Member Info for extrader

Hi Longlad,

Thanks for this !

.."it was becoming clear that the economic viability of many of the projects was in doubt and a number of the debtor countries were struggling to service loans in the wake of the sharp fall in oil prices in late 2014..."

RoC has oil-sector related debt issues, for sure, but AIUI these have already been rescheduled/restructured by GLEN/Trafigura; and Goldman Sucks seems to be calling the next decade a commodity boom..

As to 'economic viability', I don't think I've ever read anything suggesting that Zanaga would be anything but a cash cow, esp. in the wider, multiplier effect of its related and ancillary/downstream infrastructure.

Confirmation bias again !
It's been suggested elsewhere that potential investors in R0C are perhaps waiting for formal default, so that 'new money' starts from a more solid, informed base. Who knows ?

Hard to square this talk of Africa doom and gloom with a mooted multibillion $$ fund-raise for Simandou...

ATB

Hi Aim2makemonee,

I took the challenge !

..". In the last Q and A with AZ, he answered 4 of my questions. I'm more informed than 99.99% of SYME investors..."

Here's a recent example of your 'incisive' questions to AZ :

.."Recent Q and A.

Q : Previously you were interviewed stating you were onboarding 50 companies per month. Do you have the capacity for more and as an example, would you be capable of onboarding 100 clients per month by 2022?

A : One of the key features of SYME is the scalability and flexibility of the platform.

SYME is studying new service models in order to increase its onboarding capabilities..."

This is what's known as a close -ended question, in which you provide a number for him to say yes/no .

It's generally better to ask an open-ended question ('how many...?) that forces him to be specific (or it's apparent that he's not answering the question).
As it is , AZ is allowed to give a generic, non-specific, non-commital , essentially meaningless reply, but some people will remember the 'increase' that YOUR question posited.

With the unintended consequence that your Q is arguably even less 'helpful' than AZ's reply.

IMO
HTH and ATB

Hi MRRR,

Finally got round to the interview.
Agree it was good as an intro for any newcomers, although as others have commented, some was difficult to follow (I couldn't follow the bit about the origins of SYME at Bocconi Uni, for example)

(1) The interview was 'soft' , with a 'fintechie' : .."Dinis Guarda - citiesabc is a fast growing Youtube Podcast Thought leadership channel focused on profiling global leading inspiring people, leaders, CEOs, authors, technologists, academics. We highlight the ideas, products, inventions, software, books & solutions to the multiple challenges / opportunities we face in our cities / nations with the advent of Society 5.0 digital transformation 4IR AI Blockchain Fintech IoT disruptive tech Dinis Guarda is author of books such as 4IR: AI, Blockchain, Fintech Reinventing a Nation" "How Businesses and Governments can Prosper with Fintech, Blockchain and AI?”, “Blockchain AI Crypto Economics"Dinis Guarda has been listed in global fintech, blockchain, AI, social media industry top influencer in position 5/10/20/100 rankings: Top People In Blockchain by cointelegraph 2019, The Artificial Intelligence Power 100. He is the founder of citiesabc.com openbusinesscouncil.org intelligenthq.com fashionabc.org ztudium.com techabc.org idna.technology.."

(2) AZ referenced (without naming) the wine producer example (Tasca d'Almerita) which is good, why share this with one of the 'converted' (Dinis Guarda) and not with the intended buyer of his product/ his shareholders ? There's no NDA issue, here they are : https://winenews.it/en/wine-if-the-warehouse-turns-into-economic-liquidity-without-opening-credit-lines_417592/

(3) About the only 'new news' re marketing approach for long-term followers was the 'pivot' to re-shape the portfolio towards larger co's, where the expectation is that more savvy CFO's would better understand the offering, push harder for adoption...and then cascade down that business's supply chain. So more 'top down' than hitherto.

(4) In the M East, AZ mentioned the prospect of tapping into local government infrastructure by monetising public sector warehousing inventory, sounds like an iMass led initiative.

(5) Lots of nuanced 'techie' stuff, above my paygrade, interesting for fintech academics but unlikely, IMO, to register with most of his intended (?) audience, product users or potential investors.
They'll probably want to see a meaty RNS with names and numbers, this interview gave neither.

IMO
ATB

Hi Aberdeenman,

Thanks for this !

Snippets :
.."A dozen Chinese steel companies have struck long-term supply agreements with Fortescue Metals Group (ASX:FMG).

The deals were agreed on the sidelines of the China International Import Expo and included FMG shareholder, Hunan Valin Iron & Steel Group.
Other steel firms in China such as Baotou Iron & Steel Group, and Rizhao Steel also signed agreements for FMG’s iron ore."

The driver : .."Fresh environmental restrictions on steel plants in Tangshan are also creating demand for higher-grade iron ore..."

ATB

Hi 99icecream,

Good thinking !

Even better if - as we collectively seem to think - Zanaga offers 'more bang for the buck' : quicker/cheaper to develop, easier/shorter route to market, equally high quality product, more indirect benefits (bauxite, potash, etc) to spread amongst a population 1/4 the size...

If a Simandou financing is well received, it might even encourage GLEN to think of what might be...

ATB

Hi fiisch,

.."The presence or absence of individual posters is neither a reason to invest or to sell..."

Absolutely ! You'd be surprised (or maybe not) at how many people point to director's buys (that turn out on closer inspection to be not quite) as reasons to invest, though.

'.."The presence of posters not invested, is a clue that's much excitement about the potential of the share..."

I'm excited about AI, about biotech and about fintech, to name but 3. SYME's offering is one-of-a-kind, so I'm interested.
And, amidst all the dross, there are some good posts here from time to time, that add to /nuance my understanding of the issues.

TSLA's stock market defies rational analysis, but it's working, for now; NKLA's doesn't and isn't. Both are or will be 'case studies'.

