Allied Minds Dividends - ALM

Allied Minds Dividends - ALM

Buy
Sell
Stock Name Stock Symbol Market Stock Type
Allied Minds Plc ALM London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 13.85 00:00:00
Open Price Low Price High Price Close Price Previous Close
13.85 13.85
more quote information »
Industry Sector
GENERAL FINANCIAL

Allied Minds ALM Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
16/01/2020SpecialGBX12.6231/12/201831/12/201923/01/202024/01/202014/02/202012.62

Top Dividend Posts

Top Posts
Posted at 01/2/2023 15:22 by kooba
Good spot..This i believe was the last position here.So knowing the pre or post money valuation would be a help.I'm sure ALM will let us know at some point.Since its not mentioning an up round i would presume its flat or more likely down which would be another disappointment on progressing a valuation and dilution. Will have to wait and see i guess.Date of Last Funding Round: April 2021 -- Post-Money Valuation: $46 million -- Co-Investors: Temasek, Energy Innovation Capital and 11.2 Capital -- Allied Minds' Issued and Outstanding Ownership in respect of preference shares: 26.29% -- Allied Minds' Fully-Diluted Ownership: 23.84%
Posted at 01/2/2023 15:07 by damers
hxxps://techcrunch.com/2023/01/31/orbital-sidekick-raises-10m-to-bring-hyperspectral-imaging-to-oil-and-gas-pipeline-monitoring/

The question being how much have we been diluted by? ALM did have 24.1% stake in OSK.

My guess is that we are now down to 18 / 19%?

Posted at 25/1/2023 06:22 by kooba
Think they are strictly a passive investor there..Harry asked to go on the board but never was invited. Not surprising really ALM didn't support the fundraise and i thought lucky not to get diluted more than they did at the time since they had written it off.
Posted at 20/1/2023 08:13 by zimmie1
What's the best way to say connected to news about ALM? Particularly interested to know when arrangements are in place to sell shares currently held in my Hargreaves Lansdown SIPP.
Thanks

Posted at 27/11/2022 14:16 by damers
After hovering over the buy button for months, I have taken the plunge on Friday.

I see ALM as fairly safe bet considering the NAV. I am more than happy waiting a couple of yrs to cash out as do not need the reddies until around that time.

As ever we in the hands of the markets. However, I just cannot see an outcome around the current share price 30p is my target & anything above is a bonus. It will actually make a refreshing change not watching & worrying about the share price from day to day.

Appreciative of any posts on this BB as info is scarce regarding ALM. I normally post on LSE, but it's even quieter over there.

Anyway, best of luck investors - it's going to be an interesting couple of yrs ahead.

Damers.

Posted at 11/10/2022 09:20 by spectoacc
"I personally have the NAV around 40-50p + and if orbital and bc can deliver then £1 is not pie in the sky."


I probably thought the same 2 or 3 years ago (but for Orbital, read Spin Memory).

For the current and foreseeable state of the market, and ALM's history, either a trade buyer comes in for FW (perfectly possible), or they don't. If ALM eventually run out of cash, fire sales of these sort of portfolios tend to be dire.

I hope it comes good for long-suffering ALM shareholders, but 0p isn't pie-in-the-sky. £1 I fear is.

Posted at 02/9/2022 14:37 by spectoacc
Sure, they don't have to - but the point is, today's announcement shows they've had no bids. Yes, is possible someone's offered say 5p/share for ALM - no "notable interest" is how they phrased it - but once again, whatever they say about eg FW, whatever is claimed on here, the facts on the ground are that no one has come forward for it, and that no one has even tried to pick up the FW stake dirt cheap by buying ALM itself.

Why?

Meanwhile, yet another plaintive call for interest:

"Notwithstanding that, the Board remain receptive to any proposal for the whole or part of the business, prior or subsequent to any proposed de-listing..."

Things could work out - 0p-30p is my guess, over an uncertain timescale. Took me quite a few years to separate ALM fact from ALM fiction, even before the much-touted SPIN was abruptly valued at 0p.

FW has been the great hope for a long time - hopefully for long suffering shareholders, it'll come off. Is worth considering the evidence tho.

Posted at 02/9/2022 06:22 by spectoacc
What a depressing read for ALM investors. Basically, FW continues to do well but with no sign or prospect of realising any money from it. There's been absolutely no interest in ALM as a whole. They're having to take, on BridgeComm, "...An economic write-down...sets the company up for future success and the potential for a significant total return."

Even the delisting only buys 2 more years.

The usual nonsense at the end:

"The Board remain of the view that there is substantial value to be realised within the portfolio of investments and that this can be achieved within a time frame of 18 to 24 months. It is therefore important that the Company has sufficient resources, including an appropriate buffer, to achieve this which is the key reason for considering and consulting with Allied Minds shareholders on a potential delisting."


What, another "18-24 months"? What about the past two sets?

Have they seen the way the market's heading?


Edit - it sounds as if they haven't even received any "notable" interest for even one of the holdings, let alone ALM as a whole.

It reads as if they're an early-stage investor, just starting out, but how long have they had those holdings and how much money have they chucked at them?

Other than the cash return - 13p was it? - ALM has been an absolute fiasco. Raised further money at £3.50 from memory.

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.
Posted at 06/10/2021 09:29 by bobonumber1
NumisAllied Minds (Buy, TP: 46p) On course to demonstrating VC returns in monthsALM's announcement of 1H FY21 results today follows its detailed Trading Update for the same period on 11-Aug. At a minimum, we think investors should note two key points. First, during 1H FY21, Federated Wireless (FW) and Orbital Sidekick (OSK) progressed from pre-revenue companies to earning fast-growing, recurring and profitable revenues - we estimate FW/OSK make up for 66%/9% of ALM's total portfolio-company NAV. Second, we think FW, OSK and BridgeComm (we estimate: 17% of ALM's total portfolio-company NAV) are only months away from financial transactions which will show that, in aggregate, ALM is worth significantly more than our estimate of its NAV (46p), let alone its current share price (23p).Download On course to demonstrating VC returns in months(3 pages) Federated Wireless (FW) accounts for c.26p NAV per ALM share (but is likely worth a multiple of this) in our view, 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. We also highlight that ALM's Chairman, Harry Rein, has been appointed FW Chairman, due to his expertise/experience. On its own, or with major partners such as AWS, FW is delivering top quality private wireless networks, fast, to commercial and US government customers (thus, the DoD, for one, is promoting FW to other US government branches). This is in addition to the continued deployment of FW's spectrum-sharing service to augment the mobile network capacity/reach/quality of incumbent and alternative connectivity SPs (e.g. telcos and cablecos). In addition, FW has 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).BridgeComm (BC) accounts for c.8p NAV per ALM share, in our view. BC has started to sell its Optical Inter-Satellite Link terminals, for space and ground applications, to commercial and US Government customers. Most importantly, we think, 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 it may well crystalise its value for ALM simply by switching backers to further fund its progress.Orbital Sidekick (OSK) accounts for c.4p NAV per ALM share, in our view. It completed its $16m Series A funding round in Apr-21 (it has a $16m contract from the US DoD also). As importantly, in Jun-21, OSK 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 to be launched in 2022.We remind that our ALM TP is based on the post-money valuations of the past funding rounds of, mainly, FW (Sep-19), BC (Sep-18) and OSK (Apr-21).
Your Recent History
LSE
ALM
Allied Min..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20230207 01:31:16