Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Seadoc, Extrader, alas I'm not as multi-lingual as you learned fellows, but I believe the Germans have a word for people who sit on the periphery scared to dip their toe in the water. "Sitzenpinkler", literally translated as man who sits down to urinate.
Hopefully you'll gain the confidence to join the rest of us in having stand-up wees soon.
Q21: How confident are you regarding your option call at 0.69p on 31/12/2020, referenced in the RNS of 24th September?
A: We have every faith in the Platform and in the Company but do not control the share price.
No bluff and bluster. No baseless, crazy share price predictions, and equally didn't rise to the bait and take a swipe at detractors in the earlier questions when asked about LSE/ADVFN forums and the huge amount of interest this share is getting.
A calm, measured response. The company and it's platform will do the talking.
Ignoring the speculation, sticking firmly to the facts and keeping it simple:
GOOD
- Supply@Me described as a "new wheel" for inventory supply chain financing, and demand for this service has been confirmed in RNS';
- Carrefour (French Supermarket Chain on a scale with Tesco) is a confirmed client;
- They've bought a bank and have EUR8bn of funding which has accelerated the previous business model;
- Global presence - UK; US and UAE pilots, giving access to trillion dollar markets;
- CEO has "bet" share price will be above 0.69p come 31/12/20 (more like 0.85p if you consider the option cost of £1.1m);
- Respected names on the BoD from the world of Fintech.
BAD
- Lots of shares in issue (32bn), relatively high market cap for a company that has reported little turnover to date;
- Chairman sold a small proportion of his total shareholding for unknown reason in September;
- Ludicrous amount of noise for a penny stock. Name another share trading >1p that has ever had this much interests and posts on social media.
The noise is deafening, and as a new investor it's a difficult place to be. Ask yourself, why did you invest in the first place? Does it have potential - absolutely. It's a brand new type of financing and is already banding about huge numbers.
It is highly speculative - it's early on in the business model, there are those who clearly have a vested interest in seeing this stock fail (or at least for the price to temporarily drop further) and is obvious high risk, but with high risk comes the potential for high rewards.
How big are your balls?
Zak Mir - Share Traders Cafe
Link: https://www.share-talk.com/alessandro-zamboni-ceo-of-supply-me-capital-syme-l-qa/#gs.ln1ruk
Confident responses from AZ, and just ratchets the anticipation up another notch for me. Didn't really give anything away or tell us anything we don't know, as you would reasonably expect from an interview without an accompanying regulatory news release.
Last 3 questions were mine, and more than satisfied with answers - and just topped up a final 0.5m shares. Finding it increasingly difficult to keep my feet on the ground with this share - pulled together a list of good/bad points for SYME on Twitter, and researching got me super-excited. Yes it's not the perfect share (if such a thing exists?) and there are points still to be clarified/evidenced, but at mid 0.3p/share and the potential of this company, the headroom for growth is enormous. Arguably the most exciting share to be invested in, and by far the biggest % of my overall portfolio I have ever held in an individual company. When was the last time a penny stock received this much attention?
The story is building, the unicorn is growing, but multi-billion pound companies do not spring up overnight. Investors need to be patient, and not expect bi-weekly RNS' that catapult the shareprice into another territory.
"LONG TERM INVESTORS WILL BE REWARDED"
Simple?! I work in IT for a financial services company, conceptually, I find it a difficult one to get my head around. I did watch a Tony Brown Youtube video (prior his involvement with Supply @ Me) that someone sent me and that is the closest I have come to understanding inventory financing.
https://www.youtube.com/watch?v=S-XdqVEfbWw
Some of his comments here make the subsequent Supply @ Me tie-up especially exciting.
Remarkably like Tom Winnifrith's writing style, is that.
Wowee, that site is quite a piece of work. The fundamental question for me is: Why would someone be motivated to go to all the time and effort to set up something like this?
Ahh, it's Friday, so the boards are back to the bickering minus any tangible facts or useless research. It was all getting a bit dull and civilised anyway. Thought I'd punctuate the squabbling with a few facts...
The Bad:
- High market cap (circa £120m) for a company that to date has reported little turnover (£465k) as is still a start-up in very early days of trading;
- Has attracted traders predictable share-price movements immediately before and after news released to market, and new investors with high expectations of fast-moving share prices in post-Covid trading conditions;
- A lot of eyes on this stock - has a penny stock ever had this much attention?
- TR1 Fact: Chairman Dominic White sold a small portion of his overall holding of shares in September, reportedly due to personal circumstance;
- Erratic news-flow and charismatic CEO who is often interviewed. When promises and statements made and not followed up by formal RNS, this has caused falls in the share price;
- Lots of shares in circulation - 32bn.
The Good
- RNS Fact: 272 companies confirmed to be wanting to use SYME’s services, on-boarding at a rate of circa 50 per month. Massive clients already on-boarded, including Carrefour, a French supermarket chain that turned over £70bn in 2019. By comparison, Tesco turned over £63bn in the same year;
- RNS Fact: SYME has confirmed purchase of a yet-to-be-named bank, providing £8bn of funding. This has significantly accelerated the business expansion plans over next 5 years;
- RNS Fact: Pilots in-progress UK, US and UAE due to global demand;
- TR1 Fact: Directors have bought £20m of shares at an average price of 0.69p, higher than today’s average in mid 0.3p range;
- RNS Fact: CEO Alessandro Zamboni has a £1.1m “bet” that the share price will be above 0.69p by 31/12/2020. For this “bet” to pay off, share price needs to be above 0.85p by this date;
- RNS Fact: Significant news due imminently (confirmed “within weeks” on Friday 30th October) regarding Q3 financials and Stormharbour funding, which is predicted to have a positive impact on the share price;
- SYME have acknowledged the share price movement and shortfalls in news release strategy, and have vowed to change this up going forwards;
- Some respected names on the board of SYME in the world of Fintech. It would be career-ending if they associated themselves with a fraudulent, “pump ’n’ dump” outfit;
- Future consolidation of shares promised by the CEO.
