Member Info for Sirtreeman

Imagine being the fund manager at Jupiter UK Mid Cap, 2 largest holdings Hut and Boohoo...........

Content in the times...

Since its founding in May 2018, investors and analysts alike have bought into the long-term growth story at S4 Capital, so HSBC’s bearish report on the marketing group yesterday will, for many, have been something of a surprise. They responded as you might expect, by promptly selling the shares.

S4 Capital’s business model is based on rolling up businesses that add services or presence in new areas, funded half by cash and half through new shares. The group has made 26 acquisitions since its launch and the strategy has served the company well so far: shares in the company have risen almost fourfold since it joined London’s main market.

However, Joe Spooner, an analyst at HSBC, believes there is a likely “volume limit” to all this mergers and acquisitions activity. “If all this signals a need to spend ever-increasing sums on M&A, the question follows as to whether S4 could actually do that on the favourable terms it has achieved to date,” he said.

“As discussed, the acquisition programme has so far focused on small companies. To be able to deploy larger amounts on an increasing volume of small transactions looks eventually unworkable, so S4 would likely need to target more established, larger companies and, with that, likely need to be willing to pay higher valuations accordingly.” The prospect of having to spend more in future sent shares in S4 Capital down by 52p, or 6.7 per cent, at 726p.

General market conditions I'd say, it's a day traded stock to boot so always a bit volatile. Perhaps.

Suffering the malaise in the sector and wider markets. I'd say it was cheap at the 3.50 I bought in at ages ago, but clearly what do I know!

Think it's odd that they want to split the business so soon after initial float. There's smoke and mirrors here, low profit, over valued and a disregard for shareholders. Gotta be better places to put your hard earned cash.

My reading is that the lock up status transferred but the sellers were permitted to sell to other II’s, happy to be corrected. It still messes with the SP and creates unrest.

It was a tongue in cheek comment. I’m likeminded in terms of buying dips.

A CEO doing what he said he would, refreshing! Expect price to drop cos its Capita……

It's LSE Ian. Powered by a ZX Spectrum.

It may be popular with the day trade fraternity and algo's. It's just so predictable. Need new investors and some of the larger MM's to get involved.

What price did you buy at Clare? ;)

What's the leak Clare?

For those not reading the thread below

The company response is in the piece.....

Alphawave IP has met all its disclosure requirements before, during and since the IPO, and will continue to do so. The company strongly refutes any accusation of a lack of transparency and has performed its financial reporting entirely in line with its obligations. All the relationships between the company and its resellers and partners were explained in detail during the company’s conversations with potential shareholders and revenues from any related party transaction have been reported in our financial results. The company signed its subscription agreement with VeriSilicon in February 2021 and has not recognised any revenues from that transaction to date. This was also explicitly stated in the interim results

The company response is in the piece.....

Alphawave IP has met all its disclosure requirements before, during and since the IPO, and will continue to do so. The company strongly refutes any accusation of a lack of transparency and has performed its financial reporting entirely in line with its obligations. All the relationships between the company and its resellers and partners were explained in detail during the company’s conversations with potential shareholders and revenues from any related party transaction have been reported in our financial results. The company signed its subscription agreement with VeriSilicon in February 2021 and has not recognised any revenues from that transaction to date. This was also explicitly stated in the interim results

I have a small position on AWE, been quite something today that's for sure, can't profess to understand the shorting world but whoever it is they've filled their boots today!

The info they supposedly have uncovered was already public, and it is the responsibility of investors to do their own DD. So what's the story here? It's a good business in an exciting sector, I smell hedgie's and lazy journalism.

And should now be attracting new investors I'd have thought. Preferably those who read about the company and it's turnaround, that coupled with better performance from their financial PR could be transformative for the SP. Not holding my breath though.......

one of them days, good to see where it got to, hopefully this market malaise will shift in to a more positive cycle in the not too distant, albeit there is still lots of movement to come

Seems to be holding up reasonably well given the general market conditions this morning

a beautiful thing indeed