Allied Minds Share Discussion Threads

[essentialinvestor] 30/10/2015 19:29

Really good trading calling here Phil, would not have seen this one.

[philo124] 30/10/2015 19:18

Sold today, nice turn.

[liquidkid] 29/10/2015 13:32

This Shill Bidding that Woody is doing is another major RED FLAG.

By driving up the price and monopolising all the trading in Allied Minds shares he has distorted the market. Unless someone else with very deep pockets comes in to help out he is very much stuck in the woods on his own here because he is also singly having to pay up for all future funding handouts as well (see last funding round - no one else participated.)

This is a double a black hole that will not be easy to get out of.
When it's time to pay the piper, they can't keep consistently promising stuff that doesn't happen, while capitalising big losses as upwards portfolio valuation.

[catscats] 29/10/2015 12:30

short squeeze...? 6-8mln to buy back will be tricky as woodford has mopped up all the available stock...

[catscats] 28/10/2015 22:51

Freddie - my understanding is that they will be capped at 30% unless they make a bid (which is highly unlikely). To make such a big bet Woodford must be very comfortable with the company and will have done his homework/due diligence. Paul Scott says much the same thing today with regard to UtilityWise, where Woodford also has a large shareholding.

[freddie ferret] 28/10/2015 16:29

Ehem.
28% Woodford Investment Mgmt clients. If they get to 30% do they have to bid or are they capped? Excuse ignorance.

[liquidkid] 28/10/2015 12:02

Just look at the daily volume and our main man Woody must have been buying ALL the shares on the offer over the last two weeks to end up with his million more shares.
He's putting the market makers out of a job.

The average daily volume is around 100,000 shares
4 million shares to go.

[liquidkid] 26/10/2015 12:04

The Quintessential report was 'poorly researched and inaccurate'

read through to

Kerrisdale report described as ‘strangely shallow’
so much so as lead to 'increased confidence'

Be prepared for my next installment looking at ScareFluor
where I will inject some realism directly into your eye

[r ball] 22/10/2015 20:47

stick it in your pension

[market sniper1] 16/10/2015 14:13

ALM Allied Minds

Neil Woodfords Fund.....

The biggest detractor over the month was the position in Allied Minds. The stock’s sharp underperformance was due in large part to an opportunistic attack from a short-seller using a piece of self-generated research, which the FT described as ‘strangely shallow’. Although this has been unsettling for market sentiment in recent days, we see nothing fundamental to concern us. Indeed, our confidence has increased in both the long-term potential of its existing portfolio of maturing technology businesses and in the management team’s ability to identify new value-creating opportunities from its relationships with the best research institutions in the US.

hxxps://woodfordfunds.com/insight/september-2015/

ALM Allied Minds

Went long on ALM last week, and its gradually risen. Neil Woodford (top fund manager) seems to be a big fan so if its good enough for him itl do me.

[r ball] 15/10/2015 18:55

this share should be in an Isa.

[catscats] 15/10/2015 13:04

Liquid - on doing a modicum of research i see that woodford's income fund has a yield of 3.4% (FTSE all share yield is 3.5%), with a 'market leading' mngt fee of 0.75%, and he has outperformed just about everyone else in the past year. The fund now has £7bln of assets and has been going just over a year....applause rather than red card is due IMHO

to give you some credit, you are right about FBAR and the tax facing US investors when they sell overseas assets...so i guess US retail investors will miss out on R Ball's £50 target....i will be happy with £10

[moosley] 15/10/2015 11:55

ok liquid i sold my 100 shares as i think you know better then woodford :)
if you ever start your own fund pls do let us know so we can all invest in it
if this share does go up anymore i will come looking for you:)))

[liquidkid] 15/10/2015 10:07

When is a UK Equity Income Fund not a UK Equity Income Fund? When it is a Woodford UK Equity Income Fund.

Equity Income Funds holds stocks with a GOOD HISTORY OF PAYING DIVIDENDS.
When a personal client asks their IFA for Income. The IFA doesn't go and rush out and buy a truckload of scratch and wins. Stopping this is what the FCA's primary existence is for.

Woodford is not playing by the code and should be Red Carded.

Who reads fund webstes anyway? It's not for retail. Goto jupiteram.com or henderson.com to see if you are worthy to view. Besides they a soooo boring. I couldn't even get through the September blog without having to flick over to Cat videos and Syrian tanks with GoPros

Point 6.
Ever heard of FuBAR?

For a US person every investment incurs a foreign bank and financial accounts report (FuBAR) so a client must have the requisite information to put on the FuBAR.

The US has a policy which started in 1988 which says that if you invest in anything outside the US that is not regulated by the US, then when you come to sell it, the gain you receive will be taxed at the top tax rate of 35% plus interest charges for the whole period. Unit trusts, offshore bonds, mutual funds, offshore funds and hedge funds all fall outside that regime. US citizens can’t invest in them or they will fall foul of their country’s tax regime.

Thanks for your response catscats but is that all you could come up with?

[r ball] 14/10/2015 18:31

£45.70 to go.

[catscats] 14/10/2015 17:06

Liquidkid - your list is annoying and misguided. Have you actually read Woodford's fund rationale. It clearly states on the home page of his website that the Income fund can and does invest in some higher risk long term companies. And, guess what, the fund has performed rather well.

BTW there is nothing to stop a US person investing in ALM, or any other listed UK stock....(point 6)

If a retail investor doesn't understand the jargon used in ALM's RNSs then he should do some homework - it is all there on the web - or stick to Tesco....or funds..

[chevalierdaven] 14/10/2015 13:02

I read Woodford's blog piece on ALM. So weak!

"When a finger points to the moon, the imbecile looks at the finger" kind of nonsense. He really is taking retail for a ride!

And the only external source he invokes is...of all people...Paul Murphy, talk about an independent mind! Paul Murphy terminally destroyed his impartiality credentials when he wrote
"Paul Murphy, The FT./alphaville
PM This is potentially huge
PM Buy ALM, put it in a draw and forget about it. It will probably turbo charge your pension"

[r ball] 14/10/2015 12:18

tightly traded.

[mishkam] 14/10/2015 11:08

Your right it was 5%. Anybody that is close to the company is not selling and Woodford is increasing his stake.

[liquidkid] 13/10/2015 12:40

It was 20 million shares at 365p. 10% of the company.
Woodford has increased by only 5% (went from 23% to 27%)
Has failed to mention it in the blog or is that what they call "our confidence has increased."
So who gets the other 5% or is it magic
look at the volume it's pathetic.
This is not a squeeze - this is a gift that keeps on giving.
By and by, Where did you pull the $500mn out from? Did you just make that up today? Well done.

[catscats] 13/10/2015 12:09

thanks jakedog, i feel happy to follow Woodford's views on the company rather than some of the naysayers on this blog. I expect he has better information about what is going on than any of us. As this stock is difficult to value, confidence in the story becomes paramount....so good to see Woodford buying more. I expect the shareprice will now consoidate until we get some (more) good news from the incubatees and the shorters will get properly squeezed.