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There might be a sense of disappointment about a lack of numbers in the RNS however this does represent a starting gun for bigger speculators. The model is there and now it looks to an investor that this is a good,safe opportunity to get in at a low price. SYME is no longer a punt.
Good times for LTHs
I've seen that and its built on a shaky premise. There was one 'alleged' analyst that put a 16p by Aug 2021 price tag on SYME in the summer. That prediction could have come from anywhere and we don't know what it was based on. That single prediction though is on a few systems such as the FT's which would then allow you to extrapolate that it would mean SYME would be in FTSE 100. It's all based on that one unverifiable piece of info though so should not be taken seriously.
There is good value in SYME, but no need to be over-egging it I feel.
SYME's offering is not a mass market sell. The website is really just for establishing trust and explaining the offering. Sales are done via conversations not google searches. Yeah it could do with improving but I'd rather they focussed time on getting off the launchpad before they worried too much about the website.
I've got nearly 17K in this. This coming week could make a huge difference to me. I've believed in the SYME idea and the management team since Mid Summer and its already paid off. If all goes to plan, I will be owe AZ a pint or two.
Start here
https://docs.google.com/document/d/1Vow9H-ySvXCVmWAkSi2pzMJBjLR_pY_rMFGAvQ7vKN4/edit?usp=sharing
Come back in the new Year when you've read it and welcome to the journey.
It signifies that we are beyond the 'pilot' point and that a working, sustainable 'new wheel' is up and running. AZ has spent a long time putting in a globally scalable business in place to go big as soon as this first step is complete. It really is a starting gun for the share price
Some people here still doubting that ‘Year End’ means dec 31 2020. It does.
SYME’s financial year end is September.
PR company confirmed Year end meant 31 Dec.
Also if you are issuing securities it makes sense to do it starting Jan 1st.
Next RNS is almost guaranteed to be on 31st. Smart money will price it in with today’s news. Hopefully see that in a rise today.
I see a lot of posts on here like 'This will be today's SP' or 'This will be the closing price'. It always reminds me of that annoying guy in the pub who stands behind you while you are playing a slot machine, shouting 'helpful' hints. He has no more idea than you do about what is going to happen on the next spin.
Over the long-term though, you can make predictions. I do it for a living. I am in the business of supporting company growth for a broad range of companies. There are common fundamentals in successful companies. As well as the product/service, there needs to be an ambitious, creative and energetic management team who can be resilient, listen to advice and learn from mistakes. You need a culture that the whole staff is bought into and you need a sales and customer care process that is top-notch. With companies like that you can predict growth easily. SYME is like that and is why I have bought in. This will fly at some point. It'll happen when it happens.
I just don't need the daily predictions from the guy behind me shouting '5p by Xmas!'
All the best to everyone on this board. Have a good festive break and will see y'all in 2021 when the sun will be shining on SYME. Guaranteed.