Alphawave Ip Share Discussion Threads

[the lockkeeper] 19/5/2022 00:35

That revenue I think will be at too high a price, particularly if it alienates the American and European markets, think Huwawei

[davidro77] 18/5/2022 17:36

As a shareholder you need that deal to go through as it will bring in new 'real' revenue to offset the concerns raised about circular wisewave rev.

[the lockkeeper] 18/5/2022 14:27

Never did like the Chinese aspect.Even as a shareholder I hope the Yanks pull the plug on Open5 deal

[ken chung] 18/5/2022 13:52

Rubio, Colleagues Urge CFIUS Review of Alphawave Acquisition of U.S. Semiconductor IP CompanyApr 28 2022Washington, D.C.U.S. Senators Marco Rubio (Râ€"FL), Todd Young (R-IN), Tom Cotton (R-AR), Josh Hawley (R-MO), and John Cornyn (R-TX) sent a letter to U.S. Department of the Treasury Secretary Janet Yellen regarding Chinese-funded Alphawave IP Group's intent to acquire U.S.-based semiconductor IP developer OpenFive. Alphawave, which touts its extensive business in China, is backed by Wise Road Capital, a Beijing-based private equity firm propped up by the Chinese Communist Party. The senators urged the Treasury Department to conduct a Committee on Foreign Investment in the U.S. (CFIUS) review of the OpenFive acquisition.The OpenFive acquisition would nearly double the number of connectivity-focused IPs available to Alphawave customers, as well as accelerate Alphawave's roadmap for advanced connectivity solutions,â€? the senators wrote. “[I]t would also risk undermining U.S. trade and export policies given the strong possibility that Alphawave would redeploy OpenFive’s IP outside the U.S. That would mean furnishing Chinese as semiconductor companies with advanced IP developed through U.S. technology, thus enabling the CCP to develop next-generation products in advanced semiconductor processes. Such an effort would impact U.S. national security interests, particularly given Alphawave’s continued access to U.S. technologies, as well as its use of joint domiciles outside the U.S. and beyond the jurisdiction of American export controls.â€?The full text of the letter is below.

[ken chung] 18/5/2022 13:49

https://twitter.com/bondhack/status/1519982713494773761?s=21&t=hKsz7i7NOUUc33a6NPPBEwThe Author of the FT piece has a thread going. Bear points:- $48.5m of their $89.9m revenue came from related parties.- Alphawave put $22m into its China JV (now dubbed WiseWave) last year to get the $30m of revenue back from it. alphawave invested into founding WiseWave, and then WiseWave puts that money back into alphawave as "revenue". It's just musical chairs with their own money, no real revenue.- Marco Rubio calling for Cfius review of its latest acquisition due to the Chinese links - Possible slowing non china growth as posted below.

[davidro77] 18/5/2022 11:11

OpenFive will be good if they allow it to go ahead. Will dilute the concern over circular revenue from wisewave. Can't help wondering if there is a potential read across from the autonomy scandal in that regard. On the surface what they are doing with the china JV has similar overtones?https://www.telegraph.co.uk/business/2022/05/17/darktrace-executive-part-clique-behind-britains-biggest-ever/"Autonomy was "buying its own revenue" from resellers it had corrupted during the years 2009-2011, the High Court said, fleshing out preliminary findings first made public in January ."

[davidro77] 17/5/2022 23:22

Back to the post disastrous delayed results announcement price, after such a rollercoaster. But surely needs to be back at 1.90 before can even start to think about a recovery

[lawson27] 17/5/2022 16:35

nice finish, happy days!

[mbdx7em21] 17/5/2022 14:25

highly attractive entry point imo

[lawson27] 17/5/2022 13:01

great to see it break 150, hope it can hold and see an assault back to 180s for starters, GLA

[gregmorg] 13/5/2022 16:09

T'is a lot of stock.

All I can think is the Openfive deal , as and when completed in the 3rd or 4th quarter, and assuming it goes through, adds another dimension and gives the company a real boost in 2023 revenues. talking $325 TO 360M even without Wiseway's numbers as I read the presentation.
However looked at, its nice to see these purchases.

[cupra kid] 13/5/2022 15:51

It certainly instills some confidence and under pins the current share price They can't buy ahead of sensitive data mind so could be sideways for a few months.

[mbdx7em21] 13/5/2022 15:19

GBP1.2136 500,000
GBP1.3121 2,500,000
GBP1.4616 626,480
GBP1.3698 1,282,838

that's some buying

[mbdx7em21] 13/5/2022 15:16

Sehat Sutardja buying big again

[welshwiz] 13/5/2022 03:31

12 month anniversary of AWE I.p.o at £4.10 today.
Will it be a happy birthday?

[welshwiz] 12/5/2022 18:11

Even more today

[gregmorg] 11/5/2022 18:22

An even bigger chunk of cash from directors i.e. over 2.5m shares at 131.92p. That should add to investor confidence although at times I wonder what really would do that!.

[davidro77] 11/5/2022 16:51

Goodness, two blue days back to back! Feels like a win even though that only takes it back to the price after the results communication shambles

[lawson27] 11/5/2022 13:50

great to see a vote of confidence from directors with a chunk of cash. GLA

[gregmorg] 10/5/2022 17:51

Noted from a post above that the company is seeking an authority to buy back shares and has sought and, in the context of the directors and founders, obtained a waiver from the takeover Panel re making/having to make a bid for the whole company.
To quote.
"It is noted that the Company already has, and since its IPO has had, the benefit of authorities equivalent to the Buyback Authority and Rule 9 Waiver Resolution, as documented in paragraph 21 of Part XIX of the IPO Prospectus.

What is beings ought in the Buyback Authority and the Rule 9 Waiver Resolution is essentially a renewal of those existing authorities. It is noted that the Company already has, and since its IPO has had, the benefit of authorities equivalent to the Buyback"

Obviously, unutilised last year but it is an instrument that could be used at some stage, as I understand it.

[zam1] 10/5/2022 17:43

Interesting director bought 500000 shares at £1.21 yesterday and today announcement AWE opens new offices in USA.

[ih_676530] 10/5/2022 14:50

10th May 2022

Alphawaveip launches US Presence with New Silicon Valley Office

Alphawave's new Silicon Valley office follows the company's 2021 annual earnings report with over 225% year-on-year growth and its agreement to acquire OpenFive.

hxxps://www.benzinga.com/pressreleases/22/05/n27108563/alphawave-launches-us-presence-with-new-silicon-valley-office