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Link to video? TIA
800G(+?) to be demo’d at OFC.
LightBar next up.
POET roster is almost as deep as…
E…A…G…L…E…S EAGLES!!!
Remarkable. Gotta love this stock. First, they reported a partnership with Sanan IC, a $14 billion company who is funding their joint venture to the tune of $50 million (USD).
(Realize how hard it is to get Chinese company to invest in a foreign company’s technology?)
Today this, a $30 billion (USD) Chinese company as a lead customer for 400G and 800G Rx (receive) optical engines.
https://finance.yahoo.com/news/poet-technologies-partners-luxsharetech-announces-120000530.html
Crickets here, and pretty much among investors, still a market cap of less than $200 million, and so much more to come has the company keeps telling us).
Imagine if both of these partnerships were with US or Western European companies of this size? Market cap/ SP would easily be a multiple of where we are today. Instead, we sit below $5 per share. Pretty sure that will be changing, and soon.
Lazovsky too
Great day! Pre-market at $5.50, news and coverage increasing, great article that addresses POET in a way new investors can understand, video explaining ADVA news demonstrates the practicality of POET solution to the rest of the industry. Institutional buying will increase and create a more solid floor. And our market cap is still under $250 million, so much room to grow.
Correction to my prior post. I said “I see their contracted social media person is on Reddit saying much more to come, it’s not the first I’ve heard it and it almost sounds like they are preening.”
It was not their social media person who said this, it was a comment made to his post, apologies and disregard my comments with regard to this.
Too kind strik, I’ve been wrong and or way off timing wise way too often. Looking back it’s easy to say that as a developmental company must do, they strung us out far too often and far too long, or severely overestimated the cache that POET would do have in the earlier stages.
I see their contracted social media person is on Reddit saying much more to come, it’s not the first I’ve heard it and it almost sounds like they are preening.
When it’s this company doing it, given their 5 year history of being very conservative or even muted about what’s coming, I’m betting on bigger news on the horizon.
Just a thought, if it does come and the SP hits $10, follow the market cap action. If it holds $500M and is still moving, it has a real shot at $1 billion. It may not hold that, but it could get pushed there. Look no further than LWLG when that happened for the lesson. Proto can vouch, I made a killing buying puts, not because I disbelieved in LWLG, but because I could see it was getting played, especially on their iHub board by traders.
In short, give it a chance to overshoot if you can.
Still a lot of dots that connect to Broadcom and others.
While I’m always suspicious of pumping when a stock takes off like this, this is solid news that further validates what POET is doing.
Suresh promised more substantial news this month so maybe this will get some real traction, and if we push over $5 USD, the institutional buying should kick in again. So I’m bracing for a longer ride, maybe back to the low double digits over the coming months. GLTA
Promo news release, but excellent details.
https://themarketherald.ca/poet-technologies-powering-the-next-generation-of-everything-2023-01-05/
“In 2023, POET Technologies forecasts production for numerous products, including:
400G/800G/1.6Tbps Transmit (Tx) chiplets based on directly modulated lasers (DMLs) and integrated drivers
800G/1.6Tbps Receive (Rx) chips with integrated TIAs (trans-impedance amplifiers) are scheduled for customer sampling in Q1 2023
800G and beyond Thin Film Lithium Niobate-based Tx solutions are scheduled for customer samples in the first half of 2023. The form factor of this design supports integration up to 1.6Tbps.
Alpha samples of C-band Light Engines have been delivered to a contracted customer in the AI space, and production is expected to start in the second half of 2023.”
KCCO, I had all but given up on winning the bet as you know, never expected what transpired in the last weeks.
I will get you a receipt for tax purposes, hopefully to defray some of the huge gains you make in 2023.
One thing we can be sure of, it’s never as fast as we would like to see things happen. Be nice to see that change in 2023.
Also, Slide 4, Active Customer Engagements, last column, Customer Expected Production (4 in first half of 2023, 6 in second half 2023).
Orders, of course, must precede production.
11/21/22 Zacks Research Report
For the short version, go to slide 7.
https://s27.q4cdn.com/906368049/files/News/2022/Zacks_SCR_Research_11212022_POET_Thompson.pdf
Happy New Year
Maybe they’ll announce 800G on December 30, but probably not. Dropped you an email KCCO.
There won’t be another reverse split. I’m more interested to see if they do any insider buying now that 2q reporting is done. At some point the folks driving this down will see more opportunity to the upside and that could be the catalyst. But if they don’t buy, and they have been tone deaf to share price and shareholders in the past, we might drift further downward.
