Member Info for MultiMktInvest

Broker upgrades..... Barclays "Overweight" ~~~~~~~~~~~~~~~~~~~~~~~~~~ Optimal Payments has released a 1H15 trading update confirming that trading to the end of June remained strong and in line with market expectations. No other new information is included, but the statement goes on to confirm the anticipated timing around the Skrill deal being set to close following FCA approval, which is expected by the end of July, and that the move to the Main Market will follow. Optimal also confirms that it will host a capital markets event in November. Our anticipation for 1H15 is for c. 30% growth, driven by the Meritus/GMA acquisition of the prior year. Within our numbers, we also take account of the tough comparative from the World Cup last year and the weaker EUR having an impact on the Neteller business. The stock has dropped by almost 20% in the last 10 days and 35% since its peak following the Skrill announcement. Whilst the weakness after the deal was explainable as investors sold the rights, there seems very little rationale behind the recent move and appears purely to be driven by speculation. We believe there are concerns over its Greek exposure, which we estimate is 4-5% of revenues. Whilst these revenues might see some disruption if Greece would exit, it is unlikely to be significant in a group context. After Greece, the focus moved to the Main Listing and when no prospectus was filed by June 30, investors worried that the listing was delayed. Yesterday this developed into investors asking whether the deal might be delayed or perhaps even off. We see the above apparent reasons for Optimal’s weakness as pure speculation and, with today’s trading update, OPAY wants to set the record straight. The trading update in itself added very limited information and was clearly written to emphasise that the current time line for the closure of Skrill is on track and that the move to Main and FTSE 250 will follow after this closure. Optimal is trading at 10x our FY16E EPS and we reiterate Overweight. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

"Federated Wireless Announces Upcoming Pilot Program (in July) for the Commercialization of 3.5GHz Spectrum" http://uk.advfn.com/news/BW/2015/article/66816982

"Whitewood Encryption Systems Announces the Awarding of a U.S. Patent for Quantum Key Distribution Using Card, Base Station, &..." http://uk.advfn.com/news/BW/2015/article/66794391

some broker notes re results from coverage in FT Alphaville this morn http://ftalphaville.ft.com/marketslive/2015-04-28/ ~~~~~~~~~~~~~~~~~~~~~~~~~~ Neil Camping at Aviate The single stock, single product risk as is often characterised in small cap biotech investing can also be extremely sobering. Celladon last night fell 80% after it become apparent the $200 million/year revenues by the end of the decade was a pipe dream rather than indicative of pipeline when their Phase 2b gene therapy drug didn’t meet primary and secondary end points. Rather than invest in high risk, highly concentrated single stock investments we feel it better to diversify risk but maintain exposure to the focus on innovation which is fueling the M&A in healthcare. With Many big cap pharma companies with lower quality in-house pipelines are trying to play catch-up with those who have superior in house R&D and leadership in next generation therapies. It is worth remembering Allied Minds has a JV with $108bn pharma giant Bristol-Myers Squibb. There is no single bet on one drug or one innovation. The ABLS (Allied-Bristol Life Sciences) collaboration will identify and foster research and pre-clinical development of biopharma innovations. Outside of healthcare, Allied Minds also offers exposure to the most important themes in technology such as IT Security, revolutionary new semiconductor processes and Intellectual Property. We suspect the stock is weak partly on the back of news the Chairman is due to step down later this year. While disappointing as Mark Pritchard has been instrumental in bringing the company to the public market, he leaves behind a strong bench of management, a broadening university and federal partner network and a plethora of new commercial opportunities. We/Aviate will be back with detail after this afternoon’s CMD but Allied Minds warrants further investigation and, we suspect, will soon be at new highs. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

note that at at the Capital Markets Day on the 28th April, SciFluor will be presenting alongside Allied Minds' subsidiary businesses Spin Transfer Technologies, Federated Wireless, Allied-Bristol Life Sciences and Optio Labs.

