Ghulam Abbas

🔴Rachel Reeves has now raised your taxes to a level Britain has not seen since 1945. The IMF told her today she has hit the limit Frozen thresholds mean basic rate taxpayers lose an extra £220 a year, higher rate £600. That's a weekly food shop gone, or a month of energy bills, before anything else goes up 700,000 more people are being pulled into paying income tax for the first time, and a million more onto the 40% rate, because thresholds stay frozen until 2031 while wages rise Total tax take hits 38.5% of GDP by 2030, the highest peacetime level on record. Reeves added £26 billion of tax rises in November on top of £40 billion the year before The IMF says there is no more room. Their fix is to cut the state pension triple lock and welfare instead. If you're retired, that means a smaller state pension rise every year while everything else gets more expensive You earn more, you pay more, you keep less. That is the plan until 2031 Follow me to stay informed

Twenty-six years ago, U.S. was world’s dominant trading power; today, China has overtaken America as top goods trading partner for most countries globally … this @VisualCap map compares whether countries traded more with U.S. or China in 2000 and 2025, based on total bilateral imports and exports using @IMFNews Direction of Trade Statistics data

@ReneSellmann AMTM: record setting contracted backlog of $48 billion. Shifting toward high-margin digital solutions and nuclear energy programs. Aggressively paying down debt. Shares highly attractive to value investors, trading at a steep discount to their intrinsic value and industry peers.

Let’s generate ideas to research further! Pitch your favorite investment idea (in 3 sentences or less) 👇🏻

With President Trump’s visit to Beijing, investors are having to ponder whether the US-China relationship is shifting to something less confrontational (obviously it is, since US attempts to isolate China have failed). This is hardly the only consequential shift unfolding in China. Specifically: - China is moving from deflation to inflation - Chinese companies are no longer all about producing somewhat inferior goods at much cheaper prices. Instead, genuine global leaders like CATL, Hesai, BYD… have emerged in various industries. - The Poliburo is no longer encouraging banks to send good money after bad in a bid to build up domestic self suffiency across industrial sectors. Instead, “anti involution” is now the key policy buzz word. - instead of falling, the RMB is now rising. This encourages domestic savings to stay home. - In a historical first, Chinese corporates are now returning more capital to shareholders (through buybacks and dividends) then taking from investors (through IPOs and rights issues)… Any one of these shifts would be important. Together, they make for a potent combination. For more on this, here is a recently published Gavekal report. Constructive feedback (ie: not cheap cliches) welcomed… research.gavekal.com/article/the-ch…

In the last 6 weeks alone, Google $GOOGL has added close to $1.5T in market cap. That's more than the GDP of all but 15 countries on Earth. Gained in 6 weeks. By 1 company. At $4.9T, Google's valuation exceeds all but 3 countries on Earth.

I still stand by my early view that the war is effectively over, and a deal is the only way forward. It may take time, but it will happen. Not because either side has forgotten the past, but because both now understand there is no durable military solution to this conflict. In the meantime, expect continued positioning with each side trying to build leverage through calibrated pressure, whether in the Strait of Hormuz or through limited, indirect actions like we saw in the Gulf yesterday. That said, while tensions will persist, the risk of a major miscalculation remains low.

We thought we were getting a TACO "Trump Always Chickens Out" But so far we are getting a NACHO "Not A Chance Hormuz Opens" (With appreciation to the trader who told me)

@MacroBombastic @unusual_whales $CF stock is the best. Benefits from low USA natural gas prices. $MOS margins get squeezed with high Nitrogen Fertiliser prices.

@unusual_whales bro food inflation is just a mathematical certainty now, time to stack some $MOS and $NTR before the grocery bills crush us all

More than half of the Middle East’s urea output may have been lost since the start of the Iran conflict, according to CRU, threatening global food inflation, per Bloomberg

As well as spacetech ramp up by $ENSI. They are also one of 3 semiconductor companies selected for UK CHERI Adoption Collective, takes a bit of digging on government website but those companies are $ARM $STM and then $ENSI.

