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Akoustis was a manufacturer of 5G radio filters with
early success in WiFi 6(E) designs. Unlike
Resonant,
I saw it potentially benefiting from the push toward domestic
manufacturing. That seemed to be affirmed by
support
from
Schumer
starting in the Fall of 2022. However, post-pandemic supply chain
issues hampered growth; I
always
warned that mass manufacturing is deceptively difficult and the
company almost certainly had a longer runway to sustainable returns
than many were expecting.
My first major
warning
came at the beginning of 2023 when the company diluted shareholders
far more than necessary ahead of its application for domestic
manufacturing stimulus funds. That was followed by
concerns
about government paralysis and litigation from Qorvo. From there, I
was treating even good news from Akoustis with caution,
calling
it "a company that will need M&A to realize its full potential
in the short term." Ultimately, government funding never came
through before delays and legal costs forced more
dilution
as Qorvo
sued
Akoustis
into
the
oblivion
that winds up awaiting most GRoDT stocks.
I see this coverage as yet another example on how experienced,
balanced and timely coverage can help investors who wish to dabble
in such stocks from avoiding total losses.
Updates: |
?3 |
Akoustis 2Q22 schedule, Schlumberger JV and trade notes | 14:04 01-Sep-22 |
+2 |
Polestar 1H22 results and more | 13:41 01-Sep-22 |
+3 |
Akoustis WiFi 7 order and more | 08:54 24-Aug-22 |
+2 |
Ebix 2Q22 results, Akoustis 5G sample, and more | 12:24 09-Aug-22 |
-2 |
New Fortress 2Q22 schedule and more | 12:16 25-Jul-22 |
+1 |
numbers vs the media and politics | 07:29 20-Jul-22 |
?2 |
Himax 2Q22 schedule and other semiconductor news | 12:58 13-Jul-22 |
-1 |
BGC 2Q22 and semiconductor updates, plus much more | 09:03 01-Jul-22 |
+3 |
Akoustis DARPA contract and trading notes | 11:59 24-Jun-22 |
-1 |
charts for May 2022 and macro comments | 09:57 14-Jun-22 |
+4 |
Akoustis ramps Aruba WiFi 6E access points and more | 09:30 02-Jun-22 |
+1 |
Total backs Clearway, PPL RI purchase complete and more | 08:29 26-May-22 |
?3 |
Akoustis 3Q22 results | 10:00 02-May-22 |
+2 |
MACom 2Q22 results | 09:45 28-Apr-22 |
+3 |
Akoustis & Amsc orders | 09:34 27-Apr-22 |
?3 |
Akoustis 3Q22 schedule and trade notes | 06:53 26-Apr-22 |
?2 |
market notes, ABB 1Q22 results, Westport & Nokia schedules | 10:28 21-Apr-22 |
?1 |
Clearway 1Q22 schedule and market color | 18:22 11-Apr-22 |
?2 |
Virtu & ABB schedules plus trading commentary | 17:06 05-Apr-22 |
?1 |
Westport 4Q21 results plus view for the week and summer | 17:25 14-Mar-22 |
+3 |
LNG and semiconductor consolidation thoughts | 18:04 22-Feb-22 |
?2 |
inflation, telecom news, and trading update | 20:08 10-Feb-22 |
+1 |
car news, the new cold war, and Telus 4Q21 schedule | 11:14 07-Feb-22 |
+1 |
implications from tech earnings | 09:17 04-Feb-22 |
+3 |
Akoustis 2Q22 results and new customers | 11:14 31-Jan-22 |
+1 |
MACom 1Q22 results and more | 09:34 27-Jan-22 |
?3 |
Himax and Akoustis schedules and more | 10:52 26-Jan-22 |
?1 |
AES, Energy Recovery & Amdocs schedules, plus macro commentary | 08:34 25-Jan-22 |
?1 |
Google lawsuit, looking ahead to the midterms and more | 10:33 18-Jan-22 |
+2 |
macro, Ebix and GRoDT updates | 09:05 13-Jan-22 |
+2 |
FOMC policy | 10:16 16-Dec-21 |
?2 |
jobs and GRoDT news | 10:13 03-Dec-21 |
?2 |
look ahead on a short week | 11:44 26-Nov-21 |
+2 |
market leverage and other news | 12:03 19-Nov-21 |
-2 |
MACom 4Q21 results | 04:54 05-Nov-21 |
+2 |
BGC Corant closing, Telus 3Q21 and Amdocs schedules plus follow-up and look ahead | 21:55 01-Nov-21 |
?3 |
Akoustis 1Q22 results and 3d mobile customer | 08:18 01-Nov-21 |
?4 |
Akoustis 1Q22 schedule, Clearway thermal sale and more | 10:05 25-Oct-21 |
+3 |
Akoustis RFMi acquisition | 09:30 18-Oct-21 |
?3 |
monday morning macro and market leverage | 08:33 18-Oct-21 |
+2 |
Clearway 3Q21 schedule, new Akoustis market, and policy moves | 09:41 15-Oct-21 |
+3 |
Golar business update, Akoustis WiFi 6E design win and more | 14:48 13-Oct-21 |
?3 |
Akoustis 4Q21 results, WLP shipments and MagnaChip Treasury letter | 09:15 30-Aug-21 |
+4 |
Akoustis MU-MIMO carrier grade WiFi 6E win | 07:38 27-Aug-21 |
?2 |
Virtu repurchases, Akoustis poaches a Qualcomm engineer, and more | 08:55 18-Aug-21 |
?3 |
market leverage, Akoustis 2Q21 schedule and Orbital results | 14:15 16-Aug-21 |
?3 |
Amdocs 3Q21 results | 16:40 04-Aug-21 |
+2 |
Nokia, Shell & Covanta 2Q21 results and much more | 08:29 29-Jul-21 |
+3 |
Akoustis Diplexer, UDC 2Q21 & New Fortress update schedules, and more | 09:05 14-Jul-21 |
+3 |
adding AKTS, Resonant WaveX software and pricing notes | 09:30 22-Jun-21 |