Allied Minds Share Discussion Threads

[kooba] 08/11/2021 07:19

Oh the company have updated..only this is not the press release that was and is current..the 4 times the expected revenue growth has been cropped…what’s going on here? Have they doctored the press release??

ARLINGTON, Va., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Federated Wireless, shared spectrum and private wireless network pioneer, has driven a number of significant advancements in the past 12 months. The company currently has more than 200 customers, with 70,000 devices deployed, which together indicate strong momentum for the entire market segment. These include the launch of the secondary CBRS spectrum market via its Spectrum Exchange; significant deployments of a dedicated CBRS network for IoT research at Fort Carson, Colo. and another for modernization of the Marine Corps Logistics Command warehouse operations in Albany, Ga.; along with deployment of the first CBRS networks in Puerto Rico and the U.S Virgin Islands, delivering service to the region’s Wireless Internet Service Providers (WISPs) and Mobile Network Operators (MNOs). The last year has seen 4 times the company’s expected revenue growth, its customer and partner base expand rapidly into new verticals, and the number of active CBRS devices grow to more than 70,000.

“The CBRS market is growing fast and helping answer the need for additional spectrum across a variety of use cases,” said Kevin Hasley, CEO of RootMetrics. “And it is having an impact at a critical juncture. Few could have anticipated just how quickly and steadily device densities, application bandwidth needs, and rural connectivity requirements have accelerated over the last few years. Our testing of mobile operators shows that CBRS brings significant performance improvements for carriers who have used it to enhance the spectrum they have available in markets across the US. Ultimately, CBRS will help improve connectivity not just for service providers but stands to bring benefits to consumers, businesses, and the industry itself

“We are extremely pleased with both the growth of the sector and Federated Wireless’ leadership in it and are proud to have realized the potential of shared spectrum, the technology and the company,” said Iyad Tarazi, CEO of Federated Wireless. “We think this is only the tip of the iceberg as we continue to lead the industry forward with innovative thinking, a rapidly growing ecosystem and a strong base of customers spanning multiple industries.”

[kooba] 06/11/2021 12:22

Rather difficult to say it was not price sensitive when the price moved..i cannot see an explanation of the comment that does not mean that there is a very significant beat on the forecast in the market of $17m revenue for current year. If that is not the case then some furious backtracking will be required.

[believer2] 06/11/2021 11:52

His inbox must have been rather full yesterday - you were not alone ! Poor show all round - let’s see what next week brings - wonder who got told off for the press release !

[kooba] 06/11/2021 10:24

Think you are right...although i believe the 4 times expected revenue growth was in the header ..so looks like they removed that.But its still in the body of the release so if they have tried to tone things down not sure thats worked that well. Still requires explanation...i emailed the company yesterday to explain..its possible they were unaware of the release...but Harry R is Chair of Federated so should have oversight on public communications to an extent i would have thought.Awaiting response..will i get one?"The last year has seen 4 times the company's expected revenue growth, its customer and partner base expand rapidly into new verticals, and the number of active CBRS devices grow to more than 70,000."

[believer2] 06/11/2021 08:15

Unless I am mistaken the release on 4th Nov at 12 has disappeared and it seems to have been rereleased yesterday but the wording looks the same - strange goings on -

[kooba] 05/11/2021 10:38

Numis as the nomad who also covers the stock you would think they would be interested in understanding the release and whether it has bearing on the value of the company's principal asset.But since the last Numis research didn't really resemble the narrative of the company's...being far more upbeat on imminent value enhancing corporate events than the company..who knows?

[believer2] 05/11/2021 10:25

I agree - but tbh not surprised, we have all put information on here that we have had to find and interpret - again I would think that the analyst at Numis would want this “out there” to justify their own forecast - it’s all a shambles really - “back in the day” corporate would be all over this and sales team would be discussing it with their institutional shareholder list - pretty unprofessional all round imo

[kooba] 05/11/2021 10:15

It is a proper press release from Federated Wireless definitely...the specific point of the communication seems slightly lost but there is a very obvious interpretation that the company is trading substantially ahead of what can be taken as a forecast from the CMD...they may argue a lower base point somehow but the Chair of AM is the Chair of FW and should have been well aware of expectation in the market and the implication of this release.

[believer2] 05/11/2021 09:42

I must admit I was confused that the article was in the public domain but there was nothing from Fed on their Twitter feed or anything RNS - it does seem a poor oversight but surely the broker should be on it too!

[kooba] 05/11/2021 09:35

The last updates from the company on FW below indicate the company in line with forecast..that forecast has to be the figure put forward in the AM CMD to shareholders ie $17m..if it is substantially different they should definitely inform shareholders especially as it is "sort" of out there.11th august '21 portfolio updateOutlook for Federated Wireless The Board of Allied Minds is very encouraged with the progress being made at Federated Wireless. It met its first half revenue expectation and is on track to meet its full year plan. Perhaps most importantly, as we continue to witness and understand the evolution of Federated Wireless' business model, in conjunction with external advisers, it is clear that Federated Wireless is very well positioned as an Enterprise Cloud Based Software Company. This understanding gives further confidence in our belief in the potential for significant further value uplift from this very exciting portfolio company. 6th October int results commentThe Board of Allied Minds is very encouraged by the progress being made at Federated. It met its first half revenue expectation and is on track to meet its growth ambitions in the coming years. Federated has sufficient cash to fund its growth into 2022. Allied Minds currently owns 36.61% of Federated and expects that if the company continues to achieve its planned key milestones, it will be in a position to attract any future equity financing in an upround.Sent from my iPad

