Allied Minds Share Discussion Threads

[petersw1] 21/7/2021 13:03

Looking though RNSs for CRS holdings I see:

Date thres. crossed____ Percent voting rights____ Number of voting rights
25/03/2020___________ 22.6 ________________54,605,066
01/07/2020___________18.21________________44,089,849
22/10/2020___________17.84________________43,189,849
31/03/2021___________18.27________________44,247,647
13/07/2021___________18.56________________44,708,770

So yes, they have less than they had in March last year, but have been adding to their position since October.

Though, I take it I'm missing the CFD data?

Right I see now, we need to refer to CRS's NAV releases to see the amount including the CFDs.
But they haven't put one out yet for the end of June. So we can only guess at the CFD position.
Or is there another source of info?

[spectoacc] 21/7/2021 08:51

Perhaps trying to hide the fact they sold some - certainly isn't easy to work out from the RNS's, which would imply they'd bought.

But they haven't - they owned c.20.9% of ALM across shares & CFD, now they have c.18.6%, and that's despite small buybacks reducing shares in issue.

1.75m went through on 13th July, that'll be the trade. Too small to find out who took it.

[casholaa] 21/7/2021 08:47

Indeed, my error.

[casholaa] 21/7/2021 08:02

Check out rns

[buffettjnr] 20/7/2021 07:44

Agreed Sceptical

[scepticalinvestor] 20/7/2021 07:35

This company is a great example of failure. Mcap was what 25 times the current on listing? Previous (and perhaps current?) BOD should be barred from being Directors for this lvl of incompetence. Poor holders

[kooba] 16/7/2021 09:20

Since AM did not support Ocuterra fundraise and had effectively written it off company are probably lucky to still have a holding of some value ..pretty sure won't be represented there either.So with spin insolvent ..only board position is on Federated, with just one director now it seems.This does not appear that hands on !

[kooba] 16/7/2021 09:16

Yes somewhat short in detail but it is something commented on by intel blog so not company puffing ...in fact company said nothing and Allied Minds certainly say nothing.Not getting reply from BridgeComm or Allied Minds as to why no AM director on the board of BridgeComm a company AM has Majority holding in and specifically said they would be represented on.

[spectoacc] 16/7/2021 08:54

That Intel one possibly unkindly reminds me of the "Agreement with Microsoft" RNS's of the early tech boom. Some t'uppence AIM co, that had recently added .com to its name and gone up 5-fold, would double again on the Microsoft agreement RNS.

When you read more closely, what they'd actually done was bought a couple of Windows PCs. The "agreement" was the OS for WIN98.

[kooba] 16/7/2021 06:56

More on Orbital Sidekick from ceohttps://cheddar.com/media/orbital-sidekickss-aurora-satellite-puts-technology-toward-a-sustainable-future

[kooba] 16/7/2021 06:54

Orbital Sidekick...satellite launch.https://twitter.com/orbitalsidekick/status/1415773386354143232?s=21

[kooba] 16/7/2021 06:49

Link from Federated Wireless twitter feed"We're joining forces with industry leaders such as systems integrators and managed service providers to define, test, and deploy private network solutions. I'm excited to share that we signed an agreement with Federated Wireless, a network infrastructure managed service provider and leader in Citizens Broadband Radio Service (CBRS) private networks. As part of our technology collaboration, Federated Wireless plans to utilize Intel® Smart Edge to pursue private network trials in the education vertical and more, giving end-users reliable access to high-quality connectivity."INTEL POWERS PRIVATE NETWORKS, MARKET TO REACH $5.7B IN 2024https://blogs.intel.com/technology/?p=5117Sent from my iPad

[casholaa] 06/7/2021 19:09

I can't make head or tail of how well things are going. I hope the liquidation is on the open market so as to get the best price. I also think that it should have been IPO'd, the website alludes to a '$100bn' market.

[spectoacc] 30/6/2021 10:54

Thanks @petersw1. The fact they're all the same size is odd - leaning towards it being 1x 5,461,123, still a decent size.

[petersw1] 30/6/2021 09:39

SharePad is showing one at 15:01:50 as deleted.
Then two at 15:32 and one at 17:30

[spectoacc] 30/6/2021 06:56

CRS or Invesco is my guess. Doubt Saba are shorting more.

ADVFN have reported 5,461,123 five times - two at different times in the day, 3 all together after-hours. Anyone got accurate trades? Proquote has only one single 5,460,000 (but they tend to round it, & not do so well after-hours).

[bobonumber1] 29/6/2021 23:54

Possible Saba capital ?

[bobonumber1] 29/6/2021 23:52

Yes you are right

[petersw1] 29/6/2021 23:49

3 x 5,461,123 shares at 21p, total value £3,440,507.49 or ~ $4,762,694.52
The total buy back program is $3 million.
So no definitely wasn't the buyback.

Those 3 transactions are equal to 6.8% of the shares in issue.
I suppose we should expect an "Holding(s) in Company" RNS soon.

[bobonumber1] 29/6/2021 20:03

I suspect buyback

[kooba] 29/6/2021 19:49

Lots of volume ..something afoot? Certainly not the buyback ..it's too small !

[kooba] 25/6/2021 15:52

I'm not sure that is their game ..they see a discount they try to lock it in and force liquidation ..not then caring where the liquidation takes place. They don't seem to take views on underlying holding if they can hedge they hedge, they are just try to take the discount out. Seems to work well for them. If CRS has a big result somewhere or tenders and takes SABA out then they may continue as a smaller operation. Bit of time to come up with a plan though I guess. Be a good day today with a few coppers on the nav I guess.

[spectoacc] 25/6/2021 14:41

If SABA had seen value in ALM, they wouldn't have been shorting it vs the CRS stake.

[buffettjnr] 25/6/2021 12:54

It would indeed Kooba. It would indeed.