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1. Many chatting on here I’ve written this off, (by the way LTHH’s are waiting to scoop twitch shares up, appreciated)
2. Many chatting on here I’m out on open I will take the loss, (again we will await SP drop and scoop the £250 worth of your disposable income/twitch shares up, appreciated)
3. Many on here chatting FCA hold up (lol, arrr my stomach is hurting laughing, apologies). Most likely not invested and want those twitching shares of those once tight as#sss holes, you know they don’t have deep sea dive on a bucket list, (apologies if you got buttock worms, no judgement, take the pills and use the rub, over counter is cheaper).
The list over the legit self authorised suspension is endless, I don’t have time to write it all up, plus I’ve just been vaccinated, been work looking at a screen all day and have a headache that not even a wife wa-nk can extinguish.
So balls deep like many we ask W,T,F is gonna happen.
This is AZ’s baby, what would you do?
There is no way we can just go to the open market and have the SP sink right down, down, down again, erm that’s good, sorry, based on points 1,2 and 3. Plus whatever the trolls have bullet point tattooed on your inner left of hand to obtain your trolling job, (1. FAC, 2. Write doumed and smoke and mirrars in a sentence, 3. Say yure out over and over againe, so uu then think it’s real deal, like whot waz told boute yure daddi), will be a bad decision upon accepting the troll-role, it’s that or you have to subscribe monthly, so the cost is cheaper to remove the written misspelt tattoo sentences. I love tattoos, bit that’s too far, no?
So upon open we have to go up based on sentiment, shorters however mainly trust building, that AZ needs to keep, with all heavily invested parties including us, who also play a huge-a part in seeing this through! So I see previous day RNS or RNS’s, over points every man and his dog know about and then the BB will be hit once again with a rocket, unicorn etc.
I will await to see the play. Pretty much all that is currently left is young inexperienced investors especially,(DYOR), asking sensible questions to the right people who you know or trust on bb by reading their chat.
AZ will see this right, I’m sure, otherwise please leave quietly as we spoon feed our accounts with your shares!
GLA LTHH’s - SYME - Hold, Buy and Watch this Fintech space the UK needs, “Ain’t that right Rishi!!”
Hardcore i hope you are right but you cannot blame investors for thinking the worst, I was in amigo and people posted this is JB james belamours baby and look what that toerag did to the sp. Something has gone wrong here and people speculate different scenarios and all they want is to be kept informed at reasonable intervals how this is progressing. The last rns was the 16th and not much to bite on. So until real honest news comes to the market you cannot blame pi s for questioning their investments
Agreed, KB. So we are saying, await either a terrible RNS or Amazing RNS, then act accordingly. Or no RNS and pull out like everyone will do as no other avenues are available?
I guess we shall see the state of play, going sleep, I’m trashed.
GLA LTHH’s - SYME - AZ - Make sure you use nice Sheffield Stainless Steel nails for hammering this to where it should rightfully be!!! Night all!
I guess that's how most feel at the moment i'm trashed, lets hope tomorrow will bring good news or a good update for all the investors so we can all move to better days.
There's Fintech and there's Fintech...
The wheels seem to have come somewhat off Greensill, touted by some as SYME's model (fintech ! supply chain finance ! connections ! = David Cameron, no less, as 'adviser').
https://www.irishtimes.com/business/financial-services/credit-suisse-suspends-8-3bn-supply-chain-finance-funds-1.4498200
Snippets :
.."London-based Greensill Capital helps manage the supply chain finance funds, originating and processing the credits which go into the funds and helping to secure investors..."
about which
.."In a note to investors, Credit Suisse Asset Management said that “a certain part of the subfunds’ assets is currently subject to considerable uncertainties with respect to their accurate valuation”...
and there's also read-across re the vexed issue of 'first loss security' [ the ostensible reason for the 1AF2 pledge of 5.9 billion shares]
.."Credit Suisse marketed the funds as ‘low risk’ investments partly on the basis that it said almost all the money was insured. Credit Suisse on Monday declined to identify the insurers or give details of the insurance.
However, the insurance does not cover all losses.
