Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Miagi365 What you describe is mindless investing, buy and never sell.
Smart investors derisk, I'm invested in 4 small cap companies which I plan to hold long-term (years), but I'll be looking for big short-term spikes to pull money out and if the SP pulls back put some of it back in with a view overtime to keeping the same or more shares whilst pulling out my original investment so it's safe.
Anyway, each to their own, if hold, hold, hold works for you, good luck to you.
Miagi365 Did you really believe JW doesn't buy shares and when they go up derisks?
That's good advice for all investors, you don't mindlessly hold, hold, hold.... and hope the SP will always go up. When they rise take some profits (on multibaggers take out your initial investment) so if the **** hits the fan you at least come out a little ahead.
I've recently started following JW and would have invested in all the companies he currently holds IF I'd seen his advice in time. I stumbled on JW via his Bidstack videos and have recently invested in Bidstack. I'm a little surprised he hasn't got back in as it looks like they are almost there.
His research is a really good starting point, but only a fool would invest without digging much deeper.
I'm following SO4 looking for a good entry point and through research saw the potential of them needing more money next year (possible dilution) if they decide to fast-forward the other lakes. So I wasn't in a rush to get in, this drop might be my opportunity, not today though, based on how this share trends down I'll be waiting: could go below 20p which would be an absolute bargain assuming there's nothing fundamentally wrong.
Anyway, take ownership of YOUR investment decisions, no one forced you to click the buy button.
From https://www.youtube.com/watch?v=fR1LTvz-_Rg the only new info I got from it was the onboarding process could be as quick as one month (not read/seen that before), I assumed it was longer for the due diligence.
Pretty sure what else was covered from the interview had been covered before in RNS's and interviews? Watched the podcast in full once, so could've missed something.
I doubt this will send the SP up significantly, so not sure why people are getting excited?
What I did find interesting was what the interviewer asked about using the tech to track inventory in general around 25:20. I don't think AZ picked up on the question, but that is an interesting long-term possibility to use the tracking of inventory to understand what's happening in the wider economy to reduce the sort of supply chain chaos we've had with Covid. If everything was digitised governments would know where everything is and be far more efficient.
Why are people taking this article https://www.youngupstarts.com/2020/11/25/supplyme-capital-blockchain-but-not-as-you-know-it/ seriously with silly errors like these:
"Now we’ve bored you with the technological bits, let’s get to why SYME is such a captivating bet; the price. SYME set the AIM on fire in August, soaring past £1.25 during the height of the coronavirus lockdown and leaping 1100% in a single day. Things have flattened since then, but the potential for more rolling lockdowns across Europe over the busy Christmas period has manufacturers in a flap. Down at £0.35 it’s a no brainer. Watch SYME hit £10.05-£10.85 inside six months."
They didn't even get the SP value right! Is anything above actually accurate? SYME isn't a quick fix for struggling businesses, there's a long onboarding process, this article makes it sound like SYME are like WONGA for big struggling firms: 'here mate, we'll bung ya a couple of quid to get ya through the Xmas holidays'!
Take a look at what the author "admin" writes about:
Reasons Why Hiring A Digital Marketing Agency For Your Business Is A Must
Tips For Hiring Your First Employee As A Small Business
3 Reasons Why An e-Commerce Digital Marketing Agency Is Worth It
How Can Cloud-Based Solutions Improve Recruitment Processes In Your Company?
Supply@ME Capital: Blockchain, But Not As You Know It
How To Start A T-Shirt Business From Scratch
The sort of person I want to take financial advice form, NOT!
I've worked in SEO for almost 20 years, built countless blogs to pull in traffic, these types of blogs are BS merchants, it's low quality clickbait with no substance.
If you are taking this type of article seriously you are a moron and should sell ALL your shares and invest in an ISA.
Ignore it.
Have you considered Bidstack revenue could be very heavily Christmas weighted this year?
There's new consoles and new games all being released for the Christmas period.
Some brands (advertisers) make most of their yearly profits at Christmas and go all out on advertising to maximise profits.
Since it looks like this is the first year Bidstack might have got enough right and it takes time for brands to test a new advertising media (won't have spent big in H1) there could be a huge increase in in-game ads over the next 4 weeks as brands try to take advantage of gamers all stuck at home with their eyes glued to a screen for multiple hours a day.
Think about the glut of Christmas ads we see on TV around about now, could be the same for Bidstack.
Problem with this scenario for Bidstack and shareholders is the revenue data won't all be available until way into December.
Maybe Bidstack was expecting something big to happen last Christmas which would have pulled revenue up massively in the final weeks. A big brand spending big could add hundreds of thousands to revenue.
I bought some SYME shares on the 20th and checked for it on the trades page here and it showed up as a sell. In fact almost all trades at the time were listed as sells, BUT there was no way they were all sells.
