Ip Share Discussion Threads

[bamboo2] 20/11/2020 19:42

Pierre, it's both.

[pierre oreilly] 20/11/2020 19:04

Why does everyone assume it's a sell? Trades over 5x nms are delayed. I'd guess (can't be certain) this was a buy sometime before being reported which has driven the price higher the last few days. We should get to know for certain when/if there's a holding rns.

[bamboo2] 20/11/2020 17:11

Mas, as Wetpantz says, it's nearly 10% of the co, so should generate at least one selling rns.

Furthermore it would have to have been sold to at least three different new holders to avoid breaching the 3% limit for a buyers notification.

[wetpantz] 20/11/2020 17:00

Agree, Invesco & Lansdowne prob used recent price strength to dispose of their holding as they need to meet continuing investor redemptions. MM probably have some buyers lined up if they're willing to take on nearly 10% of market cap onto their books

[masurenguy] 20/11/2020 16:53

Unlikely to find out from an RNS bamboo, unless a key threshold was breached.

[bamboo2] 20/11/2020 16:48

Probably Invesco or Lansdowne selling.

On this volume, Lansdowne would have sold out, while Invesco would retain approx 5%

More interesting to know who is the buyer?

[bamboo2] 20/11/2020 16:22

£71,280,000 trades just gone.
Anyone here going to own up?

[bamboo2] 19/11/2020 08:23

Mas, I have also just added. Fingers xx'd for the new trading range.

[p1nkfish] 18/11/2020 22:12

They would have to announce as a buyback occurred.

I dont know when inflation will hit but no currency is doing much except eroding to help pay for the current mess.

Taking stock off the market around here would be no bad thing.

[bamboo2] 18/11/2020 21:57

p!nk, I'm not sure inflation is an issue in the near or medium term.

The co. does currently have authority to buy back up to 10%, and I had wondered if they would have to let the market know in advance if they had started?

It would be good to know who is behind the buying in recent months. Obviously Tencent is a candidate.

[p1nkfish] 18/11/2020 17:09

We could hit 5%++ inflation.
They need more appreciating tech to invest in.
Fusion, Quantum? Both could swallow £50M type amounts else its a load of £10M types. Buyback a sensible way forward, clear out reluctant holders and allocate what is left-over.

[p1nkfish] 18/11/2020 16:58

Its a mental amount of cash. If/when inflation ticks up, unless there is a market meltdown so the cash can go further, it will be eroding at 4%-5% a year imho, £12M-£15M p.a

Intrigued to know the plan.

[rambutan2] 18/11/2020 16:44

bamboo2, thanks, I know you're keeping a tag on it. That is an intriguing amount of dosh to be holding considering its investment style. Perhaps they're considering moving out of VC and into buyouts!

[bamboo2] 18/11/2020 16:25

Approx £300 million

[rambutan2] 18/11/2020 16:23

bamboo2, could you just remind me where you think cash is now up to. Thanks

[bamboo2] 18/11/2020 15:41

The trading does seem relentless.

Based on previous consolidation zones, the stock was due a rerate to a higher trading range.

Each zone is 41-42 sessions long.

Since the uptrend began the ranges are 11, 9.6, 7.6, 8.1

Assuming we are entering a new trading range starting at 85, the upper end should be around 93-94.

[masurenguy] 18/11/2020 14:51

Upward momentum continues - topped up again today.

[bamboo2] 18/11/2020 14:28

Wet, agree.

A few weeks ago we've seen Gordon Sanghera suggest that the valuation of the ONT will increase in size tenfold in five years, so valued at approx £8bn. This means IPGroup's 15% of ONT will be worth significantly more than IPO's current MCAP.

[wetpantz] 18/11/2020 13:53

ONT applications go far beyond COVID-19 testing, market hasn't fully registered this yet.

hxxps://www.nanowerk.com/nanotechnology-news2/newsid=56574.php

[bamboo2] 17/11/2020 21:20

8m on the volume.
Any chance of a holdings rns?

[p1nkfish] 14/11/2020 13:06

Not at all.
No way should that capital be paid out.

It should be allocated to new investments.

[pierre oreilly] 14/11/2020 12:05

So pink, after me posting the very same occasionally over the last 6 months to very much criticism from yourself, you seem to have come round to the same view now.Oh well, better late than never.

[bamboo2] 14/11/2020 09:44

p!nk, email the management. Ask for an update on the discussions re buyback/dividend. If you don't I will!

Daily volume is stepping up.
Still no holdings rns's, so have to assume accumulation in background continues.

[p1nkfish] 13/11/2020 23:47

The cash stands out like a sore thumb and with yields so low what's next and when? Hanging about with that in the bank........it's eroding in value unless IPO see some crash or other ahead when its purchasing power will have increased. 12 months from now surely it will have largely been allocated?

Puzzled.

[masurenguy] 06/11/2020 08:23

Thanks bamboo2 - a small holding for me in the speculative section of my portfolio. Good luck with your trading strategy.