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EnSilica – “Design & Supply contract award” but what about a results announcement from this supposedly one of the “Best Use of AIM” companies?!

By Steve Moore | Tuesday 15 October 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “a leading chip maker of mixed signal ASICs”, EnSilica (ENSI) has announced what CEO Ian Lankshear emphasises is “another excellent win for EnSilica, further underpinning our position as one of the leading custom ASIC suppliers for industrial and automotive applications… adds to the strong portfolio of ASICs we have in the design phase, further supporting the visibility of our recurring revenues”. So what of a share price currently up towards 50p in response?
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