You need to look at the spread of the trades, if there is a decent spread between two sells (or buys) which are close together the guess (it's a guess, there's no label added to our buys/sells) as to whether it's a buy or a sell has got it wrong.
These 4 recent trades for example are all listed as buys:
25-Nov-20 12:13:12 0.327 45,587 Buy* 0.31 0.33 149.25 O
25-Nov-20 12:12:22 0.321 129,419 Buy* 0.31 0.33 415.43 O
25-Nov-20 12:12:15 0.327 999,999 Buy* 0.31 0.33 3,274 O
25-Nov-20 09:50:07 0.321 4,688,750 Buy* 0.31 0.33 15.05k O
My GUESS is the 0.321 are sells and the 0.327 are buys.
Just checked a fixed quote and was given 0.3297 for a buy.
Earlier these trades:
25-Nov-20 11:40:38 0.3225 151,506 Buy* 0.31 0.33 488.61 O
25-Nov-20 11:38:54 0.3229 309,693 Buy* 0.31 0.33 1,000.00 O
25-Nov-20 11:38:26 0.3229 500,000 Buy* 0.31 0.33 1,615 O
25-Nov-20 11:36:41 0.3229 10,170 Buy* 0.31 0.33 32.84 O
25-Nov-20 11:36:28 0.3229 95,000 Buy* 0.31 0.33 306.76 O
25-Nov-20 11:34:40 0.323 151,272 Buy* 0.31 0.33 488.61 O
25-Nov-20 11:33:48 0.323 306,222 Buy* 0.31 0.33 989.10 O
My GUESS is the 0.323 and 0.329 are buys and the 0.325 is a sell.
The spread shown as 0.31 to 0.33 is not accurate, so the guesses are sometimes wrong.
helx, you celebrate when it hits 4p, not when it's above 5p.
Show some class and wait to gloat.
Aloy99 I find with these types of small cap shares it's hard to get a good deal via a Limit Order.
For some shares I've set a Limit Order that's ABOVE the ask price and it's still not filled hours later!
If I'm in no rush (waiting for a lower price) I'll set a low Limit Order early in the day and forget about it, with one share I put in a 20p Limit Order when the spread was 20p to 21p, assumed I wouldn't get any. Got them at the lowest price for the day at 4:35pm despite the ask price never going close to 20p all day. Next day the SP was up 0.5p.
If I'm in a rush I use the Fixed Quote, the market makers give you a firm price for 15 seconds, if it's a good price buy, if not try again later. Almost all the small cap shares I hold now (about £15K worth in 4 companies) were bought via a Fixed Quote.
I've set Limit Orders at a price which should be filled, wasn't filled, checked a Fixed Quote while the Limit Order was still up and the Fixed Quote was cheaper!!! Doesn't make any sense, but that's what I'm seeing in practice.
Aloy99 Before taking trading seriously I traded via HSBC, it's bloody awful!
Have to log in via a key fob and you get logged out every 5 mins, it's unusable beyond buying shares to hold for years!
No easy way to see SP changes live.
No way to cancel limit orders online!!!!!!!!!!!!!!!!
Plus they added a charge of £10 a quarter.
I still have £10K worth of shares in HSBC, as soon as I sell those share (2 FTSE 100 banks, so no rush) I'll be done with them.
Been using IG since July and it's a million times better, there's no comparison between the two offerings. One thing I don't like about IG is when selling US shares the $s are auto converted to £s, you can turn that off, BUT then you are charged at least $15 a trade. If I planned to mostly trade US shares I'd find another online broker.
Don't underestimate police stupidity and what they will and won't waste time/money on.
I've worked as an SEO consultant (self employed) for 20yrs and regularly review websites and businesses. One such online review resulted in a 3 hour police interview under caution and after the interview the thick as pig **** copper passed the case to the CPS to prosecute for harassment!
The fool of a copper didn't even know what unsolicited SPAM email was (why I reviewed the business site)!
I wrote about it at https://seo-gold.com/seo-specialist-questioned-by-police-over-website-seo-review/ (one of my websites).
The CPS dropped the case since I'd done nothing wrong.
Before the police interview I refused to turn up for a 'voluntary' police interview, so within half hour of a phone call a van load of coppers turned up at my home and knocked on the doors for 10 mins. They planned to arrest me over a webpage, fortunately we weren't in when they called.
Think about the police and CPS time wasted investigating someone who wrote a review of a business website!
Consider how often we hear of Twitter users being visited by the police because they upset some snowflakes on Twitter!
I wouldn't make any assumptions about how stupid the police can be, they could be thick enough to consider regularly attacking one another here as harassment! If you go by the letter of the law two separate incidents can theoretically be considered harassment!
I'm looking to buy another 800-900K and the Fixed Quote I was getting (0.359) was matching some of the trades listed as sells.
