The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Facts …..at last! Excellent post
Talk about complete and utter lack of understanding!
The net value of any company is not determined by how cheap a share is to buy but the SP multiplied by the number of shares issues ...otherwise known as the Market capitalisation. The MC of Syme is currently £105M with 34.547 BILLION share in issuance. That is not cheap by any stretch of anyone's imagination. Share in Syme are like Confetti.
Turning to TF.....to date they have published no accounts and are almost certainly not trading at a profit. If you look at the competitors in their niche field of operation who have much larger assets under management and longevity they have also failed to turn in profits.
IMO DYOR
Can you explain your Eva,Ustinov that this is a buy at this SP. the market cap is HUGE even now fir a company (including its new acquisition TF) that have never made any profits and show no signs of being able to generate profits for many years to come IMO DYOR
Great post by Extrader...and not even picked up by any go the LTH's as they continue arguing on the 18% SP nosedive ...and feel bewildered by the lack of a rocket taking off that they predicted over the weekend.
Why don't they comment on Extraders analysis...because a) they don't understand it and b) for any of them that do they have no rebuttal. Once again the facts speak for themselves and the only reason the rappers stay here is because they are all so far underwater they have to try something/anything. If they'd only listen they would save a lot of further heart and pocket ache. This goes to zero IMO DYOR
What does pipeline mean?….I think you may be using the standard commercial definition …AZ and Syme work to a variant of this known as the “a bloke didnt hang up on me in the first 30 seconds - so he’s definitely on board” IMO DYOR
What you mean the CEO who no longer owns any stake apparently ...please DYOR and read Extraders many posts on the subject atet remain unanswered ......No statement made by AZ to the contrary though........great research by Extrader.....IMO DYOR
To balance uneducated, uninformed rampers from sucking in potential naive investors who should hear the truth about this company IMO DYOR
The market disagrees with you !
Apunter …are you an Olympian long jump gold medalist……because that leap would be a new world record IMO
The clue is in your own words “lined up”. Lined up is a stock Syme smoke and mirrors for we phoned someone and they answered the phone and then very politely hung up IMO DYOR
How is the rocket launch going this morning ….just won’t listen will you
Truth will always tell in the end…..it sometimes takes time and patience but the truth behind Syme will eventually come out IMO DYOR
The ramped are like pussycats ….the abuse isn’t frightening …..facts are frightening and when they have no response to Extraders facts it kind of says it all
Yea SP is rocketing ……have you even looked at a graph of the SP……rockets go up …….but I suppose a rocket fuelled with BS is always going to struggle
You have to laugh…..Extrader produces facts …..no replies except abuse and not one single post suggesting that his facts are wrong. The paid rampers on here are just part of the biggest mystery wrapped up in an enigma of lies that has ever had the misfortune to hit the LSE. Shameful really that the authorities and regulators aren’t putting a stop to this…..but the clock is ticking and the enigma will eventually unravel IMO DYOR
It’s so cool that you guys know better than most of the algorithms that it’s a buy…..rather than an “unknown”
More broken promises, dates not met, excuses etc etc ......shocker
This is a noteworthy at …..Fiisch….you and I agree. I do have a price and I stated it many many moons ago that I think matches the current risk/reward on SYME at this point in its evolution. You need to have a look at heaps of start ups in different industries and look at their market caps as best as you can compare again factoring in market opportunity etc. IMO the SYME MC cannot be justified…………yet!
Dai2 ……I probably agree …..and I suspect that maybe the bigger problem than funding/bank ……companies up for this would of course consult with their in-house and external accountants. Accountants in my experience are conservative and cautious by nature …they never go out on a limb as their professional credentials are on the line. Therefore they are likely to look for regulator/industry consensus on this which is currently not there apart from thus AZ myth that 2 of the big 6 have given the thumbs up. If they genuinely had those 2 companies would be on record as such ( as it’s good PR fir them) and from AZs point of view he would 100% name them as there are clearly no issues of the infamous confidentiality clauses that he drags you when he wants to hide something and if he could name them he knows full well the impact on the SP would be dramatic and solve all his woes. IMO it’s the biggest blocker ….yet no one will have it as such because it could scupper the whole thing…all IMO DYOR
How much IM would have to occur to achieve a .5p SP. Why not .3p or 1.0p or 10p. Complete guess work with no analytics under pinning the SP and thereby MC to the value if the business. I understand the future market opportunity but no one is coming up with any logical link between the SP and the size and stare if the business. I think you are saying market sentiment would take it to .5p but that is a 100% guess ….it could barely rise IMO until any IFRS clarity is provided
Big either way!