ATB

ATB

Hi all,

Just on depreciation rates (;-<) , I'd think cars would likely fall into the 'perishables' category of items excluded from finance by SYME.

ATB

Hi all,

RTZ , not BHP, I think.....

AT's feedback re article , btw, was that he thought it likely the hiatus was simply SMB/Willing unwilling to commit funds until ALL approvals were in place...

ATB

Hi fiisch,

..." you and your cohort are so desperate to undermine SYME ..."

Well, that's where you're wrong, see.
Firstly, I'm a 'one-man cohort', not part of an evil conspiracy.
Second, I'm not 'desperate', because I have no financial interest either way, so can afford (literally) to look at things dispassionately/disinterestedly/objectively, unlike most posters who are either 'for' or 'agin'.
Third, I've no need to 'undermine' SYME because it seems to be that they're doing a pretty fair job of that themselves, by their (mis)management of expectations ; the opaqueness of the (still unfinished ? ) ownership shifts ; the changes in accounting treatment and dates; the failure to mention a concurrent £ 40m Vendor Placing while 'bigging up' a £ 2.2 m public offering; the international roll-outs that seem long on 'potential' and short on substance; etc, etc.

The fact that far more informed/involved posters than me such as apunter2 and Weathergeek have gone silent is the sort of 'evidence of absence' that might give people pause for thought.

All this could change, of course, if Storm Harbour LLP (finance advisory services) comes through with the goods. The fact that the only comments re their role that I've seen came from their lawyer isn't (for me) an indicator either way.

IMO
ATB

Hi fiisch et al,

Just taking a rain-enforced break from the olive harvest , so popped in to catch up.

That was a wasted 2 mins.

29 recs and counting for this ...

.."Just waiting for Holly , Chalker and ExTrader to show up and question the validity of Maradona death claims and whether he ever actually played in the Argentina International Team or if in fact he’s alive and well and playing for Garforth Town on Saturday........"

Guys (and gals) : there's plenty of evidence of Maradona's early demise and of his international playing record, whereas here there's endless talk of pilot studies (livestock and electrical eqpt); unicorns; a 'fifth wheel' ; Carrefour; Rolls Royce; etc , etc....
...where nobody questions the complete 'absence of evidence'....

I 'get' that 'absence of evidence isn't evidence of absence' but you fiisch and the '29' are on the wrong side of the argument here.

Complete logic fail.
IMO

ATB

Hi Longlad,

Thanks for this ! I've forwarded to AT, asking for comment....

ATB

Hi BlahBlahDoh,

Most wearables are tethered to a mobile/iPhone, which offers camera (visual interpretation of computer imaging, 'take a selfie')and audio(Siri etc) for detection of breathing and other bodily noises.
Combine the 3 , add in a good dose of AI and you've got your own portable medical analyst !

ATB

Hi all,

A bit more about where Elaine's a NED

hxxps://www.ipgroupplc.com/

IPO goals in ORPH's space :

.."3.3 By 2030, end the epidemics of AIDS, tuberculosis, malaria and neglected tropical diseases and combat hepatitis, water-borne diseases and other communicable diseases
3.4 By 2030, reduce by one third premature mortality from non-communicable diseases and promote mental health and well being
3.D Strengthen the capacity for early warning, risk reduction and management of national and global health risks.

That network effect, again...
ATB

Hi Longlad,

'An older link..'

In more ways than one : look at the runners-up, including from Amryt...

.."The other finalists in the emerging category this year were: Darragh McCarthy of FinTru; Paddy Finn of Electricity Exchange; Joe Wiley of Amryt Pharma; Patrick J Rigney of the Shed Distillery; David and Sandra Whelan of VR Education; Eoin Leonard of i3PT Certification; and Noel O’Hanlon of Genesis Automation..."

ATB

Quite ! Add this out-of-left-field development to all the 'known knowns' in the pipeline...

Successor material to CF , for when he decides to move on ?

ATB

Hi Aberdeenman,

Good stuff !

Re your .."the investment case in macro terms is stronger now, yet the price a fraction of what it was then, even taking into account dilution..."
Agreed...save that, until recently - staff LTIP and retention + Shard - dilution has actually been remarkably little for an AIM stock...

ATB

All held back by a 2 x share UT, yes 12p worth......

ATB

Hi fiisch,

Surprised to see myself name-checked...so thought I'd fact check what you wrote :

- it's 107 in the last month, not the last 3 months . Surprised it's that many tbh, there must be an awful lot of misconceptions/misleading statements about : Yours is just the latest.....
- I post on a number of boards , SYME is the most interesting (I've explained why before);
- a quick skim suggests that most of my posts (SYME and elsewhere) are providing factual information .

"Consider the source" - always a good idea :

I see that you've been contributing (I use the term advisedly) under this name for the last 3 months (maybe that's the source of your confusion), 100% on SYME in the last 30 days.

As Private Eye would say, " Maybe you should get out a little more."

Have a good weekend, everyone !
ATB

Hi Gotham,

.."Worst thing about is that its Carrefour supplier not Carrefour themselves. I think Seadork can't read RNS properly..."

I think about 95% of the posters on this BB have said or repeated that SYME is working with Carrefour, in the same way as the Beloved Leader dropped heavy hints about Rolls Royce.....which was also similarly repeated by the echo chamber.

'To err is human...but isn't it divine ? '

ATB

Hi fiisch,

.."Why did Supply @ Me decide to issue 32bn shares @ 1.1p for the IPO in March?.."

I reckon 2 reasons : 'bragging rights' as you've mentioned. And liquidity : very accessible to the average punter.
Although notionally 'main market', SYME has many characteristics of an AIM share and targets a similar investor profile.

IMO
ATB