Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Final, final top-up this morning - £2k in the wife's SIPP. Now holding almost 5m across my SIPP, wife's SIPP and wife's ISA. If SYME does rocket, I do hope she doesn't leave me...!!!!!
Holding for the long-term and ignoring the noise - in a nutshell, this forum can be summarised as "Another tick up!; Americans online soon; 1p by lunchtime" and "AZ is a fraud; Supply@Me will never get regulatory approval" etc etc...
Exciting share to be invested in. Must stop watching the share price and checking for an RNS at 7:01am every morning... AZ's "coming days" is clearly a lot longer than my "coming days".....
An RNS and another 10% drop. Think that all but confirms the Covid-stock profits are all but done.
Huge green flag to heavily short this one - presume most on here are doing the same?
Is anyone still invested in RMS? Struggling to see a business model here given the roll-out of the vaccine and people's relaxing attitudes towards Covid. Inevitable this will fall much, much further.
Agree - I think on several occasions AZ has over-promised in terms of timescales and news. However, it's the over-excited entrepreneur - you can see he's bursting to give more, and is probably ranting at his legal team in excitable Italian, only to be told: "Calm down Alessandro. We still need to tick this box and sign this document".
However, it is a big positive to see the share price rising without news - you can taste the expectation, the amount of news due shortly is hugely exciting, the de-rampers have all-but disappeared and are getting the clueless B Team to cover the evening shift for them, it's about to blow. :-)
Whilst I love SYME, the Amazon/Apple comparison doesn't really work.
Amazon were quick to catch on to the buyer/seller marketplace model, but certainly not the first, and Apple reinvented themselves by clever product design and packaging products to make them extremely desirable to the end consumer, such that anyone without an iPhone is still living in the 20th Century.......
Still, I think it's a great investment - there a lot of boxes to tick, there's some news that the market needs, but this could, just could, be investment at the ground floor of a business with huge potential to scale.
It's interesting that the conversation has largely gone flat on LSE of late (pretty much the same old tired topics being discussed, the same assumptions or "could bes" being spoken about), and the share price, relatively speaking, is pretty stable. Exactly, then, per AZ's plan for their news release strategy.
Looking forward to Hugh joining the business....
Deftly avoided extrader.
I don't tend to invest in individual stocks. I've held some Insurance / IAG stock previously, but the vast majority of my investing has been in ETFs/ITs, which are far more boring and don't need daily babysitting unlike our developing unicorn here! I have a couple of tiny holdings elsewhere, but SYME has me utterly captivated, as it does you apparently.
ATB
Unlikely insurance. Goods In Transit insurance is already "a thing" and a fairly competitive market.
The only thing from an insurance perspective I can see (from working in London Market Insurance), is that the blockchain technology could give a greater insight into the risk being insured, which could be advantageous to ensure appropriate coverage and remove risk of underinsurance, so insurers would have an interest in the data SYME may hold about a particular client's inventory and/or goods in transit.
SYME could set themselves up as a broker to then insure the risk with a third party and charge a commission for doing so, but it is a very competitive market dominated by a select few huge players, and seems to be an entirely different arm of the business.
Ergo, I think he's referring to something else. :-)
Has any company ever had this much Private Investor attention and this much attention while the share has been below 1p?
This page has descended into chaos today, over a fairly modest, for SYME at least, 13% rise. More than enough justification for me to cling into my shares tightly.
Steven.P - £1.1m is the premium paid to the broker for the call option. Therefore, if the share price is below 0.6945p on 31/12, AZ has lost the £1.1m premium and not able to exercise the option to purchase additional shares at the agreed price.
Millfield - interesting hypothesis, but even with my limited knowledge of call options, the number of shares (630m) multiplied by the agreed share price (0.006945p) is £4,375,350.
From the RNS on 24/09/2020, the agreement is that AZ can acquire the shares should they be above the agreed price, ergo there absolutely is a strike price.
Unless I have misunderstood? The acquisition of 630m shares for £1.1m would be a bargain, even at today's share price.
Extrader: The presence or absence of individual posters is neither a reason to invest or to sell.
The presence of posters not invested, is a clue that's much excitement about the potential of the share, especially if they purportedly claim so many hurdles as barrier to their investment. It's .35p a share, it's very early in SYME's journey to World Domination, if all the pieces were there today, the share price would be much, much higher.