Ip Share Discussion Threads

[hashertu] 06/3/2021 16:36

P1nk. I believe post 930, para 1, reflects the legal obligation.
As to buybacks, every other listed company I have had shares in has reported share buy backs on a daily basis.

[bamboo2] 06/3/2021 16:02

p1nk, It's likely they already directly hold at least 11% of ONT [ex-Invesco], if Tencent got a place on the IPGroup board they would have quite a say over the future of the company, and could easily try to use the cash pile to bribe IPO shareholders before it is anywhere near its full valuation. I guess ONT newbies Acacia who swiped Woodfords ONT holding would also be up for a quick buck.

[p1nkfish] 06/3/2021 14:43

I think that answer is cobblers. Proactis holders page is updated as it happens and Auden is Chairman.

Cop out excuse, not satisfactory.

For all we know a Chinese entity could be sucking these up with consequences we can't figure out.

[bamboo2] 06/3/2021 14:07

Thanks Mas, I emailed the company about this matter some time before xmas, but I just got referred to the significant holdings page of the last report and informed that they could only report what buyers and sellers had told them.

Someone somewhere knows who is buying! Why the secrecy?

I assume there's no way a buyback is ongoing, as even though they have authority, I am sure it would have been rns'd.

[masurenguy] 06/3/2021 09:25

bamboo2, I'm also curious to know where the 30% of shares have found new homes, especially since no 3% threshold notifications have been reported. However, I know from past experience that the shareholder concerned has to formally notify the company in this context before an RNS can be issued. Even if IP are aware of the new holding they are not supposed to report it without formal notification by the shareholder.

[bamboo2] 06/3/2021 08:03

Bf, During the Covid crisis, many Uni's are facing income problems. I would think that Imperial College just need the cash.

Results next week. I plan to ask a question about the approx 30% missing shares. It's hard to believe so many shares have been distributed, with all new holders below the 3% notification level. Management must know if someone is building a stake.

[bottomfisher] 05/3/2021 15:38

Much as I want to believe in IP's growth story, I am still puzzled by the company's apparent failure to attract new core institutional shareholders to fill the vacuum left by the exit of Invesco and Lansdowne Partners, which a year ago owned over 30% of IPO. It is rather depressing to see Imperial College of Science, IP' second biggest shareholder reducing its stake for the second time this week. Surely, this is the type of long-term blue chip shareholder which should be increasing its stake in IPO, not selling down?

[bamboo2] 03/3/2021 20:53

Hi P1nk, 200p would involve a premium on NAV at today's price.

Do you think we will head back to the days of a premium?

Around 2015 the premium was near enough 100%.

Next week we will have an up to date valuation, so perhaps we should wait and base our speculation on that?

[p1nkfish] 03/3/2021 13:12

Does anyone else see a rounded bowl formation starting about Feb 2017 and yet to complete > 150p, could be towards 200p? My target is > 200p but not timeframe yet.

[wetpantz] 03/3/2021 12:08

BB, now that the seller overhangs have been cleared not surprising that the shares are more tightly held. The share price trend appears to have steepened since the final Invesco sale.

[podgyted] 03/3/2021 07:57

* IP Group Plc IPO.L : Jefferies assumes coverage with buy rating
* IP Group Plc IPO.L : Jefferies raises target price to 150p from 101p

[bamboo2] 02/3/2021 15:19

hashertu, thanks, let's hope we see IPGroup get at least that for ONT.



Once we see an eod close above approx 124, on a chart pattern basis, this opens the door to a few higher targets, notably 145.

There is historical resistance to overcome at approx 134

[hashertu] 02/3/2021 12:21

I thought the interesting news from Mercia yesterday was the sale of Oxford Genetics.
They got a x5 increase in their direct investment in 5 years.

[p1nkfish] 02/3/2021 11:25

MERC has 440M float with 3m average daily of 552K.
Cant remember what % is ii >3%.

[bamboo2] 02/3/2021 10:15

p!nk, cheers. Had a look at MERC, but haven't managed to get my head around the chart yet. Is it thinly traded?

I now have a reasonable holding in GROW, but have still not managed to trade it, for the same reason.


Re , IPO, This morning I was trying to get a quote for a top up, and for the first time since setting up this thread there was no online quote available.

[p1nkfish] 01/3/2021 17:21

bb2, take a look at Merc too.
It will turn.

[wetpantz] 01/3/2021 16:16

Yup Woodford should've set up only investment trusts and not OEICs and he Wood've been fine. I got burnt by investing heavily in his Patient Capital IT and was looking at cutting my 75% losses but then I discovered ONT and IPO while picking through the Woodford train wreck. Thankfully more than covered my paper losses thanks to the mega buying opportunity a year ago.

