Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
If anyone can buy in 0.02p's (i.e. at the recent bid prices, not ask), IMO that represents an excellent risk/reward ratio at this stage of the game over, as the downside from here is limited given the current MCap and expectant news flows. GL.
"Maybe when AZ dreamt up the company name, supply me, he meant supply me with money..."
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LOL....about time AZ returns the favour to loyal LTHs!
The spread on this share has always been high (lack of liquidity in the stock). More sells vs buys today but doesn't mean much due to low volumes. AZ certainly taking his time...to release funding update which is key (along with IM news flow). GLA.
Frustrating for LTHs to see SP still in down trend. In the past, whenever there was a "first" IM, it lead to subsequent SP rises (only to fall back again) but no major rise last time (i.e. first "WL" IM on 3.1.24). So can't even rely on previous price action.
I noted the higher volume of sells this morning but SP remain stable in the 0.03's and so I suspect it was just PIs selling out?
We need updates but the long anticipation waiting for RNS's in the past often resulted with SP subsequently falling. This time round will it be different, as we were told SYME will lose it's 'start up' tag? GLA.
Difficult to say if SP has bottomed out yet or not.
Bad news re lack of revenues and funding is factored in by now and the downtrend continues due to a lack of updates more than anything else. Possibly loaned shares still being used to aid this downward movement?
What remains is uncertainty as to the timing of the release of catalysts re: execution of first WL + clarification on funding. Any announcements re further investment from Verizon or BPM or a new long-term investor would give the SP a much needed boost.
Citibank report on supply chain financing dated Jan 2024, talks about a balancing act between JIT to JIC strategies and diversifying away from China to allow smaller companies (i.e. SMEs) to play a bigger role in global trade markets - they key is that post pandemic, risks of supply disruptions STILL abound (political, economic, environmental, financial etc) and companies now more aware of this have been building up higher inventory levels, especially for goods difficult to source.
They concluded:
"Alternatively, just-in-case inventory management focuses on not running out of stock in the event of a sizable pickup in demand or disruptions in input supply and may require larger inventory holdings. The pandemic showed the benefits of just-in-case strategies, as many firms were not prepared for the surge in goods demand that followed the initial lockdowns. The trade-offs between the two strategies will be more deeply debated by firms going forward. At a minimum, firms are likely to hold larger inventories than they did previously for components that are hard to source."
(https://www.citifirst.com.hk/home/upload/citi_research/rsch_pdf_30214606.pdf)
SYME in the right place at the right time (finally)? GLA.
Is this the bottom? I hope it is
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May not be...especially in the absence of key catalysts to re-rate this share.
Purely looking at some technicals, the RSI can stay this low for longer and the SP can continue to be at this level (and even hit the 0.3's).
Another indicator is the 20MA crossing the 50MA (or 60MA) which we are not yet seeing....this happened end of April 2023 and end of July 2022 before the big rises. Not to say this must happen, what we do need though is the execution of transactions. GLA!
"I will surprised if they drop any lower"
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I wouldn't (necessarily) be surprised given the low volumes, wide spread and some buys even going through at bid etc. Furthermore, back in April 2023 the SP reached the 0.04's and so we could see that again.
Of course we need those positive catalysts to re-rate (signing off on first WL deal, replacement of TAG funding with better terms etc).
GLA.
“ l do agree with Savvy the PI has been ‘played’ in this “
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100% correct, it is what it is though.
The timing of SYME’s services had to be aligned with the green light from key funders. Now the timing seems to be tight and even at 56b shares the SP will re-rate on key catalysts (unlike in the past).
Positive RNS….speaks for itself. SYME doing what they said they would do as part of the overall capital enhancement plan for the tech business going forward.
“Company is growing.”
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Yes, there’s a clear path to real (global) growth (finally) allowing IIs to get involved as well (so some funding will come from there as they hold long term).
Immediate focus for revenue is UK and Italy (small but growing) and they’re developing the tech for a globally integrated platform, as large companies and their sub-contractors move to digitisation of the supply chain.
More dilution unfortunately but that will have to be weighed up against the catalysts they release to start building a track record.
I was wondering whether the first client company (Italian based) could perhaps be this one?
MCap of EUR 1.4 billion. Good start.
“ Iveco Group N.V. (MI: IVG) is a global automotive leader active in the
Commercial & Specialty Vehicles, Powertrain, and related Financial Services
arenas. Each of its eight brands is a major force in its specific business:
IVECO, a pioneering commercial vehicles brand that designs, manufactures, and
markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader
in a vast array of advanced powertrain technologies in the agriculture,
construction, marine, power generation, and commercial vehicles sectors; IVECO
BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for
highly-specialised defence and civil protection equipment; ASTRA, a leader in
large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the
industry-reputed firefighting vehicle and equipment manufacturer; and IVECO
CAPITAL, the financing arm which supports them all. Iveco Group employs
approximately 34,000 people around the world and has 28 manufacturing plants
and 29 R&D centres. Further information is available on the Company’s website
www.ivecogroup.com”
No question that this is an important catalyst for the SP and will ensure the overall uptrend remains in tact. Timing is everything and this new form of DeFi for supply chain finance is being initiated by SYME and is going to be massive.
Well done those who have been genuine about their intentions when posting comments on here.
More SP growth to come in next few days and weeks IMO.
“But no, they valued themselves at that price with no proof and 2+years down the line their is still no proof. But here we all are eh?“
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You’re missing the point…SYME are pioneers in this IM supply chain finance and the background work has been done but being a part of a bigger worldwide system there’s been so many dots to connect, as the world’s supply chain transitions over to a digital system.
We live in a pyramidal system where there are greater powers and politics at play (which determine when world events happen, nothing happens by chance, it is what it is) and so we are in the middle of this digital evolution and SYME are at the centre of this new form of inventory financing.
Once they get the green light, the money will start flooding in.
Sending positive vibes to you all!