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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Allied Minds Plc | ALM | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
13.85 | 13.85 |
Top Posts |
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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/quali |
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