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By Steve Moore | Monday 10 February 2025
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.
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?
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