Prelude Trust Share Discussion Threads

[timtom2] 11/6/2007 13:56

Presentation looks good and they have addressed a # of points therein that are most interesting - shame it will take so long to see a change overall. More exits in 1-2 year timeframe does not suggest anything just around the corner.

[meadow50] 11/6/2007 13:21

I hold these but thought results were very poor.Zero progress in the last year despite the wonderful new technologies etc updated here.With no dividend and stationery NAV these are going backwards in real terms

[orange1] 11/6/2007 13:07

Just no pleasing some people .... the company posts a 40 page powerpoint presentation on its site and still people complain about the lack of information.
:-)

[rivaldo] 11/6/2007 12:55

Nothing was going to change today as we knew the NAV already. The revenue increase statement is a little incomplete - investee revenues may be up 300%, but from what starting point? If they were up from £20k to £160k that's a bit different from say £5m to £20m!

As usual I'd have liked to see more detail on the investees' progress. PDT are just such shy boys. At least the investment policy seems to be going in the right (more proactive, later stage) direction.

I'll update the header at some point with the latest portfolio.

Let's hope for more investee company exits soon.

[timtom2] 11/6/2007 08:12

need to digest further but good chance they will align incentives with the shareholders needs - would like to see some firewoks but it doesn't look too likely in the very near future.

[cerrito] 11/6/2007 07:52

not very upbeat and certainly nothing to motivate share buying..see you on July 31

[jtjh] 11/6/2007 07:22

I see the management company is saying that the original performance criteria are too demanding and, that after collecting over 1m from the millenium bubble effect, they are looking for easier conditions for the performance awards!! Not much else to ponder in the report - it doesn't look like we are going to see any marked share price improvement.

[rivaldo] 09/6/2007 10:14

It seems DisplayLink have now hooked another monster fish, with LG following Samsung and Toshiba.....they're doing rather well:



"LG M228WA 22" LCD Daisy Chain Display via USB
June 8th, 2007

Filed under USB Video Capture & USB Video Cards

We never would have thought USB video card has such potential that even the big guys have given the technology a chance in their latest docks and monitors. According to Displaylink, the 'monitor guys' are really keen on getting more of their LCD panels on everyone's desks. Average users with limited access to their rig in workplace would find the upgrade to be difficult.

Displaylink allows desktop expansion across up to 6 monitors. This makes Displaylink the new best friend of Samsung, Toshiba and now LG. The Korean manufacturer has rolled out a 22" display with a wide array of digital connectivity ranging from HDMI, DVI-D (HDCP), D-Sub and USB. We were hoping for 1080p pixel-to-pixel support, but the M228WA settle for 1680x1050 16:10. Analog inputs include everything from component, S-video to D-Sub. The screen is obviously made for gaming in mind as well with its 2ms response rate. Last but not all is a pair 6W stereo speakers are found on the back."

[tiltonboy] 07/6/2007 15:03

The XMOS news looks excellent. Another one to add to the exciting category.

Not certain whether it's a sign or not, but the top three stocks on my monitor have the bargain conditions Z, B, D on them in that order(AEX,AMN,APN)

Can't you tell I'm bored!!!!

tiltonboy

[rivaldo] 07/6/2007 07:34

And it seems Xmos are about to launch - sounds pretty groundbreaking?



"Xmos to launch FPGA alternative this month
by David Manners
Wednesday 6 June 2007

Xmos Semiconductor, the start-up founded by the Professor of Computer Science at Bristol University, David May, is to announce its first product this month.

The company's website describes the product as: "The low-cost, low-power alternative to FPGAs."

The word coming out of Bristol is that the firm can not decide whether to call it an FPGA at all, as it is aimed at a segment of the market which FPGAs have never addressed, expected to be the ultra-low-power, ultra-low-cost consumer sector, the fastest-growing chip market.

The beauty of the product's intended market is that no one operates there. It is said that Xmos will have no direct competition.

A statement on the firm's website said: "The novel processor architecture emulates hardware functionality and provides solutions within the $10bn microcontroller market. Simply stated, Xmos provides a new way of implementing hardware designs. Xmos delivers customer requirements in the form of a chip that is both designed-for-purpose and customer programmable."