@JextremeJ @InvestmentGuru_ @AST_SpaceMobile Yes. A £78M chip company just listed on US markets. → £250M contracted long-term revenues → £400M sales pipeline → Contracts with the UK & European Space Agency → A £5M gov quantum security contract → An Edge AI chip worth $50M+ in production revenue $ENSIF / $ENSI

@ghulam_79 @InvestmentGuru_ @AST_SpaceMobile Are you talking about this? ensilica.com

10 Under-the-Radar Tech & Semiconductor Names Worth Watching $HIMX — Taiwanese fabless semi leader in display driver ICs + automotive displays. IBM partnership in play. Q1 earnings May 7. Stock up 36%+ from March lows. WiseEye ultralow-power AI sensing = hidden edge AI angle. $TRT — Trio-Tech. Revenue up 82% YoY in Q2 FY2026, led by AI chip final testing services (+113% segment growth). $5.3M burn-in board order for next-gen AI GPU platform. $2.5M automotive IDM burn-in contract ramping through 2026. Tiny cap, massive AI testing exposure. $SHMD — Schmid Group. German advanced PCB + semiconductor packaging equipment maker. Secured major order for wet-process equipment supporting AI & HPC infrastructure. Delivered first InfinityLine H+ panel-level packaging system to a leading U.S. tech company. high risk $OPTX — Syntec Optics. Vertically integrated U.S. optics manufacturer. $2M AI-powered AR camera order for U.S. warfighters. $4M+ in defense orders in March. LEO satellite optics ramping — on track to nearly triple 2026 deliveries. NDAA domestic sourcing mandates = structural tailwind. Stock up 7x in 1 year. $QUIK — QuickLogic. Radiation-hardened FPGA play. $89M SRH FPGA prime contract ceiling. $13M contract tranche secured. New eFPGA design win on 12nm data center ASIC. Defense + commercial dual-track revenue building. Underowned, underknown. $NOK — Nokia. Q1 2026: revenue +4%, operating margin expanded 200bps, free cash flow €629M. Optical Networks booming on 800G demand, €1B in new orders. Infinera acquisition synergies flowing. AI + cloud infrastructure = Nokia’s second act. $ALMU — Aeluma. III-V-on-silicon photonics platform. NASA award for quantum dot laser platform. $4M+ in U.S. government contracts in April alone. Targeting AI interconnects, defense sensing, quantum & AR/VR. Revenue inflection expected 2027-2028. Tower Semi + Sumitomo as foundry partners. Early-stage, high-conviction speculative. $LPTH — LightPath Technologies. Vertically integrated IR optics + camera systems. Black Diamond glass + G5 Infrared acquisition. 2026 NDAA beneficiary — domestic infrared optics sourcing mandate. Up 473% since 2018. Defense sensing and thermal imaging long-term compounder. $OSS — One Stop Systems. Rugged GPU-accelerated edge compute for defense. 20-25% revenue growth guidance for 2026. $10.5M in new U.S. Navy + defense contractor awards. P-8A Poseidon lifetime revenue now $65M+. Returned to profitability in 2025. AI-on-the-battlefield is the entire thesis. $LPKFF — LPKF Laser & Electronics. German laser systems maker for PCB prototyping, semiconductor packaging, plastic welding & solar. OTC-listed. Revenue ~$135M TTM. Stock up ~95% from 52-week lows. Warburg Research maintains Buy rating.  Earnings Apr 30. Morningstar fair value estimate $59 vs current ~$15 — significant implied upside if demand recovers. Niche but critical in advanced electronics manufacturing. defense tech, AI sensing, optical systems, laser manufacturing, and rugged compute — the hardware layer of next-gen warfare and AI infrastructure. Not the flashy names. The picks and shovels for the decade ahead. Not financial advice.

@Valuehunte Best small cap European company: $ENSI. The designer of the custom AST5000 ASIC for @AST_SpaceMobile, EnSilica is the "brain" behind the world’s first space-based cellular broadband network. With 10x bandwidth gains, they are literally powering the future of connectivity.

