George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
“In a nutshell, meme coins are cryptocurrencies inspired by memes and internet jokes. Dogecoin, for example, was inspired by the Doge meme created from a viral photo of a Shiba Inu. These cryptocurrencies often aren’t meant to be taken seriously but can still gain momentum when members of the community buy into the newest one in order to be in on the joke.
Once it gets popular and spikes in value, retail investors sometimes jump on board and further boost the coin. Prominent online figures and celebrities also drive up the popularity of certain meme coins. Elon Musk is probably the person most famous for it, and there’s even a fork of Dogecoin called Floki Inu based on Musk’s actual pet dog.” John Bogna
Demolition…..”not looking good on most shares at the moment”…..what !!!
The FTSE is on an absolute tear for sone time now and approaching an all time high. The difference is that’s not gambling. It’s investing. I have no problem with anyone taking a punt on the syme’s of this world and of course there are multi bagger examples people can site on high risk start ups. The issue I and many (now systematically banned) commentators have with this BB is the unqualified irresponsible cult like ramping that has gone on here that has led many to be over investing in an extremely high risk stock that is now on the verge of collapse due to being poorly run particularly from a cash management perspective. You do t have to be a maths genius to work out the cash burn is significantly too high compared to the revenue it’s generating and even with all of the high hopes NO companies revenue is going to jump to a level that fast that could sustain this cash imbalance. Borrowing to keep afloat in this economy will be much harder to obtain and much more expensive. Yet still the Syme magic word is being thrown around post by post by post ……the word is “soon”. Soon is NOT going to happen here
Thanks Fishguru...I'm sure you’re average SME wanting to use this service has no concerns at all about Crypto Winter, FTX saga and the fact that explaining how NFT’s in this specific scenario is going to work for them...all those companies CFO’s/FDs (the most risk adverse people in any company) are going to be yeah sounds great! Give me a break! Where’s the lending source from a proper bank????
And let me get this straight you believe this type of transaction is as attractive to the type of businesses you are targeting than a straightforward FIAT funded transaction.....OMG Dreamers all of you!
Forbes: “ But keep in mind, an NFT’s value is based entirely on what someone else is willing to pay for it. Therefore, demand will drive the price rather than fundamental, technical or economic indicators, which typically influence stock prices and at least generally form the basis for investor demand.”
“NFTs are risky because their future is uncertain, and we don’t yet have a lot of history to judge their performance,”
Good point re Vechain. It’s never discussed on here but surely a straight forward Fiat currency would have been a much bigger breakthrough?
Shore: Opportunities for Boohoo, but valuation ‘full’
Online fast-fashion retailer Boohoo (BOO) is performing better than feared and there remains some opportunity, according to Shore Capital.
Analyst Eleonora Dani retained her ‘hold’ recommendation, expecting some positive read-across from Next’s strong trading update last week, and the shares rose 3.3% to 40.25p.
Dani believes Boohoo will have ‘performed somewhat better than feared’ while still trading behind ‘multi-channel business models’.
‘While we think Boohoo played Black Friday relatively well, higher return rates will likely constitute a drag on profitability,’ she said.
‘Our outlook for 2023 is cautious, particularly for value offers, but we continue to see an opportunity in Boohoo, which we prefer over Asos. However, with shares trading on a full-year 2023 enterprise value/Ebitda [multiple] of 7x, we see the valuation as full, noting a lack of catalyst in the short term.’
Dogger69...How big is your short on BOO?
This is the second or third time that BOO has rocked up +15% for the day before quickly being smashed back down in the following 48 hours. That’s not IMO just reflecting the broader markets. It’s obviously benefitting day traders but do they really have the power to create these big swings
Syme definition of “soon”…..”a period within a margin or error either greater than or equal to a very long period of time that may get elongated to a longer period of time dependent on market dynamics and the directors need for elasticity in the timeframe needed to complete a longer process in a foreign principality that would not affect the shortening of this period”
Yes you’ve guessed it I do actually write all Symes RNSs
Utd ….YTD
Peak
1. “Picked a winner”…..on what basis do you say that with most people significantly underwater on their invested cash?
2. Speaking for myself I have regularly and consistently said why I’m here. The fact that you don’t believe it doesn’t make it any less true!
3. What do you think will represent a good interim in terms of Utd profit loss and forecast full year profit/loss?
4. There is as usual no discussion on this board about basic business fundamentals and how the company can continue to fund its cash burn prior to it delivering meaningful income. This to even an untrained eye surely leads to more borrowing at what will be higher and higher rates due to the economic climate
Why are the shirts no closing before Wednesday ?
This post will not age well …
Best post on this BB for a while Nobby!
No not deluded ….Dangerous, uninformed, naive, paid by Syme, unethical, immoral ….I have many more …just take your luck they are all more accurate than deluded
And why to you Marko come on here ….there is never genuine discussion by the so called LTHs about the company or it’s SP mammoth decline or it’s failures…..so one can only conclude you are paid by Syme.
Lies and spreading doubt!!
OMG …How do you sleep at nights Elllltelporkies ……you should be ashamed of yourself. This company has let shareholders down at every turn…. Most are so far under water they are drowning and you portray it as a good place to put your money. Disgraceful behaviour !!!!!!!!!
Worth noting there is a chasm of difference between first IM and first True Sale. That’s the thing surprising the SP IMO DYOR
Thanks peak for making my point fir me….I absolutely know it came from an RNS…..and was just being regurgitated by a cult member. The very point is of all of the literally bucket fulls of smoke and mirrors, half truths, misleading waffle and downright fibs that AZ had cone out with on RNSs fur me my personal favourite is this one about the Nasdaq listing…..so I’ll say it again …..for good sake peop,e Syme is not going to be listed on the Nasdaq. I’m honestly beginning to believe that AZ could deliver a RNS. saying that Syme are in discussions to buy out Apple, Amazon and Meta shortly and you’d all start commenting on it being good news and wondering how long shortly meant. Seriously you are the very definition of gullible