Alphawave Ip Share Discussion Threads

[staffchief] 23/10/2021 23:15

I am quite puzzled why shorters are doing short selling now. In theory, short stock trades occur because sellers believe a stock's price is headed downward but is 250p not already low enough? One option for shorters may be that they wait until the price is high enough then start to sell then buy back when the price is down again

[ny boy] 23/10/2021 17:45

They will be toast soon

[staffchief] 23/10/2021 11:29

One of the Shorters increased its position again. The shorting position intended in total now stands at 2.96%

[ny boy] 22/10/2021 21:34

Nice bounce off 250p area, can’t keep this one depressed for long, patience required imo

[fuji99] 22/10/2021 15:29

For information: -
Alphawave won a contract with CPP worth $109m over 5 years to AWE - AWE decided this is a good route into the Chinese market and decided to invest $170m in CPP, therefore now owning a proportion of the Chinese firm - AWE will now receive monies for services provided to CPP and a measure of profits CPP make as AWE now own a share of CPP (Win,Win right??). Wise Road Capital also see the potential in CPP and invested $230m in them - this surely validates AWEs decision to do so, as Wise Road also think there are profits to be made...

[fuji99] 22/10/2021 10:48

2 millions shares purchased: 09:20:27 252.10 1,000,000 2,521,000.00 O
09:20:17 252.10 1,000,000 2,521,000.00 O

[gregmorg] 22/10/2021 10:10

Maybe but that has no bearing on yesterday's volume that I can see. Yes one did increase its position but another reduced its position by more! Shorting activities really will come out in the wash in due course as the company delivers on its activities. Even Elon Musk had his shorters ! Just struck me as quite heavy volume in relation to anything seen in recent time. Pure interest rather than reading anything particular into it.

[staffchief] 22/10/2021 06:34

One shorter increased its shorting again on 20/Oct. bloody shorters!

[gregmorg] 21/10/2021 19:39

Any idea’s

[gregmorg] 21/10/2021 18:35

Interesting volume today.

[ny boy] 21/10/2021 15:52

Had a few more this afternoon, all mine tucked away for a few years to allow the Company to grow

[mustau] 21/10/2021 12:50

Are they not the house brokers?
Shorts have this for now, another 5p drop and it’s red for me!!

[fuji99] 21/10/2021 12:34

Overweight for Barclays: 500p target over next 8-12 months.

[...]

[staffchief] 21/10/2021 09:55

So far today 1.6m shares sold but only 80k bought. So the shorters are clearly in action

[staffchief] 21/10/2021 09:40

I thought the shorters would wait for a higher share price then start shorting but they started from 255p. Indeed what they need is the delta and don’t care where to start

[fuji99] 20/10/2021 15:17

Alphawave IP Group reports strong quarterly bookings as demand rises
Wed, 20th Oct 2021 10:55
(Alliance News) - Alphawave IP Group PLC on Wednesday reported "strong" third quarter, with new client wins and improved demand in North America and South Korea.

The London and Toronto-based connectivity platform provider said total annual bookings to date exceeded USD219 million, with a robust pipeline for further bookings in the final quarter of 2021.Bookings in the third quarter alone totalled USD23.2 million and were driven by four new customer wins, the company noted.

"As we outlined at our half year results in September, we have seen strong growth in our pipeline particularly in North America and South Korea," said President & Chief Executive Tony Pialis.

"We are driving greater diversification across customers and geographies, while demonstrating our continuedtechnology leadership in the most advanced process technologies," added Executive Chair John Lofton.

Alphawave IP Group shares were trading 0.9% lower in London on Wednesday morning at 262.64 pence each.

In addition, the company said it has achieved an acceleration of end customer wins in China through its reseller agreement with silicon platform-as-a-service company VeriSilicon Microelectronics (Shanghai) Co Ltd.

In the third quarter, Alphawave IP Group said two end customers in China licensed its technology through this agreement, with a total transaction value of USD3.9 million, excluding potential future royalties. The revenue from these China customer wins are not included within the total bookings figure of USD219 million, the company noted.The update on VeriSilicon comes as the article in the Financial Times at the end of September asserted that Alphawave IP Group had not "adequately disclosed its related party transactions". Alphawave IP Group said at the rime that it signed a USD54 million multi-year exclusive subscription reseller agreement with VeriSilicon in February, prior to its London float, and has not recognised any revenue from that deal to date.

Alphawave IP Group shares were trading 2.1% lower in London on Wednesday at 259.40 pence each.

By Evelina Grecenko; [e-mail]

Copyright 2021 Alliance News Limited. All Rights Reserved.

[scepticalinvestor] 20/10/2021 15:03

Back to 185?

[ny boy] 20/10/2021 13:53

No reaction yet, wait for US markets to open

[deltalo] 20/10/2021 12:35

SP building towards conference call at 1pm. With the news today we should be above £300p,

[ny boy] 20/10/2021 11:17

Let’s see if we get the opportunity to add any cheaper

[fuji99] 20/10/2021 10:24

Agree gregmorg. Only the results and the performance we are witnessing will keep doing the talking. All the rest is just hot air. Hold, top up or whatever, step back, be patient and let the company prosper.

[gregmorg] 20/10/2021 09:44

oddly enough the FT statistics show the short activity is in the low category within their low, medium and high sections! Yet providing the company delivers on its own targets and investors expectations then the medium term result should be very good irrespective of who is long or short.

[amichalskiuk] 20/10/2021 09:19

Price now actually lower! I can only think shorter have increased positions rather than decreased as I hoped.

[fuji99] 20/10/2021 08:32

The share price action usually happens in the afternoon when the US/Canada open. For now shorters have to leave in an orderly manner.