Present day I am devastated both by the decision to go to the NASDAQ without an imminent book of business, truly poorly planned and it reflects badly on the “sub committee” that made the decision. Flog them. I believe, while we would have taken some hit, we’d be sitting at $6 + right now if we had waited it out on the Venture. Doesn’t matter to the true believers, but it certainly does to me when I look at my portfolio.
I’m more sanguine about the future, and I do believe that the trigger will be the 400G transmit engine completion and move to sampling. That does place them at 800G/1.6T and suddenly a whole lap ahead of the field, should trigger valuations that take into account many years into the future.
If I were new, I’d nibble a bit at these sub 4 levels, even if it falls further, but I’d have my biggest bag of cash available for the successful 400G transmit announcement. I suspect a big industry player is lying in wait to get a piece of the company when that happens. I’m guessing only, but, given the current SP action, I’d like to think that announcement will come around the time of the AGSM in mid October.
Hey strik, all good here, glad to see you, nice timing I believe. Hope you have been cashing in elsewhere, smart on your part.
Got beat down 50% with market and lack of news, not dropping below $5 anymore. Production starting in 3rd quarter, 400g products no less!
I’m thinking their North American partner(s) are big and product announcements for TxRx products (transceive) will trigger big news. These receive engines are the first piece. Low downside risk to add and this news may not drive SP up yet, so opportunity to buy low should remain for at least a little while, next week usually very slow for market.
POET all over Stephen Hardy’s Friday 5, safe to say we are on our way.
https://www.lightwaveonline.com/optical-tech/video/14235356/friday-5-video-for-march-11-2022
I had wondered why they were demo-ing these products per release,
“POET’s Optical Engine products will include a 200G FR4 TX (transmit) engine and a 400G FR4 RX (receive) engine which will be demonstrated live”
then I realized that a) they are not integrated TxRx, so b) products not being designed under NDA for specific clients and c) they will still give excellent preview to prospective customers of POET OI capabilities at highest speeds.
I think these could create quite a buzz at OFC.
Four people posted here today. A day when POET announced a supply deal with leading edge AI company who is servicing the 800 lb gorillas of industry and providing a wafer scale technology that is not seen anywhere else in the world.
Opportunity knocks, but as yet, few but the long standing loyalists to POET are seeing this.
OFC will be an eye opener, the current share price, even with a 10% jump today, remains incredibly low relative to the potential, and more importantly, to the commercial adaptation of this technology.
Expect the market cap to double and the eyes showing up here to increase by 10x over the next 6 weeks.
POET will supply external light sources utilizing its Optical Interposer platform, Celestial AI is working closely with Broadcom/Meta and will compete for its share of what will be a $70 billion chipset market by 2025. Deal includes both supply and ongoing development.
https://www.globenewswire.com/news-release/2022/02/10/2382843/0/en/POET-Technologies-to-Supply-Celestial-AI-with-its-Optical-Interposer-based-Integrated-Light-Engine-Modules.html
Sorry, one more, does his receipt of a single dollar trigger or revive any liens or claims against him related to these securities?
1. Why didn’t this guy try to sell any on the open market?
(Because he knew his shares had no legal standing?)
2. Is he just looking for a quick pay day? Get a quick settlement before the hearing and walk away.
3. If he actually wins, does he lose, shell value collapses? Back to #2
4. Over the years has he filed appropriate tax and securities documentation and paid any taxes that would support legitimacy of his claims?
5. Any pending actions that would cause this person to be detained if he does show up for the hearing? Does he even risk an appearance?
All in all, this could simply be a grift, an attempt to extort a pay day out of nothing. Guess we will find out soon enough.
Searched for GOFF on Discord, no luck.
CFO bought shares today, maybe not an amount that demonstrates conviction, but at least symbolic enough to suggest that the company may finally begin living up to its commercial expectations. 25,000 shares. Lots of room to run, let’s see what kind of news comes along.
https://ceo.ca/api/sedi?symbol=ptk
Venkatesan of POET has a base salary of approximately $400,000 and with options valued at roughly 2x salary. He has more than 15 million options expiring from 2026 thru 2031. (I am not a fan of 10 year options, I believe a 4 year expiry is more appropriate and shareholder friendly.)
Insiders transactions are limited to a rough time frame of one week after quarterly results are released and one week before end of a reporting quarter, so timing is not a surprise.
Leave judgment to individuals regarding significance, selling is seldom done for a single reason, but one of the obvious reasons is usually liquidity, because of the strict limitations on when buying or selling can be done, unless transactions are scheduled in advance, per compliance with guidelines.
Should be fun, thanks Proto!
Nice, something to look forward to. Happy New Year!
