Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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.
Good Morning Extrader,
Permit yourself a wry smile, just this once. I didn't realise there was any argument or sides in regards to our Golden Unicorn, Supply@Me. The fact you and your cohort are so desperate to undermine SYME merely serves to excite me - an unproven business model, serving toilet roll providers to French supermarkets with a dodgy ownership structure and suspicions of fraud, yet still you haunt this page waiting for your entry point. You must think there's huge potential here if even after all those flaws you still maintain a keen interest in this share!
Best of luck timing it right - presumably you'll be buying in late this afternoon in readiness for tomorrow's RNS? Exciting times indeed!
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........
Good morning,
I am researching BIDS as a possible future investment - I do like the concept, and very familiar with FIFA and Football Manager games. I am working from home currently, so should be able to get lots of research in. :-)
One thing I cannot fathom - what was going on with the share price in 2010 and 2014? Google shows 10/1/2020 share price at 18,527.28 and 28,597.98 on 21/11/2014 - are these glitches, or is there some crazy reason for these prices that ruin the scale of the long-term graph?
No, but AJ Bell advised not to expect anything until middle of next month. Think most brokers, HL excepted, have yet to show Accustem in people’s accounts.
Whoa Holly you must be super-excited about SYME’s potential if you think it might be crooked but insist on keeping them on your watchlist! Do you think we might see £1/share next year?!
This reply betrays your true intentions - as you well know, the vast majority for your queries wouldn’t trigger an RNS. SH and accounts fair enough, but the rest I fear you may need to dig a bit deeper. Best of luck getting your target price; I hope you don’t miss out.
Extrader: Need to get out more, but less posts than yourself? That’s a warped logic right there.
107 posts in a month on a stock you don’t care for.... Go figure.
For one thing, Lidl is German....
I think the Client Update RNS was pandering to PIs demanding to know the clients - before you invest in HSBC, do you demand to see the list of business loan customers they have?
My reference to Tesco was tongue-in-cheek - Carrefour have been likened to Tesco due to their size. Anyway, we all know the large UK brand AZ is referring to is Rolls Royce.........
Semantics. Not sure if you're being facetious, but it certainly isn't the chap supplying bog rolls to the staff toilets in his local chain. It just isn't.
Full disclosure: I'm not all in. I'm still sceptical the average PI can generally get close to beating the market, therefore the vast majority of my PF is in passive funds. The added spare time from WFH and Covid, prompted me to dip my toe in. I have a couple of other holdings, but SYME is by far the biggest of my holdings and the one with the greatest potential in my opinion.
Out of curiosity, what facts need to be in the next RNS for you to buy back in?
Carrefour, or companies part of Carrefour supply chain, is semantics.
Why do you feel the need to moderate a forum on a subject that you purportedly have no interest in? Do you get paid for your time, or are you trying to nip in at a lower price?
Why else would you bother returning and spending so much time posting here? Perhaps if you were honest, and stopped avoiding these questions as a collective, more people would listen to you?
Sincerest apologies Extrader - we missed you 100th post celebration on SYME! 107 posts on SYME spanning three months! That really is quite the achievement and must have taken a lot of effort for a stock that you purportedly have no interest in investing in.
You truly are a God amongst men.
seadoc - wonderful to hear you've expended the effort to write to Carrefour in English and in French. Thank you for investing so much time in a share you haven't (yet) purchased!
Do keep us posted on when you hear from Carrefour - they're immensely busy handling Supply@Me's enormous cash injection currently, but I'm sure they'll get to your email.
I wonder who the "large UK retail" brand is that SYME is working with? Might it be worth writing to Tesco as well?
@Parm - I don't think AZ would be able to give a straight answer - there'll be an internal rationale for issuing 32bn shares but I doubt he'll share that with a PI. Besides, he has a habit of responding to PI emails over weekends - I'd rather he rest up and keep that entrepreneurial hunger for weekdays :-)
@DavidLaw - thanks, that's where my thought process was heading, but wondered if I was suffering confirmation bias. The number of shares has been a criticism of SYME, whereas I actually wonder if it's a signal of their ambition? AZ did mention somewhere on a previous interview (think it was one of the ProActive ones) about a possible Share Consolidation in the future, but perhaps this would only be a consideration if the SP doesn't get to where they think/hope it might be at a certain point?
I've given up trying to predict daily movements of SYME - at one point it was tempting to day trade, especially as I got in very early around .2 initially. I've gradually increased my holdings to 4.2m but averaged up, and then down again(!!), along the way to .41p - way larger holding than I was originally intending. Most of my PF is in passive funds, but had a bit of a dabble with "play money" in the wife's ISA, so now it's pretty much 90% SYME.
.32p looks like the bottom for now, but we'll see. Just beware, when the share price rises, it really motors!! This feels like one of the longest periods without an RNS in my time invested, and I think the change in strategy and acknowledgement that previous RNS' haven't had the desired effect explains why the next one is so eagerly anticipated..!
I'm just going over my research for SYME, to give me that nice fuzzy feeling of confidence supported by a blue Friday in time for the weekend...
One question I have, and Google doesn't seem to be giving me the answer is: Why did Supply @ Me decide to issue 32bn shares @ 1.1p for the IPO in March?
I know the company decides this at IPO, but why not 3.2bn shares at £1.10, or 332m shares at £11.00? AZ has already spoken of potential future plans to consolidate shares to increase price and make it more attractive to ii's, so why not save the bother and do this from the off? Could it be that they anticipated less shares would mean SP would grow to an extent that share-splitting needed, as per Tesla recently, or is a penny share more attractive to PIs for bragging rights down the pub? What am I missing?
No, it's a translation from the Swisstech conference on Tuesday.
Did make me wonder if RR, but "biggest brand in UK" could mean lots of other companies also. RR presumably fall under "distressed" business.
Tesco perhaps? If it's good enough for Carrefour...
Regardless, I've just added 1.5m shares as this to me underlines the share-price will be significantly North of here once this is formally communicated to market.
Ahh hadn't thought about the commission-free brokers. I hope the £4.03-worth of SYME shares makes the investor extremely rich!
Yes, also good to see SYME poke it's nose into blue territory. Could we be in for a happy afternoon?
300 and 500 buy gone through, so MMs will simultaneously take the share-price down 30% and gap up, if you believe in that sort of thing.
I think I'm getting a little addicted to watching the trades - I like numbers and it's a bit addictive, but what's the high volume of tiny buys? Surely this is completely pointless given fees etc?!
E.g.:
18-Nov-20 12:58:25 0.36 1,120 Buy* 4.03 O
18-Nov-20 12:58:25 0.36 2,067 Buy* 7.44 O
18-Nov-20 12:58:25 0.36 2,000 Buy* 7.20 O
Welcome aboard the rollercoaster Redditch.
Yes options call is still in play, £1.1m at 0.69xxp which needs >0.85p share price come 31/12/2020 for this to have worked out for AZ. I posed a question on this in Zak Mir's latest Q&A (Q21) regarding his confidence in achieving this. His response was along the lines of: "Confident in company and the platform, but we don't control the share price".