Alphawave Ip Share Discussion Threads

[someuwin] 28/2/2023 08:53

From last week:

Barclays starts Alphawave with 'overweight' - price target 160 pence

[albert arthur] 27/2/2023 16:44

AKO short closed.

[lawson27] 27/2/2023 15:31

Lets hope thats the selling done and see this one breach and close above 94, GLA

[dividevil] 27/2/2023 12:30

Some of you might wonder how on earth I knew Blackrock's position was now 4.99% before the RNS issued just now. I got the data from Simply WallSt website which shows they reported crossing 5% threshold on 21st Feb. I guess the data reporting systems used by Simply WallSt are a little ahead of the process of reporting the same information to the Exchange. I see Sehat is at it again. He's got until 29th March at which point he will have to zip up his pockets for awhile.

[someuwin] 27/2/2023 08:22

I watched the Capital Markets Day presentation last night. Hugely impressive. Will be building a big position here.

[scepticalinvestor] 27/2/2023 07:58

Dibs on the 70s today?

[susiebe] 26/2/2023 22:51

You said 40p the other day.I would filter but you're quite amusing.Even novice investors would see straight through you.

[dividevil] 26/2/2023 20:12

Thanks Boozey.

Copied from Rosalind’s profile on Simply WallSt.

She is a telecoms executive with experience in the sector. She is the CEO of Spring Fibre and previously was Managing Director of UK Broadband from 2017 to 2019. She has previously held senior roles at BT Openreach, Cable and Wireless, Vodafone, various VNOs, and other international operators from start-ups to incumbents. She is also Chair of the UK5G Advisory Board which advises Government on developing the 5G ecosystem and a member of Ofcom’s Spectrum Advisory Board. For the last five years she has been an active angel investor with a primary focus on technology businesses with a female founder and is a member of the Angel Academe Advisory Board.

[dividevil] 26/2/2023 19:27

I've been taking a closer look at recent institutional transactions on AWE.
Among the top 17 institutional holders in roughly the last six months:
6 institutions have disposed of approximately 51.2 million shares,
and 9 have acquired approximately 37.1 million shares between them.

Biggest sellers have been Blackrock (14 million) and Wise Road Capital (31.7 million).
Biggest buyers have been Artisan (12.6 million), Capital Research (8.6 million) and Fidelity (5 million). Fidelity may well have bought significantly more in the last six months as I can only see their activity since 13th February. Fidelity are now the largest institutional holders with 5.72% as per Friday's RNS.

There are now currently only two short positions above 0.5%,
AKO Capital with 0.66% (last reported 11 October) and
Kuvari Partners with 0.59% (last reported 28 October).
At one time (in 2021) there were about 5 or 6 with a combined short position of around 5%.

Between October and February there have 5.96 million shares purchased by directors. mostly by Sehat.

The 6 institutions that have been selling still hold approximately 10% between them (72.1 million shares). Blackrock last reported 4.99% on 21 Feb. The others last reported on 3rd January. Kabouter and Wise Road were at approximately 2% each. It's possible that they have since completely relinquished their holdings. Difficult to know. It may not be too long now before we start to see an upward trend. Depends on Blackrock's intentions. They may have just sought to reduce to less than 5% or could be still looking to relinquish completely.

Alphawave should go into their closed period in about 3 weeks time.
Results should be in line with what they reported at their Capital Markets Day Presentation, with possibly a little bit more revenue and profit than expected.
With the recent Banias Labs acquisition AWE now have a net debt of about 35 million USD but with a healthy balance sheet and growing revenues etc.
I calculated the P/S ratio to now be about 2.1 (lowered due to the instant revenue coming from the OpenFive acquisition).

[scepticalinvestor] 25/2/2023 10:30

30p this week?

[m w] 25/2/2023 10:26

Fidelity now holding 5.6% correct me if I'm wrong which begs the question who is selling

[casholaa] 24/2/2023 15:50

Ahhh okay, US hegemony & China/Russia.

[stallone10] 24/2/2023 15:44

Look it up

[lawson27] 24/2/2023 14:45

If in fact it is the FT article causing broad market sentiment, then i think it's created a huge opportunity here as clearly recognised by the directors, who is chucking in millions here don't forget, this is not his pocket change!

[casholaa] 24/2/2023 14:40

What FT piece, I think I missed it. Are they predicting payments in rice and peas?

[stallone10] 24/2/2023 14:30

That FT piece really hit them

[lawson27] 24/2/2023 14:02

Looks like he's at it again today 4.6 mln buy @11.24 am, looking at the volume, 4 x normal already

[lawson27] 24/2/2023 13:32

relentless director buys here!
Just wish i knew what they know?
Simply Wall St did an article yesterday noting the insider buys.
i'm already in with both feet, tempted to go in over me wellies

[stokepa31] 22/2/2023 10:23

Market sentiment on tech stock would be my guess. Macro has been ignored by the markets. Reality is starting to happen. Hopefully fundamentals of this stock will shine through. Ill buy it all the way down so dont really care what happens in the short ro medium term.

[casholaa] 22/2/2023 10:12

Potato shortage, I think.

[highly geared] 22/2/2023 10:10

New to this share. What’s causing the decline on the backdrop of repeated director purchases of size. Thanks in advance.

[f56] 21/2/2023 20:55

The Chinese pull out together with the geopolitical problems is an obvious concern.

[stallone10] 21/2/2023 11:49

That article from FT is haunting this share

[lawson27] 20/2/2023 12:04

Director dipping in again!!!!! i reckon he's selling off the family jewels for this one!:-)
Surely you dont load up this much, unless you know something is imminent do you?
GLA