[bobonumber1] 05/11/2021 09:29

Bojo lol. There must be an announcement today from the board. They are legally obliged to communicate information that can have a material impact on the share price

[kooba] 05/11/2021 09:04

Damn predictive text bobnumber1.Anyway back to forecast2020 looks like about $8m revenue so they were forecasting 2021 $17m revenue ...growth over 100%..if they are now saying that revenue will be 4 times expected revenue growth are they say 4 or 5 times $8m ? $32-$40m range ?? This would be significant in terms of price sensitive information on AMs biggest asset...and since FW has indicated it is funded to q1 '22 a fundraise is likely imminent which would be greatly influenced by such multiples of expected revenue coming through.Company should clarify the picture urgently..AM Chair is FW chair so must be aware of press releases and must realise that such a communication from the largest asset is price sensitive ..noting the price move! Think if my figures are correct interpretation price move ids somewhat modest as i could see federated command a big uplift in valuation in the next funding round.

[kooba] 05/11/2021 08:54

Well BoJo number alighted me to the press release that beliver2 posted last night and i have been trying to extrapolate the comment on revenue growth from known knowns to understand what it might mean in numbers.So from 14 april capital markets dayhttps://vimeopro.com/instinctifpartners/allied-minds-capital-markets-day/video/539731810Listen to whole thing or around 17 mins for revenue comments.Talk an exitting run rate $40m current year.But management forecast seems to be $17m for current year $8m recurring which probably adds up?Think later talks of $40m revenues 2022 but that doesn't necessarily stack with a 2021 exitting run rate of $40m..so might be a slight.In april talked 57000 active devices..so 70000 positive but not of the quantum they are indicating.Anyway in terms of the press release what"Significant milestones reached in past 12 months, including seeing 4 times the company's expected revenue growth and reaching more than 70,000 active CBRS devices, illustrate solid traction and bright future for the entire market"Means is slightly difficult to gauge..4 times expected revenue growth..what are they basing expectation on ? Above?? Either way looks like the company is enjoying strong traction and retaining market share in a very rapidly expanding space.Since there is expectation as above in the market place the company should clarify as the investment in FW is extremely material in the company's valuation

[bobonumber1] 05/11/2021 08:39

4x projected growth. "Tip of the iceberg" "the single most significant contributor to US 5G leadership"and WiFi 6 talk of going global. All very bullish.

[kooba] 05/11/2021 04:57

Increasing market opportunity for Federated Wireless in 6ghz..interview with CEO.https://www.lightreading.com/aiautomation/how-federated-hopes-to-supercharge-6ghz/v/d-id/773185

[believer2] 04/11/2021 22:02

Not really sure why the broker does not guide the company to promote such things and justify their share price projections - hey ho

[believer2] 04/11/2021 21:55

hxxps://www.globenewswire.com/news-release/2021/11/04/2327409/0/en/Federated-Wireless-Accelerates-Leadership-in-Shared-Spectrum-Market.html

[buffettjnr] 04/11/2021 14:25

Exactly Kooba

[kooba] 04/11/2021 14:14

Agree but that agenda is certainly impacting investment markets and themes..difficult finding backers in replacing hydrocarbons necessary to cope with transition of course ..but sending rockets to space fuelled by hydrocarbons is no problem.Now where've i parked my private jet?

[bobonumber1] 04/11/2021 13:38

The whole cop26 agenda is laughable. Electric cars with not enough charging points for attendees ect. Not having the three big polluters, Russia China and India on board. Rushed government contracts are notoriously generous though. So if this benefits our subs then I'm not complaining.

[kooba] 04/11/2021 12:49

If as i suspect one or both these investments are in the process of raising funds it might well be that AM are wallcrossed on releasing anything for now ..but to be honest they don’t make regular comment and don't even retweet portfolio investments tweets so i think we have to accept as shareholders we’re pretty much on our own trying to track progress in between the scheduled updates. Very hopeful of some positive up round revaluations and judging by Numis comment should be any time soon. Fingers crossed hey!

[kooba] 04/11/2021 12:38

Still think this is a very interesting comment in a news report not so long ago on BridgeComm as well..

“Denver-based BridgeComm plans to establish a global network of optical communications ground stations and an optical communications constellation in low Earth orbit.’

Then their tweet the other day

The capabilities to monitor the amount of #data needed to globally manage elements of climate change is not currently widely available. Find out from BridgeComm about how #OWC holds the potential to manage the vast amount of environmental data.

bridgecomminc.com
(Optical Wireless Communications)

Looks like Orbital Sidekick and BridgeComm should be talking they have a solution to monitoring many facets of climate change contributors from space and sending the data back to planet earth. All seems very hot and topical to me.

Seeing this today though didnt know whether to laugh or cry as they debate eliminating coal fired power stations.

[casholaa] 04/11/2021 09:02

COP26 are hoping to limit global warming to 1.5 degrees... but is that a further 1.5 degrees or are we at +1.5 degrees already??? Personally, I don't mind global warming as it may provide better summers and lessen my gas use.

[bobonumber1] 04/11/2021 08:05

Everything starting to fall into place

[kooba] 04/11/2021 07:54

Orbital SidekickWe are honored to be included in a report presented at the #EarthInformationDay of the UN Climate Change Conference #COP26 . Check out the full report ?https://twitter.com/orbitalsidekick/status/1455988834445955075?s=21