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Welcome to Syme's daily game of buzz word bingo ....that means you can BS to your hearts content..yeahhhhh
And yet it reflects the true value of the company …..Isnt that what a market is expected todo. How would you value the company and why?
Reckless ramping beware IMO DYOR
Just watched the video…..OMG….let me write that again OMG.
I have regularly challenged myself on my analysis and thoughts about Syme …..could I be wrong….could this genuinely be the next big thing….could this just be a question of time …..and thank goodness I haven’t wavered in those opinions.
I have watched probably now 1000’s of interviews with large, medium and small cap CEOs and CFOs. Some giving good news and some bad news to the markets. Whatever the news, 99% of them, you can identify how they have risen to CEO/CFO status. This was definitely not one of those 99%. They don’t continually run their hands through their golden locks, wearing a red t shirt resembling prisoner apparel, they don’t as the CFO sound like they are terrified of their own shadow. Leaders are leaders and you can feel it….these were not leaders IMO DYOR
I’ve said it many times but the IFRS 15 is this companies undoing. It might be a great idea, but if it’s not allowable under IFRS then it’s not going to fly. Syme have been very weak in this aspect - they’ve not once rolled out a heavy weight from the accounting community giving support to its allowability. The references to big 6 accounting firms has NEVER been confirmed by them so then Syme made a laughable statement that it was down to individual potential customers to discuss it with their accountants. I mean give me a break - that’s like selling someone a car with no breaks and when they ask if it’s legal telling them to check with their mechanic doh
That is a great post Peak.....Brilliant!
You can take a horse to water but you can’t make it drink
You can’t short Syme …doh
You got to love AZ ….” In the near future”……the guy must have bal** the size of dumper trucks to keep spinning this. I tip my hat to you sir!
??????
SAM mate there’s 41 trades adding up to about £4.50 in luncheon vouchers so far today …..CONEDY GOLD
Thanks Peak HOPE ……”on their way”????? Well that’s new …..such refreshing messaging….think we will all sleep easier now we know it’s on its way
At least we are at 45+ now (for a while) Im am overweight LLOY but am waiting for the magical 50p lol
Falky how's your RR SB doing - quite a rise today..whats your exit point?
So the market cap of a FTSE100 company ….I think not
Look like buys to me
I have
Burnley …….been good chatting ….nighty night …try to sleep but I get that those losses must play on your mind
Agreed Toli….67% poorer to be exact
As lame goes that’s the lamest reply ever…….you can ramp all you like those numbers don’t lie
Here’s simple maths for you
35.387 BILLION SHARES
SP close 24/08/20. 0.78p
SP close 23/09/21 0.2575
SP % decline …67%
Monetary loss on every £10k invested ……a whopping £6700
Not maths I’d want to be caught up in
He looks ill