Sondrel (holdings) Share Discussion Threads

[bmwman3] 12/2/2024 09:29

20p coming fast imho

[mally6] 12/2/2024 09:20

Placing coming they have no money

[george gently] 12/2/2024 09:00

Moving upwards.

[amishp67] 12/2/2024 08:47

Back to 20!

[source] 09/2/2024 23:58

Great insight & sounds right slicethepie. Hopefully they'll wise up pdq.

[glavey] 09/2/2024 20:13

I wonder if the Daily Mail investigated and verified this story before publishing. Cui bono?

[tsmith2] 09/2/2024 20:06

patience will be v v handsomely rewarded here imo

[euclid5] 09/2/2024 19:43

1m sale and a 500k sell today at 9.50p the low

[amishp67] 09/2/2024 13:04

Guarantee you didn't short this....

[slicethepie] 09/2/2024 12:48

100% agree with the sale if no response to an email from a shareholder. I would do exactly the same. The company has no idea of your potential investment appetite and don't even have the sense to pass on to their advisors to deal with.

[garbetklb] 09/2/2024 11:53

I bought a small position on a "get to know them better basis". And this concern then arose - I did email them asking if I could drop in. Got a v late read receipt, but no response - which prompted my sale.

Gopher - I wasn't suggesting Mercedes would take in house. Presumably when SND acted as a design house, the customer would then contract directly with the manufacturer?

What's the incentive for Mercedes et al to change this to a model where SND act as a middle man? Greatly increasing the disruption risk.

[mally6] 09/2/2024 11:51

Back to 6 next week

[mally6] 09/2/2024 11:50

Congratulations was an obvious one must admit Elon musk bought a chip in the past years ago he probably bought some milk from Asda sometime in his life as well so what

[slicethepie] 09/2/2024 10:55

I have to ask why did you buy them in the first place if you had all these reservations about their business model? I have had this on a watch list along with Ensilica since float but have had concerns about their finances. herald inv trust bought them at float albeit a small position for them and they understand this industry.

[gopher] 09/2/2024 10:34

Likewise re ownership experience but think Mercedes etc are usually happy to outsource this speciality providing the company is financially sound and growing. In house speciality teams are not usually the way to go.

[firestarter1] 09/2/2024 10:09

How's my short doing you may askVery well mr Bridger very well Funny how people will slander me if I get a short position wrong but no congratulations when I was more than right Wait for 6p

[mally6] 09/2/2024 09:44

Shame such a good tech company uk government should fund such potential but no no spare funds after giving it all away to other countries

[garbetklb] 09/2/2024 09:08

I'm an ex holder - bought around 60p, sold around 20p. Not a great investment.

Quite interesting to see the share price antics yesterday...... The mention of Musk.
I asked them a question on an IMC presentation, which they didn't answer. And this was what I really wanted to speak to them about :

Their big idea was to go from being a design bureau to a supplier - designing, contracting with TSMC and supplying. But why on earth would someone like Mercedes (who I believe have been a customer) want such an arrangement? Regardless of what role the ASIC plays in the car, it's a bespoke component and should supply be interrupted, the production line grinds to a halt. You can't sell cars where, for example, the windows won't go up & down because the chip is missing.......
So why the hell would Mercedes want to deal with an outfit who can't even pay its employees? Except, possibly, as a contract designer.

I'm sure the contract would include provision for direct sourcing in the event of Sondrel going bust. But why would Mercedes want the hassle?

And, for all Sondrel's talk of £100m contracts, what's the margin on the supplying bit??

[slicethepie] 09/2/2024 08:56

Poor advice has got them into this situation. They are surrounded by advisers who only want fees and have no interest in the company. Unfortunately very few institutions invest in companies this small and the advisors don't know how to target hnw investors who are probably the source of capital for them

[mally6] 09/2/2024 08:49

Company has no money sure they will take the opportunity to raise some

[glavey] 09/2/2024 07:39

This is like a game of pass the parcel, except it's a bag being passed.

[dennisbergkamp] 08/2/2024 23:23

It’s the market potential - lets see where this goes but this could be huge

Worth a punt

D