Oh, KCCO7913, I’m on that bet all day long. We can share contact info with an honest broker (I can contact someone we can trust that is part of both communities and see if he will be our middle man). Or, I am on Reddit, same username, you can request a PM and we can exchange there. But I want public confirmation and no bs.
To confirm, you are saying that on December 25, 2022, LWLG’s market cap will be 5x (or greater) than POET’s. (MC)LWLG/(MCjPOETF > 4.99.
To be legal, if I win, you will make a verifiable donation to Animal Rescue League of Berks County, PA, contact provided when needed. Let me know your choice of charities if you win. Can’t wait! Are you in?
Squaregroup, to be fair, you were offered this first and you have first shot, but if you do not want it, I am definitely in.
With a tip of the hat to my friend Leb, who posted this to our Slack group:
https://poet-technologies.com/docs/presentations/POET%20Moneyshow%20Deck%20R%20-%20Dec%207%202021.pdf
slide 13: “POET’s commercial focus about to turn to wearable devices, and mobile and medical devices, representing an attractive 2025 TAM of >$48B”
POET has already indicated a capital raise would likely be done in conjunction with a Nasdaq listing to raise $20-30 million to fund the move into this vertical.
This is a humongous market dying for a viable photonics solution. POET apparently sees a clear path for their tiny OI to be fitted for all types of diagnostic devices and wearables. A wafer scale solution is extremely durable, has the form factor for miniaturization required, the sensitivity for extreme accuracy and can be mass produced.
The fact that the company has already specified a Chinese or Korean company as their prospective partner strongly suggests negotiations are already underway and it’s very possible that such a partnership would be announced in the first half of 2022.
It’s clear there is already a frenzied battle to build a position here based on after hours games being played. I’m with you Jerry, this looks like anticipation of the gaming/NFT app acquisition.
The best way to look at this is not SP, but MC.
If they do complete that type of acquisition, the U25 demographic will explode and market cap could be propelled from the current $35 million range to 10x that amount, making them an acquisition target themselves in the $500+ mil range.
Compliments of oldgreg on Agoracom,
https://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=5201301336419042&topic=PTK:CA&symbology=null&cp=null&webmasterId=92583
POET getting a write up on Motley Fools is a big deal. My guess it’s more directed specifically toward LIDAR than EV itself, but the platform has very broad utility across many applications so…
Runner runner! Market starting to embrace the fundamentals, when they realize the potential that NFTs have to multiply the earnings 10x, look out.
New DD just released. NFT market could be huge, mechanism already in place with their “virtual gift” exchange.
https://seekingalpha.com/instablog/91894-john-gilliam/5666612-paltalks-nft-pivot-and-social-media-surge
Not a clue, but I would suspect a push of real news before considering the RS. Give Nasdaq investors a whiff of what is coming, reduce the ratio and plan a stream of news to accompany the new listing. Ideally a $2.50-$3 SP before a 3 or 4 to 1 RS, which gives a share price that tech funds can jump in to.
Your Q:
What % of the Sanan IC/SuperPhotonics JV does POET own? I’ve found 47% in a document on their website but did not find the JV agreement.
Doesn’t this in theory mean POET only gets half (+/-) of the value of what’s being developed? Assuming that’s the primary revenue driver…
Good question, it’s been awhile since this was discussed. The agreement provides SPX (SuperPhotonics) with global 100/200g markets and 400g in Asian markets.
But this is for those specific product lines only, not other applications under development. The trade off is that POET gets access to mass production capabilities to generate greater revenues in those product lines on an accelerated basis. Otherwise, they would have had to find another partner, or fund such growth themselves and the ramp may have been much more gradual.
This will ramp with additional news. They will not rush to the Nasdaq listing until they have news that drives the SP well over $2, why “hold it down” then? I expect an announcement of a major data/comm engagement, then the move to the Nasdaq gets announced, and an ongoing series of contracts for product as beta samples move through their respective timelines. Its real share price, even adjusting for a future reverse split, will be multiple of its current share price. The greatest downside risk is if wafer shortages get worse instead of better.
100% Proto, these companies and their technologies are far more complimentary then competitive. What will be proven is that what is good for one, valuation wise, will be good for the other in bringing further market attention to the viability and practicality of these photonics enabling technologies.
This is a must read article largely overlooked (big surprise!) last week.
https://www.gophotonics.com/interviews/details/interview-with-vivek-rajgarhia-from-poet-technologies
As word finally gets out and production commences (later this year), the stock will absolutely explode. This is a “12 in 12”stock (12x current valuation will be achieved at some point in the next 12 months).