This does actually look like a very significant achievement;
hxxps://www.pulsiv.com/news-press/pulsiv-achieves-a-worlds-first-240w-usb-c-design |
It’s really turning sour this latest handout on top of a disastrous year for shareholders is a disgrace |
The BoD are starting to upset larger shareholders. At yesterday’s AGM, over 18% voted against the resolution to approve directors remuneration. You very rarely see that sort of level of dissatisfaction. |
Yup nnice work if you can get it. I did not see any mention of what the specifics were in the AGM. |
So much expected and so little delivered this year on many fronts.I had an online conversation on two occasions in the first few months of the year with Pulsiv. In is words this year is going to be extremely exciting with some major news expected. It’s been a year of so little value enhancing news if this continues next year we will be in exactly the same position having gone through a further dilution and an even lower valuation. Delving deep in to the accounts with directors options and share transactions the ceo actually sold two lots of shares at a reasonable profit earlier in the year and was a added further options along with other board members also directors salary increased . Obviously none of this related to share performance no shock their |
Christmas greetings from Pulsiv
“ As 2024 comes to an end, we'd like to extend our very best wishes to you and your families over the Christmas & New Year period.
We have our sights set firmly on 2025 in what is going to be a hugely exciting and successful year for Pulsiv. Watch this space! ”
Let’s hope they deliver on the expectations. |
Another 125k dumped by the seller. |
Now able to buy below the 28p placing 27.90 |
Fieldwork Robotics is pleased to announce an investment from August One through their Atlantico II Fund. The fund’s aim is to ‘Invest in Good. For Good’, and it seeks to invest in technology-driven solutions that can create lasting value for communities and the planet.
Ross Hunter will also join the board of Fieldwork as Investor Director, bringing August One’s expertise and guidance as we continue to scale our operations and impact globally.
This funding will allow us to further expand our R&D capabilities in Portugal and grow our team on the ground in Oeiras. We have been working in Portugal for several years now and we are looking forward to further developing our presence in the region.
Fieldwork is on a mission to provide raspberry growers around the globe with innovative harvesting solutions and this funding milestone is a great step forward in our scale up progress. |
Ah you also thinking of George Bernard Shaw's play but also very true in modern business |
Yes I had extremely high hopes for this investment but has you have pointed out above lots of disappointment in what was expected and what been delivered. The Pulsiv lack of any significant sales news with all the worldwide distribution manufacturing partners in the electronics sector is totally baffling bizarre. I may of commented before but these major companies that have partnered may have done so to delay stall any take up of the technology it’s sounds crazy but I’ve seen it with a company in the states called global food technology originally |
Until we get some firm RNSable news, and without an institution buying in big, it's difficult to see us making any progress. The Alusid IPO this year ain’t happening. CamGraphics expected £21m cash raise this quarter is now in its last 3 weeks. Neil Crabb flagged up in that interview that shareholders were looking for news on Pulsiv customers soon. I remain hopeful they will pull a rather large rabbit from the hat before too long. |
Very subdued announcements given the opportunities on offer. Slightly frustrating the board are so cautious. However look what happened after the cautious valuations of exscentia… |
Ta re the above posts - I've picked up some more FIPP in the placing too.
At this share price, and given FIPP's high level of ownership in many of the investees, it will only take some good news from Pulsiv or one or two other companies being successful for the m/cap to be covered and more, let alone if a few succeed.
The latter seems much the more likely at present given the number of companies which have moved into the commercialisation and stage 4 phases of development. |
Neil Crabbs ProActive interview. |
Tipped in I/C by ST.
Of course, it is not ideal for Frontier IP to raise new equity at a 65 per cent discount to NAV, but equally it provides the headroom management need to deliver on portfolio realisations and working capital so that the business is not cash-constrained.
After the fundraising, the shares are rated at a 58 per cent discount to proforma NAV of 69.8p. For the share price discount to narrow significantly, shareholders will need to see realisations at close to carrying valuations. That seems highly likely. So, although the share price has been weak since the interim results (‘Exploit this investment company's 55% discount, 14 March 2024), I see recovery potential now that the company’s funding position is no longer an issue. Buy. |
If you look at things negatively one could argue frontier has only had one successful exit so far… however they’ve got a few more potential blockbusters in the tank. We’re not investing in a social enterprise to nurture U.K. startups and only cover our costs, which is what frontier upto now has been. Frontier is in a difficult business and I’m guessing they get their ‘free equity stakes’ are from the man hours they invest in the businesses, so I wouldn’t question their wage bill too much, seems quite reasonable compared to other aim companies. It does seem to be an interesting time for Frontier with much of their portfolio reaching maturity. Personally I’d argue from a national perspective these companies frontier invest in are the future lifeblood of our economy as a country, they shouldn’t really be relying on a tiny AIM company for their investment. Sure the government gives a steady stream of government grants to the portfolio and has increased the tax free incentives such as seis schemes. But they really do need to pull their finger out and get more capital flowing into early stage companies- good to see both political parties are focused on this with pension reforms to get life blood where it’s needed most to rejuvenate the economy. Let’s hope frontier start to see the effect of these future changes in the near term. |
Getting the placing out of the way is good news. Investors attention should now focus on how well the portfolio companies are progressing. Though I see one poster already flagging up potential need for further placing in a year. Get real, you wouldn’t want them raising enough for 3 years at these low levels. I agree that the wage bill seems very high at £2.4m plus pensions etc for 21 employees. Even the chair comments at how high the ratio of employees to portfolio companies is.
If we get an exit from Alusid next year that should cover another years costs. But these exits need to be better than just paying wages. Thankfully Pulsiv and CamGraphic feel close to an exit and should generate plenty.
Oakbloke has our Pulsiv stake at £10.3m but I think it’s &10.9m (17.9% of £61m recent funding value) and this is before we start seeing how well the product sells. We will hopefully find out before year out which major they’ve been working with. Then I think it’s February that Digikey will be selling the 65w usb-c adapters. Pulsiv also launched their 240w version at electronica fair last week, an event they described as hugely successful. These should on sale in a few months.
The Graph-x project website gives a lot more information as to what CamGraphic have been doing. As well as Nokia, Veoneer (now owned by Magna) have been a collaborator. They make car sensors and current technology is not fast enough to meet the needs for driverless cars. This is just one of many uses and potential markets look huge. In June at the 2D-EPL 2024 conference, themed “Pioneering 2D Materials for Semiconductor Industry,” Alberto Montanaro from CNIT delivered a significant presentation titled “Integrating Graphene Photonic ICs with Electronics for Next-Gen 6G Sub-THz Wireless Connectivity,” which showcased the groundbreaking achievements of the GRAPH-X project. The talk was expected to draw considerable interest from industry leaders, researchers, and technologists attending the 2D-EPL 2024, eager to explore the transformative possibilities of 2D materials in semiconductor applications. |
hTTps://theoakbloke.substack.com/p/fipp-a-leap-of-faith |
I too decided to top up a chunkette (half my existing chunk) - because of the promise and implied floor but also to buy some without the ridiculous spread that exists |
Employee costs up 16% to 2,45million During the year, a total of 666,838 grants were made under the terms of the Company's LTIP, structured as grants of nominal cost options, at a price of 10 pence per share. So this time next next year cash will be getting tight without a successful exit |
I subscribed for more too even though I topped up recently at 29. The discount to nav is large enough for my liking. Clearly it's been on the cards for a while. Once complete it really should move towards a 50% discount quite quickly. |
I subscribed for extra shares today . Bit of a no brainer in my thinking . |