Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The best one I've seen on any board was yesterday when one of the posters said about additional income streams. They advised Syme would get millions just for people using the Syme company logo !!!
Maybe the poster should be advising multi billion pound companies they are doing it all wrong when they spend hundreds of millions of pounds a year on marketing sponsoring football clubs, sporting events etc and they should be getting paid to use their logo. The scary thing is it got about 15 recommendations..
Luckybob really well put there is a significant lack of funding for SME not just in the UK but across the globe and the market is huge.
There are alternative funders out there who lend billions to SME on an annual basis I can name 10 off the top of my head, so my point is if it’s revolutionary and it’s taken so long for a transaction to take place why haven’t these funders replicated the model. As I’ve mentioned previously Im extremely sceptical as it seems to miss every deadline and there was a lot of smoke and mirrors with the share set up, assets etc.
A game changer for LTH is Omni buying in funds don’t buy 5% of a company on a whim it will be interesting how this plays out. Good luck with your investment
Does nobody else find it a coincidence that the announcement of the first IM that they haven’t managed to complete previously falls in line with the share dilution to keep the company afloat.
I just find it hard to understand that banking institutions across the world with endless amounts of money to lend have not looked at bringing this to market whilst a company with no money, 250 million of assets that vanished in to thin air (accounting error) and is on their third CLN have come up with this revolutionary form of funding that no other financial institution wants to replicate.
Maybe I’m just a cynic !! I think some form of IM will be announced but I suspect there will be very little information and it will be similar to some form of asset or invoice funding that is completed hundreds of millions of times a day by banking institutions across the world.
For balance on the plus side for holders Omni have bought in although a very small fund there still a fund and will have access to more information than most so I could be wrong completely.
On the sidelines watching with interest I really hope people make money out of this share and I am wrong.
Before I get loads of abuse I’m happy to listen to other sides of the argument but even long term holders here must be slightly dubious.
Institutions loading up here follow the money. https://www.oitplc.com/about-us/investment-approach/
This share really feels like it's being held back is there an order being filled in the background !!
Back in today after the news of the tie in with NMDC this is huge !!
Was very strange price movement today and was able to buy at 261 there was 2 sells for 2m each at 260 and after they was filled the price rose expect an RNS shortly. -
Now we know the effects of the non existent hedging policy. These results are not great at all it will be interesting to see if the market is really forward looking !!
Jonah I hope everyone makes money but you read this board and it’s bizarre to say the least and people need to be called out for what it is absolute rubbish. You had for months people saying Syme are buying a bank they can’t afford to pay the wages never mind banks !! They were going to start funding Rolls Royce there moving in to property etc etc. I hate good honest people losing money I’ve said this a million times there’s plenty of people got rich off this but unfortunately not the shareholders
PresuminEd how dare you comment on a share your invested in. If it’s not rainbows and unicorns the cult don’t want to know. They treat certain posters on here like there a sage of investing and hang on every word they say !! Peak can you tell us about the fintech bank Syme was buying that you went on about for months. The fact is Peak and the other fella who was does the forecast models who borrowed money off his family (he’s openly admitted this) to invest in this shower know nothing about markets cycles trends etc but are gurus of investing and have only ever invested in one single share the cult literally hang on every word they say. I genuinely don’t know how they sleep at night the amazing unt of absolute rubbish they post on here and should be called out for it !!
Bought in this morning one of the best recovery plays out there. Sold out of this a while back and was one of the best trades I’ve ever done. I’m astonished it’s back at these levels and I’m glad there looking at equity release products it’s a huge market with large returns. Good luck everyone !!!
Abftse I’m back in here after selling on the recent spike. What’s your 10p price prediction based on as where I’m looking the fundamentals of the business look strong. Thanks in advance
Peakhope not a cheap shot at all if you read through the posting history you will see I called you out when the share price was 0.4. You then asked me how I would sleep at night if investors lost money on me warning of the downsides off the company !!
If they had listened to me at that point and had 40k invested they would still have 40k if they listened to your obsessive ramping including you advising Syme would be monetising property (haha ) they would now have 7k left.
I encourage people to read previous posts and let them decide for themselves.
I'm sure even the most hardened member of the cult knows this will drop below the offer price but Castle I'm going to call a spade a spade and to be honest you clearly have an agenda there is making your point but honestly its becoming tedious it's as bad as listening to the rubbish Peakhope has put on here for the last 2 years.
The reason I stopped trading this is due to further dilution (see posting history I advised this would happen way before the announcement).
There maybe a trading opportunity around the 0.3 level it is quite easy to read and trade especially with the latest CLN in place.
I actually feel sorry for people who have been taken in by the rampers on here. We all know who they are I’ve said it on numerous occasions !!
How did a company receive 2 million pound in shares as an intermediary for the purchase off Tradeflow a minuscule fund my corner shop produces more income. If I was a LTH I would be screaming from the rooftops to find out the reasons why. I suggest some of you look at the intermediary and their companies accounts to see how they fit in. Plenty of people of got rich from this including the guys at Tradeflow at the expense of mug PI.
Sorry for my last comment I thought the dividend was 16p every 6 months so the dividend is nearer 4.5% at current levels.
At todays share price this is delivering an 8.5% return from dividends alone !
An absolute steal !!
It’s gone from 5% up to 5% down in half an hour ???
It's bizarre it's dropped from 290 and all it's received is good news.
Barclays reaffirm overweight today and it drops 6% doesn't add up at all !!
To be fair I've traded this and done quite well but bought a good chunk in my ISA to sit on today surely it will have to rerate at some point !!
The market seems to have liked the results !!