Member Info for Midas3316

Can Imagination survive without Apple? Apple provides half of Imagination’s revenue and — I suspect — more than half of its profits. Given Apple’s plans to stop using Imagination chips in new products, we could see a steady decline in sales and profits from mid-2018 onwards. I’d be surprised if Apple reverses this decision. The US tech giant must already be heavily committed to developing its own alternative products, and can easily afford to challenge any legal action from Imagination. Although Imagination does have other customers, this loss of licensing and royalty volumes could mean that the group’s other operations become unprofitable. A second risk is that Imagination may struggle to sign new customers if it is locked in a costly legal battle with Apple. In my view, there’s no way for investors to accurately value the remainder of Imagination’s business. Even after today’s fall, I’m not convinced that the shares are cheap enough to be worth buying speculatively. I’d rate Imagination Technologies stock as a sell.

I've researched I think 7 views from major investment managers and tipsters after the fall to see what they think. The main consensus is that apple make up 50% of their income and even with huge revenues they have been losing millions. The shares themselves had even before this big fall had already halved over the last 3 yeas or so due to big losses in revenue and huge losses each year. So the consensus was they would struggle without apple. As even with apple they had been losing millions and without apple that would be another £60m a year less income. This next post sums up all the posts I've read

Like I said earlier I have bought and sold within a couple of hours for a tidy profit as I also thought they were oversold. My only doubts were their revenues had tumbled 30% over the last few years and even with revenues of £120m at the end of their last financial year they were losing millions. So after they lose £60m a year from apple how will they recover ? Still good for a gamble for the brave for short term recovery..

IT WAS AN UNCROSSING TRADE...LOL

£1.4million at 16.35

I think more people have made money from buying this on the bottom than people who have held todays biggest risers..

Not on here but one has gone through 3.38pm sell £790k

Remember they can claim their losses from these aim investments and more against their other investments so it's basically a gamble that they can't lose. They will pay less tax on other investments and have a gamble along the way

Already bought and sold for a nice profit in an hour or so of holding .The only thing that put me off was the fact Apple being its biggest earner by far and yet they were still losing millions. What will they be like without apple ?

103.6 to sell now

LOL....sorry caps were on

I use live prices from HL and KB

NO IT WAS 95 THEN ITS 102 NOW

I sold at £1 only had 4k shares made £400 in less than an hour.....its back to 95 now so pleased. The only thing that put me off is even with Apple they were losing millions each year. Without APPLE what will they do

Only held for an hour sold at my quid target, 10% in an hour....a profits a profit.....Good luck all....

Maybe they are snapping up cheap shares......the derampers they are.....LOL

Nice buys...I don't see any trades at that price but they don't always show on here. How many did you buy

Still ok to buy through them Might take a couple of tries

Took ages to get a buy

You would have saved a few of those easily led into parting with cash if you had translated that RNS about the 14k employees contract worth nothing. But I think most are here for day trading. I don't believe anyone would buys these with actual hopes of long term results. This new RNS also translates at the end that " we are buggered for cash and MIGHT be able to raise some" if not we are GONE