Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A positive, fairly in-depth analysis of GROW published by Moneyweek today.
"...Molten’s share price can be volatile and its growth depends on finding more high-growth venture investments which it can help develop and exit at a good profit. Its record so far has been excellent. Big-name investments include Revolut, Cazoo, Aircall (the cloud-based call centre company) and Freetrade. Molten’s three-channel deal-finding technique, its record and its encouraging interim results suggest there is more growth to come.
Given earnings per share (EPS) of 206p, the 2020-2021 p/e is 4.5; the forward p/e depends on the value of 2021-2022 exits but, encouragingly, the first half saw a strong eps of 148p. The company could be a useful addition to portfolios for those with a reasonable risk appetite."
https://moneyweek.com/investments/stocks-and-shares/share-tips/604267/molten-ventures-invest-in-digital-technology-with
Hi All, I've been a little busy recently as I have a new job but I still watch my favourite board avidly.
GROW (not a fan of the new company name) is still comfortably my #1 portfolio holding so it's been good to see the start of a recovery in the last month. We're in the know but there's a definite underappreciation of how successful their team has been at building a huge network of Seed companies, finding the next big successes earlier and earlier.
Thanks to all, especially Steph, for GROW research this year. Have a Merry Christmas!
The last month has seen accesso sign 3-year deals in Canada, Japan and now Alabama. A strong finish to the year and more to come when venues open up in the Spring.
"Gulf Coast’s Largest Entertainment Destination Implements Round of Advanced Technology Solutions
ORLANDO, Fla. (Dec. 21, 2021) – accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider for attractions and venues worldwide, has signed a three-year agreement with Alabama-based OWA Parks & Resort to provide its accesso Passport® eCommerce ticketing suite and accesso SiriuswareSM point-of-sale ticketing system, empowering the operator to enhance its current ticketing operations and prepare for the opening of its new, state-of-the-art indoor water park in 2022.
The award-winning and fully hosted accesso Passport eCommerce ticketing suite equips operators to deliver an exceptional eCommerce experience for guests on any device. The solution is designed to minimize cart abandonment while maximizing conversions through revenue-driving up-sell and cross-sell prompts, allowing operators to effectively anticipate guests’ needs while boosting their own bottom line. The accesso Siriusware point-of-sale solution empowers operators to bring on-site ticketing together with membership, retail, food & beverage, rental support and more into a single system, delivering unified data to drive holistic business management while lowering cost of ownership..."
https://www.accesso.com/news/accesso-partners-with-owa-parks-resort-to-streamline-ticketing-and-enhance-guest-experience
This will be the first time many investors have heard of K3C but it's a great introduction. Hopeful that we'll also make a few Top Tip lists for 2022 in the next fortnight.
'"As an example of how government and industry can partner to deliver cutting-edge technologies, CAE Australia and technology company Seeing Machines recently collaborated to install and integrate a crew training system that features precision eye-tracking technology..."
"The eye-tracking technology improves aircrew training by providing objective insights and detailed data on where pilots are looking during training sessions in the simulator.
“We believe with further research we can understand through the analysis of a student’s biometric data we can assess cognitive capacity and where they sit on the learning curve,” Sibree said.
“Through a combination of Artificial Intelligence and adaptive training scenarios, simulated missions can be tailored to a student’s learning capacity to optimise both training outcomes and reduce the time taken to train."
https://www.australiandefence.com.au/news/training-for-the-21st-century
Overdone in my opinion so topped up at 304p. This thread name has absolutely come back to bite me but it remains a conviction share for me so I'm happy to wait.
This may have been posted here already but I couldn't spot it. Colin Barnden posted the following on LinkedIn and Paul McGlone liked it.
"At today's Qualcomm investor day, we learned more about the status of the driver monitoring supplier partnerships for the #Snapdragon Ride stack. Although Cristiano didn't discuss #DMS specifically, the background showed only Seeing Machines as a "pre-integrated partner." No other DMS vendors were listed.
