Member Info for GosiaS

A lovely 2.17% increase!

Thanks for sharing

As I said before, nothing is published yet on Companies House website, hence I don't expect any trading until this is completed. If I were AZ I would keep trading postponed until full 2020 financial report is ready (even if unaudited initially). This to shut up any speculation on the financial stand of the company, cut off any shorties from damaging the brand and share price, prepare for further growth (which hopefully should reflect itself in the price). If the business and it's foundation is genuine (not just pump and dump model) and managed carefully, the platform has a real potential to become a next Amazon for B2B. Until then any of us (LTH) is in the same sh*t and can only speculate. So belt up, shut up and wait

This is an excellent idea

Impossible. I run two companies and NEVER submitted my accounts that way. It's an online submission. The only thing would be verification and acceptance from CH before publication. On the other hand they have till end of March to complete this action. I have no idea why this is so disjointed in dates.

And nothing is published there. We have RNS with financial accounts made up to December 2019, but nothing on Companies House. Although they have time till March 2021... Still I don't get it.

So sorry Rocklawn! Google is wonderful (not) in replacing words...

RockClown, I can understand your disappointed. Let's see what next month will bring. I think AC will finally get things going for the Zenith and shareholders and this will be this year.

AC is building the brand - small but mighty and reliable. Way to go. The moment he starts paying dividends and expanding his portfolio in Africa, the shares will fly. With Congo onboard and happy with the relationship, other countries in the region will line up for Zenith to work with them.

Lol. That reference to cigar relationship just made me laugh.

These are unaudited accounts and things may change significantly for full accounts both to more positive or more negative. The so called captive bank engagement didn't start until second half of the year and taking into account covid impact on companies able to make payments upfront we may see a different picture for December 2020 accounts. I just hope I don't have to wait to see these till December 2021...

I did as well LOL
Thanks Calamari for teaching a brand new word. My pink glasses are broken since March 2020

Will see shortly.

Hopefully in next few minutes we will see where is SYME financially and strategically. I can't wait to see

Finaly! Some transparency! Shame they didn't state number of clients at the end of December 2019 (even if this was 0).
So now we just need news in tomorrow's RNS on the expected net profit. That would be awesome LOL.

Hi Pearl.
Some may become LTH, but it will depend how quickly they will need their capital back for more profitable reinvestment. If PMO shares will produce a steady growth and give them healthy dividend, that is higher than what they would normally get from lending, then yes, you are right. Otherwise, they will flock the shares at first possibility to unfreeze their capital and move it to other investments. There are no sentiments here. There is a pure calculation of what is more profitable and why. The percentage earned may not be the only benefit these companies are looking for. Hence I would not keep my breath they will be fans of PMO. At the end change of debt into shares is a one way of recovering the debt, that otherwise the company is not capable of paying themselves. I am expecting that there will be manipulation in the value of the shares to give these guys a big bust and pay off. One can ride that tide along, sell and the re-buy again, when shares will return to their proper value.
That's my thoughts on this, not advise. DYOR

I think it will go lower than 5. It's end of Jan and still long road to SOA agreement...

How do you know he has a new yacht?

I doubt. Looking at the past behaviour, we will be kept in the dark till COB Friday. Then finally we may see RNS with financials. And again, this may not be a full disclosure, but an announcement of completed accounts with a link to these.

As shareholders we need a transparency of where the business is today and where it is going. At the moment none of it is present, just lots of high vibe statements here and there.

So I am waiting patiently to see what will happen next and where my investment in SYME will take me.

If Amigo goes into administration then obviously it still needs to pay whatever it can afford. Also those all those clients on the book will benefit from it, as no one would have to pay their outstanding balances. This unles Amigo or Administrators decide to sell the book of business to raise more cash. The question is, who will buy a book of business that is ridden with a high risk?

Bold move it is, but the only losers will be current management, shareholders and possibly HMRC... So it is a gamble and the outcome will depend on FCA.

One of recent RNS from 20/01 points out The Goldman Sachs Group, Inc. (International division) has moved from shares (1.08% voting rights down to 0.30%) to other financial instruments Securities Lending instead (5.51% up to 6.31%) . Why would you do that? Unless you expect a big drop down in share price.
From the Wiki definition: Securities lending is an important means of eliminating "failed" transactions as well as enabling hedge funds and other investment vehicles to sell shares short.
Here it is - swinging at the end of the rope - if all goes well with the merger and the new company works fine, then these will convert into shares. Otherwise will be sold short or possibly recovered from the administration proceedings. Someone is going to win regardless of what will happen to the new company post merger :-/ That's what I think, but DYOR as I am not an expert. With PMO - I will consider investing when the price will drop back to around 12p before PMO shares trade stops for merger to take place.