[hashertu] 01/3/2021 12:25

Bamboo2.
Thanks for the link to Econic. Interesting potential.
I wonder if we will see our plastic manufacturers morph into neighbourhood power generators.

Alanpro1. I suspect those sorts of numbers are only attainable in the USA. But, perchance to dream.

I now think that Neil Woodford was good at selecting his investments but chose the wrong way of going about it (says I, knowing very little about the subject).

[alanpro1] 28/2/2021 23:03

Telegraph.co.uk/technology/2021/02/28/britain-fights-land-oxford-nanopores-blockbuster-public-float/some analysts believe could be worth as much as $23bn (£16bn) in a possible initial public offering (IPO).15% stake could be pretty handy? Gla

[bamboo2] 26/2/2021 19:33

25 Feb 2021



Catalyst technology company, Econic Technologies, has appointed Keith Wiggins as its new CEO to lead the next stage scale up and commercialisation of the business.
The leader in CO2 utilisation technology, Econic Technologies, has today announced the appointment of Keith Wiggins as its new CEO. Wiggins will take over from Dr Rowena Sellens who will retire after eight years of leadership, having taken the company to its market-leading position from a spin-out start up. The firm is now ready to scale the commercialisation of its unique catalyst technology amongst customers looking to achieve net zero carbon and core sustainability objectives.

The key next stages in this process are to progress key partnerships alongside a forthcoming fund raise on the back of recently secured investment from existing shareholders and the UK government’s Future Fund.

Wiggins brings broad experience of successfully running advanced manufacturing businesses and commercialising technologies across global markets. His international career spans senior leadership positions with leading multinationals and early stage companies.

Keith Wiggins, CEO of Econic Technologies, commented: ‘It is an honour to be joining Econic Technologies at a time when the business is poised to scale and commercialize. Rowena and the team have developed a world class technology that brings environmental, cost and performance benefits to customers, at a time when the world is demanding sustainable solutions for CO2. I look forward to being part of the growth story ahead.’

Wiggins replaces the retiring Dr Rowena Sellens, who was appointed in 2014 and oversaw Econic Technologies’ initial funding rounds; the launch of a UK-first customer demonstration facility; and the conclusion of the firm’s first joint development agreements, including a partnership with Drax. Dr Sellens will use her retirement to explore a number of non-executive roles.

Dr Rowena Sellens, former CEO, commented: ‘Overseeing the growth of Econic Technologies has been a real labour of love. Thanks to the incredible hard work of a team that I was so proud to lead, the business has gone from strength to strength. I am very happy to be passing the reins to Keith, who brings fresh perspectives and deep experience that will help the catalyst complete the final stages of commercialisation. I wish him well, and look forward to watching the firm’s continued growth.’

[stephan14] 26/2/2021 19:14

Hope to get news about the rumor of a possible ONT IPO. ONT is the biggest position of IPO. A bulk risk. Of course a positive bulk risk as it looks now but still a bulk risk. Which IB has the lead in a possible IPO ? Which one would be the best ? Goldman ? What valuation ? £5, £7 or even £10 billion ? +100% on the first day of trading ? Fantasy ? Happy to start a discussion.

[stephan14] 26/2/2021 19:14

Hope to get news about the rumor of a possible ONT IPO. ONT is the biggest position of IPO. A bulk risk. Of course a positive bulk risk as it looks now but still a bulk risk. Which IB has the lead in a possible IPO ? Which one would be the best ? Goldman ? What valuation ? £5, £7 or even £10 billion ? +100% on the first day of trading ? Fantasy ? Happy to start a discussion.

[p1nkfish] 25/2/2021 10:55

They have targets for the cash in mind imho.

[pierre oreilly] 24/2/2021 23:13

Even though the price has risen quite a lot recently (so pleased i ignored your ubiquitous advice to sell Pink) i think the partial revaluation of some of ip's holdings will show an even bigger percentage discount to assets than last year.

Not sure if nano will get a new valuation this time and, if so, how they'll calculate it, but there'll likely be at least a hundred mill uplift there imv. Plenty of their, i mean our, quoted stocks have also had a great run lately. (but not as good a run as at least 3 i can think of which they sold last year!).

The start of a divi strategy paying say 5p this year would cause an immediate 20/30% price increase in my view. But I'm not holding my breath. 20/30% on bonuss and costs yes, divi for owners no, i suspect, but i hope i'm wrong.

[p1nkfish] 24/2/2021 22:50

Expecting some useful new investments to start to allocate that cash.