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Share Name Share Symbol Market Type Share ISIN Share Description
Allied Minds Plc LSE:ALM London Ordinary Share GB00BLRLH124 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.75 3.25% 23.85 23.10 24.60 24.00 23.10 23.40 124,309 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.5 -55.5 -22.0 - 58

Allied Minds Share Discussion Threads

Showing 6301 to 6323 of 7450 messages
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DateSubjectAuthorDiscuss
10/4/2019
06:28
Results last year 22 March ...no notification so far..are they trying to get some positive news over the line ? Portfolio IPO , monetisation or external validation of SciFluor or Precision Biopsy ..both being supported by existing holders.The board are certainly under pressure to show they are capable of delivering value for shareholders and the very discount to NAV shows the market does not believe they are up up to the job with the current overheads and model.IfWoodford and Invesco lose patience (some irony?) then the game could be up and give CA the mandate on orderly liquidation while there is still some value to be had.
kooba
10/4/2019
05:57
#ALM The Times: Crystal Amber, the activist investor that has built a 2.7% stake in #Allied #Minds, has demanded the break-up of the technology incubator.https://twitter.com/smallcappick/status/1115841108343435264
newtothisgame3
09/4/2019
23:26
I think we tried testing 65p a couple of weeks ago and failed. Lets see what this week brings
lastoneout
09/4/2019
16:50
No fully loaded here. Bull kumo breakout today.
blueball
09/4/2019
16:48
Are you in the market for more?
investordave
09/4/2019
16:46
Still a bit nervous about another top up at the moment.
investordave
09/4/2019
16:43
Think you better buy some more Dave.
blueball
09/4/2019
16:23
Be nice to leave 65p behind
volsung
09/4/2019
16:00
Yep. Everything in the garden looks rosy at the moment. Long may it continue.
investordave
09/4/2019
15:55
Looking great here for a re=rating.
blueball
09/4/2019
10:54
"Based on the disclosure regarding individual investee company holding values, we estimate that Allied Minds’ net asset value per share currently stands at around 123p." Significant discount to NAV.
cf456
09/4/2019
08:50
Interesting thanks for that kooba.
blueball
09/4/2019
07:28
Crystal Amber investment commentary out this morning on AM.Allied Minds plc ("Allied Minds")Allied Minds describes itself as an early stage investor in technology and life science companies. In 2014, it listed on the London Stock Exchange at 190p a share, valuing the company at £398 million. In December 2016, it raised £64 million at 367p a share.In the period from 1 January 2014 to 30 June 2018, Allied Minds reported total operating losses of $418 million.Since its formation, Allied Minds has invested in over 40 companies. In 2017, it discontinued funding several portfolio companies to focus primarily on its six largest remaining portfolio companies.The net asset value of Allied Minds comprises these six entities, another five much smaller investments, plus $50 million of cash as at the end of 2018. Based on the disclosure regarding individual investee company holding values, we estimate that Allied Minds' net asset value per share currently stands at around 123p.Last autumn, the Fund initiated a position in Allied Minds and currently owns 2.7% of its issued share capital at a cost of 60p a share, equivalent to a discount of more than 50% to net asset value.In February 2019, the Fund met with Jill Smith, the Chief Executive of Allied Minds. On 2 March 2019, the Fund wrote to Allied Minds expressing a number of concerns regarding its parent company running costs which, at around $13m per annum, are in the Fund's view, both excessive and inappropriate.The Fund also wrote asking on what basis the board of Allied Minds believes it is appropriate that officers of the company are to be paid 10% of gains arising from any investee company whilst the listed company will bear all losses. The Fund regards this practice as both unprecedented and wholly unacceptable. Despite follow up correspondence, the board of Allied Minds has failed to respond to the Fund on this matter.The Fund also wrote to the board of Allied Minds requesting to understand on what basis it was continuing to award long term incentive shares to staff. In the first half of 2018, the cost of these was $3.9 million. Despite follow up correspondence, the board of Allied Minds has failed to respond to the Fund on this matter.The Fund believes that there is an urgent need for the board of Allied Minds to re-align its cost base. Eleven companies with negligible revenues should not require an overhead of $13m per annum to manage. The original incubator model that Allied Minds adopted has clearly failed to deliver. Whilst Allied Minds invests in early stage companies, the Fund notes that its core remaining portfolio investments were each initiated several years ago: for example, Spin Memory in 2007, Precision Biopsy in 2008 and SciFluor in 2010.The Fund believes that a board that has presided over such poor long-term performance at Allied Minds and that sanctions a culture of egregious total compensation payments is not aligned with shareholders, nor is it best placed to deliver for shareholders.The Investment Manager to Crystal Amber has identified a US-based lawyer with direct experience of running-off and realising assets in a US-based, London-listed investment company. As a consequence, the Fund has therefore written to the Board of Allied Minds suggesting that Crystal Amber's Investment Manager, in conjunction with the identified US-based lawyer, take over the management of the portfolio of Allied Minds, with total annual costs of running Allied Minds being limited to 1 per cent. of net assets of Allied Minds as at 31 December 2018. The Fund also proposed that in the event that the total portfolio realisations exceeded 80p a share, a performance fee of 10 per cent. would be payable on any excess. On this basis, the Fund believes the annual costs of running Allied Minds would fall by around 70 per cent.
kooba
08/4/2019
12:52
A very quiet day so far. a 4p rise would do nicely though.
blueball
04/4/2019
18:50
Got this from the LSE boardhttps://www.thinksmallcell.com/Femtocell-Interview/iyad-tarazi-federated-wireless-updates-us-about-cbrs-progress-and-potential.htmlThanks to AquaeSulis01
lastoneout
04/4/2019
17:12
They sound the right people
lastoneout
04/4/2019
17:03
Notice they also beefed up the board the other day...prelude to float??https://www.prnewswire.com/news-releases/hawkeye-360-strengthens-advisory-board-with-two-new-members-300815312.html
kooba
04/4/2019
15:40
They're probably too busy counting their salaries to think about issuing an RNS.
investordave
04/4/2019
15:35
Yes someone should introduce the good people at ALM with the concept of the RNS.
lastoneout
04/4/2019
13:35
Maybe should rns reach these things ?HawkEye 360 Inc. today announced that it has launched RFGeo, a first of its kind radio frequency (RF) signal mapping producthttp://www.alliedminds.com/news-article/hawkeye-360-launches-first-commercial-product-rfgeo/
kooba
01/4/2019
11:51
Better news for Woodford today Oxford Nanopore looking at IPO and Circassia which has been beaten down looks like it is turning the corner.If he can find a way through to some major monetisations could be a big bear squeeze on some of his holdings that have been targeted by short sellers.Have to agree with CA that the management structure and the basis of renumeration does not align the board and senior management with shareholders.Quite a few of the remaining holdings are now quite mature for an incubator model so costs should be more in line with traditional asset management fees.An incentive scheme where management share on the good ones and not the bad ones is extraordinary on such venture companies and is highly ill advised.. encourages higher risk taking imo as they have no exposure to to failure.Needs a proper shake up and a sustainable structure that at least would allow shareholders to benefit from an orderly liquidation of remaining assets.Unfortunately the discount to stated assets evidences the markets view of current management being able to deliver.See what the results bring but if there is no short term catalyst demonstrating the board's intent and ability to deliver on the underlying value then the board needs to be challenged.
kooba
01/4/2019
11:24
when will Woodford be a forced seller - maybe he already is...Crystal amber might take the lot of him and get some real leverage....hopefully
catscats
01/4/2019
10:49
Twice as many buys as sells and yet we are down 7%. Isn't life great being a shareholder in ALM?
investordave
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