RNS re our subsidiary: SciFluor Life Sciences Raises $30 Million as it names new CEO http://uk.advfn.com/news/UKREG/2015/article/66512948

Allied Minds listed in Sunday Times top 200 companies ranked 192

RNS : Allied Minds Announces the Formation of BridgeSat, Inc. see here... http://uk.advfn.com/news/UKREG/2015/article/65784997

this, below, is courtesy of "BenA1" ,,over on the busy ADVFN thread discussing Allied Minds.. .....see here : http://uk.advfn.com/cmn/fbb/thread.php3?id=32569749 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Federated Wireless, of which we own 91%, seem to be getting VERY close to Google.... If anyone is wondering about the relevance of the above; note the involvement of google's "principle wireless arcitect" in this commitee; http://www.federatedwireless.com/news-resources/30-wireless-innovation-forum-announces-approval-of-new-spectrum-sharing-committee From The Times;.... Google is to launch a branded mobile phone network as a vanguard for its technology. Sundar Pichai, head of Google’s products, told delegates at the Mobile World Congress in  Barcelona that it would outline its mobile launch plans in a couple of months. Google mobile will automatically reconnect dropped calls using a combination of wi-fi and cellular networks, but Mr Pichai said the group did not “intend to be a network operator of scale”. Instead, it would push the boundary with innovations in hardware and software, rather than attempt to target the telecoms mass market. It is the first time that Google has confirmed its mobile project and Mr Pichai said it would be similar to its Nexus hardware business in which it launches a few high specification products to test its technology. The mobile launch will piggyback on an existing network in a similar way to that of Tesco Mobile and Virgin Mobile in the UK. It is thought that it will launch first in the US and go into other markets if successful. Mr Pichai is regarded as the right-hand man of Larry Page, Google’s co-founder, and was promoted last year from his role as head of Android and Chrome to oversee all Google’s products. Google has also invested in fibre networks in the US and launched two projects to develop cell towers “in the sky” to pipe the internet to users who cannot connect to high-speed networks. The first, project Loon, will launch hot air balloons to deliver 4G signals and has been tested with Vodafone in New Zealand and Telefónica in Latin America. Google said that it had initially struggled to keep the balloons up for five days but they are now floating for 200 and a full service could be in operation within two years. “It sounds like science fiction,” Mr Pichai said. The second plan, called Titan, is to float drones — or planes as Google calls them — over remote areas where it is too expensive to install telecom towers, In addition, they could be flown over urban areas to boost signal strength. “This is a big step for us,” Mr Pichai added. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

http://citywire.co.uk/money/banks-and-miners-propel-ftse-to-fresh-highs/a800908 Key Neil Woodford holding Allied Minds (ALM)surged 9.2% to 650p, and is now up 27% over the last two days on speculation of a big deal for its Federated Wireless broadband infrastructure subsidiary, according to the Financial Times. Allied Minds is a top 10 holding in the Woodford Equity Income Add to favourites fund.

it seems the buyer of £4.3 mill at 614p from Friday, is still in the market for more ??....

this from Bryce Elder and the team at the FT ..... http://www.ft.com/cms/s/0/f5490848-bea3-11e4-8d9e-00144feab7de.html#ixzz3T129eN8d Allied Minds hit a record high, up 16 per cent to 595p. The US intellectual property investor, whose shares have more than trebled since flotation in June, were helped by speculation of a significant deal for its Federated Wireless broadband infrastructure subsidiary.

very strong vol & buying for last few days.... sp reaching new intra day highs each day

you are right about that ;o)

Rexam set to back £4.3bn takeover bid CITY A.M.-2 hours ago REXAM'S board is keen to finalise a £4.3bn buyout offer from rival can-maker ... Rexam is already focused on cutting costs and building scale, ...

cut to underperform by BoA-ML

3.8% down at mo. any reason for this sharp drop at open? thanks

wonder what price the board are holding out for?..

.

,,,,, re : results.... yes they did say they were performing above and beyond market expectations ,,,, :O)))) so.... takeover target now??.... has been discussed on advfn nice ;O)