Dave Sweeney
28 Sep 2017
Re: Rival bidder ruled out Only ONE place my money has gone and will continue to go on, and that's IQE If you want to learn about the company, research it and make your mind up, just look at my posts on the III IQE BBGo back about 9 months and in particular look at 'reasons to be cheerful parts 1-5!!I made those posts PRIOR to the explosion in the SP Now that their VCSEL technology has inflected and going from strength to strength the potential for this company is HUGEMake your own mind up,
Tired and Confused
28 Sep 2017
Re: Rival bidder ruled out Well I rather thought that would be the case. Lets hope we can get on with getting our 182p ASAP.All parties have had months to weigh up the options and Apple clearly have had what they want from IMG and will continue to get anything they want from them in the future, if you know what I mean regardless of who owns them 
Don't forget that MIPS has been a complete waste of money for IMG bought for $100m in 2007 since when huge amounts of money have been, well lets be generous, 'spent' on development. The market valuation after all that reflects the true value of the business which is just $65m: A catastrophic business loss. It really is time for the techie's to recognise that regardless of their obsession with its technology and how important it will be in future this simply is not reflected in the sale price, those holding the purse strings simply don't agree with them and well, who knows best?. Business is business and this was a disastrous investment. So lets look to the future, when I get my money, whats hot out there to provide an investment and a home for 'Imagineers' to argue about!AIMHO
EyesonHawk2
28 Sep 2017
Rival bidder ruled out Imagination Technologies Sale to Canyon Bridge in the Clear as Rival Fund Ruled Out Imagination Technologies, the British chip designer selling itself to a China-backed buyout fund, said on Wednesday another potential buyer had ruled itself out, removing a potential hurdle to the GBP 550 million ($737 million) deal.The sale to Canyon Bridge Capital Partners, announced on Friday, is contingent on Imagination offloading its MIPS processor technology in a separate $65 million deal to Tallwood Venture Capital.Imagination said the MIPS sale could now go ahead without a shareholder vote after the unnamed third-party was no longer involved in the wider sale process."Imagination has now received confirmation that the relevant party is no longer actively considering making an offer for Imagination," the company said."Accordingly, the sale of MIPS does not require shareholder approval."Imagination put itself up for sale after Apple, its biggest customer, said it was developing its own graphics and video processing technology, sending shares in the British company down 70 percent.SEE:[link]
Sarahs husband
28 Sep 2017
China-backed fund on course to buy Imagination Technologies as rival bows out [link]
freedom-thirty5
27 Sep 2017
Re: Decided to buy some. Kind of weird this conversation you are conducting with yourself?![link]
Ripley94
27 Sep 2017
Re: Decided to buy some. Taker over offer @ 182p. will lose about £350 first buy 29/11/12 .loss is less due to July 17 average down.
marcher
27 Sep 2017
Apple guilty of global IP poaching? Apple stand accused of using unethical business practice that amounts to asset stripping by poaching employees from competitors and suppliers.Thanks to Caddie who posted original link that doesn't work now.Here is a working link:-[link]
Tired and Confused
27 Sep 2017
Re: Apple may have access to anything IMG develop in future by poaching staff and leaking. Industrial espionage if you will. It seems to me it is rather hard to keep IP development secret given the fluid movement of skilled people. Apple can always pay top dollar, yes?China could well be funding the development blocks of Apples products well into the future and all for a repetitively small, insignificant fine or two in the context of Apples wealth. Why pay to develop IP when you can obtain it by the back door, hasn't Apple been rather good at this in the past? Haven't they settled actions and paid the price for infringing patents before? Yes and you can bet the fines when you add them all up have been worth paying given the 'leg up' this has given them.Only thought and..........AIMHO
techno foxx
26 Sep 2017
correct web link for my last post techno foxsorry last post had wrong web link it was the seeking alpha article I was referring to.[link]
techno foxx
26 Sep 2017
techno fox talk about great minds thinking alike, either this is coincidence or it is as obvious to anyone withy half a brain?the strategic risks to Apple in and out of china?[link]
cooperboy
26 Sep 2017
Re: I can't see the british government getting involved. a) they have already been consulted and given assurances b) as you rightly point out we are trying to attract an influx of chinese money especially post brexit c) if the sale to china is blocked, another US company will then buy it at a knock down price, steal the technology and close down all the UK jobs.Frankly I would rather trust china than the US on this one
techno foxx
26 Sep 2017
