Ip Share Discussion Threads

[rambutan2] 02/3/2022 16:19

Of course I'm sure you remember that it was 20yrs ago today that you scored your finest goal for the Gunners!

[dennisbergkamp] 02/3/2022 15:33

Thanks Ed! I miss those days ;-)

Nope, but I am definitely going to be adding tomorrow.. and the odd few pence is all fine for the "more than a minute" game!

D

[edwardt] 02/3/2022 14:34

You always had a nice touch on the football field Dennis. i hope you dipped your toe yesterday at the close.

[dennisbergkamp] 01/3/2022 19:25

Seems madness! But then the world has gone mad I guess…

D

[edwardt] 01/3/2022 19:13

Nice discount to that nav now! Bought a few more at close. Rate rises are not going to happen anytime soon . Strikes me good risk/ reward here now.

[bamboo2] 21/2/2022 21:40

Will update header tomorrow.
Please post corrections, or requests for additional info in the header.

Current Mkt cap of IPO at £0.92 is £977,990,624.04 [Total shares = 1,063,033,287]

Current value of ONT at £5.20 is £426,723,148.80

Current cash approx £276,000,000

ONT + Cash = £702,723,148.80

The rest is valued [by the market] at £275,267,475.24

e

[bamboo2] 21/2/2022 21:10

Humanity’s golden age is coming
Jan 31, 2022 • Thierry Heles
We are but at the beginning of fundamental change brought about by university research commercialisation.

[essentialinvestor] 21/2/2022 13:06

wba, can't argue with the logic, however the market for IPO's and valuations may
be a little different and more challenging for a while - obvs if something is
compelling it will readily find backers.

[wba1] 21/2/2022 12:45

p1nkfish; the last few years were distorted by the farcical Woodford situation. I would agree that the NAV progress has been disappointing, but the current NAV (taking a conservative view and reinforced by the asset valuations of the company)is, despite recent issues, still above previous highs from 7 years ago - something which looked unlikely 2 years ago. But, as you say, further progress requires new catalysts. That is why the likes of Featurespace (and others like Artios) moving to listings is important. The reason Featurespace is interesting is that it is already big enough to list and is the world leader in its field. Combine that with a client list which reads like the cream of the banking world and you have a recipe for a substantial rise in value. I come from a financial services background and know how hard it is for a start up to attract that sort of client list.

Progress in any investment company needs to be steady and driven by more than one factor as a single holding can only have a limited time effect (as seen with ONT).So I want to see a conveyor belt of listings for the next 5 years, starting with Featurespace, and see the current discount as short term irrelevancy. But I will be as disappointed as anyone if the management fails to identify candidates and push them to list.

This is the only way forward unless a hail mary pass of the sort First Light represents suddenly solves the world energy problems.

[bamboo2] 21/2/2022 11:14

p1nk, I have a similar pattern on my chart, but have slightly different position for neckline.

LH armpit 21/7/21. TH armpit 26/11/21
This pattern gives a tp approx 88-89
Nearest historical support is approx 89.8-90.9

My method for finding turns [trendline apexes] has not worked very well here recently. We have had many long daily candles, where virtually no trades have taken place at their extremes. I believe these are unrepresentative of the days trading range, therefore unreliable.

We still have no idea where all the volume is coming from as no TR1's have been forthcoming. That said we have seen volume fall off in recent sessions.

I think EI is probably right, we need to see a change in sentiment for the sector.

A new buyback might help, or a cure for cancer!

[p1nkfish] 21/2/2022 09:46

H&S on the chart.
LHS around 11/4/21.
HEAD 5/9/21.
RHS around 26/12/21.

Might bounce on oversold but........

[p1nkfish] 21/2/2022 09:42

I think its down and/or flat for quite a while longer.

[essentialinvestor] 21/2/2022 09:39

We have moved in to a more selective equity environment rather than indiscriminate
buying. It's a trend that began early summer 2021, very gradually at first.

The share price charts of some of the 2021 LSE IPO's tell a sorry tale - MADE, THG, ROO, MOON etc.


In terms of a low or change of direction, it's the Nasdaq to watch.

[p1nkfish] 21/2/2022 09:27

wba1, there has to be a step change as Ox Nano is out of the stable and just look at the past 5 years where that was anticipated. What will change?