On IG Sell is 0.35 vs Buy 0.37 which is clearly inaccurate.
Looked like the spread was 0.354 to 0.359.
Just checked a fixed quote got 0.3585p
fiisch I had a similar WTF moment when I saw 32bn shares for an IPO.
My mind went to are they expecting the SP to increase 100x in the first 5 years, so 5 years from now it will still look attractive at £1 a share. I've no idea.
It is a concept where the value of the company could increase 100x if it takes time for new competition to build a similar platform (there's bound to be competition if it works well for SYME). I don't feel silly imagining the value increasing 100x, the potential is there: there's countless $$$billions$$$ locked away on balance sheets which companies can't reinvest and the SYME platform can free up some of that locked away cash. I was surprised the service didn't already exist when I first researched SYME.
It's very easy in principal for a big player to build their own platform, but it won't be available overnight and I suspect the SYME service is going to be in VERY high demand. So at least short-term (few years) SYME should have competitive advantage. We should get a few good years of SP growth.
It's like the sub-prime mortgages concept (not in a bad way: there's nothing wrong with the concept of bundling mortgages together into a security, but greed made it go wrong!), where someone has thought of a new way to make an attractive security to investors.
Similar could happen here if SYME or a competitor doesn't care about the quality of the inventory (like with sub-prime mortgages), but that's a concern for 5 years from now, not today. To be clear I think SYME recognise the danger of monetising low quality inventory (where the business might go under) and at this stage at least are going for high quality, so nothing to worry about today.
I've got 600,000 shares at 0.36 average (bought on Monday) and looking to add 800,000 to 900,000 more. Was expecting the SP to decline a little this week (head towards 0.30p), but it's stayed flat, so getting FOMO since the RNS could hit Monday morning.
I hate FOMO, give me a little dip to 0.33 so I can buy today and feel good about it! :-)
MarkoOiler What's your problem with FACTS?
People are confusing the old news from 6 weeks ago (already priced in) with an Italian language conference a couple of days ago which might not be fully priced in. The new Swiss conference has even better info (even more potential securitisations) vs the old news, but it was in Italian and I haven't seen a translation so far.
I'd be less likely to buy in further (plan to add another 900K shares soon) if the old news was current.
That's old info from https://www.classagora.it/eventi/mf-digital-week-2020 29th September to 1st October right?
Explains why the text says 1st securitisation will complete by end of October, that's been delayed at least a few weeks: expect about now.
So not a translation of the latest Swiss event.
sharehunter3 I'm not seeing any indication of upwards momentum, high volume etc...
If I set volume to hourly I can see the hourly volume has dropped since a relative high on Monday (above 40M an hour), the volume now is on the low side (below 20M an hour, the last hour just 11M).
On the plus side the last 5 hours though low volume is all green (3 hours before that red, 8 hours before that green).
Just looking at volume it's gone from a little high and red on Monday and Tuesday, lower volume Wednesday and Thursday but green.
Basically the share price is treading water this week with no indication where it will go short-term.
If you can't buy why are so many buys and sells going through?
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
18-Nov-20 14:42:49 0.364 512,531 Sell* 0.35 0.38 1,868 O
18-Nov-20 14:41:21 0.358 200,000 Sell* 0.35 0.38 715.20 O
18-Nov-20 14:39:07 0.367 1,080,338 Buy* 0.35 0.38 3,969 O
18-Nov-20 14:37:20 0.369 536,375 Buy* 0.35 0.38 1,978 O
18-Nov-20 14:37:04 0.358 1,450,000 Sell* 0.35 0.38 5,187 O
18-Nov-20 14:35:43 0.358 1,659,670 Sell* 0.35 0.38 5,935 O
18-Nov-20 14:34:54 0.357 291,411 Sell* 0.35 0.38 1,042 O
18-Nov-20 13:32:01 0.349 1,989,493 Unknown* 0.35 0.38 6,953 O
18-Nov-20 14:31:14 0.37 30,656 Buy* 0.35 0.38 113.43 O
18-Nov-20 14:30:28 0.37 57,640 Buy* 0.35 0.38 213.27 O
Either you are ramping which is annoying or have set a limit order too high.
If you are being honest, I've had an issue with some shares where I've set a limit order at or above the buy price, but no joy. I have found with some shares it's better to go with a Fixed Quote, they can be lower than what you might expect from the Ask price.
For example tried to buy Gfinity via a limit order recently, had the order up for hours and eventually moved the price up to just above the Ask price (I use IG), still didn't go through. Tried a Fixed Quote while the Limit Order was still not filled and was quoted a lower price than my Limit Order!
Always test the Fixed Quote price, it can be lower than what you'd expect.
I bought 600,000 shares at 0.36p on Monday knowing the SP will likely trend down at least until the 1st securitisation completes : waiting on the RNS due any day now.
