Wednesday, 26 August 2020

Arp 2500 - 1003, 1033, 1046 envelope generators

The ARP 2500 has a variety of envelope generators.
The 1003, 1033 & 1046 share common features.


The 1003 is identical to the 1033 except that it contains no gate delay circuits.
The 1046 is equivalent in function to a 1003 plus a 1033

EG's are used to produce repeatable transient control signals.
They can be used to control volume (in the case of a VCA) or timbre (VCO or filter) with respect to time.

A unique feature of all these envelope generators is their use of both gates & triggers.


 These gate and trigger inputs are connected to the gate & trigger inputs of the keyboard
All ARP keyboards have 51 notes.



This is a 3001 - a one-voice 5 octave keyboard


It produces 3 types of Control Voltages:
1. Trigger - a short transient 10V pulse which occurs whenever a key is depressed.
2. Gate - a switched 10V signal indicating that a key is depressed.
3. Output - a control voltage whose amplitude is related to the lowest key being depressed.

The two voice keyboards have an additional output:
 4. Aux - an additional CV proportional to the interval between the lowest &
     highest key depressed if 2 or more keys are depressed simultaneously.


The trigger & gate voltages are typically used to control envelope generators.
The Output & Aux voltages are used to control oscillators , filters & amplifiers.

Envelope Shapes

Envelope shapes are very similar to a modern ADSR

ATTACK
When a gate signal is applied, the EG's output will rise exponentially to 10V
(the rate is determined by the "attack" setting).

DECAY
When 10V is reached, the attack phase is ended, and the voltage will decay exponentially to the Sustain level. (the rate is determined by the "initial decay time" setting). In modern synths, we just call this the "decay".

SUSTAIN
The sustain level is adjustable from zero to 10V
The output remains at the sustain level until the gate is removed.

RELEASE
When the gate is removed, the voltage drops to zero volts.
This is called the "Final Decay Time".
The rate of the drop is exponential and is determined by the "Final Decay Time" setting.
If the gate signal is suddenly removed, the envelope will immediately start to decay to zero unless
another gate is imputed. In this case the envelope will then restart the attack phase.


Trigger Modes


There are 2 trigger modes: Single vs Multiple.

When the Trigger modes switch is in the "single" position, only Gate voltages are needed.
When the Trigger modes switch is in the "multiple" position, both Gate & trigger inputs are required for the envelope to fire. The attack is initiated by a positive pulse at the trig input. But the envelope will only fire is there is a gate signal also present when the trigger occurs.
The presence of a gate signal or a trigger signal alone will not start the envelope.


Connections for a sustain pedal can be made via jacks at the back of the module.
This terminal, when connected to ground through a switch, acts like the sustain pedal on a piano.

1046 Quad EG (rear sustain pedal inputs)

Notice, there is also an inverted envelope output
This is zero to -10V
This output is only available at the lower matrix switch.



Electrical specs of the 1003 envelope generator:

Controls
Attack time: 0.001 secs to 2.0 secs
Initial Decay: 0.001 secs to 2.0 secs
Sustain: 0 to 10 Volts
Final Decay: 0.001 secs to 2.0 secs

Inputs:
Gate sensitivity: 1.8V in the lower matrix switch
                        9.6V in the upper matrix switch
Trigger sensitivity:  1.8 volts
All impedances are 100K

Outputs:
0 to +10V @ 1K
0 to -10V @ 1K

 Power requirements:
+/- 15 volts @ 50ma , regulated to +/-0.1%
The lamps require +12V to +15V # 40ma.

 

Saturday, 22 August 2020

PEG

 PEG

In finance, a PEG ratio (Price/Earnings-to-Growth ratio) is a tool used to find out if a stock's price is fair. It takes a company's normal P/E ratio and divides it by its expected profit growth rate. This helps investors see if a fast-growing company is a good deal or too expensive. [1, 2]
How the PEG Ratio Works
  • Formula: \(\text{PEG Ratio} = \frac{\text{P/E Ratio}}{\text{Earnings Growth Rate}}\)
  • P/E Ratio: The stock price divided by its earnings per share.
  • Growth Rate: How fast the company's profits are expected to grow. [1]
What the Numbers Mean
  • Under 1.0: The stock may be cheap (undervalued) for how fast it is growing.
  • Around 1.0: The stock price matches its growth rate.
  • Over 1.0: The stock may be expensive (overvalued) for its growth level
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WGB

