Alphawave Ip Share Discussion Threads

[scepticalinvestor] 21/9/2021 14:36

below the IPO price. hmmm ok, congrats.will be 500p in a few weeks

[prince7652] 21/9/2021 13:54

Sold banked gain

[jtdk] 21/9/2021 13:35

HOLD HOLD HOLD

[74tom] 21/9/2021 11:50

We have risen nearly 20% on just 800k of shares traded. Carmignac & Naya are short 16m shares between them. If they even closed 25% of their positions the impact would be very significant IMO. They are short something like 10% of the free float (assuming a ~25% free float vs 2.46% short interest).

[michaelfox] 21/9/2021 11:36

Congrats to the guy/gal that said they were in deep over the past days! I’m guessing your success is Carmignac’s loss. More to come I reckon…

[michaelfox] 21/9/2021 11:33

I really like this quote from the exec chair today. I did wonder how the company would fair with the shortage.

He said shortages in the semiconductor sector was more of an opportunity than a headwind, largely because the licences Alphawave were selling were for technology that would not go into production for several years.

"As a result of chip shortages, more countries and more companies are investing in new foundries," he said. "This investment in new foundry capacity is an opportunity for us."

[someuwin] 21/9/2021 10:35

Very interesting company. Has the potential to be huge. And can still buy below IPO price.

[74tom] 21/9/2021 10:16

Very interesting call. It'll be fascinating to see what Carmignac & Naya do with their short positions going forwards... The tell tale sign will be whether there is another short attack later this week once volume has normalised, if on the other hand they start closing then look out above!

[scepticalinvestor] 21/9/2021 09:26

Yes, the shorts will have to close - poor old frogs must now be deep underwater

[the big fella] 21/9/2021 09:17

I was delighted by the results and especially the outlook. Given the wider market nerves the positive reaction is most welcome. Hopefully we will get a nice short squeeze.

[scepticalinvestor] 21/9/2021 09:05

LOL what a plank! Enjoy your losses, dude

[jas0701] 21/9/2021 09:05

Are the shorters closing

[montynj] 21/9/2021 09:03

The Chinese desperately need chips just like anyone...furthermore, this is a non USA company so American politics doesn't come into play

[74tom] 21/9/2021 08:49

"Alphawave IP delivered strong half year results with bookings of US$196.1m, an increase of 492% from H1 2020, including US$147.8m of bookings for recurring revenue subscription licences from Verisilicon and CPP."

This surprised me. 75% of bookings from within China. Did anyone else expect this ratio? Given the current political climate, that could be what the shorters are looking at? The risk would be that bookings don't convert into revenue. Certainly something to watch closely.

[montynj] 21/9/2021 08:36

Enjoy the sidelines...I'm fully in

[andyview] 21/9/2021 08:18

They read well but I do get the feeling there’s more a play here? I might be wrong but have decided to remove myself to the sidelines.

Gla

[scepticalinvestor] 21/9/2021 07:49

Yes, the outstanding growth is key. I assume the frogs are short due to the LSE listing, Naya seem to be a lot more canny and may already have started to reduce / close their pos.

[74tom] 21/9/2021 07:44

Great maiden results. The outlook is sensational, they have incredible gross margins (95.1%) and are already consistently profitable. Once the revenue from the 460% increase in bookings in H121 is realised then profitability will increase dramatically.

For me, this company should be worth at least as much as Darktrace, which would value the shares at £9.08 each.

"Five of the top eight global semiconductor companies are now using Alphawave technology" This should give them significant strategic value by itself...

Can anyone please provide a rational explanation as to why Carmignac Gestion and Naya Capital are should ~£57m of shares at this moment in time?!

[scepticalinvestor] 21/9/2021 07:39

Exactly! Shorts will need to close pretty sharpish I would think

[jtdk] 21/9/2021 07:34

Hold for as long as you can

[scepticalinvestor] 21/9/2021 07:29

for the avoidance of doubt these were expected of course! IP etc..The phenomenal growth is what the mkt will be focusing on

[scepticalinvestor] 21/9/2021 07:17

Large one off costs and slight reduction in margin but looks good - esp the guidamce upgrade

[jtdk] 20/9/2021 17:39

564 thousand trade 349.42 on lse

[scepticalinvestor] 20/9/2021 17:33

I am balls in here now, thankfully still in profit. Fingers crossed for decent results!

[74tom] 20/9/2021 16:56

Really looking forward to tomorrow, time to get some more meat on the bones…