In accounts filed in January, Greensill said the insurance policies carried first loss clauses which meant it faced potential losses of up to $1.04 billion in the case of defaults..."
That's about a 10% security margin ie as 'ball-parked' for SYME's SPCs.
The regulator looking into authorising SYME's Captive Bank is not going to be happy about the set-up as described in the September and December RNS's, which on the face of it allows the same/similar potential conflicts of interest, regarding 'origination', 'repackaging' and 'distribution'.
IMO
KEVIN troll, Greensill have been lending to junk companies and has bad press over practices....Credit Suisse have pulled out of giving them loans. Some of CS customers have told then they don't want to use Greensill products...
Anyway Greensill is a different model. AGAIN Extrader you slander Syme for you own monetary benefit....disgusting.. hope Karma visits you....
Extrader
Remember when you claimed to only be here to study fintech?
Still standing by that excuse?
.."Remember when you claimed to only be here to study fintech?.."
Yes. This is a development concerning a leader in the fintech field, if you read the article. Regulators will want to learn what has - apparently - gone wrong and make sure it doesn't happen again.
There are certain similarities with what SYME has said it is proposing.....so it's relevant (IMO) to SYME.
Feel free to disagree, either by counter-argument or by filtering me.
HTH
Hes posted the same on ADVFN. He's here for his own benefit. The longer Syme is suspended the strong they will be when they come out of suspension. Extraders spread bet will cost him dear...EUA style.
Read some RNS'S
They are facts
Ex interesting article.
we know in banking and finance rules are very strict.
a new financial product (or ecosystem) has a rough road to be approved.
It does make sense.... I want to study fintech so I have come to a faceless bulletin board of two bit retail investors (no offence guys) to further my research...
What insight and research has this insightful BB given you Extrader? Hopefully it’s not your only source of research ;-)
I want to study fintech so I have come to a faceless bulletin board of two bit retail investors (no offence guys) to further my research
You should have been a diplomat.
I am.....
Is it true about Ferrero Rocher ?
Hi Tex
Things I was not aware of /have updated myself on since looking at SYME, a startup in a new sector - 'fintech' include
(1) the complexities of IPO's and RTO's;
(2) listing requirements;
(3) accounting standards;
(4) 'inventory4.0';
(5) regtech and blockchain;
(6) Companies House and offshore company formation;
(7) the ICIJ database and Panama Papers;
(8) manipulation of online statements (courtesy TheRealDeal);
(9) money-laundering and fraud (I notice some feedback from Spotify still pending);
(10) investor behaviour (ongoing) a.k.a. 'extraordinary popular delusions and the madness of crowds'..
plus a few others that escape me atm.
HTH
Hahaha, oh yeah! The Ambassador’s reception used to be a riot!
Extrader, LOL ok. Seems I misjudged the value of the BB.
Based on your list do you feel your time here has been well spent?
Read some Rns'... they are FACTS.
https://www.investegate.co.uk/Index.aspx?searchtype=3&words=Syme
I agree Adamadd but...
Posting this...all the year's Rns' from Syme, will be a total waste of time for our resident trolls. They are not interested in FACTS. They make up their own and then continue to press home their lies. It is as if they actually believe it all themselves?
“ (10) investor behaviour (ongoing) a.k.a. 'extraordinary popular delusions and the madness of crowds'..’
This could fill a paper in itself ... probably makes the fintech bit look dull in comparison.
Yes read the RNS the time lines are all in there. We are almost done.
Wolf - LSE has been referred to as ‘the asylum’, probably not too far away from the truth (admittedly I am an inmate)
I’m still not quite buying the Fintech research on LSE charade though Extrader. Bit like wanting to understand quantum mechanics and asking the bloke down the local garage.
Its a lie from a known troll. That's what they do for a living. A carefully crafted story....bit like DA and his penthouse....
He’s clearly some form of academic I would say.
No chance Wolf.
I imagine an academic has useful things to do with their time.
He is here to disrupt and he has more than one account. Did nobody else find it strange that another poster suddenly mentioned and responded to him from nowhere today?
It's all completely orchestrated.
They all just need to be ignored; Wrexham Rectum posts on here because he has ZERO interaction with anything he posts on Twitter.
The bloke is a loser