Member Info for Atanasoff

Nope. No you haven’t.

Says you

Excuse me - my irony meter just exploded

Here is my bet - most of you haven’t even seen or asked to see “the platform” or understand how it is glued together.

Which is just as well because if you did I doubt you would be “investors”.

Secondly I don’t think you really grasp what SYME was/is involved in. Take this much hyped “first transaction” (ignore all the previous proof of concept stuff from a couple of years back). It’s £1.5 million in theory. How much of that is actual bankable revenue? Then what profit does that make? How many of these are needed to generate a positive cash balance?

You all crow about this stock like no one else has thought about it but totally fail to see it for what it is.

Do the reading. Look at the track record objectively. Look at board. Look at AZ. Look at the investor profile.

AIM is littered with companies like SYME. You may as well buy shares in magic beans.

‘Make ends meat” is so meta - thanks for the laugh. Can’t understand why you’re not CEO, let alone not getting a pay rise.

Will admit - tried to sell when 20% down but just couldn't get a quote. So here we are....

When I went into joules last week the collection seemed a bit drab tbh. Not the kind of summer stuff I would expect or the depth to provide sales.

For example - I wanted some shorts. Just basics. Blue. Stone. Perhaps a green. But they only had weird colours or ones with lobsters on. So I went elsewhere.

They also always seem to have a sale which is not good. A sale should be special - it isn’t dfs.

So todays announcement doesn’t come as a surprise. If we have a wet autumn and cold winter they will bounce back.

In meantime I’m kicking myself I didn’t sell on the next news - would have made a profit.

(Holding over 25,000)

I’m kicking myself that I didn’t buy last night. Was clearly oversold. Will bite next time after the dilution.

Think realistically the company would file and see if it could get some debt written off. Real possibility of shares being suspended. Dilution would need to be epic proportions

What is your time scale for that ?

CINE was one of my few big wins during covid and I got out with a nice profit. So I keep my eye on it. If I got to the cinema I use CINE instead of rivals.

The problem s identified is a lack of films - in a week Amazon and Netflix have launched two blockbusters the cinema has nothing of note to watch. Until we see some big “better at the cinema” type films then cinema will suffer. Why spend £30 on a second rate film that will be on streaming within a few months?

This isn’t that unusual during the summer. The problem for CINE is the debt is vast. Borrowing costs up and nothing big to service the debt.

Feel sorry for holders today and I hope it recovers. If they can get financing and dilution to do that then great but don’t expect to see 100p again.

Market not reacted. £22k is chicken feed. Look at overall volume and trades to see a good picture. Back in the 2’s today? Got a fortnight to continue sliding unless stock is ramped for a quick in and out (which £22k punt may be based on).

Only one way for this share currently.

My feeling is that this is heading sub 2p when the result come out. It would be perhaps worth a punt at that. Be nice to “win” back the money I lost on this dog of a share.

Can you demonstrate how you got to a figure of 20p please?

My problem when I bought ODX was I was ruled by emotion, I had given up on analysis and facts. Not anymore. I watch the figures closely. I want ODX to succeed but even the optimist would see that 20p is with the fairies.

Looks like the bonkers holders decided to report anything they don’t like hearing. Try again (as I watch ODX more than most).

This is a PIs stock only supported by the desperately under water and a few people trading it. Expect the presentation at the end of the month to be appalling. We’ve all seen this play out.

I am expecting it to fall sub 2p.

Agree - a strong appointment by the looks of things

The only reason to delay (and ODX has form on this) in my view is that the sale and cash is needed to ensure that the business remains solvent/viable. So although it happened in this FY it is needed by the auditors to allow sign off.

Hold onto your hats imo.

Looks like it - balance will be paid in next 10 business days. £1.3 instead of £1.1

However, I think they need this to be classed a viable business. The results are going to be horrible.

I’m not sure what all you optimists and rampers are reading.

This will go up today - I hope some of you make some money and for those deep under water can recover some of your losses.

For a longtime watcher of SYME this is a typical AZ RNS and right from the ramping playbook.

You would be a fool to take advice on this or any board. My feeling is that this is a good long term hold and that the stock is undervalued.

The issues my clients in airside related industries are currently experiencing are with staffing and capacity, rather than demand. My guess is that the same is true with EZY.

ON the plus side

1) They have changed the business and got rid of lots of fat during the last 2 years. They are more agile than they used to be so able to respond more quickly - if they can get the staff to man the flights. I don't think the staffing crisis will be resolved until next season.
2) They were hedged on fuel and the cost of fuel is coming down.
3) Load Capacity is reported to be very good.
4) Slots are being bought up which will give them growth.
5) Planes are new and efficient and much of the old fleet has been dumped

Downsides

1) Economy - UK is going to be bad and will impact EZY demographics more than other carriers. However, they may see some downgrading to EZY so that needs balancing
2) Debt - not crippling but with rates increasing it adds burden

My own target is £6.50.

Seems very little downside here and strategically it is a good match for Next with lots of growth potential.

Hope to see a nice rise this morning as Joules just seems woefully undervalued currently.