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Angus, with the great respect, therein lies your problem.
Putting "everything" into an established, FTSE100 is extremely high risk. Putting everything into a penny stock that has been listed for a year and hasn't started trading yet is frankly, madness. I am as confident as I can be in SYME, AZ, and for the share price to eventually be many, many multiples of here, but there are no guarantees in investing.
Quite what were you expecting from a 2019 AGM Angus? The Beatles to open for AZ, followed by 5 minutes of Dom White performing stand-up before introducing AZ to a glitzy stage who'd proudly announce HSBC are the captive bank, Rolls Royce are fully monetised and the Bullet Club have a pipeline of new business of 24 trillion clients?
Very positive for me - very confident in my investment here. Patience will pay huge dividends here.
I do fear some investors have bought in heavily here, without knowing what the **** they're doing. Understand the timelines involved, and the legal processes around running a company.
@TheGuvnor78 - similar situation to yourself, and fully agree. When browsing these forums, I'm looking for people's genuine opinions and thoughts on a share - not childish positive/negative posts nor insidious attempts to change opinion by posting deliberating misleading questions.
I wonder how many posts would still be made if people were forced to post under their real names with their real job title/company names? A Investors Forum that uses one's LinkedIn profile - you might just be on to something there! Let me know when the IPO is - I'm in.
@Rugbyrob - sold to get spiked on Avacta, the founding member of the fabled Bullet Club and one of the most effervescent fountains of self-serving excrement on Twitter.
Thanks for the tip, but respectfully, I'll disregard your September prediction.
My sale at 9.08p (purchased at 7.86p) on 19/02/ is looking well-timed...! Not. Great succession of RNS', the Q3 results look healthy given the circumstances and surprised to see share price action this morning, although we're still in silly hour. Well done to all those who held through February - especially first few weeks.
I'd bet my left testical on the SOA being approved and AMGO recovering many multiples from here given the TR1s. Learned a valuable lesson on this one. Watching share like a hawk to see if I get an opportunity to buy in.
I err suppose this is where I'm supposed to de-ramp?! :-)
Avacta is firmly on my watchlist to buy in the morning (assuming I get the opportunity), and I understand Boris' roadmap and how testing is going to be fundamental to reopening society. I've noticed on this board and elsewhere that there seems a very high degree of confidence that it'll be the Avacta test that the government will be using, but where does this come from exactly? What's driving this?
Disclaimer: I am just being a bit lazy, and probably a bit thick - this is not a question to spread doubt, just trying to research! I've seen the epic squabbles with ODX holders on Twitter, so thought I'd add this just for avoidance of doubt :-)
My reading is also that Bybrook are shorting, so I sold out at 9.08p for a small profit. That TR1 leaves me somewhat nervous, whether that's the right decision time will tell, but fingers crossed for LTHs - this is still a binary play with SOA news due very soon. I can't see it in anyone's interests for Amigo not to restart lending, but could be a little bumpy (if it hasn't been already!) until then.
Reading some posts on here reminds me of the Karen posts on social media about social distance not being properly observed in a local supermarket - "everyone is ramping/de-ramping/not talking about the share except me."
This page has descended into anarchy. The Telegram Group has some good researched posts, but punctuated by 100s of largely irrelevant chatter. There is very little to say on SYME. The share is delisted, there has been only small activity that us investors can see, and we're waiting for what I hope is great news alongside the share being re-listed to see us well north of here. That is all there is to it.
The fact there are still 100s of LSE posts, Telegram posts and Twitter posts is just inane drivel, but it does give me confidence that the fact this share STILL gets so much attention means there's something here. Even the LSE/Twitter accounts that are dedicating to finding fault have a borderline unhealthy obsession, whatever their motives are. Lockdown, the sniff of multi-bags and shareholder hysteria are making for a crazy combination.
Tune out, enjoy the peace and quiet, maybe think about diversifying your investments and buying a second share, and wait for Alessandro to blow the bloody doors off. Patience is all that's needed here.
(Yes, I realise the irony of this post, given it's no.49263 of SYME share lockdown without new information.) :-)
Happy days - what's caused a 10% rise I wonder? Leak of news in the morning?
Spot on HarrryM - remarkable that SYME continues to be one of the most discussed shares on LSE despite being suspended. Whether you're a shorter or a longer, I think all would agree there's rarely a dull moment following Supply@Me.
The fundamentals are there - the company just needs to be allowed the time and space to grow and, for my money, the profit will be very much in the pockets of the longers.
This morning's initial share price action was typical of a market over-reaction to news perceived as negative. Ring-fencing the customer complaints was always on the cards, and for me there were no surprises this morning.
Bought back in (held in the summer, sold when prices rose with the JB saga) as sub 8p is great value for my money. Recent Director Buys at 9.xxp during November reinforce this assertion.
Glad to be re-aboard the rollercoaster. :-)
Ooh hello! Finally broken 21.5p.... will make for an interesting close to the week.