Frontier Ip Share Discussion Threads

[pugugly] 21/10/2024 08:49

Looks like selling pressure continuing - All trades below mid point unless some buys - Views?

[aqc888] 20/10/2024 19:58

Given the markets insatiable appetite for all things AI, I’d say ipo’s in Frontier’s “AI cluster” should be pushed through asap…

The fact Frontier even has an “AI cluster” of investments should really be attracting more interest…

[swiss paul] 20/10/2024 11:01

but any old salt will tell you ' past performance is no guarantee'.

[aqc888] 20/10/2024 10:23

If new investors are buying into companies such as fieldwork / pulsiv at such valuations they shouldn’t be too off. We should also remember in the past Frontier undervalued its stake in Exscientia.

[pugugly] 20/10/2024 09:19

AQC888 - But how accurate are the calculations of the nav? As start ups very difficult to accurately forecast probable sales, margins, costs and glitches - If wrong potential for being very over optimistic or vici versa

[aqc888] 20/10/2024 07:29

Results in November should give more certainty of progress. Given this was trading at a premium to nav recently and now at a significant discount, further substantial swings are likely to take place. The ipo of alusid will be soon and some news confirming progress at other companies will get the share price moving again. Currently there has only been a very slow drip drip of positive news

[best1467] 18/10/2024 18:09

Did not expect to see the 20s again but without an ipo Cash windfall from the portfolio cash will be running out in the next 6/12 months.

While we have some extremely exciting holdings progress to IPO is what we need news on in the results
The very weak. stock price smells of a discounted fund raise possibly announced with results

[bdbd11] 18/10/2024 15:09

Just topped up with a small 4000 @29.3. At the time the spread was 29-30. Jimmy, the trades you think are 'sells' are likely 'buys' if you're looking this afternoon. I'll buy a few more if it slides further to circa 25.

[jimmywilson612] 18/10/2024 14:40

FIPP has been on a slide for a longer time than just today.

AIM Shares / IHT / Companies tightening belts / Government reigning in spending (therefore fewer grants)? Who knows.

I wouldn't worry about daily movements of FIPP share price, but this is the type of share that I've invested into via my Pension and will hold for decades or go bust....

Lets see if I'm eating Steak or Tins of Beans come my retirement.

[pugugly] 18/10/2024 14:27

Mr Market has greased the slide today - All sells according to the alogro's at the moment - Now why? Thoughts?

[pugugly] 17/10/2024 14:04

JW Just been starting to look at holdings at Companies House. First two looked at (Alusid and Fieldwork Robotics

Accounts are last year's So maybe significant revenue and profit growth this year.

Fieldwork Accounrs 30th Oct 23. Intangible Assets £3,020,750 out of net assets of £3,209,414

Alusid Accounts 30 June 23

Profit and loss reserve Negative £2,885,014. Cannot find any figures for revenue

There my be massive value somewhere in the other 16 (per last interim accounts) but (imo) will take a lot of digging and phone calls to uncover.

Above figures e&oe -re possible typing errors etc So to all DYOR.

[jimmywilson612] 17/10/2024 13:08

Lack of visibility of earnings
Hard to value portfolio companies

Some reasons why - I see massive value here but each to their own.

[pugugly] 17/10/2024 11:04

"Please conduct your own research when making investment decisions, as the originator, market commentators, or the threads contributors, could be either wrong or inaccurate."

Thanks to wan on the TRLS thread.

Seems very applicable here!!!

[pugugly] 17/10/2024 10:57

JW_ Agreed- so why is the FIPP share price so weak?

[jimmywilson612] 17/10/2024 10:31

So I make that TVG has been awarded £1.4m in grants this year alone, alongside another project with The Roslin Institute.

Good progress being made there and external money coming in to push us further along the road

[pugugly] 17/10/2024 10:07

Looks like well out of favour with some investors. Why? Thoughts - Reasons

Singer Note - Published: 31 Oct 2023 TP Shares trade on a 43% discount to NAV, BUY with new 100p TP (from 125p) Price then at 27/10/2023 46.5p. Price now – 32p mid.

