Sectors: Technology
Weebit Nano Ltd. is an Australia-based company that develops semiconductor memory technology. The Company is focused on developing non-volatile memory (NVM) using a Resistive RAM (ReRAM) technology based on Silicon Oxide (SiOx). The Company is also a developer of semiconductor memory technology for the global semiconductor industry, confirms demonstration (demo) chips integrating its embedded Resistive Random-Access Memory (ReRAM). The ReRAM product provides higher performance and lower power memory solutions in a range of electronic products, such as Internet of things (IoT) devices, smartphones, robotics, autonomous vehicles, fifth generation (5G) communications and artificial intelligence. The Company’s demo chips, designed as a system on a chip (SoC), provides customers with physical samples of ReRAM memory technology within operational chips. Its demo chips also enable its customer to begin incorporating Weebit’s memory technology within their product designs.
Silex Systems Limited is an Australia-based research and development company. The Company is focused on the commercialization of its Separation of Isotopes by Laser EXcitation (SILEX) laser enrichment technology for uranium production and enrichment (nuclear power), silicon enrichment (silicon quantum computing) and other potential markets, which includes medical radioisotopes. Its segments include Silex Systems, Translucent and Silex USA. The development and commercialization program for the SILEX uranium enrichment technology is being undertaken jointly by the Company and by Global Laser Enrichment LLC (GLE). The SILEX Zero-Spin Silicon (ZS-Si) project is being undertaken with project partners, Silicon Quantum Computing Pty Ltd (SQC) and UNSW Sydney (UNSW) at its Lucas Heights facility. In addition, it has an interest in a semiconductor technology known as cREO through its 100% subsidiary, Translucent Inc.
After peaking last November AFRM has crashed over 90% in a move reminiscent of the Dot.Com bubble i.e. just because a company said they were going to expand into the BNPL market didn’t mean the roads would be paved with gold although AFRM remains a $US6.2bn goliath in the space. This is now a space that has the jitters, the question today is will the previously hot lithium space follow in the footsteps of bitcoin and the BNPL space?
Z1P -11%: fell despite talking up their prospects and saying that they had enough capital to see them through to cashflow breakeven in FY24 which is a positive, however more interesting was the point that a 25bps increase in base rate increased costs of funds on a per transaction basis by 2bps. Margins are already slim here + rising rates increases costs on one side and also hurts bad debts on the other. We’ve got this totally…
ALU develops electronic design automation software (EDA) that underpins printed circuit board design, and although we like the Sydney based business we cannot ignore the value contraction that’s washed through growth stock markets in 2022, even heavyweight Microsoft has corrected over 30%. Normally at this stage we would bore down into the fundamentals of individual stocks…
Yesterday, Apple held its first in-person event since the start of the pandemic, announcing that it was entering the Buy Now Pay Later space in the US, along with some changes to the MacBook and an update for the iPhone lock screen, essentially allowing a greater level of customization. While all this is interesting to think about, the main driver of Apple is iPhone sales – they are essentially an iPhone company, and this is the way that…
Software developer 360 owns / operates the Life360 app which allows people to track friends / family. The stock has been totally unloved over the last 6-momths with its shares plunging almost 80% from its 2021 high, the company reiterated guidance in late May but the markets clearly not convinced. The $610mn company is not yet making a profit but it did generate $US52.7mn of revenue in the March quarter with $US98.2 of cash reserves, a reasonable balance for a $610mn business.
MP1 has fallen over 70% from its 2021 high managing to underperform all of the mainboard ASX Tech Sector in the process to-date in 2022. MP1 is a global connectivity company essentially facilitating upscaling (and downscaling) of network capacity for corporates, important as we all move more towards the cloud. The business generated $27.9mn in revenue through the 3rd quarter of FY22, up 5% on the previous quarter plus importantly…
AD8 +0.57%: a positive sales update from the Audio-Visual hardware & software company failed to really ignite the share price. Audinate now expects revenue of over $US30m in FY22 after positive momentum in March & April continued throughout May. The guidance sits at least 5% above consensus expectations for the year and shows the company has continued to navigate short supply in the…
REA has corrected 42% from its mid-2021 high and is currently down 35% for the financial year after finding itself in two unpopular naughty corners i.e. property and high valuation growth names. This is a quality almost monopolistic style business with some useful pricing power but it currently is in the wrong place at the wrong time, the question is when has real value been restored – its still not cheap per se trading…
