Apple stops using UK chip manufacturer causing share price to drop 65%

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motoukenin replied

4 April 2017, 13:11
Originally posted by NotAllThere View Post

It peaked at over £700 five years ago - from then onward, it's been a largely downward trend. I can't see it recovering after the loss of half its business.

Similar to Brexit, we loose a 40% share of our export market but we fight to make that up. OK if we only make up 15% that will still push up the price a bit. Dont like the fact that a mid cap company is going to fight Apple in the law courts over intellectual property, thought that was a reserve of the large American corps only, still a David and Goliath match makes news which will also push the price up.
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NotAllThere replied

4 April 2017, 11:39
It peaked at over £700 five years ago - from then onward, it's been a largely downward trend. I can't see it recovering after the loss of half its business.
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tomtomagain replied

4 April 2017, 10:42
Originally posted by motoukenin View Post

Cr@p up 6.5% this morning , a 50K flutter could have made me just over 3K today

Yeah. That's called catching-a-falling-knife. And it could just have easily gone down another few %
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motoukenin replied

4 April 2017, 10:28
Cr@p up 6.5% this morning , a 50K flutter could have made me just over 3K today
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_V_ replied

3 April 2017, 19:54
Originally posted by centurian View Post

Apple themselves wanted to buy Imagination - now they can buyout the company at a fraction of the price

Indeed. Next week,

"Apple agree to buy UK chipmaker and all it's intellectual property for $1"
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centurian replied

3 April 2017, 19:10
Originally posted by motoukenin View Post

https://www.theguardian.com/business...-into-freefall

Could there still be money to be made here ?

Apple themselves wanted to buy Imagination - now they can buyout the company at a fraction of the price
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scooterscot replied

3 April 2017, 15:46
Bought over a million XRP a few weeks ago at 0.005, now they're 0.045

Forget the FTSE. Forget it, it's toast.
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NickFitz replied

3 April 2017, 13:29
Originally posted by motoukenin View Post

https://www.theguardian.com/business...-into-freefall

Could there still be money to be made here ?

It may not reach the level it was previously at but after a fall like that there's bound to be a bounce back.

Though by the time it's on mainstream news sites, it's probably too late to take advantage
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AtW replied

3 April 2017, 13:00
From lawsuits maybe...
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motoukenin started a topic Apple stops using UK chip manufacturer causing share price to drop 65%

3 April 2017, 12:56
Apple stops using UK chip manufacturer causing share price to drop 65%

https://www.theguardian.com/business...-into-freefall

Could there still be money to be made here ?
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