Member Info for sheltie

I happened to see them both in a physical newspaper, so no point in posting the link, as you would need to be a Subscriber to read it.

So I took a photo and here are the key reads:- "It leaves Seraphim Space Investment Trust the closest thing the London Stock Market has to SpaceX, looking terrestrial by comparison. And that's no bad thing.......(blurb about SpaceX's IPO) .....True, the Trust is likely to benefit from the explosion of interest in space stoked by Musk's blockbuster listing, with Mark Boggett, who runs Seraphim, saying in its third quarter results yesterday, that the SpaceX IPO "could prove transformational, by being a catalyst for generating billions of new capital into the market".......as Boggett pithily puts it, Seraphim is all about investing "in the picks and shovels of the space market". And while that may sound less exciting than SpaceX's futuristic vision of building moon factories and eventually "establishing a civilisation on Mars," it's paying off for Seraphim......The smarter bet for space-mad investors may well be to ignore the hype, look closer to home and back the more down-to-earth Seraphim instead". END

There you go; a much abbreviated version of the two lengthy articles today, in The Times newspaper (also posted over on SSIC).

ATB

I happened to see them both in a physical newspaper, so no point in posting the link, as you would need to be a Subscriber to read it.

So I took a photo and here are the key reads:- "It leaves Seraphim Space Investment Trust the closest thing the London Stock Market has to SpaceX, looking terrestrial by comparison. And that's no bad thing.......(blurb about SpaceX's IPO) .....True, the Trust is likely to benefit from the explosion of interest in space stoked by Musk's blockbuster listing, with Mark Boggett, who runs Seraphim, saying in its third quarter results yesterday, that the SpaceX IPO "could prove transformational, by being a catalyst for generating billions of new capital into the market".......as Boggett pithily puts it, Seraphim is all about investing "in the picks and shovels of the space market". And while that may sound less exciting than SpaceX's futuristic vision of building moon factories and eventually "establishing a civilisation on Mars," it's paying off for Seraphim......The smarter bet for space-mad investors may well be to ignore the hype, look closer to home and back the more down-to-earth Seraphim instead". END

There you go; a much abbreviated version of the two lengthy articles today in The Times newspaper. ATB

Chat Boards

Yaz18 - yes, I agree as there are one or two here who are subtly trying to talk this down. Waste of time as these Boards are pretty meaningless, in the grander scheme of things! Nobody can affect a share price here or anybof these chat boatds. . .

Https://www.thisismoney.co.uk/money/markets/article-15871541/SpaceX-threat-UK-stocks-Risk-takers-seeking-stakes-tech-wave-says-ALEX-BRUMMER.html

And to think that at 2:30pm on Monday of this very week, this was £4.15p!! WOW

£2.50? could be. £4.50 also could be. Who knows, as for me at least, 'Technicals' / 'Multiples' / PE etc. etc. went out of the window a couple of months ago.

Can't really use them as any kind of Barometer anymore; just have to see how this and the sector as a whole, pans-out, going forwards. . . .

MIKODX - we've certainly been 'Tango'd' of late, that's for sure! 🤣🤣

AIM is frequently referred to as 'The Wild West' of investing and also (funnily enough!) as a 'Casino'. It is a notoriously fickle Exchange, heavily populated by very short-term, 'non-sticky' retail punters, looking for a fast Buck. Hence its volatility. They panic very easily and sell. It is what it is.

This 'may' go back - it 'may' not. I have seen plenty that have never returned to previous highs; especially following a short, sharp, spike, as we have just witnessed. Nobody can know, so I guess that it's simply a matter of how much risk/stress one can stomach. . . . said it many times here - anything can, and probably will happen!!

From c.£4.80 to c.£3.20 in such short order or in percentage terms, is not that unusual on AIM - from my previous experience. Indeed, I have seen far worse volatility, with some of the listed Oil Sector companies on AIM (a few of them are no longer listed either!). . . ATB

Filtronic (AIM:FTC)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Filtronic plc designs, develops, manufactures, and sells radio frequency (RF) technology globally, with a market cap of £857.78 million.

Operations: The wireless communications equipment segment generated £55.98 million in revenue.

Market Cap: £857.78M

Filtronic plc, with a market cap of £857.78 million, has shown financial resilience by eliminating debt over the past five years and maintaining a high return on equity at 25.8%. Despite recent negative earnings growth of -4.1%, the company remains financially stable with short-term assets (£33.7M) exceeding liabilities (£13.7M). Recent contracts, including an $8 million deal for satellite communications products and a £0.4 million defense contract, highlight its strategic expansion into high-demand sectors like defense and satellite communications, leveraging its advanced RF technology capabilities from its new facility in Sedgefield. End

Fabulous numbers in that RNS, so I have absolutely no idea what will happen today!

Or why it has retraced quite as much as it has of late?

Find out soon enough though. . . Onwards! 🛰️

Https://www.thisismoney.co.uk/money/share-investing/article-15868687/UK-investors-set-2bn-SpaceX-shares-Lowdown-1-75trillion-float-expected-soon-tomorrow.html

Https://www.thisismoney.co.uk/money/investing/article-15859441/Send-shares-moon-SpaceX.

..... In the following article, taken from The Daily Mail this morning:-

https://www.thisismoney.co.uk/money/investing/article-15859441/Send-shares-moon-SpaceX.html

Bonkers this one! Good weekend all.....🙈

Just crashed it and we haven't even had the UT yet! This is so unstable, it's unreal.

Given the ridiculous Spread today, what farcical UT will they dream up after the Bell?!

I have personally never owned a share, with so many baffling and totally bizarre UT's.

It has happened so many times now - and that's just in 2026 alone!

Fingers crossed we get a decent finish here. . . .ATB

May well be the reason that this re-traced so aggressively, last week?

Hopefully, those shares have all been hoovered-up now - and on we march. . . 🫡

ATB

And the piece below, is exactly the point here - the disconnect (that we have spoken about here), between the massive price rise, versus the more 'traditional' way of valuing a company with revenues, profits etc. etc..

This line is taken from that article:-

"SpaceX itself is more vision and concept than traditional valuation".......

So, enjoy the ride folks!

Https://www.thisismoney.co.uk/money/markets/article-15844933/Third-UK-investors-eye-SpaceX-shares.html