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www.trademeplus.com
Really baffled by this one. The site has just been set up, a lot of stock images/placeholder content used for the team and platform images. Supply @ Me is not the focus of the site - in fact, it's tucked away on a secondary page, and only one of a number of various types of product that TradeMePlus purport to offer.
Two credible theories:
1. It's a malicious fake designed to ramp investors and falsely link SYME and Taulia and a possible white-label provider.
- This doesn't feel very satisfactory - too much effort, the company TradeMePlus is genuine, and SYME isn't the focus of the site, more an also-ran on another page;
- If the site were malicious, you'd expect SYME to move quickly to discredit it (as they did before) - I, and I suspect a number of other investors, have contacted the company on this and no reply.
2. It's a website under development and not yet ready to use.
- Equally this feels unsatisfactory, as it could have been hidden behind an Under construction page or similar, and it would be strange to promote a site in an unfinished state to live, especially as it would appear content has not been proof-read (inventory "manetization").
The site seems too professional to be a malicious fake; too amateur to be genuine. Truly bizarre, not sure what to make of this one. Hopefully we get some clarity tomorrow.
Looks like the moment is upon us - TB sharing Eliant's launch of new inventory solutions: https://www.linkedin.com/feed/update/urn:li:activity:6891459876808441856/
White-label?
Some obsess over what the share price is doing, but forget behind that number there is a company, a company with 35 people and actively recruiting.
The recent recruitment: At the top, people such as Jim Coyle with impressive CVs, not one he would wish to tarnish as he enters the twilight years of his career; and at an operational level, BAU roles to help support and drive the core business activity, and that's before you look at Tom James and John Collis, who already had a fully-functioning and profitable business before willingly accepting the acquisition by Supply@Me.
If you look beyond the wiggly line on Google, this has become a bigger beast than even AZ envisaged. Once the ball starts rolling, the music has to keep playing - they can't IM, then pause. The entire infrastructure must be in place, yes there's been delays, yes AZ has been over-exuberant in his comms and yes the recent change in comms strategy has perhaps left some PIs feeling a little out the loop, but this is a fantastic opportunity for a Private Investor, especially at this price.
You need only look at the faceless social media accounts, the one-share wonders stalking this board desperate to let you know their disparaging thoughts on SYME, for affirmation of that as - let's be honest - there's not much value here in shorting, as the price doesn't have that far to fall..!
At these levels I've bought back in to Amigo, after holding for about a year before (selling on the rise but unfortunately before the big jump up to 30p to chase another rainbow). Staggered to see Amigo back at these levels, but at this price I couldn't resist...
Any good Telegram groups to join to keep up with the latest? TIA
Despite a weak defence, I can only see a Port Vale win in tonight's derby game against Walsall. As much as it pains me to say it, Vale will be in the run for the automatic places come May, but it is getting very tight at the top with Forest Green, Exeter, Swindon and Northampton all looking like genuine promotion contenders. GLA DYOR, but my money is on Swindon Town to make it 3 League 2 championships out of 3 attempts.
Fine investment strategy you have there. I believe the London Stock Exchange has a couple of other shares available for you to invest in - maybe you should consider one? I've heard diversification is good for the unconvinced.
I agree I don't think we'll see 0.5p again - following the next RNS, we'll be dealing in whole numbers only.
@Captain-Fanley - nothing wrong with having a punt on a Saturday. I love my 18-match accumulators...! But if investors are buying in on the basis of CEO soundbites, I'd respectfully suggest they're a long way short of the properly researching a stock before buying.
"We are not managing a delay" may not have been AZ talking out of his backside - I have my thoughts on this, but let's see how it plays out...
So when you said in your opening gambit "Maybe the detractors here, like me, who have asked questions, queried the statements and paid interviews AZ have given, read the accounts and traded the company, maybe, just maybe we weren't here to harm your capital, maybe we were just reading between the lines"
What you actually meant was "I have a vested interest in seeing the share price drop further before buying in so that I can continue to trade this"
What is Elon Musk, or any other number of extraverted CEOs, if not flamboyant?
I think there's enough there to all-but-confirm the start of IM and tangible incoming revenue in Q4 will halt any forthcoming monthly dilution, but time will tell. Good luck in your trades.
Abuse/insults/shut downs are pathetic - I switch off and do something else when this board descends into that. Hate to see that from either side.
