not true to say that Arm shares have underperformed in the last few years.The valuation placed upon it by the market.The perception or sentiment has been high...what 30 times expected profits tradtionally? So when glitches occur either in smartphone sales or world economies...the market immediately reacts negatively.Notwithstanding that the company is well run.Now the company is becoming deeply embedded in the iot,and is less reliant on Apple and that fact is reflected increasingly in it's performance,the future does indeed look bright....very bright.Arm's management have demonstrated their ability and i for one hope that it is not taken over,and that more of it's cash mountain will find it's way increasingly to it's shareholders
Shorting.You borrow a stock from a broker at that days price with the hope/expectation that the price of the stock will fall further on the agreed day you have to return the stock .If it does you win. You get the difference between the stock's price on the day you borrowed and the cheaper price you had to pay on the day you return it to the broker.If the stock price increases....you have lost.A dangerous game for the foolhardy.
Year in year out,the speculation has gone on for years that someone will make a bid.Really?.What is it about this company that fails to excite the industry.You would have thought that with all the anticipated progress that it's chairman says is happening allied to a more realistic share price,that an offer would be made.But nothing.The chairman thinks that should a bid be made a real bun fight will ensue with others bundling in.Perhaps.Or will it happen without a scramble because the anticipated takeover has gone on so long that the reality will be an anticlimax.buying shares in Imagination is an act of faith.Each time progress is made something happens which tips the balance against it.Yet we long time shareholders hang on in the hope that solid progress will be made,but at times?...... anyway,. still keep the faith
go along to the AGM this friday [18].They put on a v v good buffet lunch.Any thing to keep the small shareholder happy whilst they tell you the good news is coming next year....which they say every year.
Oh come on.The people taken for a ride paid over £7.You think that a variance of 20p at a share price of a over £ 2.00 has you licked.You bought a deal.If plus minus 20p in the technology sector has got you riled you shouldn't be buying tech shares.It can be and is a lot bumpier than that.When and if IMG starts motoring you will be mighty glad of your savvy.
really?
There is no way.....no way whatever that in the event IMG will go cheaply.
if only!
Talk to your broker.
Liberum thinks no to a takeover in 'their view" of Arm by Apple.Really? And the important players would abandon Apple because of it.Really?I mean some of these broker's comments are mere flatulence.In a dynamic market where progress can be lightning fast,any company that provides the chips that will give the edge in consumer products,will be bought from.Not to do so as a matter of principle is to risk market share and lost sales....i can see shareholders being v happy with such a stupid management.The drivel that come's from some of these brokers is eye watering.Yes IMG and Arm may be takeover targets...in fact almost certainly will at some stage of their progress...and if and when it happen's it will be a takeover scrum.The fur will fly .The rumour mill is just that.I often think, started by brokers to drum up more business....but when ?Because Apple have $billions tied up outside the USA,marooned in europe and other countries because of U.S tax liabilities, is an easy speculation to make that a significant Tech company will be a takeover target to help reduce the cash mountain.But Apple does not want either to be accused of avoiding it's tax responsibilities in The U.S.By seen to be avoiding paying, by takeover's outside it's domain.But who know's?....certainly not the broker's.Your guess is as good as theirs.A lot of gossip info is regularly put out by companies and people who have vested interests and want to mislead,hint,and suggest this or that might happen.,or just speculate simply becuse they can.They make a career of 'What if'.
Thats good.And those v patient trusting investor's who have stayed the course and not shorted but have been loyal and not treated the company like a piggy bank: to take and not give,deserve some proper return.Stay with it: Perhap's it's too much to hope that the others's lose their cash.
you're not the only one who has complained. Me too.They are now watching his posts.And i won't give up complaining if he continues the insults.One way or another he will either fall into line of acceptable behaviour....or he risks banning.Up to him.Let him make any point he chooses to but without the abuse.Life's too short to put up with this nonsense.Perhaps he get's off on insults.