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I know a thing or two on the finance side so am more than happy to help out whenever I can.
Wolf - thanks - I need to slow down and look a bit deeper - still learning but still enjoying it
Peakhop it’s a theory and I mentioned the other day that maybe they could sweeten the deal with a slice of TAG. However the RNS makes it quite clear that the acquisition is being made by SYME.
If AZ owns it outside SYME or via TAG none of the future profits accrue to SYME shareholders as we will not have any stake in it other than potential commercial trade, like what is happening with the captive bank.
The idea is that the sum of the two will be greater than it’s parts and SYME shareholders will want a stake in that.
off on a tangent there IMO.
TF is being acquired by Syme not AZ as RNS'd. Not sure anyone knows what is happening behind the scenes, no one knows, it is all just speculation, how it will be funded, where will it sit as part of the Syme umbrella, the name, the XY and Z.
I am happy the process is moving along, will weigh up the effect it has on my investment when we know more.
Some of the speculation here borders on the ridiculous sometimes, concrete news is all we need. Until that comes derampers and rampers will post all sorts of nonsense, again IMO.
Parm - thank you - I’ve stated it on numerous occasions - syme is my 1st and only investment and as such I’m still learning - what a share to learn from - wow it’s been an amazing journey so far and to fair I’m really enjoying it - it’s worth the investment for the knowledge gained and also the entertainment value.
Lovely sunny day so we are out walking before weather changes. Best wishes all LTH
Good morning all, just a thought - when AZ was accused of “dumping his shares “ (trolls words, not mine) given the fact that AZ did mention “in transit “ monetisation last year it’s perfectly feaseable that AZ has sold shares to fund the purchase of Tradeflow - the acquisition of Tradeflow will have been months in the making and due to NDA AZ will have not been in a position to answer his critics, as the Tradeflow deal looks like it’s going to happen one would have thought how it is to be paid for would have to be disclosed - unless it has nothing to do with us - AZ is purchasing Tradeflow himself - I agree- none of us know I’m just putting my thoughts out there - it would make sense to me and would also explain AZ selling shares - if so it could be part of AZs master plan to register Tradeflow as a UK company and float it on lse - and give us all the opportunity to invest in another fantastic company , just a thought
Hope you're well.
Some confusion here I think, Wolf is correct in that once an IPO is complete any trading of shares does not generate more funds for Syme (I did research this).
IF more shares are issued etc. that would be a way to release more cash etc. Hence the AGM resolution. Whether they do, how much is etc.is just guesswork, as is how TF will be funded.
To put your 21: 28 in context :
At the time of the RTO, SYME raised £ 2.2m in the Placing - that money went into SYME's coffers, to finance the business.
There was a concurrent Vendor Placing, in which TAG sold £ 40m worth of shares to 3rd parties (incl 3 x 4.98% to Ceresio, Equita SIM and Parrott Global Capital) , to satisfy the 25 % 'free float' requirement.
Dominic's 42% of TAG would have netted him about £ 16.8 million and AZ/OG's 33.34% about £ 13.3 million.
From the 23 Mar 2020 RNS : .."In conjunction with the Acquisition, the Company has raised GBP2.24 million, before expenses, through the issue of 331,604,094 Placing Shares in the Company at a price of 0.68 pence per share to certain investors ("the Placing"). A total of GBP42.18 million of Ordinary Shares were placed through the Placing and Vendor Placing with institutional and other investors..."
I'm sure we all have at least a basic idea of how an IPO works. The point is that all the investors topping up and amassing large holdings are not contributing towards the potential funding ofTradeflow, given the RTO was over twelve months ago. Everyone topping up post-RTO is buying their shares from another investor, ie. nothing goes into the SYME coffers until they release some new shares onto the market (resolutions 5 & 6 from AGM).
There are many valid reasons to sell all or part of a business. Selling shares in a business can generate significant cash, which can pay down debts or be used for investments or charitable donations. That cash can also go back into the business, where it can fund expansion. Likewise, selling part of a business can reduce the owner’s risk and allow them to diversify their personal assets.
"Errr Peakhope ..... you do know that when you buy shares the money doesn’t go to SYME right?"
Not strictly true. Generally yes, but what happens if the company is selling off stock direct? The monies go straight to them. So it is possible...
As stated on many occasions I always check my facts before posting, there’s lots of info out there - you only need to google it.
The first time a company sells stock, it is called and Initial Public Offering (IPO). When you purchase stock during the IPO, the money goes to the company whose stock you are buying.
