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One swallow Annie one swallow. Lets see where we are in a month. The SP is up 16% today . If it sustains the upward momentum I will be the first to shower praise on AK but we have been here before. The TDK situation is however interesting and I wonder what the true circumstances are.

Annie I believe I have been both positive and cautious. Remember we have been here before. Many observers say our M/cap is too low . The question is why ?

So far 3 of the Leading 20 Companies viz Three-Circle, Nippon Chemi-Con, Kyocera(AVX), EYANG, Torch, TDK Corp, Holy Stone, Vishay, Walsin, Darfon, Samwha, Fenghua, NIC Components, MARUWA, Murata, Yageo, Kemet, JDI, Samsung Electro and Taiyo Yuden
It seems our 3 are in the top 5

Say what you want I am trying to be realistic. AVX first licence deal was over three years. As regards their extension no mention was made of any fees so yes we don't know. Similarly with TDK AK is saying nothing so none of us knows if there is real positive immediate new income there. You choose to believe there is I just raise the possibility that I am not so sure. Just ask your self how many times the SP has "flattered to deceive". My motives are simply to provide an alternative view. Those views are mine and not let by any outside forces no matter how much the eternal rampers may choose to think so

IWTO I was merely pointing out that any new TDK licence fee income would only offset the now past AVX fees on a like for like basis in the balance sheet. Similarly these one off fees masked the "we are nearly into profit" statement in H2 17/18. Depending on timings the new TDK deal will not have an immediate affect on the profitability of CPX as a company bearing in mind royalties only account for about a fifth of all revenue. Nevertheless I have to agree for those who prefer growth rather than profit this is excellent news. Perhaps now the previous trickle will turn in a torrent.

The cynic in me tells me that this news was deliberately timed. Lets face it any licence money from TDK will only replace that of AVX. Yes royalties will increase but not immediately. I would not be surprised if this climbs until the 17th and slips back a tad on disappointing audited results. Still overall this is positive news. What we need now is more licence news and getting the CDE case sorted. Anyhow that's my new car paid for.

I wonder if ultimately the CDE case is that important. It would seem the real big players understand our IP and would sign up. I doubt if they were anxious to use our tech they would delay. In this respect I don't know how big CDE are in the schemes of things. Having said that the most important thing to us is to come up with new large wins. Spire is good but we need 10 more like that and as for automotive, well what can we say ?

Come on TT you know from Spire that any £2m income is ages away. Desperate for a break even situation ? There is no way that will happen in 17/18

Parkez The difference is that with me I am always branded as a troll whereas others who say exactly the same thing generate no reaction. I can only surmise that my reasonings sometimes (not always) rattle the "only one view " rampers. The bottom line is that we all see the potential here but its a long time coming, to the extent that more and more people are asking "will it ever come"?

News will come when it comes. If the results are bad it would make sense to announce it afterwards. Why do companies waste money by telling us when the results will be published. Why not just publish them ?

No games TT. You constantly bleat on about potential applications, know happenings etc etc but the hoped for surge in SP never happens. Some of us have been waiting 3/4 years for the promised spike and are now less certain than you that it will ever happen. I read some real promising stuff about automotive the other day from 2015. That's 4 years ago and we have heard nothing. Still perhaps AK will surprise us but I suggest real success is now less likely based purely on his past record of failing to deliver

Sorry chaps I got it wrong the Oct RNS will be about confirming 17/18 final results . I thought it was H1 forecast but nevertheless my assessment stands when we finally get the figures. Lets hope in the interim we get the desperately required good news

The following should give us an indication of progress. In 17/18 total H1 revenue was just $A1.545m. Using Allenby’s forecast for 18/19 H1 should be about 2.6m. While royalties will increase the question is will we get any where near the suggested figure. With no new significant orders that we know about I doubt it. If we don’t I suggest SP will drift. We absolutely need some really positive news or else the year of transformation will slip again.

What I want to know is why my perfectly reasonable original posting about Spire was deleted? If it because one or more people reported me just because they don't like what I hold as an opinion, then it proves this board is as bad as my detractors say AIM is

Excellent summaries by Ian B and Surprised. I suppose all of us are trying to understand where the company is in its journey and how and where it should be to generate the best return for PIs. What are the criteria and reasons for it moving out of AIM and is this likely in the near future?

Great reaction but aren't we still in the same position as before i.e. we knew about Apple but still not yet definitely second secured order ? Crazy reaction but most welcome . What we need is more new info about a different customer

What are the odds the H1 results will be neutral with lots of next quarters and shortlies (is that the pleural) and that the SP will drift down again ? Come on AK give us LTHs the success we deserve. Many have put their faith in you, time repay or tell us how it is

No problems 3.14 but always remember you cant take the p out of s. In my case I clearly understand the difference its just that I didn’t know about it which is entirely different.
Regarding the design win thing the precise quote relating to year 17/18 as a whole reads “Total enquiries, if converted to orders, would amount to annualised sales in excess of US$20m per annum, including over US$2m which has already been classed as design wins” design winds to me are a statement to say that our part has been chosen to be included that will result in a lot of on-going, volume sales of that part. Given that Spire was first announced in Aug 2017 I can see no reason why they can be categorically excluded.

What's the general opinion on "design wins"? Could they in fact be talking about Spire i.e. not new wins

Absolutely spot on Private, As I have often said we need to produce products that people will buy. Simples My real fear is that we are only a small fish and don't have the necessary wherewithal to achieve this. I hope I am wrong. So far AK has not delivered.