 WAM global
WGB
aug 2026




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ASX:WGB is WAM Global Limited, a listed investment company (LIC) managed by Wilson Asset Management. It gives Australian investors active exposure to undervalued international growth companies and global market mispricing. Its core goals are medium-to-long-term capital growth, capital preservation, and a stream of fully franked dividends. [1, 2, 3, 4]
Key Details
  • Sector: Financial Services / Asset Management
  • Share Price: Around $2.14 AUD
  • Market Capitalisation: Roughly $770 million AUD
  • Dividend Yield: Fully franked full-year dividend of 13.2 cents per share (including a final dividend of 6.6 cents per share payable in November 2026) [1, 2, 3]
Investment Strategy
  • Focuses on listed international small-to-medium cap growth equities.
  • Uses a research-driven, index-unaware methodology to find value.
  • Seeks out companies with strong fundamentals trading below intrinsic value. [1, 2]
Performance & Updates
  • The investment portfolio decreased by 4.2% over the 2026 financial year, underperforming the broader MSCI World Index benchmark which rose 14.8% in the same timeframe.
  • Despite portfolio headwinds, management increased the fully franked full-year dividend payout to 13.2 cents per share. [1]
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Friday, 21 August 2020

TTSH gate Booster _build notes

I've been testing lots of different euro modules in the search for compliments to some vintage ARP gear... mostly a 2600 & 2500
Both use the same 1V/oct scale which is a good start.
The voltage levels are different to Euro
Euro uses mostly 5V gates & triggers.
ARP uses 10V

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Modulating CVs ... from envelopes, the keyboard and LFOs on the ARP 2600 for example, are mostly in the 10V range.. but I've generally had no problems using Euro for modulation on ARP gear.

For the record:
ARP 2600 Keyboard: CV output voltage
UPPER VOICE −3V–+10V, 1V/oct.
LOWER VOICE −3V–+7V, 1V/oct.
ARP 2600 keyboard LFO 
TRIANGLE ±5 V, 10 Vp-p
SQUARE WAVE +10 V, 10 Vp-p
DELAYED SINE WAVE ±3 V, 6 Vp-p
The ARP 2500 envelope generators outputs envelopes between 0 to 10V.
There is also an invertered output on the 1046 module with a 0 to -10V envelope.

Euro are mainly 0- 5V . (MakeNoise modules are in the 8V range ... these thus are more compatible).
So if you wish for example to fully open the filter of your 2500 you might have to boost the euro voltages.
Some modules that output 0 - 10V are:
2HP ADSR
Intelligel Quadrax
Bubblesound 141 (EG/LFO/VCA)
Erica Synth Black EG
Erica Synths Pico VC EG
4MS PEG
MakeNoise Maths
2HP Random (Rnd)
2HP EG
Tip Top Z4000 (envelope generator)
NLC Modules:
"The Dual LFO/vco, Feague and VC ADSR can all be easily modded to get 10V signals.
A bit tricky to get 10V from the Triad, best chance would be remove the LED and replace it with a link, then remove the 4k7 and leave the it empty" (Andrew F)


CV processor & Offset -generator modules will probably come in useful.
 Something like the Sputnik CV processor can amplify 0-5V control voltages up to 0-10V ranges.
Other useful modules:
+ Voltage Processor - CGS 81 - Build notes
Voltage Processor - CVP - Build
+ Make Noise Maths 
+ Synovatron CV Tools 
+ Doepfer A-185-2 Precision CV Adder 
+ Doepfer A 183 - offset generator 

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So the main compatibility issue between ARP & Euro seem to be Gates & Triggers
I've decided to try the TTSH gate booster. It also produces 10V triggers
BTW The Doepfer dual trigger delay.is super useful to generate triggers from gates

Here are some pics from the build.
It's very easy.


And the rear of the PCB



Metal Film Resistors 1% .25w
2 1K R7, R15
1 15K R11
5 18K R3, R4, R5, R12, R13
3 47K R6, R8, R14
1 82K R2
3 100K R1, R9, R10
1 1M R16



Capacitors
1 330p C1 COG or poly/MKT 5mm lead spacing
 COG -- Ceramic ??
2 100n C4, C5 Decoupling, cheap 20% disc caps are fine. 5mm lead spacing
2 10uF/50V C2, C3 Electrolytic 2.5mm lead spacing




Semiconductors
1 TL072 IC1 OP AMP DIP-8
2 2N3904 Q1-2 NPN Transistor TO-92
1 1N4148 D1 Gen Purpose Diode

Miscellaneous
2 FB_226 L1, L2 Ferrite Bead, Axial Leads
3 Header Gate_I, Gate_O, Trig_O MTA02-100 Amp Connector
1 Header Power MTA03-100 Amp Connector
1 Socket IC1 DIP-8 Socket Buy a good milled type, or don't bother.



