There could be an AGM Statement tomorrow, there has been one for the last 2 years. Depends if there's anything new to say. |
Last year a trading update was given together with the AGM statement only less than 2 months after the full results.
Not sure if that will be repeated this year. |
Bit premature. Only just had Finals a Month late |
Should be trading update time soon going by last year. |
The Chairman investing in The Compnies shares, always is good sign for the future. Well done Mark H . |
Stonegate Capital Partners initiates coverage in the US. Similar operations to other paid analysts/private investor sources, not really independent, but a pretty solid story to tell anyway. Interesting timing before the Xmas shutdown, thought they would have stated a few weeks ago. They do tend to focus on the low caps in the fringe markets but have put a few into Nasdaq. Let's see what happens. Maybe a placement.https://finance.yahoo.com/news/stonegate-capital-partners-initiates-coverage-212000524.html |
Val I have been involved in these discussions between brokers and management more than a few times when things went belly up on a placement, which should have been an easy win. Their clients relationships outlive one AIM stock. |
refreshing yump, lol. Bet he does'nt earn as much as Walter either. liking the story here. |
Ducatiman O/T
I imagine you might need a stiff drink after the shock of directors buying -we’re not used to that are we? ;-) |
Val. correct, they buy to make capital gains for themselves. |
peterr3 - we got the nod at the investor presentation that we shouldn't be surprised if we saw some director purchases. But the idea that directors are under pressure from brokers or anyone else to buy shares is for the birds. Directors are free agents and if they are there trying to 'rescue the share price' by buying shares then they shouldn't be in the job. |
I don’t think you will be seeing this price again as the main Directors are moping up Stock at a ridiculousy low price . If you throw in a few large contract wins in the next year and they will begin to motor. There some bumps along the road but knowing the nature of the Semi conductor sector they take off |
I don't think they really need to pick up any, I think this is more like taking one for the team under pressure from the brokers from clients under water. |
The going concern boilerplate the auditors insisted on has clearly worked to their advantage, allowing them to pick up shares more cheaply!
Notice we didn't get the same message on going concern last year despite the company subsequently having to go to the market twice for funds and with the company this year in a better position with all the deals announced in the last 12 months. In other words, the going concern message was inconsistent and therefore not very useful. |
taking advantage of the drop post results statements, lol. |
More director buys tells you everything you need to know |
Another director buy. They must be confident. |
The smart ring market is expanding and this is another high growth area that uses Ensilicas Asics technology.Wondering if the next 2 by end of year contract wins might be to do with these.Samsung also in the smart ring businesshtTPS://www.cnbc.com/2024/11/14/oura-plans-international-expansion-tests-nutrition-and-ai-features.html |
Definitely in the right place at the right time and with two more contracts expected before year end the funding worries will melt away
Ensilica ,making innovative Asics with optical switching tech is set to disrupt high performance computing by cutting energy costs and boosting speed. Co is well positioned to capitalize on the booming AI and data centre markets.
150% upside is the average broker price target |
Really thin trade, let's just see if it holds. |
There are also official closed periods. At any other time companies may be in negotiation or bidding for all sorts but until something is signed, there’s no obligation to RNS. If there was, it would be unmanageable. |
peterrr3, I think you'll find that on AIM they pretty much do as they please. They cant really trade though so any director purchase is a long term hold. |
... or about to be and someone knows in advance. What we do know is that there was no sinificant inside news known to the board yesterday.
PS/edit: Had not read similar conclusion already stated above. |
When they are buying it is good but it means no blackout so no additional news is coming soon that they are aware of. |