Who's the best microcap investor with a European focus, you know?

@JKeynesAlpha Please do a write up on $ENSI. Small Cap UK company that designs the custom AST5000 ASIC for @AST_SpaceMobile, EnSilica is the "brain" behind the world’s first space-based cellular broadband network. With 10x bandwidth gains, they are literally powering the future of connectivity

🤔A friendly note for anyone scrolling through fintwit feeling like everyone else is printing big gains while you are stuck. The account screenshots do not matter. I know that is hard to internalize when your timeline is full of six-figure and seven-figure portfolios, daily gain screenshots, and people posting their broker windows like trophies. The truth that is a lot of what you see is manufactured. Some of it is outright fake, edited screenshots designed to build a following or sell a course. Some of it is real numbers but heavily curated, where you see the winner and never the three losers that came before it. Some of it is real performance on a small base that will revert the moment position sizing meets a real drawdown. Almost none of it is the full picture of someone's financial life, real decisions, luck, intelligence, risk tolerance, or time horizon. Comparing your account to a stranger's screenshot is comparing your reality to their highlight reel. The math does not work in your favor, and the emotional cost is real. Jealousy clouds judgment. It pushes you into chasing trades you have not researched, sizing up positions you do not actually believe in, and abandoning theses right before they work because someone on the timeline made you feel slow. Know yourself. Know your time horizon. Know what kind of risk lets you sleep at night. Know which theses you have actually done the work on and which ones you are borrowing from someone else's confidence. This is exactly why I run a deep research subscription and not a trade room. I encourage people to curate a watchlist and think for themselves. In most trade rooms you are not the customer. You are the exit liquidity for a big market mover who needs somewhere to unload. The structure is rigged against you from the moment you walk in. Someone with size accumulates quietly, posts the alert, watches the price pop on the buying pressure they manufactured, and sells into the very crowd that paid them for the call. Deep research flips that incentive. The work is the product. You read the thesis, you decide whether you agree, you size it according to your own conviction and time horizon, and you hold it because you actually understand what you own. There is no urgency to chase a fill, no pressure to act on a Discord ping, no gamification of trading. Just the underlying business and the framework for evaluating it. Follow good theses. Be patient. Run your own race. The people posting big account screenshots today will be quiet during the next correction and a different group will rotate in to post the next set of massive account screenshots. The cycle never stops. Your job is to stay out of the comparison trap entirely and focus on the work. You will get there. The path is just longer and quieter than the timeline makes it look. X is structurally designed to make steady progress feel deficient. The algorithm rewards extreme outcomes and screenshots of huge wins. Patient compounding does not generate engagement, so you almost never see it even though it is what actually builds wealth. There is also a strong incentive for accounts to present themselves as trading gods, because the appearance of infallibility is lucrative. Consider those incentives carefully when you scroll and think about where you fit into their business model. Run your own race at your own pace. Think carefully about what market caps your picks sit at and what they will be in the future, monitor them closely, and do not let anyone trash what you know to be true after you have done the work. If you know what you own and why you own it, if you are buying cheap before the crowd shows up, and if you can hold through the emotional stretches that shake out weaker hands, you are already a winner. The screenshot day will come for you too. That is fine. That is actually how it is supposed to feel.

@MarketMatrixs If you like $ASTS you will love $ENSI. Small Cap UK company that designs the custom AST5000 ASIC for $ASTS. $ENSI is the "brain" behind the world’s first space-based cellular broadband network. With 10x bandwidth gains, they are literally powering the future of connectivity.

$ASTS is a trillion-dollar company in the making $OSCR is a $100B company in the making $ADUR is a $100B company in the making $AMD is a trillion-dollar company in the making $NBIS is a $500B company in the making.

@OnodaCapital Keep an eye on $ENSI. Small Cap UK company that designs the custom AST5000 ASIC for @AST_SpaceMobile, EnSilica is the "brain" behind the world’s first space-based cellular broadband network. With 10x bandwidth gains, they are literally powering the future of connectivity.

