Imagination Technologies Share Discussion Threads

[mister md] 05/4/2017 16:36

nice 747k buy at 102p in closing auction

[rossy73] 05/4/2017 16:31

Christ, I hope not mallorca otherwise I'll have to sell up in Florence and join you in magaluf

[kmann] 05/4/2017 16:29

Brokers slashed their targets substantially, obviously expecting more bad news.

[mister md] 05/4/2017 16:22

Mister MD5 Apr '17 - 14:58 - 27142 of 27151
mallorca9 - you dont know. Could be 100p provides support and it hovers around these levels for a while

[tsmith2] 05/4/2017 16:17

Tax losses being crystallised today?

[mallorca 9] 05/4/2017 16:17

This will fall way below 80 Rossy.
Closer to 8 I think.

[rossy73] 05/4/2017 16:12

mallorca, I don't always get it right but when I focus on a situation I look to build a position without commiting too much at the beginning.
Not afraid to admit I'm wearing quite a big loss on the day's purchases but overall from buying at 80,81,87,92 & 106 I'm still ahead. Great fun trading the swings though

[adventurous] 05/4/2017 16:12

Lets give a moments thought for all those who may pile in tomorrow morning with the new ISA funds for the year!!

[mallorca 9] 05/4/2017 16:01

Rossy... I find it very hard to believe that anybody would spend £150k today on these.

[mallorca 9] 05/4/2017 15:59

May soon be last chance EVER to sell for £1.

[rossy73] 05/4/2017 15:56

With the bots controlling all the AT trades, there's really no knowing where the price will go short term as they're moving it all around to fill either a buy or sell order. I've bought 150k today in 5 clips but haven't seen any of them reported - all smoke and mirrors

[pal44] 05/4/2017 15:48

Soon be sub 80 at this rate...

[rossy73] 05/4/2017 15:04

The bots are firmly in control today with all the continuous AT trades on both sides of the book. After the huge panic drop on Monday and massive increase in volume they are well informed of spread bet and leveraged positions with tight stop losses and minimal margin cover for them to trick about with and prey upon IMO. I'm confident with the smell of fear in the air, large stakes are being built in the background on the cheap and holdings notifications will confirm this in due course. Img have incredible IP and aapl recognise this. Aapl have enormous cash reserves but are lacking in new ideas to change the world in the same way their other products have in recent years - driverless automotives across cars, vans and trucks are the next groundbreaking hurdle for global tech. AAPL need to demonstrate to equity and debt holders that they're not just sitting on their laurels waiting for the next world changing device to launch so their executives can justify the remun structures. Restructuring the supply chain is a way they can justify their activity/roles when new products are absent from the immediate horizon. However, for them to completely construct a new ground breaking cpu from scratch to fit their economies of scale without breaching img's ip - it's just not possible

[mister md] 05/4/2017 14:58

mallorca9 - you dont know. Could be 100p provides support and it hovers around these levels for a while

[mallorca 9] 05/4/2017 14:54

farmer ... once £1 is clearly breached I see a swift (within 1 week) fall to circa 70p.

[sheep_herder] 05/4/2017 14:47

mallorca9, I think you'll find I was the *original* de-ramper. I don't think you've read or understood any of my posts by the sound of it. :-)

[farmergeorge] 05/4/2017 14:45

mallorca or maybe around 60p, or 80p or 90p or 100p or.... And what does initially mean?

[mallorca 9] 05/4/2017 14:42

IN terms of shorting this via a spreadbet ...
there will be some resistance around £1, but once this level is clearly breached then the fall will be a sharp one down to around 70p initially.

[mallorca 9] 05/4/2017 14:34

You two chaps remind me of the musicians on the Titanic.

[sheep_herder] 05/4/2017 14:20

COLSMITH - that's not what I was saying. Not a general purpose CPU but a parallel processing engine as suggested by that comment on the Ars article. A dedicated processor aimed at the compute intensive side rather than graphics.

A GPU is a graphics engine that over the years has been modified to perform more general purpose DSP type functionality, i.e. GPGPU, CUDA, etc etc

A dedicated parallel processor that can also be used to perform legacy GPU functionality might hold quite an advantage for a first mover.

[mallorca 9] 05/4/2017 14:07

Fall will soon accelerate.

[colsmith] 05/4/2017 13:35

SHEEP RE 27119 - If GPU isn't the way forward (you suggest captive processors will do the parallel processing )then why commercially is APPLE apparently doing their own GPU - a waste of time I suggest; but clearly they don't think so and I am inclined to agree. I suppose if general purpose CPU's get really fast all the parallel processing stuff (inc GPU) will be done in software - not there yet though.

Actually have they said they are doing their own - might it not be they are licensing someone else's - OK unlikely but the words are as ever in this game precise but vague.

[sheep_herder] 05/4/2017 13:14

borromini1 - ok, I see. Thanks.

Totally agree re an IMG statement. It will be interesting. Given the tone in the RNS the other day it will likely sound like a school child trying to get their toy back again.

Re patents. Companies have processes in place to try to limit the exposure of employees to others' patents. For example, in my previous company we were not allowed to search for patents or other ideas based on something we were 'inventing'. This was to make sure our minds weren't seeded with an idea built upon an already patented idea. It's quite hard to not think about some clever way of doing something once you've read it. This was to make sure the paper trail was demonstrably clean. There will have been processes for new employees coming from competitors too. There will also be a team of people who have the task of reviewing patent applications and reviewing innovative ideas to make sure they don't infringe others.

What I don't know is how Apple do this. For example, my old company wouldn't patent something unless is was clearly discoverable in a product. There's no point patenting something that is in itself a remarkable piece of technology if it isn't exposed to the outside world and you can't easily see that a competitor has copied it. In these cases you can either chose to not patent it or submit it to the public domain so that it can't be patented by others.

So I guess what I'm saying is that Apple are a tech savy company who generally would not make the mistake of copying any IP. They will likely come very close to copying some things but would have backup patents of their own to defend against, or use others as collateral for a court battle.

I don't think IMG have won any of their recent patent disputes so I wouldn't hold any hope of them enforcing any against Apple. Especially if they are designing something else to a traditional GPU.

[elliotset] 05/4/2017 13:12

Seems most broker targets 75p

[adventurous] 05/4/2017 12:44

Ref: link 27128 - two points that I noted were:

1) Although it is Imagination that has gone public on the matter.

They had to, that sort of material information had to be released in an RNS.

2) Apple said it didn't want to buy out Imagination.

No they did not, the statement said:
LONDON-- Apple Inc on Tuesday confirmed it had had discussions with Imagination Technologies Group PLC, but said it does not plan to make an offer for the company at this time.