Member Info for Allthatglitters

Intatrader.

Oh Rob's back with more cryptics.
Close to what, Rob? Or are you just ramping?

https://twitter.com/DDS_DocHoliday/status/1318156590294380550

Or it's just a scam.
I also don't understand the obsession.
But let's not fight: better wait until JN unveils his plans.

4 v 1 L2

On twitter has given us a mention under "Cheap right now" which explains some of the buying.
Long may it continue.

I make that the same volume of buys and sells now.
Certainly doesn't justify an 11.5% drop.

Everything you said is fine, but you don't know if any of this is profitable.

As a trader, I'd be delighted if they invested in SYME as the share price would spike.
If I were a long term investor, I'd be disappointed.

Are they massive though? About £10k worth.

I've looked back at timing of recent RNS and they are all over the place: rarely at 7am. So that's positive.
One thing's for sure: the trading will tell us when it's coming!

I know about as much as any other PI. Valued at £157M based on revenues of £2M. What's the profit margin on that? How big are the contracts? How long-term are the contracts? etc
It might be great one day but right now it's massively overvalued.

So, they bought warrants, shares and options in Asimilar Group around 5p and the investment 9-bagged. A consistent strategy of fundraisings at significant premium to share price and ability to attract big institutional and private investors.
But, in two words: James Normand!
And he's ours now :)

Perhaps they will invest in a SYME fundraise. At the mo, £250k investment in SYME would only give Vela a 0.17% stake in the company, which isn't particularly valuable.
Without starting a war, I'd suggest that SYME is probably overvalued to the tune of around 850% at the moment.

Looking at the first investment JN has made, it was an IPO: getting in before potential rise. And then will likely take part in further fundraisings with MODE in future.
Looking at AAA, he made investments in warrants, shares and options of one specific company so that the % they held was substantial. Presumably in order that they could have a degree of control on the direction of said investment.

Not sure 0.17% stake in anything is really worth it. IMO DYOR.

HI Abbey and welcome. You've picked two high-potential stocks that's for sure!
So, with likely 11Bn shares in issue, the market cap at 4p would be extremely high.
I would imagine that the bod may wish to do a consolidation here at some point as 0.065 of a penny is a slightly comical figure and big investors will never take that seriously. I would expect the same at SYME.

If we take other teeny investment companies as examples: FFWD has reached valuations in the £20M's. MTR is currently capped at £33M.

I would personally think that, with one further funding round in mid 2021, the company could achieve comparative valuations. So, with (an example of) 15Bn shares in issue that would be 0.2pish. A solid 2.5 bags from here in 12 months.

Let's be honest, though: AIM companies are NEVER judged on their investment values or NAV. They're valued on potential and hype. SYME is a good example: £130M valuation on revenues of what, £2M?
In the States, Tesla is valued at $300Bn despite never posting a profit.

So, with all that said and the success at AAA noted, 1p isn't completely ridiculous at all imo.
But my targets remain somewhat lower.

Best of luck and welcome aboard.
ATG

On that, one of my trades came up as cancelled yesterday. But i still have the shares. Can't trust a thing you see.

Definitely games. I thought they only got canceled when there was a fat finger mistake. But that was clearly a deliberate ploy

What the F is that all about?! How could they allow that?!

:oD
That might be worth £60 come Monday morning. Who knows.

Hope for some better fortune next week.

Close can't come soon enough.