Optional - LED indication
1 2N3904 Q3 NPN Transistor TO-92
1 LED LED Builder's choice, but try to get a diffused one.


1 1K R17 1K is chosen for standard red LED. If you like laser etching your
retinas with a blue or white LED, you should increase this to 5-10K.

Im using a standard red LED ... so jus1 1 K


 Thank You FuzzBass.
You're the best. !!!!

 This is just a quick test module.
It's euro rack compatible.
I'll need to build more of these :-) 


 




Looks like it will work






Nice +10V gates


Links
Synthcube
Muffs

another possible candidate :
sixty4pix.com

The CV OCD.
This just arrived , but I haven't had time to test.

ALL

 ALL

.........

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Over the past 10 years, Aristocrat Leisure Limited (ASX:ALL) has transformed into a global gaming and digital content giant, delivering strong revenue and profit growth, solid return on equity, and active capital management despite periodic cyclical and investment-led slowdowns. [1, 2, 3, 4]
Profit and Revenue Growth
  • Revenue Expansion: Revenue scaled significantly from under AU$2 billion a decade ago to over AU$6.29 billion, driven by strong performance in North American gaming operations, digital social gaming (Product Madness), and global market-share gains. [1, 2, 3, 4]
  • Net Income: Profits expanded substantially over the decade, with recent net income crossing the AU$1.4B to AU$1.6B threshold, backed by high gross margins (consistently staying above 58%–60%) reflecting its valuable software and hardware ecosystem. [1, 2, 3, 4, 5]
  • Earnings Per Share (EPS): Grew at a compound annual rate in the double digits over the broader 10-year stretch, though it experienced brief periods of compression due to heavy strategic reinvestments in digital capabilities, AI, and new product verticals. [, 2]
Debt and Financial Health
  • Manageable Leverage: The company maintains a healthy balance sheet. Total debt sits at roughly AU$1.6 billion against shareholder equity of over AU$6.2 billion, yielding a safe debt-to-equity ratio of approximately 25.8%. [1, 2]
  • Interest Coverage: Robust operating income (EBIT near AU$1.9 billion) provides a strong interest coverage ratio above 23x, indicating low financial risk from its debt obligations. [1]
Return on Equity (ROE) and Efficiency
  • High Returns: Aristocrat has consistently delivered an impressive Return on Equity, hovering around 22% to 24%.
  • Capital Efficiency: High ROE and solid Return on Invested Capital (ROIC near 17%) demonstrate that the management team effectively compounds shareholder capital through efficient operations and targeted acquisitions. [1, 2, 3, 4]
Dividends and Shareholder Returns
  • Capital Returns: Dividends have grown at an average of roughly 20% per year over the past decade, though interim and final payments have seen minor volatility. []
  • Buybacks: Management heavily favors returning excess cash, underscored by massive active on-market share buyback programs totaling up to AU$2.5 billion extended through 2027. [1]
.............
Over the last 10 years, Aristocrat Leisure (ASX: ALL) has consistently maintained a positive economic spread, with its Return on Invested Capital (ROIC) generally ranging between 10% and 17%, comfortably outperforming its Weighted Average Cost of Capital (WACC), which has typically tracked between 7% and 9.9%. [1, 2, 3, 4]
Value Creation and Spread
  • ROIC (Return on Invested Capital): Historically averages in the low-to-mid teens (~10% to 17% depending on trailing definitions and major acquisitions), reflecting robust cash generation from its core gaming equipment and digital segments. [1, 2, 3, 4]
  • WACC (Weighted Average Cost of Capital): Historically centered around a median of roughly 8.8% over the decade, fluctuating with broader interest rate environments and cost of equity changes. [1, 2]
  • The Spread: Because ROIC has persistently stayed above WACC, Aristocrat has continued to create clear economic value and excess returns for shareholders across most of the 10-year cycle.
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