Despite Warren's famous "don't invest what you don't understand in", and no one really having a clue what SYME do or what blockchain is, I liken this investment to a 16-fold football accumulator, where you already know the outcome of 12 of the games. There's a lot of the pieces already in place, and potentially a huge upside here. It's very high risk, as any start-up is, but potentially very, very high reward.
What other sub-penny stock has ever had this much attention?
Spot on Tex. Baby steps and all that.
Besides, I've rather got my heart set on the new BMW M3. I'm a patient man though - I'll take the X-drive version which is not out until August, so happy to wait until then for the SP to reach 40p.
Make mine a vanilla latte. ;-)
That makes a little more sense - so potentially you would invest again, depending on what the news flow is from SYME? Therefore, you can see my point, that your post claiming to be entirely altruistic in your motivations for posting about SYME can be discounted.
Investing is a big-boys' game - any share represents potential for losses, with any penny share or new start-up, this potential exponentially increases. I do wince at posts where people have claimed to invest next month's mortgage money, or have some socking great percentage of their PF in this. But as a punt, a small percentage of one's portfolio, Supply@Me represents the best opportunity in the market of the fabled multi-bagger for my money.
The ingredients are here. The people involved are not snakeskin salesmen, the numbers being banded about and the partnerships and clients already confirmed via RNS' are significant. I worked in insurance fraud for 5 years, so like to think I can smell a scam a mile off, but everything I've extensively researched refutes any underhand tactics.
Now is a fantastic entry point - the date of AZ's options call is fast arriving, and there's some hefty news in the offing. Don't miss the boat. :-)
That makes a little more sense - so potentially you would invest again, depending on what the news flow is from SYME? Therefore, you can see my point, that your post claiming to be entirely altruistic in your motivations for posting about SYME can be discounted.
Investing is a big-boys' game - any share represents potential for losses, with any penny share or new start-up, this potential exponentially increases. I do wince at posts where people have claimed to invest next month's mortgage money, or have some socking great percentage of their PF in this. But as a punt, a small percentage of one's portfolio, Supply@Me represents the best opportunity in the market of the fabled multi-bagger for my money.
The ingredients are here. The people involved are not snakeskin salesmen, the numbers being banded about and the partnerships and clients already confirmed via RNS' are significant. I worked in insurance fraud for 5 years, so like to think I can smell a scam a mile off, but everything I've extensively researched refutes any underhand tactics.
Now is a fantastic entry point - the date of AZ's options call is fast arriving, and there's some hefty news in the offing. Don't miss the boat. :-)
Holly - in which case, why would warn people off a share that could be “deal of the century”....?
I’m struggling to see your angle here - are you invested, are you considering investing, or have you changed your mind and SYME may not be the deal of the century? Why?
Genuinely curious - I’m invested here (3m odd), but much of my PF is like you in passive funds. I tend to prefer the more boring investing options, but as a punt Supply@Me has me hooked.
I accept there are some kinks to be ironed out, there’s questions to be answered and deals/future promises to be firmed up, but then if we had these I wouldn’t have got in at an average 0.3-odd. I also think there’s a heck of a story building here, and one that I’d rather be in than out of.
Holly - in EUA forum, you described SYME as: “could be deal of the century.”
You’ve posted 4x more here than stocks you’re invested in.
So, when you stated your motives were altruistic and you were simply looking out for naive investors’ interests, you were of course talking utter rubbish and indeed looking to further your own selfish interests.
Nothing against constructive debate - indeed, I’m all for hearing any weakness in the company - but I’m less interested in hearing from a duplicitous little toad.
It could be for personal gain. I'm not convinced by the idea of "paid" rampers/de-rampers, but I've never been one for a conspiracy theory, but individuals may fancy this share but at a cheaper price than as-is today. This is evidenced by posters who've been enormous cynics who suddenly become SYME's number one fan overnight...!
But the fact is, for people to post on a board for a stock that they do not hold, and are extremely critical of and seemingly have no interest in holding, reinforces for me the notion that there is something here. Why would anyone bother criticising a stock that they do not hold? Don't for a second think any poster's motive is altruistic - investing is a very selfish pursuit.
It's a cliche, but "Do Your Own Research" and make your own decisions is vital.
I'm all for constructive debate, but "1p by Friday" ; "0.20p by next week" posts are equally irrelevant. I don't filter anyone as I'm interested to read the good and the bad, but I take everything I read on here with a pinch of salt and research everything for myself.
That said: "Stay tuned; Unicorn in the making; 2p by Christmas".
D*** swinging between ramp/de-ramp posters littered with personal insults and scant useful content in between.
Probably best to do your research by reading RNS' and the various interviews that have been recorded, and check back in once the children decide to let the adults talk. Either way, welcome aboard the rollercoaster. :-)
Thanks for your thoughts JustAHobby. You are indeed a generous man with your time, posting on a bulletin board for a share you are not invested.
I'm a trifle more busy, so tend not to post on boards where I'm not invested. Just topped up another million - only a investing novice would be unable to spot the green flags and golden pathway ahead for this share.