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Yesterday's Syme contract is a turning point.Shareholder's trust will return and if there is another contract soon, the share price will skyrocket like Pyc in 2020
SB and 2G2D.
You are both saying the same thing
Does that make sense to you?
Somebody selling doesn't want to sell at a higher price??
The seller is what is stopping a rise, because they are selling into it and have 1.5billion new ordinary shares on top of the billions they already have.
Selling as fast as PIs can mop it up. Because they've got financial commitments to pay and 1.5 million to scrape together for the WL fund
All long term shareholders strapped in not selling
Two Good - what are you going on about ? I perfectly understand the model I think you need to read again lol. Where have I said interest rate per annum? Said opposite and pointing out to counter stupid posts that the maximum revenue would be 1-3% of the total 135 million facility which even that is good whereas its actually 1-3% of each monetised inventory psssing through the IM that could be weekly etc depending on the scale and sale of the company inventory but as they are big household names we have targeted with fast moving £££ inventory to match so it’s repeat, repeat, repeat with just one co in the IM and not a dead static percent of the total 135 million facility underwriting some were trying to say!
Anyway I have added another 8k this am as this pullback is ludicrous and unsubstantiated! Happy days. IMHO DYOR
Reality is the seller does not want the sp to rise at the moment .
Back to reality :(
If you think €135m is a chuncky size deal get a hold on for the Banoco BPM deal with 100 billion of loan assets.
Bouncing fast, last chance at these daft prices.
Probably get slated for saying it snowball effect is going to happen here vary soon,been a solid supporter from day one and 100% beleive in the concept been a painful hold to get to this point but confident it's going to happen.Buying more on payday as I think we are ready for lift of
It seems another P&D or certainly a company not trusted by shareholders.
I'm responsible for the current dip. I've been working away, saw what looked like a positive RNS and bought another 4k worth of shares at .00032p and then the price plummeted again. I'm waiting for Jeremy Beadle to come back from the dead, jump out and tell me it's all be a wind up for 4 years!
Sharebel
What on earth are you talking about these are short term funding generating up to 3% fees I could easilyvargue the same €35m could be churned through 2 or 3 times a year as each tranche is drawn down and either repaid or rolled over..These are transactional fees to draw down not annual interest rates...hence 1% to 3% looks low but not when it's being churned through on several drawdown a year on the same funds.
Theanalyser
What exactly is the cost of delivery?
SYME has built a platform from scratch you now start using it everything else is sunk costs there are very little if any additional 'costs to delivery'.
The business model model is highly profitable once WL 'White Label' I'm giving the game away here IM's start ramping up!
IMPORTANT- It’s a REVOLVING facility the 135 miillion is the maxium underwrittrem at any one time by the bank - it moves revolves inventory goes into it then out on repeat on a weekly, montly basis. It’s not that % dead of the 135 million total IM underwriting your basic calculations are incorrect! And also 1-3% will depend on each of the companies within the IM new and the amount of inventory going through the IM facility - IM INVENTORY MONETISATION! Millions to be nade from just this one IM using ths Supply@me system not trad financing! It is 1-3% of each continuous inventory entering the IM blockchain system at any given time to a maximum of 135 million underwriting by bank at any given time ! IMHO DYOR
God, you lot are boring to watch arguing over who said what. Who cares? Can we just stick to the business topic & research?
LTH GLA
@sharebel I don’t care what label you want to assign me - I’ve bought multiple times, and sold once. If the share price rises 250% I can still buy back in cheaper for what I sold.
Difference is I’m not the one getting my facts wrong (tHiS is the FiRsT I’m!!!!111222) nor throwing out unsubstantiated “rerate” claims.
I was invested for so long, I’m curious to see what happens here. I hope for the many decent LTHs on here and who I spoke with as a holder will get a return or at least a chunk of their investment back. A 50, 100, 150% spike sadly won’t do that, hence the cynicism I and many others hold.
Why say "Banco BPM to follow later this week" What are you basing that on?
We know it's due but we don't know if it's this week , next week , the week after or whenever so why ramp it like that? What does it achieve?
Too Good 2 Die
Yesterday’s announced announcement was clearly a big positive.
You are starting with highest margin of 3% and ignoring SYME’s cost of delivery of providing its service.
To date SYME has operated with a negative gross margin. I do expect that with a much larger volume of IM SYME will now switch to a positive margin but breakeven is still some way off.
We are long overdue a re rate.Lets hope we get the snow ball effect to kick start transformation.We should not be at the price of a failing business.
Let's see what today brings .
€135m with transaction fees of up to 3% equates to €4m or £3.36 over 72% the way to reach breakeven at £4.8m per year!
A very good day with Banoco BPM to follow later this week..
Fisch - I suggest that you are making huge assumptions and your advice comes from someone who has sold out but forgot to buy the bottom. Have a try tomorrow because it is you who is the trader here not me. If I sold my position then the amount of my position would make it impossible to get that same amount back in stock. And I am not willing to do that for a long time yet. I really don’t need to be schooled or patronised by you on SYME! You’re giving advice at rock bottom prices with no skin in the game after key progress made! Lazy insults is all you have to offer! So perhaps find another stock you do like and take your trade elsewhere then! IMHO DYOR
We are where we are. Let's see what this share brings tomorrow. Judging by the number of upvotes on each comment, opinion is pretty divided here. But one thing we can all agree on - we think this share has a future - and irrespective of how long we've held it or how much we've invested in it - that is all that matters surely.
I strongly suggest Luckybob you dig deep and take that its the best news we have had in a long time and get behind it. I will ignore the Arthur Daley insult and the rest but why do you feel the need to! You can’t short it lol thats an amateur statement if ever I saw one. You need a better broker or an actual broker! We are talking deep pockets not pi’s anyway! I can’t abide shorters in any shape or form but the trading pattern here has been pretty odd for months. I suspect there’s an element of naked shorting going on here too.
If I want to post the market mechanics of a pivotal day and why then I jolly well will because I can tell you now I have a hell of a lot of capital invested here than the average Joe so I’ll sound as many bells and whistles as I like! This is not a pump on hot air rise or rumour this is probably the most key thing AZ has done is to get this in place. The IM is revolving & a huge income stream once the wheels begin turning it is not jyst 1-3% dead it’s IM with each company on repeat. That is then set in perrpetual motion which was the original model. We can also expect now green light switched on many more IMs across the multiple jurisdictions! I am delighted and so should we all. So Lucky enough with your misdirected insults! It is marked as a strong buy because it is! IMHO DYOR