[p1nkfish] 21/2/2022 04:50

Will it make much difference to market sentiment towards IPO?

A bottom cant be far off but what causes a turn in price?

[wba1] 20/2/2022 23:14

I was interested to see that Featurespace attended an online government meeting to try to persuade UK tech companies to float in London. It suggests a listing is on the agenda for them and I wonder when we will hear more. The original article was in the Telegraph on 31 January (but I only picked it up today) and can be found at in order to avoid the paywall.

[p1nkfish] 15/2/2022 11:11

It's this sort of thing that keeps me hanging in here. If anyone gets an energy gain from a reaction, especially if sustainability looks possible, the world will change.

[bamboo2] 15/2/2022 10:59

Times

A business in Oxford working on nuclear fusion technology has raised $45 million from investors including Tencent, of China, to help it to research the potential of commercialising what is hoped will be a virtually limitless source of clean energy. First Light Fusion said that the funds would help it to run experiments and work on plans for a “first-of-a-kind commercial fusion energy power plant” based on its technology.

The company said that Tencent, the technology powerhouse based in Shenzhen, had joined existing backers including IP Group, the listed investor in technology companies, and Oxford Science Enterprises, an venture capital firm, in the funding round.

Last week the JET laboratory in Oxfordshire set a record for the amount of energy released in a sustained nuclear fusion reaction, though commercialisation could still be decades away.

Nick Hawker, chief executive of First Light Fusion, said the funds
would help it to meet “ambitious targets”, including “delivering a maiden fusion result” and “increasing our work on the development of a full-scale fusion power plant.”

[bamboo2] 14/2/2022 07:07

FOR RELEASE ON 14 February 2022

IP Group plc - Portfolio company Bramble raises GBP35 million

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), the developer of intellectual property-based businesses, is pleased to announce that portfolio company Bramble Energy Ltd ("Bramble" or "the Company"), a London-based fuel cell company, has completed a GBP35 million Series B investment round to help further expand its capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks .

IP Group committed approximately GBP10 million to the round. Following completion, IP Group has an undiluted beneficial holding of 32.3 % in Bramble, valued at GBP20.7m, representing a net unrealised fair value gain to the Group of approximately GBP6.6m.

Bramble, which was founded by Dr. Tom Mason in the research labs at Imperial College of London and University College of London, has developed a unique, patent protected, printed circuit board (PCB) fuel cell - the PCBFC(TM). The innovation is that the PCBFC(TM) utilises existing and cost-effective production methods and materials from the well-established PCB industry, reducing cost and complexity in manufacturing hydrogen fuel cells.

The funds raised will enable Bramble to roll out its portable power products globally as well as continue to develop its liquid cooled fuel cell stack capability. Through this phase Bramble will deploy its disruptive fuel cell stack technology in a variety of strategic commercial applications to enable decarbonisation across a number of industries and sectors.

Jamie Vollbracht, Partner, Cleantech at IP Group plc, said: "Hydrogen, through its green production from electrolysis or its use in fuel cells to provide clean power, is critical for the transition to net zero. Bramble Energy brings a fundamentally different approach to these technologies, unlocking the deployment of hydrogen faster, more flexibly and at scale. We are delighted to contribute substantially to this significant funding round which will take Bramble to the next stage."

The round was led by HydrogenOne Capital Growth plc and supported by existing shareholders including IP Group as well as funds managed by its subsidiary Parkwalk Advisors, BGF and the UCL Technology Fund.

[brucie5] 10/2/2022 09:45

Thanks bamboo2. Maybe the retrace is over done here... I have been on the sidelines for some time, but surprised to see how poorly it's performed since ONT ipo. Given the mix of holdings and opacity, a discount will always be likely, but what size of discount fairly reflects the risk. I can't see this ever going under, so largest hazard is in its going nowhere. SO what catalysts to appreciation and narrowing of discount do you and others see?

[orange1] 10/2/2022 07:59

Fusion news:

JET grabs the headlines and Fist Light Fusion gets a mention:

[bamboo2] 08/2/2022 21:44

Hi Bruce, Rolling NAV 150-155
[I have allowed some latitude for the approx 3% of the co recently bought back at average 118]

There was a co update early Jan.
Results in early March, the precise date normally rns'ed in advance.