Share Name Share Symbol Market Type Share ISIN Share Description
Allied Mind LSE:ALM London Ordinary Share GB00BLRLH124 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +5.20p +1.47% 358.50p 357.10p 359.90p 359.50p 353.10p 359.50p 33,371 15:36:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 3.3 -98.0 -36.0 - 773.45

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Date Time Title Posts
21/10/201614:26ALLIED MINDS693
25/7/201619:23new thread: is ALM worth a punt now?602
29/5/201009:30Alphameric another tech shit rubbish share44
25/3/201009:13ALM: Is EVERYONE jumping ship???21

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Allied Mind Daily Update: Allied Mind is listed in the General Financial sector of the London Stock Exchange with ticker ALM. The last closing price for Allied Mind was 353.30p.
Allied Mind has a 4 week average price of 341.06p and a 12 week average price of 348.86p.
The 1 year high share price is 498.20p while the 1 year low share price is currently 239p.
There are currently 215,745,531 shares in issue and the average daily traded volume is 79,957 shares. The market capitalisation of Allied Mind is £773,447,728.64.
herb salade: LKID If spin transfer does hit commercialization what in your opinion would happen to the share price of ALM, saw a great note today from them. you are the most neg about this Co so interested to get your view. Cheers Herb
catscats: A bit of a rollercoaster here...not sure why the share price should be so volatile...possibly because the AHL's of this world push the trend as far as they can...both ways. Today's weakness may be due to weekend press reports of problems in US private equity - Unicorns turning to Unicorpses etc...but don't see any fundamental reasons for the recent share weakness.
skinwalker: two sides of the same coin. we're all here to try to make some dosh. Shareholders think the share price might be too low/likely to rise. Shorters think the share price is too high. All's fair in love, war and the stockmarket! :-)
sabor1: Is this the start of the news that is going to cripple the short sellers. I presume that Credit Suisse will bring two things: - substantial new set of investors - sees the potential for management fees for IPO's Allied Minds is in a lot stronger shape than when the share price was £725 - working memory chip - partner with google and others for Fed Wireless, will get revenue from google for all phones that use that infrastructure - SciFlor seems to have some strong medicines that are in trails - Optio is a leader in the mobile network security after two prestigious awards Presume one of the last two must be near to floating to attract Credit Suisse as broker. So with 12m short and a host of new buyers, only about 35m shares max available for sale, it could be interesting.
sabor1: Hard to see why the share price is so low. - Spin transfer has working prototype and has signed a co-development agreement with a major memory company; - Federeated Wireless working with Google, Intel, Nokia, Qualcomm and Rukkas to develop new mobile infrastructure. Google not bidding in next auction and aligning to this new infrastructure. hxxp:// Federated Wireless gets revenue for spectrum that google and others use. - Statement mentions that number of companies in commercialization phase doubled to 6. This looks positive as Sciflor and Optio are mentioned above Spin transfer and Federated Wireless in the trading statement. - Not sure why the short sellers don’t quit now wait for the price to go up and then return? - Mail, FT, three brokers all with strong buy recommendations, surely it must go up fairly quickly and when it does the short sellers will find it hard to buy 10m shares.
nimbo1: If Federated Wireless and Google can be part of the solution the Allied Minds share price will be on the way up again in 2016. Facebook's Plea to Telecom Companies: Let's Work on 5G Together February 22, 2016 — 7:00 AM GMT Company needs faster networks as customers use more video Mark Zuckerberg will make pitch at Mobile World Congress Facebook Inc. needs mobile phone data networks to work better and faster. So they’re asking telecommunications companies to partner with them and share designs, in an initiative that could accelerate the spread of 5G connectivity. Facebook made the same pitch with data-center storage and networking equipment through its Open Compute project, ultimately allowing the company and its partners to save billions in infrastructure costs. The company’s focus is moving to telecommunications as it builds products for live-streaming video and virtual reality, which require fast, high-bandwidth connections. Special Report: Mobile World Congress 2016 View our full coverage of this year's Mobile World Congress. Chief Executive Officer Mark Zuckerberg will make the plea to telecom companies at the Mobile World Congress, a gathering this week of industry leaders in Barcelona, Spain. Facebook is trying to get the equipment industry and carriers to share designs and technology that will speed up the adoption of faster networks. By doing so, the company is aiming to repeat its success in lowering the costs of equipment such as servers and storage devices. “By putting together flexible building blocks, we will be able to build much more efficient networks in the future,” said Jason Taylor, vice president for infrastructure at Facebook. “No one company can do it alone.” Early Support Facebook already has some support. Intel Corp. and Nokia Oyj will work with Facebook on the initial designs, while Deutsche Telekom AG and SK Telecom Co. will use the first technology that comes out of the project, Facebook said. One focus is making sure that modern networks can be easily updated to fit growing needs, using data-center technology, Taylor said. In the U.S., to help stimulate development, the two largest wireless carriers Verizon Communications Inc. and AT&T Inc. have scheduled the first 5G field tests for sometime this year. The first agreement on industry standards is still years away and the introduction of the first 5G service of any type isn’t expected until 2020. “We see 5G development starting in a lot of countries right now, particularly Japan, Korea and the U.S.,” said Hassan Ahmed, CEO of Acton, Massachusetts-based Affirmed Networks Inc., a supplier of equipment and software for mobile network operators. Carriers have already started to work together on getting to 5G networks, which can be five to 10 times faster than the current 4G networks, Ahmed said. Facebook is trying to influence an industry where best practices are already established. Currently, carriers pay large sums of money to experienced providers, and find it difficult to spend on upgrades until the last batch of equipment is paid off. It’s been difficult for new equipment providers to come in and create competition that lowers prices. “Scaling traditional telecom infrastructure to meet this global data challenge is not moving as fast as people need,” Jay Parikh, Facebook’s head of engineering, said in a blog post. “Driving a faster pace of innovation in telecom infrastructure is necessary to meet these new technology challenges and to unlock new opportunities for everyone in the ecosystem.”