Don’t worry, you haven’t missed it. Lots of <$5B MC semis companies that you can buy before they’re all $100B

$ENSI - Ensilica stands out as one of the most compelling undervalued opportunities in the European semiconductor sector today. $TSM $ARM This British fabless ASIC and SoC specialist, with over 25 years of expertise, has quietly built a formidable position designing highly complex mixed-signal, RF, and mmWave chips for some of the most demanding applications in automotive, satellite communications, industrial IoT, and safety-critical systems. What truly sets Ensilica apart is its rare combination of deep technical excellence and a complete turnkey delivery model. Rather than simply handing over a design, the company manages the entire journey - from initial concept through to volume manufacturing, packaging, testing, and supply-chain logistics. This end-to-end capability is especially valuable for customers who want a single, reliable partner in an increasingly fragmented global chip industry. At the heart of its technology is a strong focus on “Safe & Secure Silicon,” meeting the highest standards for functional safety (ISO 26262 ASIL-D) and cybersecurity - critical requirements in automotive chassis control, radar, LiDAR, and next-generation satellite beamforming. The company’s partnerships with the world’s leading technology players add tremendous credibility and momentum. As an official TSMC Design Center Alliance member since late 2024, Ensilica enjoys direct access to TSMC’s most advanced process technologies, PDKs, and production support - already having shipped millions of ASICs through the foundry, including a high-profile chassis controller for a premium SUV. Complementing this is its long-standing status as an Arm Approved Design Partner, allowing it to integrate Arm’s Cortex cores and physical IP into first-of-a-kind, security-focused solutions with speed and confidence.These strategic alliances are not just impressive on paper - they translate directly into accelerated time-to-market and a robust project pipeline. With 95% of its FY2026 revenue guidance of £28–30 million already secured under contract, Ensilica is delivering strong growth (H1 FY2026 revenue up 37% year-on-year) while moving into positive EBITDA territory. Yet despite this progress and the clear tailwinds from megatrends in automotive electrification, satellite connectivity, and industrial digitalization, the market has yet to fully recognize the opportunity. At a current market capitalization of around £60 million, Ensilica trades at a forward price-to-sales multiple of roughly 2x - strikingly low compared with peers in the ASIC and satcom spaces that often command 5–13x. For a company with proven execution, world-class partnerships, and a scalable engineering team across the UK, India, and Brazil, this valuation appears significantly undervalued relative to its medium-term potential to exceed £100 million in annual revenue and deliver substantially higher margins.

@CoffeeStocksGuy Keep an eye on $ENSI. Small Cap UK company that designs the custom AST5000 ASIC for @AST_SpaceMobile, EnSilica is the "brain" behind the world’s first space-based cellular broadband network. With 10x bandwidth gains, they are literally powering the future of connectivity.

initiated a new position in my portfolio. the key to the SpaceX supply chain. space. small-cap. building the future. full research report dropping in a couple of hours. do not miss this one… filtronic. $FTC

The irony is that we are chasing an ever-narrowing window of hope. First, we traded on headlines of 'ending the war,' then it was 'a ceasefire.' After that, we traded on the hope of a partial, temporary opening of the SoH, and then we were reduced to hoping for just a single round of negotiations. Now, we are trading on the expectation that the maritime blockade will be lifted—just so that a single meeting can even take place. As the focus narrows, it drifts further away from the truth and any fundamental change. Yet, we have become more obsessively fixated on these increasingly meaningless details. Looking back, it was almost better two weeks ago when the market reacted to the nonsense of 'a new era of peace.' At least that felt like change. Now, we are further from that than ever, yet trapped in an obsession with the trivial. They have done a masterful job of blurring the essence of the situation. #oott #iran

Just in 🚨 Strait of Hormuz will now be open only during regular US trading hours. Monday to Friday 9 to 5. Closed on weekends.

You get rich by taking big risks with small money. You stay rich by taking small risks with big money.