Seraphim Space Investment Share Discussion Threads

[spectoacc] 05/4/2023 12:56

Comment seems fair:

[spectoacc] 05/4/2023 09:39

Won't be the last I'm sure.

Revenue growth is of secondary concern when SVB has gone, new money is going to be very hard to come by, and a large number of the companies (most) will be loss-making.

The one advantage SSIT does have - it's sat on a fat wad of cash. If they play their cards right, and accept the nuclear winter unlisteds are heading into, they can pick & choose who to support, and at what revised prices, as well as any choice new investments.

It'll take some balls, because the temptation will always be to "prove" previous valuations, and to prevent existing holdings from going under. Neither of those are the right approach in this market. Cash is absolutely king.

[hugepants] 05/4/2023 09:22

Virgin Orbit filing for bankruptcy has obviously hit sentiment.

[montynj] 05/4/2023 09:21

>75% of the portfolio is unlisted and 9/10 of top companies are unquoted and showing strong earnings growth. The market does not understand space and of course VC is getting battered. But the tailwinds are building. The discount gives a huge cushion partic when the private deals are all structured as pref shares. Despite market vol, average portfolio company revenue growth is 56.0% which is not too shabby! Tuck away and hold.

[quepassa] 30/3/2023 14:27

I remain bullish on the long-term prospects .

Out of love at the moment despite sector-related general news about Spacex & Skylink, and the forthcoming IPO in London of OneWeb/Eutelsat which evidence the growth of the sector.

SSIT's day will come. Investor appetite in the sector will at some point return.

The reduction in launch costs will further spur the satellite and space-related industries into the stratosphere.

Looking cheap at these levels.

ALL IMO. DYOR.
QP

[ec2] 30/3/2023 10:01

Big drop today and no idea why. Decided to make my second small purchase into these at 36.67p as part of a pound cost averaging strategy here.

[livewireplus] 09/3/2023 11:24

Indeed. Seems to have generated a little more interest ....

[panache1] 09/3/2023 10:41

Mark B ceo on Sky News now

[wsm812] 09/3/2023 09:40

Not a bad set of results, it's a shame the share price has not reacted positivly yet and closed the 51.3% discount to NAV gap. I continue to hold.

[pinemartin9] 07/3/2023 10:43

Results Thursday. Looks undervalued to me but still too early for me to jump back in. Any idea what NAV is here? Edison saying 85p but difficult to have an accurate valuation due to non listed companies they own.

[wsm812] 22/2/2023 14:43

Schroders have increased their holding, see release today ^^

[livewireplus] 20/2/2023 10:48

Lockheed Martin plans UK satellite factory in boost for British space industryhttps://www.telegraph.co.uk/business/2023/02/19/lockheed-martin-plans-uk-satellite-factory-boost-british-space/

[wsm812] 14/2/2023 13:04

We, as holders, all know the value in this company. We are simply out of favour currently. I continue to hold until our turn in the financial spotlight returns, and it will.

[livewireplus] 14/2/2023 12:29

Not directly related to SSIT but an interesting background read...BBC News: Surrey Space Centre awarded £400,000 of fundinghttps://www.bbc.co.uk/news/uk-england-surrey-64629436

[bathcoup] 07/2/2023 09:53

" ... Seraphim says it invests 'in the brightest minds and smartest ideas' across the space industry." - very good at spewing out fluffy words, laughable!

[livewireplus] 07/2/2023 07:27

Britain is 'still a player' in space race despite failed Cornwall satellite launchhttps://www.thisismoney.co.uk/money/markets/article-11719925/Britain-player-space-race-despite-failed-Cornwall-satellite-launch.html

[pvb] 28/1/2023 10:43

freddie ferret 20 Jan '23 - 14:28 - 211 of 213

Anything to do with this????



Nope!

[livewireplus] 25/1/2023 00:22

Man on Mars moves step closer to reality: NASA announces plans for a nuclear rocket that will slash seven-month travel timehttps://www.dailymail.co.uk/sciencetech/article-11672709/NASA-announces-plans-nuclear-rocket-brings-man-Mars-step-closer.html

[wsm812] 20/1/2023 14:46

Only if you cannot spell - haha

[freddie ferret] 20/1/2023 14:28

Anything to do with this????

[quepassa] 17/1/2023 15:07

Already more than 10% off Nov/Dec lows.
Rebounding.

[wsm812] 17/1/2023 14:23

A price closer to NAV must be appreciated soon. Awaiting any good news for the rerating to take affect is patience zapping.

[quepassa] 16/12/2022 09:45

See important Update today 16/12 on Seraphim by Edison Group Research.