The second time the same company wants to sell stock (raise money from the public), it is called as a Follow on Public Offer (FPO). When you buy stock during FPO, the money again goes to the company whose stock you are buying.
Enough to purchase Tradeflow me thinks
When a company issues shares, they sell them to investors (private for pre IPO) and public for post IPO. They get that money for the company. It goes into the company coffers. There are some middlemen: investment bankers, brokers and Wall Street, but other than that, the company is simply selling its shares and collecting the money for the company use.
‘Argo - 34 million shares - each one a vote of confidence in AZ ,symes model and fundamentals - if anyone needs reminding of the amount of money we have collectively invested in syme - 34 million shares from just one investor ( we don’t the purchase price of shares) we all put what we can in and some are still topping up - enough to pay for Tradeflow me thinks ! ‘
Errr Peakhope ..... you do know that when you buy shares the money doesn’t go to SYME right?
....and who in 2014 had/has contacts as Senior Energy Advisor to the United States Department of Defense (TFBSO) ...Tom James, CEO TF
I only wish I had 34m shares here...
Argo - 34 million shares - each one a vote of confidence in AZ ,symes model and fundamentals - if anyone needs reminding of the amount of money we have collectively invested in syme - 34 million shares from just one investor ( we don’t the purchase price of shares) we all put what we can in and some are still topping up - enough to pay for Tradeflow me thinks !
Mouth watering are the prospects of monetising all the military stock on a global scale - every time you think there’s no more to be had a new stream of income Avenue pops up - syme - the gift that keeps giving ! Best wishes all LTH
@Divvyup, yes I've been told I don't do anything by halves.
I'M sure by the 1st of July we will all have a smile on our face's. ;)
Best of luck to you & all genuine LTH.
That's a whole lotta shares argo. I'm only 33 mil behind you.
Wow … That's statement and a half (life changing). Time rewards those with patience.
Good to know Genuine BB LTH`S always here for support.
@Divvyup, yes invested in syme. I've been told numerous times not to put all my eggs in one basket so I'm 99% in SYME. 34 Million shares. I'm long term here just waiting for the unicorn to deliver AZ to the take off pad. :)
argo007 Agree, 1 year is a prudent time frame.
I take from that you are invested in SYME the horse rather than betting on the next race.
Having said that, the image to mind of AZ turning up on a unicorn in the 3.30 at Kempton Park is what disturbing :0 :)
RE: INVESTABLE STOCK OR LAUGHING STOCK???Today 20:10
Oliver1116 - retrace all progress made in just over a year ( a pandemic year) so much has been achieved and all the signs are there that we are not that far off - don't fall at the 1st 2nd or third hurdle, Tradeflow is a up a running business which independently of syme has its own client base and is earning money - although it's not a done deal I think it will be and you will be seeing blue - possibly only weeks away, if it coincides with multiple RNSs 1st trance of Italian clients , 1st trance of mena region clients, captive bank update ,SH update, US update, UK update, etc etc the sp could be ...well no one knows but certainly higher than it is now, Tradeflow are already a viable business - syme are but only on paper - so why would Tradeflow want to be under Symes umbrella - Tom James of Tradeflow has an impeccable success rate and vast experience in his field, he must see the massive potential syme has to offer, he will have had access to Symes funders, client numbers and all the work going on in the background on a daily basis before agreeing HOT he will also be aware of Symes suspension - ongoing unfounded allegations of fraud scam etc - he still wants the deal to go through - these are not the signs of a failing company these are the signs of a fledgling company that's on the brink of take off, TB in charge of US market and probably responsible for Tradeflow deal - again is one of the most experienced in this field, imass, Quadrivio, Lenovo, SH , confidustria etc are all happy to be engaged with syme - why ? Massive potential based on their research into AZ and Symes business model, again ( courtesy of Parm) all these major players will have been privy to market sensitive info that we are not privy too, I get the anger / fear, frustration,
It's only my opinion but I do not see any other outcome than a positive one for LTH
LTH - for me means at least 1year from now , being a business owner myself I do know delays can and will most definitely happen - trains get delayed, planes get delayed, parts people , house sales ( very familiar with that) why do we think AZ can miraculously avoid delays especially given the fact he is trying to deliver something totally new, if you believe in the fundamentals and the model and take note of what news is long overdue - now is not the time to lose - give it 8 weeks and see where we are at - if you've been in a year 8 weeks is not that much longer to wait, with the amount you have invested you could make an healthy profit and there's no need to take a loss at this stage , whatever you choose to do - very best wishes to you and yours.
Peakhope accepts no responsibility for any losses incurred by his positive opinions and other posters are available lol
Best wishes all LTH