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ALM Allied Minds Plc

13.85
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Allied Minds Plc ALM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 13.85 00:00:00
Open Price Low Price High Price Close Price Previous Close
13.85 13.85
more quote information »

Allied Minds ALM Dividends History

No dividends issued between 26 Dec 2014 and 26 Dec 2024

Top Dividend Posts

Top Posts
Posted at 02/5/2024 05:52 by spectoacc
Federated is still going? ;)

Sorry for holders on here - difficult to believe the heights ALM once reached.
Posted at 11/2/2024 10:28 by damers
I wonder if Ocuterra will be the first cab off the rank, following the release of (positive?) top line data? The spreadsheet tells me that ALM hold an 11.2% interest (giving a NAV of 2.4p a share around the time of delisting).
ALM mentioned that this could be a multi-bagger on the last call, so can we expect a pay-out of 5p+?

Federated did mention on a recent podcast that some news on the way re new DOD contracts, but agreed all seems very quiet.

A nice post from OSK this morning on X.
Posted at 21/12/2023 09:13 by spectoacc
Randomly woke up in the night and thought "Whatever happened to ALM post-delisting, or Federated Wireless?". Had taken this BB off watchlist. #3383.

Seems it's same-old from ALM, only now with less scrutiny.

The ghost of Neil Woodford. Sorry to anyone having to waste intellectual energy on this.
Posted at 14/12/2023 20:27 by wbodger
You should phone Sam Dobbyn if you can find a number. (Missing the Investor Call doesn't matter, it wasn't public anyway, it was by invitation.) Maybe phoning any large shareholder of (formerly) ALM might be productive since you have a large interest.

No need for CA to be secretive as it isn't listed now. Maybe they have Sam Dobbyn's number.

I don't have many. For me CA is more important.
Posted at 02/12/2023 08:25 by kooba
Seems much now depends on Ocutera a company the management wrote off and did not back , whilst they were putting more money into other failures.If Ocutera treatment in trials works they might get a deal or funding at multiples of current book value...if not they are out of cash so it's a high risk long shot.Everything else is progressing more slowly than planned and running out of money , though there are precious few investments left. It's a case of serial mismanagement that has lost hundreds of millions and has managed to get virtually no investment successes ...literally the only company they ever made money on was Hawkeye ..and then a lump of cash went to the management.Federated our largest book investment continues to miss any revenue forecast and is now years behind previous forecasts whilst burning any funding raised. ALM has little say in its running as it is now effectively controlled by Cerberus following the last raise.An unrivalled catalogue of failure and still those running it drain down the last of the cash.
Posted at 25/10/2023 10:54 by kooba
Yep just seems we get more folks with their noses in the trough ..whilst the investments go from bad to worse and no realisations are made.The unmitigated disaster that is ALM continues..i can see funding issues on all fronts where ALMs cannot hold their corner and will get stuffed thats if the portfolio company manages to raise anything and doesn't fail.The serial revenue misses and the overall funding environment not helping but this company was meant to be wound up years ago when we were in a much better private equity environment where shareholders could have probably received 50p in the £ for the assets ( which included cash which has now been burnt through for no advantage to anyone but the management) when the assets were many multiples of suspension price.Unfortunately i think we will end up getting less than that suspension price now.
Posted at 26/9/2023 19:08 by wbodger
Hoping Crystal Amber have some news this week, perhaps an update on ALM. Last year their results were on September 30.
Posted at 30/6/2023 09:16 by catabrit
Well, they sell their equity interests in the various portfolio companies to other LPs / trade buyers and return the proceeds to us. Simples!

I jest.

Obviously for each of these we need a liquidity event rather than a valuation event. A hypothetical up round is great in terms of belief and NAV but it’s merely paper. The BoD will need to crystallise the up round by selling all or a portion of the equity.

That then gets returned to us via a capital reduction or some sort of tax efficient distribution (hopefully not a dividend).

I don’t know the exact mechanics but it’s not dissimilar to what other liquidations do.

This isn’t a liquidation play yet as we still have a few hoops to get through if we want to maximise value. But once / if we get through them, then yeah the portfolio will be liquidated and the proceeds returned to us.
Posted at 21/3/2023 19:56 by horndean eagle
CRS commentary on ALM. Not hugely positive re FW.
Posted at 05/1/2022 15:20 by kooba
This the August '21 Numis comment..i think rather upbeat with multiple of our current nav target of 46p. FW worth a multiple of current value.I suppose we will find out fairly soon if the board has been giving BS guidance of values and returns..market is not agreeing with the company's broker!ALLIED MINDS (BUY, 46P)*. Pre-close update for 1H FY21. Positive - ALM's Board and portfolio companies continue to deliver accumulating evidence that ALM is worth significantly more than our estimate of its NAV (46p), let alone its current share price (19.5p). Federated Wireless, by far ALM's most valuable portfolio company, now earns recurring, fast-growing and profitable revenue. Several other portfolio companies continue to earn material project revenue. 1) Federated Wireless (FW) accounts for c.26p NAV per ALM share (but is likely worth a multiple of this) in our estimation, and, most importantly, the company keeps producing more evidence to assure that it is on track to turn over $17m in FY21 and $40m in FY22, and earn high, SaaS-type,profit margins. In addition, we highlight that ALM's Chairman, Harry Rein, has been appointed FW Chairman as well, because of his own expertise and experience. On its own, or with major partners such as Amazon Web Services, FW is delivering top quality private 5G networks, at speed, to commercial and US government customers(because of this, the DoD, for one, is promoting FW to other sectors of the US government).This is in addition, to the continued deployment of FW's spectrum-sharing service to augment the mobile network capacity/reach/quality of numerous incumbent and alternative connectivity SPs (e.g. telcos and cable companies). In addition, FWhas commenced commercial operations in remote US territories as well (e.g.Puerto Rico); has launched products to further help fixed wireless SPs deploy its service in remote geographies as well (to help eliminate the Digital Divide); has progressed product development of, for example, its Automated Frequency Controller for the 6GHz band (as opposed to the CBRS band), and Spectrum Exchange (which allows holders of CBRS licenses to lease out unused spectrum, and thus extract more value from their licences; these licenses were auctioned in 2020 for a total of >$4.5bn). 2) BridgeComm (BC) accounts for c.8p NAV per ALM share, in our estimation. BC continues to hit its technology milestones (with partners such as Boeing and Nokia), further developing its leading and patented technology for ultrafast and secure optical wireless communications. Most importantly, in our view, BC launched its point-to-multipoint laser communications product in Mar-21 ('MOCA') and sales are expected to start in 2H FY21. BC earns project revenue already, but the company may well crystalise its value simply by selling its IP. 3) Orbital Sidekick (OSK) accounts for c.4pNAV per ALM share, in our view. OSK completed its $16m Series A funding roundin Apr-21 (it has a $16m contract from the US DoD as well). As importantly, in Jun-21, OSK successfully launched its most powerful satellite yet (Aurora) to collect and analyse hyperspectral data to serve customers in the energy, mining and defence sectors. Aurora is a precursor to six further satellites scheduled for launch during 2022. 4) OcuTerra Therapeutics (c.15.5%-owned by ALM) has been brought back to life by an unexpected $31.5m Series B funding round, now completed. OT is a clinical stage ophthalmology drug development company. We estimate that its post-money valuation of $48.9m adds >2p to ALM's NAV per share. 5)We continue to believe that ALM is worth a multiple of our estimate of its NAV per share, which itself is 2.4x the company's last closing share price. We will review our estimate of ALM's fair value when the company details its 1H FY21results in mid-September 2021.

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