Member Info for funds4future

Absolutely nothing has changed since the day suspension started to it makes sense that there has been little movement in price. The trading update by the end of the month will hopefully be good news and have more of an impact.

They thought it would be October but then definitely in November but that didn't come so it had to be by year end and when that didn't happen it would be early January or at least by the end of the month but it didn't come so it had to be February which is a short month so on it rolled to March and close to the end of the financial year but having it in April suits some people for a new ISA allowance and on it goes from there.
Basically, most people expect it soon but soon never comes (or at least it hasn't come yet)

Unless you're thinking of buying or selling it doesn't really matter. Whatever it closed at today, it's a lot lower then it'll be when the FSP concludes.

I'm not sure why you're surprised. 7Digital have announced a new contract with a small company that has no money. It's not going to be a high value contract so it was never going to affect the share price too much. I'm more surprised that there was an early 10% ride before it dropped back again.
There will be no large rise until the release of a set of accounts that shows proof of a substantial profit being made.

Positivity is great when there is something to be positive about but there has been nothing truely positive since the company was put up for sale. It is simply a waiting game. Anyone who posts 800 times in a month is doing so to make themselves feel better and to relieve boredom, it's not going to make the sale come any quicker or increase the SP. People to post once a month will just as much benefit when the FSP concludes.

London, I totally agree with your belief that SYME will come good. That's exactly why I'm invested but your understanding of Roulette clearly needs some work.

The house doesn't always win. Over a sustained period of time they win but on each individual bet placed they very often lose. If 100 people place 100 bets on roulette then some will win and some will lose. Investing is the same. 100 people invest in 100 companies then some will win and some will lose. You can even make it specific to SYME. Some people may hold long terms and win big, others may hold short term and sell at a loss even though the general long term trend is upwards.
Every share has winners and losers, every roulette game has winners and losers. The similarities are there. Manage the odds and play it correctly and you can win, manage it wrong and you can lose.

Fingers crossed that all long term holders here will win big.

This particular escapade gives us no choice but to hold.

So you've gone from "I don't gamble" to "it's a calculated gamble".
There are ways to massively increase your chances of winning at roulette just as there ways on the stock market.

London, the very definition of a gamble is a calculated risk. Every investment is a risk/gamble regardless of how much you research.

I'd imagine that after all these months they won't be routinely working over the weekend but if they were hitting a vital stage or getting close to the end then they certainly might work a weekend.
However if a deal was signed off at the weekend I wouldn't expect an RNS until 7am Monday morning which is why I am always most disappointed every Monday when I wake up with no notifications on my phone.

My current portfolio consists of EUA plus....
SYME
7Digital
Midatech
BAE Systems
Tesco
Greatland Gold
Amazon
Ferguson
Vodafone
Polymetal
Admiral Insurance
Plus a few others that I can't remember off the top of my head
As of 1st Feb I was up on 13 and down on 6 but up overall

I'm sure all of us at some point have had a guess at what the Final Sale Price will be when it's announced. Pretty much every time I've seen this done is has been done in terms of a share price rather than a total company value but that's not how the deal will be agreed. The terms of the deal will agree a total company value then the price per share will be worked out from there. So here's a little conversion table just for kicks.

Current Share Price (6th Feb) 27.9p
Current MCap Value £770m

MCap Vs SP
£1,000m - 36p
£1,500m - 54p
£2,000m - 72p
£2,500m - 91p
£3,000m - 109p
£4,000m - 145p
£5,000m - 181p
£6,000m - 217p
£7,000m - 254p
£8,000m - 290p
£10,000m - 362p
£12,000m - 435p

So when you're pulling together your FSP SP prediction just have a think about how huge those company valuations are. It's very easy to think a jump from the current SP of 27.9p up to 150p is only 122p per share but when you look at the reality of the total value, that's a jump of £2,230,000,000 which is a lot of money in anyone's world.

My initial guess at the FSP was 152p which gives an MCap of about £4.2Bn but that's not through any science, it just gives me a nice round £25k return on my investment. Obviously I'd love to see a full buy out at £10Bn.

I'm the opposite. The longer this has gone on the more I think it's likely to be nearer £1 than anything over.

It confirmed 7Digital is still a customer of a company that doesn't pay its bills. Hopefully 7Digital have been paid everything they've been due.

I haven't seen an actual announcement from UMG but apparently they have pulled their music catalogue from Triller on the grounds that Triller haven't been paying the artists in accordance with the terms of the UMG agreement.
This is either good news because 7Digital can fill the gap or bad news if Triller aren't sticking to the terms of the 7Digital agreement either. At this stage, we don't know.

Sturfc did you not manage to get an appointment with your shrink this week? Maybe get some sleep and get out the right side of the bed tomorrow.
You have absolutely no clue what I've read and what I've understood. You're typical of the antagonistic idiots that take these boards too seriously. You look for a negative spin on everything.
Good night x

Sturfc, I understand today's RNS perfectly but I'm sure you're smart enough to see it's been deliberately written in a way to say as little as possible. They could have easily written a 500 word RNS about the real reason that RNS was issued but they didn't. There is more they're not saying. Hopefully they're not saying it because they don't want to rock the boat, hopefully the next RNS we read will not only rock the boat, it'll make us rich enough to buy us all a yacht.

That was a very loooooong RNS to bring him onboard yet today's RNS was pretty much 'yeah he's gone now'.
I'm still a bit suspicious there's something we don't know.

Probably the shortest RNS I've ever seen. They must have had a teenager write it with minimal effort. No explanation or elaboration, just 1 simple sentence. Hopefully still see a positive reaction and a return to 30p tomorrow.

If there is any logic behind the sale other than him jumping ship then there needs to be a very quick RNS from the company to explain exactly what has happened. You can't have a 50% drop with no explanation