techno fox ARM ready to swoop on Imagination if Chinese takeover blockedseriously, ring ring who is there it, is the Chinese embassy for Mrs May, its the Chinese Ambassador on the phone PM, dear Mrs May one of our companies is looking to invest in the UK buy buying a small company called IMG, Their have been some rather stupid stories that you might bethinking of blocking such a bid, however we think such a move might put at risk the billions we have already promised in inward investment to the UK like HS2 and the huge new Nuclear power stations, are you sure you want to put our relationship and past deals at such risk?Both Apple and Arm might well be looking to step in and pick up the pieces of any blocked bid, however given the Chinese have so much leverage over the UK Government, read my lips is not ever going to happen, no way.they either have to bid or step away from the table, both realising they have made the biggest strategic error in business history, not since Jerold Ratner called the stuff he was sell in his shops as cra# has such a huge mistake been made by the big US it companies, or Nokia when they decided that the smartphone revolution was just a fad and it would not last?history will prove me correct over time,
EyesonHawk2
26 Sep 2017
Tech Slide! Tech Slides on Valuation Concerns -- Tech RoundupShares of tech companies fell sharply as valuation concerns caused a retreat from this year's leading sector.Shares of Apple declined and are now down roughly 9% from their peak ahead of the new iPhone launch. "It's a case of a 'poisoned Apple' dragging down the whole sector," said Scott Clemons, chief investment strategist at Brown Brothers Harriman. "It's increasingly difficult for reality to match the hype of the new iPhone model, in this case, but tech models in general." The relatively small proportion of recently activated phones that were part of the iPhone 8 line raised the stakes for sales of the premium iPhone X model, whose orders will start to ship in November.Ahead of data on the iPhone X, the recent retreat in Apple's shares is part of the "inevitable price volatility and anxiety in anticipation of a new product release," said Mr. Clemons.China-backed investment firm Canyon Bridge Capital Partners agreed to buy U.K.-based chip designer Imagination Technologies, a key Apple supplier, for about $742.2 million.Facebook shares fell sharply after several reports about fake Russian accounts on the social network used to shape debate about the U.S. election.Still, Mr. Clemons said lingering concerns about the valuation of Facebook and other "FAANG" stocks may have more to do with the selloff than the negative headlines.In addition to Apple and Facebook, Amazon.com, Netflix and Google parent Alphabet -- the other mega cap tech stocks that have led the bull market -- all retreated, with Netflix falling by more than 4%."One of the things that has worried me all year, and really going back to the summer of 2016 is how narrowly led this market has been," said Mr. Clemons. Such concentration "tends to make for more fragile market when sentiment turns."Article:[link]
Tea42
26 Sep 2017
White Knights Discounting Following the announcement, I suppose it was only natural that there would be intense interest in the market on Monday and a high volume of transactions would take place. According to one pundit, Apple were even busily dumping their 8% interest to muddy up the waters.Well int the three RNS announced so far today, I notice :-Investment Limited (a wholly-owned subsidiary of funds managed by Canyon Bridge Capital Partners, LLC)(d) Date dealing undertaken: 25 September 2017 10p ordinary Purchase 5,086,002 1.7401 1.640010p ordinary Sale 3,653,886 1.7181 1.6300Some smoke stream !!!!!!!!!!!!Mirabaud Asset Management LimitedTotal Holding 2,722,952 Number of securities Price per unit10p ordinary shares sale 2,000,000 171.064110p ordinary shares sale 312,066 173.529510p ordinary shares sale 107,199 17310p ordinary shares sale 157,913 171.014 Shorter?Jefferies International Limited Purchase 2,202,025 177.00 163.25 Sale 2,202,025 175.50 164.00 Bad Day ! Presume not much room for anyone else, or is this lack of interest by competitors building up a position?
srsm
26 Sep 2017
Men Against Boys. Neural Network Morning, And still great products are coming out. Neural Networks now part of the mix. Heartening to see a bit of swagger from IMG. And a willingness to mock the competition. PowerVR Series2NX. [link] this [link] a smartphone manufacturer announced that its hardware used to enable face detection for unlocking the phone offered 600 billion operations per second. A single core of our initial PowerVR 2NX IP, running at a conservative 800MHz, can offer up to 2048 MACs/cycle (the industry standard performance indicator), meaning we can run over 3.2 trillion operations a second – twice our nearest competitor... it’s men against boys.". I assume this means 5 times faster than the "smartphone manufacturer" and 2 times faster than another rival.The former is of course Apple. [link] up to 600 billion operations per second"I doubt that Blog post would have been written like that a few months ago. So much potential with this company.
