Most recently writing on company describing itself as “a leading chip maker of mixed-signal Application Specific Integrated Circuits” EnSilica (ENSI), in November with the shares falling back below 50p I questioned its argued remains well positioned from both a financial and operational perspective. The shares most recently closed at 49p and now results for its half-year ended 30th November 2024 headlined “Chip supply revenue more than doubled and five design & supply contract wins, with more expected by year end. Successful implementation of strategy centred on exploiting high-growth and tech-driven markets”. So what of a current more than 9% further lower share price in response?
Despite efforts to reduce dependence on China for critical materials, Europe remains heavily reliant on Chinese resources.
It's time for the ShareProphets Sunday Pub Quiz. There are no prizes! Remember, no Googling!
And yet again, Nigel Somerville is the most read non-Tom article, at number 1 or number 1 including Bearcasts for The View From The Montana Log-Cabin As Gold Sets More Records.
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