But then, why are those people engaged in SYME to get abuse/insults/shut downs in the first place? There are certain AIM stocks I think are absolute dogs, but I don't post as such, and have no interaction with them. Why would anyone else be different (Unless they were either A). Shorting; B). Making money from trading or C). Considering an investment longer term)?
As investors, we're greedy individuals - the truth is, no one posts on an LSE board for a particular stock without trying to make money one way or another on it.
That said, I welcome opposing viewpoints - I have little interest in participating in an echo chamber, and sometimes people do post concerns/questions which have led me to digging a little deeper.
Your bullet points can mostly be summarised as a flamboyant CEO who is a bit of a showman at times - I enjoy his performances, but am hopeful some of the other directors will temper this (thought Mark and AZ were perfect pairing and complemented each other well on Proactive demo).
Not sure I get your point about demo on a PPT presentation - I thought the demo was very impressive? (I work in IT for InsureTec, so this was a particular area of interest/expertise for me).
Napalm012 - no one believes anyone would post on a message board for a stock they are not invested in are concerned about investors and their capital coming to any harm. To suggest otherwise is naive and ridiculous.
Maybe a lot of naive investors have bought into SYME on the back of Covid and finding themselves with a lot more time on their hands to play the markets and treat their ISAs like a Bet365 account, waiting for a golden/transformational RNS that will skyrocket their investment, and are buying in with unrealistic timeframes. The delays are frustrating - I am not going to dispute that - but ultimately, there is nothing in today's interims that is particularly negative. It is an interim update up to 30/6 - no more, no less. It is irrational PIs who have whipped themselves into a frenzy, and I must admit sometimes I have been drawn into this.
As others have said, SYME is a startup and therefore a binary play. You either believe Alessandro, Dr Tom James and John Collis and their team with impressive CVs will deliver, funding will be confirmed and IM will eventually begin in which case you should hold; or you believe these people will have a black mark on their CVs, and that the model is somehow flawed, in which case you should probably sell.
The mass hysteria, the posturing, the "I'm only here for the good of other investors", is all white noise.
I thought Mark and Alessandro were excellent on tonight's presentation with Proactive. The interview summed it up perfectly at the end - Mark, inscrutable, calm, articulate and clearly extremely knowledgable on his subject, Alessandro as ever the flamboyant showman, excited about his vision, likeable and a razor-sharp mind.
Key takeaways:
- Really impressed with the platform - I work in the InsureTech space, and I thought as a platform the Tradeflow/SYME platforms were clear, easy to use and covered the end-to-end process, which I wasn't necessarily expecting at this stage;
- News on the Shariah project is on the horizon;
- New chairman to be announced shortly (Tony Brown I wonder?);
- Market is putting too much emphasis on Fintech Bank announcement - 12 funders waiting in the wings. FB may not come next week, but there's nothing to suggest this will not go through at this stage;
- Investors need to be patient - really felt for AZ as he read through the comments. His face was a picture, some real immaturity from some investors, and others asking daft questions which obviously could not be answered outside of a formal RNS;
- The demo for SYME platform listed products for Marangoni Tyres.
An incredible amount of things happening in the background. The people, the technology, the eco-system is all moving nicely into place. It is merely a matter of time until LTHs reap the rewards.
"Axiomatically, the Curate's Egg here is that antidisestablishmentarianism has further triggered the hiatus of which we see today ergonomic growth in SYME augmented by partisan forces notwithstanding the industriousness henceforth shall be referred to hereon".
Anyone notice a distinct lack of negative posts on SYME posted on here/social media this morning?
It's almost as if another 50% Thursday per 12/08 is anticipated... All getting a bit too predictable Alessandro, we need a shake up and reward the long-term investors.....
@Loc123 - how/where did you see that re.: MSP Corporate Services?
I'm sure they were previously linked with SYME plc (company setup for the UK hub) which came up during suspension. Believe they provide lots of outsourcing functions (e.g.: company secretary; legal etc.)..
Nice to see us bounce-back.... RNS later to confirm 10% stake in the Fintech Bank too much to ask for?
(I know, I know, don't get my hopes up, anything prior to contractual longstop is a bonus, but I think us LTHs deserve a big break....)
Extrader makes a valid point - rather than mocking them, is there anything within that document to contradict him? Personally, I'm inclined to agree with them. Some of these suggestions of Company X is linked without being substantiated does more harm than good in my opinion.