skinwalker: I don't think you offend anybody Mr Ball. Your £50 share price prediction is a little on the optimistic side I fear. It may happen, but will it happen before the end of our little universe I wonder? Don't worry about Liquidkid - nobody else does!
mishkam: The more obvious risk is someone will take it over. That happened to another of Kerrisdale shorts SourceFire taken over by Cisco for almost twice the share price 6 months after their quality analysis was published. I still expect it to go back to £5 which is where it was prior to that ridiculous report. It is not a particularly liquid stock so the 6m short position will be hard to unwind without impacting share price. Good news is expected when regulators approve Federated Wireless and Spin Transfer.
mishkam: I am saying that Federated Wireless is an example of a company where the analysis is clearly rubbish. The US is running out of spectrum. Allied Minds has the capability to deliver a lot of spectrum to the US. This is a project that they are doing with Google. They have done testing and are now going back to get final approval. How can this company not be worth bn's come next year. Allied Minds is currently worth £700m. Companies have spend over $300m trying to develop a chip which is compatible to Spin Transfer. Spin Transfer have signed a deal with a major manufacture and therefore it must be worth a lot of money, more than the current ALM price. Regarding Optio it is a simple demonstration that the company has a material revenue stream for something that is not its main ip. Whiteworld encryption is interesting as encryption is clearly something that could be worth a lot of money. Having a government agency come up with a new encryption that you can not get you brain round also sounds like it could be worth a lot of money. The current ALM book value is very small. This can only be an upside. I guess the short position is currently around 8m shares. I guess woodford owns 23%, invesco 32%, directors 20%, indexed funds 15%. I am guessing the short is going to be very hard to buy.
dangersimpson2: I'm bearish on valaution & momentum I'm afraid. When you have a company like this the long term value is what the subsiduaries are worth. If these are successful then the value of these will increase, if they are not they will decrease. It is the nature of these early stage companies that they are very hard to value. You essentially have 2 ways of doing this - 1 is the directors opinion, the second is the read-through value from external investments into the company or equity value if the company is seperately listed. This is what they call the ownership adjusted value. The directors are naturally optimistic about the future of these companies so we can safely assume that they are not intentionally undervaluing their subsiduiries. When we do see an uplift in OAV it is based on the successful companes raising external financing. In the last 6 months we have seen OAV uplifts in 2 ALM subsiduiries STT & Scifluor to give a total OAV of $481m. After investments they have $195m cash left minus any cash burn over the last 6 months. This means that the current best guess value of the company is £1.94/share (fully diluted). It may be right to value the company at a premium to OAV + cash if you believe that OAV will increase over time but 3.5xOAV? Seems excessive to me. Given the risks that early stage companies have to buy ALM now on valuation terms you would have to believe it's true value is something like 5 time what the ALM directors are telling you their company is worth - is that really likely? So why has ALM got to £7? I think it's due to the reputation of Woodford and share price momentum. These can all be good reasons to invest in a company but you have to be clear that this is why you are investing not based on valuation. So what about these going forward? It seems from the SciFluor deal that any Woodford investment is now happening at the subsiduary level - hardly surprising when he is getting 3.5x more for his money. And share price momentum seems to have stalled at £7. Therefore to invest here as a PI you need to be confident that you can value the subsiduaries of ALM better than its own directors since otherwise valuation, momentum and reputation are now going against you. Seems a tall ask to me.
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