Simon,Do we have some idea on valuation, debt, profit etc?Looks good,Robin
On 12 Dec 2021, at 10:27, Simon Stephenson <simon@xxxxxxxxxxxxxxxxxxx> wrote:
Dear All
I was asked at the last meeting to do some research into two new companies:
I have attached my notes on Enovix and Coinbase: In summary:
Enovix merged with a SPAC earlier this year and is an interesting part of the rapidly growing battery sector – developing silicon anode technology for smaller devices. My recommendation is to buy
Coinbase in simple terms provides a cryptocurrency exchange and on the surface would seem to be an interesting buy as it would allow us to stay in crypto but with a less volatile investment. Currently however it would seem to be inexorably tied to the fortunes of the currencies which are being traded and follows their fortunes rather too slavishly. I would suggest that we keep an eye on this for the future but do not invest now.
With best wishes
Simon