Some have said it will be like a PicoChip array of processing elements but, where PicoChip goes for high-end applications, Xmos will go for the super-low-end.

So what will it look like? Judging by May's main interest, it will certainly have parallel processing.

Another May interest is in devices which can scavenge for their power from the ambient environment. No-one expects quite that level of efficiency, but everyone expects devices operating at unprecedentedly low power levels.

The product's functionality will be determined by software. Another of May's interests is in more efficient software which he regards as having almost limitless potential for being made more productive."

[rivaldo] 06/6/2007 16:28

Prepare yourself - a 45 minute talk by the co-founder of DisplayLink about DL and other ventures he's involved in:



Good to have on in the background as I did unless you're into computers. He's actually quite impressive.

The best news? Apart from Samsung, Toshiba etc, "other big names are already signed up". And that's a quote!

[rivaldo] 05/6/2007 16:03

Ta for that Orange1. ZBD seem to be in the lead in the right space at the right time given the need for flexible and accurate displays, better information, tighter stock control etc. I assume they'll be snapped up at some point, it's probably just a question of when and how much.

The price chart appears to be showing an unfamiliar blue colour...

[orange1] 04/6/2007 09:36

The prospects for ZBD are looking good. This from digitimes:



"Electronic shelf labels

ESL displays are small, at about 3-inches in diagonal dimension, and don't need high pixel densities. Segmented monochrome displays, which are cheap at about US$5 per label, provide sufficient performance for ESL.

ESL will be one of the largest emerging applications during the next four years as it is set to grow to US$601.9 million in 2010, rising at a CAGR or 11.9%, up from US$429.3 million in 2007. While the revenue growth will be moderate, ESL unit shipments are set to nearly double, reaching 160.9 million units by 2010, increasing at a 25.7% CAGR from 81 million units in 2007. Much of this growth will be generated by the European and Japanese food and supermarket businesses.

ESL displays are used on shelf edges to display pricing information employing Radio Frequency (RF) and Infrared (IR) technology to communicate with the central server, which provides simultaneous pricing updates. This means the primary markets for ESL displays will be grocery stores, superstores, warehouse outlets and department stores where price is the strongest competitive tool."

[davebowler] 01/6/2007 13:11

Thanks for that tiltonboy.

[tiltonboy] 01/6/2007 13:04

dave,

PDT have a broader portfolio than NMS, but they could certainly learn something from them, i.e share buy-backs.

It looks as if NMS only give portfolio updates every six months, so I'm not sure what the current NAV is.

tiltonboy

[davebowler] 31/5/2007 16:27

What are your views on this vs. New Media Spark?

[rivaldo] 30/5/2007 20:38

And...ZBD's epop solution is part of the massive Episys' Retail Enterprise Suite:



In today's Times is a supplement about Retail Solutions. There's a piece about Fortnum & Mason noting that they're using the Retail Enterprise Suite in their Food Hall.

And there's a second piece about B&Q adopting the Retail Enterprise Suite from Episys across their 332 stores in the UK and Eire.

[rivaldo] 30/5/2007 20:29

Tribold looks pretty impressive - some quality recent news flow:



"Tribold News
16 May 2007
Tribold and Convergys to Demonstrate Successful Implementation of a Unified Product Catalog at TeleManagement World Nice

10 May 2007
New Appointments Expand Tribold's Products and Strategy Group

18 April 2007
Capgemini Selects Tribold as Product Management Partner"

[hvs] 30/5/2007 08:38

It will do no harm.

Good link to their website as well. Looks like they are developing well.

[orange1] 29/5/2007 21:50

Displaylink now moving in rarified circles.

They were co-sponsors this past week-end of ... wait for it: the Cambridge Beer Festival!



Were the Prelude boys in attendance?

[rivaldo] 23/5/2007 16:53

Yep, and there it is. Good to see large stakes finding safe new homes anyway.

[tiltonboy] 23/5/2007 15:34

riv,

That's the sell side, the buy side has still to show. Spoke to the market 30 minutes ago.

iltonboy

[hvs] 23/5/2007 15:14

It looks good.

Hopefully the shares have gone to a good long term home.

[rivaldo] 23/5/2007 14:55

Whoa - a 500k buy at 114.5p :o)) Someone's collecting up the small sells then.