That's less than half the shares I want, I'm spreading my risk because the SP is likely to trend down.
I've been relatively lucky to notice SYME recently (Friday), had I noticed the company just 2 weeks ago there's a VERY good chance I'd have bought 1.5M shares at the 0.45p range and would be sitting on a decent loss now waiting for solid news.
Anyway, it's obvious why this has happened.
The SP went all the way down to 0.05p (way oversold) then started to jump getting close to 1p and lots of greedy retail investors (I'm a greedy retain investor) bought in too late expecting the SP to break through 1p and beyond, they bought on a relative high) the share was WAY oversold in early August (RSI was 93 for feck sake!).
There's been no 1p+ NOW news since the jump, most news has been look what might be happening, we are talking to these big investors, but can't tell you who they are or any detailed terms, and we nearly have a capital bank with 8bn, but until it's a done deal who knows for certain... When news is certain regarding £££s the SP should trend up.
If you understand the news flow and take into account the share was first oversold at 0.05p and overbought at 0.50p+ the decline makes sense in hindsight, though now it's getting close to oversold again (RSI close to 0.3), so looks like a good place to buy in, but until the securitisation RNS hits the SP could fall to or below 0.30p.
There was a lot of over excitement here and on Twitter yesterday over the slide, have to admit it confirmed what I'd researched over the weekend and I want to buy more, BUT other than holders of SYME who else would be getting excited about a screenshot from a video enough to buy LOTS of shares today?
I'm betting most here are already at or very close to their maximum exposure on SYME, so most here won't be buying more today: you probably topped up in earlier drops in September and late October. Like I said, I'm lucky to have notice SYME on Friday and not weeks ago, so I can buy more, but I can wait probably like many of you did weeks ago for another dip.
Many others will be waiting for the solid news on the 1st securitisation to buy, some will buy in at the perfect time, others will miss the jump (assuming it jumps).
Be patient, long-term this looks bloody awesome (why I bought in), short-term though a slow down trend is very likely. The RNS should be the catalyst to reverse the trend, but even there I'm not certain, could be another short-term jump then back to down trend!
Or they fecked up previously being too optimistic and are keeping quiet until they are sure the revenue is in.
The forecast is for £1.5M for this year with most heavy 2nd half and with most of that if that in Q4.
Q4 is now, we are roughly 6 weeks into the 3 month period, do you really believe they have enough data to say "yes, we will have £1.5M by end of year"? Highly unlikely at this stage.
They will probably know by the beginning of December (2/3rds of Q4) and might give us an update in the 2nd/3rd week of December.
Remember though they have already said they believe they are on target for £1.5M this year, so if they still believe they will hit that target or it's close they don't have to inform us this year: we already know that info.
So no news about revenue until the January update strongly suggests the £1.5M has been met or is very close.
My view is they will post an update about revenue forecasts in December no matter what because of past mistakes. That's why I'm buying now at a relative low and not waiting, I'm at 70,000 shares and thinking about buying another 30,000 maybe next week.
I've got a great price **IF** they hit that £1.5M target.
Hounddog10 Some of what you said is why I started investing this week.
I look for the reasons not to invest and if I can still see a case to invest I'll buy in. So the pros outweigh the cons considerably, I can see the SP increasing multiple times IF they can get the marketing right: it's all about the message and it seems clear they haven't got the message across yet.
I think this should already be much higher, which is why I'm in.
I have a science background (studied genetics at Uni), so can understand the science behind d2p etc... I want to see the detailed science, go to https://www.symphonyenvironmental.com/antimicrobial-plastic/ where is the science?
I want to know what it is and how much leaches out overtime and if it becomes widespread will it be found in the food chain? Triclosan has been banned by the FDA in some products https://www.fda.gov/consumers/consumer-updates/5-things-know-about-triclosan , it's been found in humans.
Potential brands who want to use d2p in their products will also have these concerns.
Microban is a competitor, I want to know how d2p performs relative to Microban and why d2p is better, is it better/cheaper?
From my own research Microban infused products do not protect against Covid-19: https://www.microban.com/message-about-covid-19
d2p is a virucidal agent, it kills 99.9% of coronavirus (Covid-19 is a coronavirus) in an hour.
SYM have the potential to replace Microban as a market leader, but there's nothing on the site about being better than Microban.
There's a quick way to search a site for word using Google using the site: operator (I work in SEO marketing).
https://www.google.com/search?q=site%3Ahttps%3A%2F%2Fsymphonyenvironmental.com+microban&pws=0&gl=us&gws_rd=cr
The word Microban and Triclosan is not on the site.
d2p appears to be better than Microban that's a marketing opportunity.
Had they already figured all this stuff out the SP would be higher, so again these solvable problems are why I'm in. If they already had everything working perfectly there wouldn't be an opportunity, the SP would already be up.