Integrating safety-grade DMS onto the Qualcomm accelerators is a non-trivial task and I am unware of the existence of even a single "OEM stack" for DMS. In fact, most OEMs have no expertise in this area whatsoever and the same is true for most tier one suppliers.
This leaves me to conclude that, going forward, Seeing Machines is the sole Qualcomm partner for DMS, both for Snapdragon Ride and from the fourth-generation ****pit applications processor onwards. This is a significant development."
It sometimes works the other way and I've even got partial sells in place as limit orders for 3 of my shares if a spike does happen
Frankly I'm baffled by the indifference shown to what K3C have already built and what's to come. They're my 2nd biggest holding and I plan to keep it that way as I'm confident they will come good but 400p this month may have been a trifle over-optimistic.
If it did approach 300p I would consider buying more though. As CEO John Rigby said at the Investor Meet meeting last week, they are building a £1bn company and I think they'll get there or will get bought.
Paul Scott interview mentions SOS in a very positive light at 20:32.
https://youtu.be/godOhIecGk4?t=1232
If you sign up to their website notifications you get sent links to the following links and a reminder that GROW have bought into 5 new companies recently:
https://www.moltenventures.com/news/farewell-draper-esprit-hello-molten-ventures
https://www.moltenventures.com/news/why-now-is-the-time-for-molten
Aktiia
Automated Optical Blood Pressure Monitoring System for 24-7 use at the wrist is the first available on the market.
“Their strong clinical validation, patient engagement, and market traction are extremely impressive and give us every confidence that Aktiia will transform how hypertension is measured and managed.”
Principal, Dr. Inga Deakin
Simscale
Making high-fidelity simulation technically and economically accessible to engineers worldwide. “The opportunities for this in terms of productivity and innovation are enormous and are being discovered daily.” Investment Director,
Christoph Hornung
SatelliteVu
Plans to monitor the temperature of any building on the planet in near real-time to determine valuable insights into economic activity, energy efficiency and carbon footprint. “We believe in SatelliteVu's potential to lead the charge in how we measure the energy efficiency and carbon footprint of our world.” George Chalmers
allplants
Operates as UK's vegan meal delivery service. All their packaging is 100% recyclable, partly compostable, and mostly reusable. “allplants is uniquely positioned at the intersection of some of the fastest growing areas in food consumption today: high quality, plant-based meals that deliver on taste, sustainability and nutrition.” Partner, Nicola McClafferty
Shüttflix
The first logistics hub for the construction bulk-materials industry that works digitally and supplies sand, gravel and grit on the spot. “Over 2.5m tonnes of construction bulk-materials delivered. Schüttflix has broken into a traditionally analogue market and is creating genuine added value for its customers.” Investment Director, Christoph Hornung
I hadn't considered this as a reason for the name change...
"Draper Esprit, Europe’s only stock-market listed tech VC firm, is changing its name to Molten Ventures after a change in senior personnel and an increasingly distant relationship with the US VC network from which is inherited its name..."
https://techcrunch.com/2021/11/09/draper-esprit-cuts-the-legacy-name-apron-strings-to-rebrand-as-molten-ventures/
Here's some marketing ideas related to the new name and different states of their portfolio holdings...
Seed Stage: SOLID
Partnering the right VCs for your first investment is vital, but seed is not our speciality. So we've backed dozens of Europe's best seed stage investors instead.
Early Stage: LIQUID
If you've found product-market fit you'll need investors with ambitions as big as yours. If we're not already talking make sure we know about you.
Later Stage: GAS
It's time to go global and you'll need the capital, experience and networks to scale. You focus on your business and we'll be there to back you.
Growth: PLASMA
The best companies have a relentless need for growth capital. Our listed VC model means we'll never tap out.
https://www.moltenventures.com/
Fyi for those that won't have the time or inclination to watch the video, extreme weather is covered so for total aircraft failure a parachute is deployed. It's been tested in Ireland and their target is to cover 99% of Irish weather :-) That's 99.5% of European weather.
It doesn't work in gale-force winds but works in up to 20m per second or 75kph winds but they have to make calculations on the energy used to return to a safe place.