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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
  -0.30 -1.33% 22.20 22.10 23.00 22.20 22.20 22.20 307,254 08:00:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.5 -55.5 -22.0 - 54

Allied Minds Share Discussion Threads

Showing 6701 to 6725 of 7325 messages
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DateSubjectAuthorDiscuss
31/12/2019
09:03
Always nice to see it going up, but is barely trading & Invesco no doubt off for Xmas. Still - early part of 2020 should see some decent movement with the cash return. And any movement on more disposals could really shift ALM in 2020, hopefully much nearer to NAV.
spectoacc
24/12/2019
09:19
And weak sterling moving the NAV
buffettjnr
24/12/2019
08:56
Thin market, guessing has had a mention somewhere. Would certainly be one of my "tips for 2020", both the capital return sometime in the new year, and the prospect of more exits to come.
spectoacc
11/12/2019
10:42
@flyfisher - on that, I agree. Guessing CRS had to do some horse-trading to get what they wanted and avoid an EGM - which they may not even have been successful at. The "..Total invested in the technology portfolio.." is surely a nonsense, it should be total wasted - ie the amount in, plus the costs, ie shareholders' funds. The $400m losses may include write-downs to previous write-ups, accounting losses etc. But the logic of "only a payout once a cash profit has been made" would stand, it doesn't even have an "after inflation" or "in excess of the S&P" proviso. We must be halfway to that $109m already.
spectoacc
11/12/2019
10:39
It does not look good. Expecting the overhang to continue for a few months yet. Shame as hold a few but thankfully sold 3/4 in the 50s. Not a chance I'll be buying those shoes back cheaper.. its a dog of a share.
swinsco
11/12/2019
10:26
''No further allocations under the Phantom Plan will be made until gross proceeds from future portfolio company liquidity events exceed an invested capital threshold. Initially, this threshold equates to $109 million, representing the total invested capital in the technology portfolio to date.'' Conveniently ignores losses to date in excess of $400m. This restructuring does not go far enough.
flyfisher
11/12/2019
09:09
Positive news, chairman going next june (cheaper than severance), but it does not resolve the stock overhang from invesco.
flyfisher
11/12/2019
08:52
Larger, sooner, and proper removal of the Phantom. But good on CRS, credit where it's due.
spectoacc
11/12/2019
08:42
Yes it's mostly pleasing. I would have liked to see a larger payout still to the shareholders
alasdair100new
11/12/2019
08:07
A very pleasing RNS, thanks to Crystal Amber. Slight increase in planned cash return ("Early Q1 2020", still don't see why can't be sooner), decent reduction in costs, removal of one of the co-CEOs, former LEAF guy on to the Board, revisions to the Phantom Plan (which shouldn't be there in the first place IMO).
spectoacc
10/12/2019
10:44
30s coming soon. To much stock around and no buyers. News has no effect on this dog. Shame.
swinsco
09/12/2019
09:08
@flyfisher - agree on Point 2, and interesting that Mr Bernstein didn't reply to me on that specific point. How can ALM still not have RNS'd that they've had an EGM requisition?
spectoacc
09/12/2019
09:00
Specto, your comment ''I'd want to know why they say the existing Board can still be employed'' 1. They will need a couple of non execs to sit on the board of the portfolio companies. 2. They want them to walk rather than be pushed out, it is less expensive.
flyfisher
09/12/2019
08:36
Or buy federateds Woodford holding
bobonumber1
09/12/2019
08:35
As they have the cash, I wonder if they are in discussions to buy in the Invesco holding, at an appropriate discount.
flyfisher
06/12/2019
08:43
CRS has been busy I'm sure losing money on everything else.
buffettjnr
06/12/2019
08:28
No news on the XD, no news on the requisitioned EGM - starting to feel suspicious.
spectoacc
06/12/2019
08:09
What a dog this share is. Ramped by Barontrading should have been the warning.
swinsco
30/11/2019
17:13
Definitely time to change it.
buffettjnr
30/11/2019
16:42
The phantom bonus scheme was seemingly renewed in june this year, despite crystal amber objections, and despite the enormous losses to date. Any credible board would have not renewed it or changed it to an aggregate gains scheme. Now having paid themselves 4.9m, they are prepared to listen to major shareholders, but only after further pressure from CRS. I have no trust that this board of directors is acting in the interest of the business owners.
flyfisher
30/11/2019
12:33
Not saying they get every call right but then who does? (They did well with LEAF and OCDO recently and DLAR haven't made the changes they're demanding yet either.)
nigwit
30/11/2019
11:38
They also have DLAR, but point taken.
spectoacc
30/11/2019
11:16
Just to clarify since I've met and had discussions with Richard Bernstein and other Crystal Amber folk. They're not a hedge fund but ethical long term investors who look for value investments and have no time for bad management. Whilst they're not adverse to a quick profit they're generally patient and supportive. They don't short. They invested in ALM since they saw potential for gains by activating for an efficient realisation of it's assets helped by removing the dreadful incumbent management. They'll have thought this through carefully and will have been having many discussions we're not party too. If they get the changes they seek they'll support the new management long term. Their record is pretty good. Bernstein is generally admired for his successful charity works. Such as this hTTps://www.thirdsector.co.uk/business-charity-champion-richard-bernstein/article/1014468 They'll have good intentions and a well-worked out plan.
nigwit
29/11/2019
11:38
From the Hawkeye disposal circular after confirming the $4.9m bonus under Phantom Scheme.Not sure if the "expected" change has actually been implemented."The Company has discussed the Phantom Plan with its major shareholders and the Company's current and former employees with entitlements under the Phantom Plan. Following these discussions, it is expected that the existing provisions of the Phantom Plan will be amended or terminated and new arrangements will be put in place to better align with the Company's new strategy. It is not expected that any further payments, beyond the payment described above, will be made under the Phantom Plan before these changes are implemented."
kooba
29/11/2019
11:30
Ought to check out LEAF ..where Lerdal has overseen wind up, Coe non exec.From CA.The Fund invested £13.0 million in Leaf Clean. By the year end, it had received £7.8 million from the 2015 special dividend and the 2018 capital return. In August 2019, it received £13.4 million from the latest capital return.The value of the Fund's holding at the end of August 2019 was £4.5 million.The Fund is pleased that its intensive engagement with Leaf Clean and subsequent strategic support has delivered an excellent outcome for Leaf Clean's shareholders.https://storage.googleapis.com/crystalamber-com.appspot.com/_downloads/FINALCrystalAmberAnnualReport.pdfReason this took a while was to pursue highly successful court case in the US. There may be legal questions with Allied Minds as to the fiduciary duty of the management which has overseen such wholesale destruction in shareholder value.. but the bulk of the assets I believe should be easier to monetise.
kooba
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