Member Info for Mikey279

Looks like we have more short company!

would love to see NAYA get toasted, would wipe out all their gains over the past few years if not careful

Folks need to relax 20-27% (up to 49%) of $660m and selling at £35m mcap...

Just do the calculations and even on a highly conservative basis should easily be over 50+

Doesn't get more bullish than this

"As I have said previously, in my time working with commodity projects around the world, I have rarely if ever seen a lapsed mining project with this sort of potential. Today's announcement is a landmark for Amapa, both in terms of certainty for DEV employees, the wider Amapa community and for Cadence shareholders"

Wakey wakey

Come on folks:

"The Amapa Project consists of an integrated mine, processing plant, railway, and privately owned port. It was previously owned by Anglo American and produced 6.1 million tonnes of iron ore[1] per annum, and was valued by Anglo American at US$ 660 million"

20-27% of that - integrated project, they received the key approval today the rest is formality in most cases

Wakey wakey

Just reading up.... is the market asleep on this?

Indeed, they are down to the tune of circa £140m likewise Janus (£40m) in 5 months so can't be too happy

I have looked into the Verisilicon and CPP partnerships and they seem quite fascinating

It appears as though Verisilicon and some CPP income should be recognised this year (depending on timing), I don't think the related party is of any significance here as they are a large player in market, they appeared confident that revenues will be recognised soon in the Q&A

The CPP is more interesting, they appear to be investing into this vehicle as a vendor to China, but will also be licensing their IP to them so the sales will be coming out the other side.... as a semi supplier, it's an interesting 'arm' to have considering their core business model - if they pull it off then its quids in considering the USA/China tensions, imagine having an investment in the go to semi vendor....Cash COW

Also appears that their focus is with North America and that guidance figures are highly conservative

Great risk reward at this level IMO, a solid Q3 update and any hint of China revenue being recognised then its rockets

Impressive background for the BOD, Tony and Jonathan both in senior roles(director and VP) at Intel for 4 years + prior to Alphawave, must known they could do something special to leave that

Can't say they're not incentivised to drive this company forwards.... the rest of the II's aren't bad company either

PI's barely have a sniff here

Well worth watching the interims presentation.... these guys are light years ahead of their competitors, the valuation will potentially be astronomical

Carmignac down again yesterday

Better close before that update comes….

It's a non issue.... these are billion dollar companies you're not going to not do business with someone just because your brother works there lol, it's been disclosed and revenues not even recognised yet

You may be right but remember that the freefloat is very low , even if you increase size buy £5k the ask jumps considerably so drip buying is probably best

I think they got caught out with the guidance increase in the interims which is why a 'friend' at the FT helped them out

algos in full control ! they just move it whenever they like lol

Still a new company so remains to be seen on PR strategy

Trading statement, statement re share price and PDMR dealing are positive signs though

Sounds like a quarterly TU soon:

"Our deal with CPP is progressing according to plan and we look forward to closing another strong quarter and to reporting further progress in the coming weeks"

If growth trend is continued could see a massive squeeze to the tune of 13m, imagine what that would do when daily volumes are generally below 1m

Volume is rather low for a £1bn + company, traders from recent days should be running dry too cant be many 'sellers' down here

Just doing some research and to be honest wouldn't have known about this gem of a company had it not been for FT shenanigans, obviously waited for a few days for it to settle but here we have it:

- I have little doubt the FT was manufactured after the exceptional interim guidance, to assist our shorters and/or to buy a cheap entry, the substance of it was let's say...... rubbish and immaterial.
- AWE were likely targeted due to a pricey IPO with almost sky high growth figures being touted, along with a low freefloat/daily volume
-The trading statement was bullish but interims validated (+ some) the touted figures

- $500m in cash
- Doubled workforce
- Leading IP
- Global semiconductor shortage along with exponential demand
- NED buy at £2.55 to the tune of £200,000 - hopefully provides some floor
- Shorts in reduction mode with around 13m left to close
- Sounds like they are wanting to release a September quarter update as per 29th RNS

The progress from 2017 to a £2.5bn IPO is nothing short of incredible.....the next ARM?

An absolute gift at these levels IMO, just google semi-conductor shortage and you'll understand why

Well yes could also be JV/Warrant funding.... either way its pretty clear where they want the SP

Never seen a warrant RNS with SP in title lol

Looks to me like they want the raise a lot higher.... 12p perhaps lol.

MCRB (Seres) and FBRX failures also not doing much to help the confidence..... on that note any thoughts on the success of Microbiome?

Still dirt cheap either way though