Molten Ventures Share Discussion Threads

[johnrxx99] 16/7/2024 07:36

From City AM

Jack Mendel

The UK’s burgeoning artificial intelligence (AI) startup scene is on course to raise a record-breaking $4.4bn (£3.4bn) worth of venture capital in 2024.

According to new data from HSBC Innovation Banking UK and Dealroom, AI startups have already pulled in $2.1bn (£1.6bn) in the first half of the year, a sizeable chunk of the $9.4bn (£7.2bn) raised by all UK startups during this period.

More here

[makinbuks] 12/7/2024 14:49

Yes a bullet dodged. Not great to lose 10% of what you put in but could have been worse and supports the current valuation

[kelster50] 12/7/2024 08:45

Not a catalyst but a steady update on positions which arguable gives credence to the core nav. Graphcore is a plus for me as it could have in my view ended up as a zero holding without SoftBank and the preference shares held by MV

[johnrxx99] 12/7/2024 06:57

Good summary of sale and investments published today.

[kooba] 12/7/2024 06:32

Chrysalis has some numbers out...better than nothing !

[kooba] 12/7/2024 05:04

https://techcrunch.com/2024/07/11/softbank-acquires-uk-ai-chipmaker-graphcore/No confirmation on valuation.But on a separate article employees been told their holdings are worthless which on the terms means less than $600m. I guess GROW will have to explain to its shareholders what they are getting though!

[johnrxx99] 09/7/2024 06:27

CitAM have front page about Pension Funds secret meeting about money for startups. This time may actually do it.

[kooba] 07/7/2024 10:46

https://x.com/markkleinmansky/status/1809901584425308358?s=61&t=s79RLRddG_Gfl7VpUZvZpQ

[johnrxx99] 02/7/2024 07:17

Revolut’s latest results show a pretax profit of £438m for 2023, with the banking app swinging from a £25.4m loss in 2022.

[kelster50] 02/7/2024 07:14

Blackstone now increased and lending returned - they have confidence imo

[kelster50] 01/7/2024 10:09

Might be an interesting tug of war here, the borrowed from blackrock on their securities lending, coupled with the illiquidity vs the hopeful good news to come no doubt on tech cos and likely Revolut licence. This against the background of incoming strong govt with an interest in UK plc

[kooba] 01/7/2024 08:59

A proposed Japanese takeover of the British artificial intelligence company Graphcore is facing a national security review amid growing concern over foreign buyers targeting sensitive UK technology. The inquiry has emerged in the wake of SoftBank, the Tokyo-based tech conglomerate that owns a majority stake in semiconductor company Arm, striking a deal for Graphcore. It is understood the government review is the final hurdle to the tie-up being announced.The deal is expected to be worth more than $500m (£400m), but substantially less than the $2.8bn the Bristol-based microchip company was valued at in 2020.https://www.telegraph.co.uk/business/2024/07/01/softbank-ai-deal-graphcore-national-security-review/

[peterrr3] 28/6/2024 17:28

Personally I get more out of Google, wipo and company house than Edison spoon feeds. As for Blackrock, they may be balancing an index but hands off they are not in my experience. They would have given both the nudge and the nod to the last takeover as completely in their interest.

[riverman77] 28/6/2024 16:25

Yes the Edison note is paid for, but they often have some useful info to get a better understanding of the company. On Blackrock, my understanding is they are a mainly passive investor (ishares, etc) - any trades likely to be just rebalancing to track an index, so not sure I would pay too much attention to that

[kooba] 26/6/2024 12:22

I know what Edison is £60000 for a. Few notes..however i fund it useful sometimes as it is company approved and can clarify a few areas in their text. But fine if you don't want to read..others might.

[peterrr3] 26/6/2024 06:47

I don't pay any attention to Edison as it is advertising paid by Molten. Blackrock adding means more to me.

[johnrxx99] 26/6/2024 03:21

Blackrock increased to 13.62%,but increased instruments rather than shares

[kooba] 25/6/2024 20:00

Edison note out todayhttps://www.research-tree.com/companies/uk/banks/molten-ventures-plc/research/edison/molten-ventures-green-shoots-of-recovery/3_33741xxx-ae96-52e8-893d-bf08cbcc14d0

[peterrr3] 21/6/2024 12:56

Been bouncing around a bit but generally 3 steps forward 2 backwards, so I buy a few more each pull back like today. I would like to know who has been buying the big chunks, earlier on it was Blackrock.

[w13ken] 21/6/2024 11:43

Ha ha, I wish my holdings were big enough to influence like this.

[peterrr3] 21/6/2024 11:24

Top slicing? Looks like you took a chainsaw to it Ken. Let's wait for the RNS to see if you have been a bit economical with the truth.

[w13ken] 21/6/2024 11:13

Sorry if I jinxed it. I did end up top-slicing a bit for a miniscule profit to get the book cost down.

[johnrxx99] 21/6/2024 03:54

Good to hear W13Ken - I still have a bit to go b4 I'm positive again but could be very soon at this rate.

[w13ken] 20/6/2024 16:58

I'm a long-term holder and have had to have great patience here as I've been in the red for a couple of years. However, I'm finally up again today at above 419p 🥳. I top-sliced earlier in the week but I have IQGeo money on the way and I'm happy with GROW's assets and position in an improving market so this is likely to become my largest holding again soon.

Good luck to all who are already in profit or long-term holders who are still waiting.