Octopus per rns have increased to 9.01% 7Aug 24 and Odd taken a 5.06% stake as at 10-Sep-2024, so who has been selling and why?

Will be interesting to find out when list next updated – Provided company has been informed by the seller/sellers.

Ex AIM regulations Rule26 “Information about the number of securities in issue, treasury shares, and significant shareholdings, updated at least every six months”. Last holdings as at 21 May 2024- So needs to be updated by November 21st 2024

[pugugly] 17/10/2024 08:38

or go to Research Tree and check out the Albany Initiation 15 November 2018 note

[jimmywilson612] 17/10/2024 08:19

AQC888 - just go back to their 1st annual report and let me know how many you've heard of..

[aqc888] 17/10/2024 07:29

Anyone aware of how many/if any, of Frontiers portfolio companies have failed? With a broad portfolio of early stage companies you’d expect quite a few. However I’m not aware of any?

[mark5man] 16/10/2024 08:06

Agree AQC - alignment of interests always helps.

Ticking up nicely today, just got back into the blue after the spread took a chunk from my initial buy. Here's hoping for a few weeks of good news to secure that

[aqc888] 16/10/2024 07:25

I’d add to the above that the CEO is currently the 3rd largest shareholder. Something I personally attach great importance to with AIM companies

[acuere] 15/10/2024 18:47

Lots of good info in there and shows how big some of these investments could become.

Surprisingly he gives no mention to CamGraphic which looks on the verge of major breakthrough, given that they looking for CFO to handle budget up to £100m. I note this comment in there accounts released recently.
“The company is in the process of securing funding for its business plan and expect to receive substantial investment in Q4 2024 from a consortium of investors who are at an advanced stage towards completing a transaction, and where post period end there has already been a level of advanced subscription “

[rivaldo] 14/10/2024 09:15

Welcome Marksman, a good choice imho!

The Oak Bloke published a nice summary of FIPP on his Substack on the weekend:



"Conclusion

So £0.5m million of gains appears nailed on, but potential for other “fair value” gains too.

What’s more exciting is the level of commercialisation at the above holdings. Tiles you can actually buy at Topps Tiles, hyper-efficient fast charge USB cables you can buy, and Robots earning lease income from grateful Farmers.

Then there’s other holdings building readiness for commercialisation: Vaccines heading towards regulatory approval solving million and billion pound problems, eggwhite replacement agreement with a Commercial Partner, a factory being built to offer Spectroscopy lasers for near real time analysis of samples.

The first point to make is that many of these are not wacky ideas but real needs with real benefits. Fewer human crop pickers but growing demand for fruit (without getting into the reasons for that like post-Brexit and various US crackdowns on immigration). Faster charging but inefficient cables which can slow charging down. Damage the precious device. Woeful levels of cancer diagnosis due to the speed and complexity of mass testing via Spectroscopes. Unhealthy junk food filled with unhealthy fats. Zoonotic diseases which could wipe out farmers incomes - or indeed the world.

The second is that the FIPP ownership percentages of around 20%-30% are chunky holds and we are not talking a 1% stake with tiny upside.

The third is that the total addressable markets appear to be enormous.

The fourth is that FIPP have a track record of results. 7000 bagger is an impressive record.

So for the patient and shrewd, FIPP at 32p is at an astonishing 62% discount to its last 84.2p NAV. Despite its 44p+ over 6 years earnings and the fact that it holds a number of potential multi baggers, some which are either at a point of commercialisation or are close. Will this multi bag in the near term? Refer back to the bit about being patient. But the Full Year results should give a flavour of progress and so at the very, very least I would suggest to readers to give that a once over later in October."

[mark5man] 14/10/2024 08:24

Hello, I've joined in for the FIPP ride. Sold my chunk in SMT as it was too unadventurous.

Looks like a lot of unrecognised potential and a number of significant dates looming. Including results and a budget heralded to support UK tech and growth. I'm happy with that posture but the detail will be important

Spread was unhelpful 5% down on day 1 is never a great place to be

[slicethepie] 11/10/2024 09:20

It would have to agreed I suspect as there are some solid holders. The continual drift in share price reflects the lack of any communication with potential new shareholders. This is a great story but it needs telling......