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Hi Gents..
Can someone give the low down on the AKERS TR1? Don’t come here often but people keep referencing?
Great to be positive ... but the CEO does have a track record of ramping to the point he disappoints the market .. so this time will take his ‘spectacular’ with a pinch of salt ...
Well done GB..
I would like to see more of RNSs like this mornings without prior ramping on twitter..
Without unnecessary ramping I feel the market will take such news much more positively
The reason why people become impatient is of the CEOs own doing... His constant ramping and links to news articles and how DV can save the day cause speculation and therefore make people wonder if the DV have something lined up.. Obviously when no confirmed news comes and just vague references then people become impatient. Compare this to other small caps where CEOs are not constantly ramping by twitter and notice people are not as impatient.
People /investors get annoyed when someone states something is going to happen but nothing meaningful and and tangible comes out of it... Just look at what happened to both the recent two presentations by the CEO... both times there was constant hype on twitter about ‘tuning in’ and ‘big reveals’ . When they didn’t materialise - SP tanked considerably.
Unfortunately the standard response to any criticism on here labels you as a deramper..
I am by no means am wanting to deramp but just call it as how i see it. I still believe in the company due to the potential but just don't agree with the unnecessarily online shenanigans.
I support DV and they have some great tech and potential..
I more more concerned about GBrandon as a CEO and his professionalism.
Initially I was very upbeat about the investor presentation but when I take a step back and realize that he ramped for days with the likes of ‘tune in find out etc etc ...’and then only to repeat what is already out there
What is particularly telling to me is that he is more than happy to take credit for when the SP rises but as soon as it falls after one of his presentations he washes his hands and doesn’t take responsibility...
Twice now he has hyped and presented and look at the result in the following days ..
To be honest I should have learnt the first time around.. Shame on me
@wolf
Right you are .. my apologies. I should have been more specific in regards to asset type...
With all due respect there seems to be a lack of understanding on what an asset is and what inventory is....
To be honest if you don’t know the difference then syme isn’t the share that you should be investing in..
Here’s a hint .. syme will not be monetising assets... if they did then it would make them a leasing company ...
@aim
It seems you think I’m deramping...
I just stated fact which is on AZs own slide .... not a theory or something I heard from a friend of a friend ...
I suggest you have a look at the presentation and slide yourself and see if it states that SH is confirmed for 1bn or if it states that that is their total funding potential ability...
I’ll put money on that there is no RNS coming that says SH has increased to 1bn. If I’m wrong and genuinely I would like to be wrong then I’ll come back and apologise to you first ...
It is annoying that one can’t do a bit of critical thinking and look at both the downside and upside and people just having a go ... if anyone thinks what I stated was incorrect then please give a counter argument rather than just give pointless rebukes without a reason or argument ...
Looking at the slide that says 1bn for Stormharbour ...
At the bottom of the slide it also says in relation to the figures mentioned ...
‘Placing power Estimated’
So the 1bn indicates that Stormharbour have the ability to fund an estimated 1bn but not that they actually funding that amount. It’s a bit like saying Apple have 1 trillion in the account to spend on an acquisition... it doesn’t mean that they will acquire ABC Corp for 1 trillion. It’s a pitch rather than confirmed numbers
I wouldn’t get excited about the 1bn and still his details are a little vague
The good news is that he is trying to raise awareness but looks like a slow hard slog ...
Funny how other Cos manage to publicise letters of intent/ mou / future orders on items that have not completed testing and developing but as soon as someone raises the question on here they get shot down
The unwillingness to question progress is telling ...
@glebe
I’m not sure why you think he can’t answer that question ? It’s not a commercially sensitive question...
The company have previously announced they are working on something so asking the question if they are still pursuing the same avenue seems a reasonable question ...
Hi @GB
In light of the vaccine news, is DV still going to carry on pursuing this avenue (specifically for covid) or will this go on the back burner?
Thanks in advance.
Exactly — the posting of random articles of contamination is as useful as a chocolate teapot.. if it had some sort of link to DV then great but otherwise you may as well start posting about every single water board who performs sewage testing ...
As long as any incoming RNS have solid, confirmable names and numbers then AZ can put all these naysayers to rest..
If AZ decides to give another airy fairy , look up to the stars and make a wish RNS then AZ really needs to reevaluate his claims and refrain from dangling a carrot as at the moment, no one wants an old, mouldy pointless carrot ..
The next few weeks will show what the DV team is truly made of...
Will they make excuses as to why they couldn’t realize any of their technologies despite it seemingly being useable or will they create some revenue generation...
My fear is that they could have the best product in the world - and I genuinely think they have some great tech in their company but their execution seems lacking.
What is the point of linking, posting and tweeting stories from all around the world on sewage testing and other obscure links that people are doing mass testing if it can’t be backed up with solid progress.
They failed in their execution already on their infamous presentation so let’s see if all those inferred connections of testing cruise lines and ships come to fruition....
I’m still holding although the last few days have made me a little worried.
To be honest AZ has not done himself any favors with vague RNSs and convoluted holding company structures which I’ve brought up before...
All it would take is one RNS to clear up confusion on the holding companies and put this all to a rest...I do hope AZ listens rather than if ore this elephant in the room ...
Regarding actually trading updates I do think he needs the opportunity to prove himself but wish he would give a solid factual RNS on confirmed deals rather on future potential deals...he had previously indicated Oct which failed to materialize and now he has alluded to Nov so let’s see if he can meet his own deadlines...
Thanks @ DG
Sorry getting confused with all the unnecessary fighting..
Is there an expectation of another RNS this week?
When is the interview out ?
Sorry but the RNS still means nothing to me ... All it is saying is that we ‘will’ launch not we ‘have’
Again lacks substance and is resorting to quoting ‘investopedia’
I’m normally quite negative and you will see from my previous posts that I’ve been quite critical of AZ and the lack of confirmed names and numbers etc.
However throughout all the RNSs the one that gave me some comfort was the alliance with Epic SIM ( 4th Sep RNS)
Now if you have a look at who the chairman and Co-founder of Epic is, then you will see that he was also a member of the Board of Trustees of IASC ( international accounting Standards Committee) .
The fact that this company has alliance with SYME makes me think that that they would have done their due diligence in respect to financial laws and accounting standards.