Member Info for Sangijuelas1

Bit more detail here on the likelihood of 2023 launch.
https://europeanspaceflight.com/isar-secures-e155m-in-series-c-funding/

Really worth looking at the 1 month charts of Molten with the 250.

Sell offs on the 250 lead to passive index funds selling holdings. Because MV is very low volume, much of the time these sales magnify the impact on MV.

This tends to make up the market. There are minimal buyers here but also few sellers motivated by doubts about the business.

Good article on it in the FT.
https://www.ft.com/content/a6873b10-df30-49b2-821b-21c4decb011f

This is absolutely fantastic news. Yesterday I was reading that although Isar had recently reported good news about engine testing there was still a way to go in terms of pre launch testing and the associated capital costs.

Woke up thinking about it and feeling like this was going to be a problem for Isar, especially since a key backer of Rocket Factory Augsburg has recently dropped them.

And here's the cash and as I had been hoping funds have some backing from the European Union investment programs.

This is really good news and the raise was done at an increased valuation from their 2021 round.

https://www.isaraerospace.com/press/space-company-isar-aerospace-secures-series-c-funding-round-of-usd-165m

Sickening stuff

I really don't think so. They won't have paid much

That may not work. This should

https://www.google.com/amp/s/www.koreabiomed.com/news/articleViewAmp.html%3fidxno=20740

Korean company has bought the whole pipeline and all the patents for an undisclosed price.

Makes you sick
https://www.koreabiomed.com/news/articleViewAmp.html%3fidxno=20740

In the short run the market is a voting machine. The weighing comes over the long term

Nvidia has gone from being worth $300bn to $650bn in 6 months based solely on Chat GPT hype.

Market valuations are a nonsense. Refer back to sageofomaha for guidance

What we don't have is liquidity in terms of buyers i. e. funds.

Who will not go near a trust packed with unlisted companies whatever the valuation/revenue multiple is.

Why should they have to do that?

The prospectus and other company marketing for the stock state that it is not intended to be targeted at small retail investors. Similar to the Baillie Gifford Schienhallion fund it is targeted at institutional investors.

I think the info they have provided is sufficient as it's impossible for us to know everything.

It's a forward looking portfolio so I am not so concerned with daily fluctuations.

What good would it serve? Trustpilot is currently valued at 3x revenue by the market in the UK.

Is that too high or too low? Who knows?

Car insurance in Ireland launched

https://www.irishmirror.ie/news/irish-news/revolut-offer-car-insurance-ireland-29519823.amp

If you are providing a solution that is urgently needed (enabling banks to remake their rotting, extremely expensive to maintain core IT) then the macro environment is less of an issue.

Banks want to be able to roll out new products quickly in whatever environment and they will have lots to spend due to the profits they are making on interest rate spreads.

You were relying on 2021 revenues for Revolut in the statement you made below.

Right so you are able to work out what a company is worth in your head by only considering the negatives and not considering possible reasons for optimism.

I would prefer a more balanced view.

Why would you be using estimates when the actual figures are readily available on Companies House?

What valuation?

Some positives here
https://tech.eu/2023/03/22/neobanks-across-europe-fatten-up-as-vcs-demand-profits/

Thought Machine is more like 95 times revenue so don't know where you are getting your figures.