Member Info for Hallowed

Just to be clear.....I do think we will be higher over next 12 months and SP trend will change (just can't quite work out yet at which point the trend changes)....we all hope it will be first IM that kicks this off followed by other catalysts...as I said GLA.

The reason why professional traders (PT's) use a systematic approach to trading/investing and always make overall profits (unlike the typical cavalier PI who ends up being a LTH thinking s(he) knows more about the Markets than they do)
is because they realise a good idea may end up being a bad trade/investment over a certain time period (that was me back in 2020 when I started putting money into SYME - I mean the cavalier PI becoming a LTH).

Of course this time it's different but if the news end of Dec 21 disappoints which is quite possible given their historical performance (and the fact 'we have a lot of work' yet to do), the SP could take another 25-30% dip.

I sincerely hope I am wrong and the SP finally turns a corner......but listening to some LTH's on this BB it doesn't really matter if we take another dip in SP because they are so good at predicting the LT future...many years from now.

This is something the PT was never able to do (they can only predict the short to medium term because all they know is how to make real money and so holding paper losses is somewhat alien to them....unlike the LTH who is an expert in such matters).

GLA of course.

or the market will get nervous?
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Or another view is that they are working on doing a placing and that'll take away any opportunity for PIs to top slice during drilling....could be wrong of course but let's wait and see how they this gets played.

"Choo Chooooooo !!!!!!!"
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And childish as well.

"I ,m afraid it's back to the green bin for you Shallow Hallow talking complete garbage as usuual !"
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Steadyas.....your response, as always, is reflective of yourself i.e. superficial.

You’re right, it took me a while to get to grips with realistic numbers projecting forward as unfortunately there have been so many delays and disappointments (eg with TF numbers, size of global fund not reflective yet of gross IM numbers, net IM turning out to be much lower etc etc) even when they indicated revenue numbers for 2021 they misjudged…..it’s been a real lesson.

“ This clearly is far to under valued at these levels”
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It’s not undervalued, do you think you know something that the Market doesn’t? Most PIs (who end up holding/making losses) do.

I got in at the wrong time due to the size of addressable market place and still think SYME will (eventually) make it but for the last 15 months the so called LTH’s know nothing about trading/investing and do the opposite of professional traders. I’m sure you’ll respond with the usual unconscious comments (or just be disingenuous).

We continue the wait but even getting back to around just O.5p-0.6p levels requires a rise of 200%-300% which will only happen if they release proper catalysts and let the SP rip (as majority shares are controlled and so low free float) but even then, given most PI’s averages, it’s been poor risk/reward.

Bottom line is…..plenty time still to get in and build a position once we know the SP trend has reversed. For now it clearly hasn’t. GL.

Hi Barry, as you say , this isn't the place to discuss but I can resonate with what you're saying and also know folks who were negatively impacted. I personally don't like the totalitarianism that comes with taking the vax. However, the most important thing in this nonsensical world (whether vaxxed or not) is for people to unite. Stay well, stay conscious.

I was just going off the RNS stating "that It is expected that Admission will occur at 8.00 a.m. on or around 29 November 2021". But yep, forward selling Dec shares possible but then someone has to be picking them up - SP could take a lot more time to recover. (Such are the games played at PI expense).

Yep, another bad day for the SP but should not be much of a surprise.
The converted shares (@0.135p) sold off today and so keeping the SP in line with it's historical downward trend.
The share is still awaiting it's de-risking events....best to wait for a change in trend before throwing in more money taking more risk. GL.

Apologies for repeating one of your earlier posts which I subsequently noticed you posted. I think we both agree it looks as though it should have a positive impact soon enough on the SP, as soon as they release follow up concrete news proving the first IM in the region..I suspect around mid Dec 2021.

DRB83, yes, good find. I looked into this further (the Italian Group 2020 accounts) and it was disclosed that Morval has been sold on to another Swiss bank to form a (larger) partnership (see below for some extracts). It certainly should be very positive for SYME to be associate with the private Swiss bank as an "arranger" of the funding for MENA region...I am a little surprised by the poor SP performance today. Maybe this will filter through over next several days....wait and see if the SP trend begins to change.

"On 5 October 2020 Fideuram – Intesa Sanpaolo Private Banking (Fideuram – ISP PB), the Private Banking Division of the Intesa Sanpaolo Group and REYL & Cie SA (REYL), an independent and diversified banking group headquartered in Geneva, announced they have agreed on the terms of a strategic partnership: Fideuram – ISP PB will acquire a 69% stake in REYL and will contribute its Swiss banking subsidiary, Intesa Sanpaolo Private Bank (Suisse) Morval (ISPBM), to REYL. Following the closing of the transaction – which is subject to the usual regulatory approvals and is expected to be completed by the first half of 2021 – ISPBM will be merged into REYL, creating a sizeable international private banking group, headquartered in Geneva, with close to 400 employees, assets under management of over CHF 18 billion and regulatory shareholders’ equity of around CHF 250 million. In addition to Switzerland, the Bank will also be present in the European Union, Latin America, the Middle East and the Far East. "

"Fideuram – ISP PB’s and REYL’s management have jointly defined a long-term strategic plan, that will provide a robust foundation on which to build a leading business in the coming years. The transaction will bring numerous benefits, including strengthened governance and capitalisation, cross-referrals over all business segments, seeding capital for new product initiatives, and placement, syndication and co-advisory opportunities, in addition to a vastly expanded distribution network."

Notice the mention of seed capital for new product initiatives??? GL.

"no more crazy than calling the company a dud, fraud, going to fail."
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So crazy SP targets/predictions on the one hand and on the other we have crazy statements calling SYME a dud etc (which it isn't) on the other...hmm...so the bottom line is that this BB is mostly commandeered by crazies...I'm out of here.

“Hallowed - to be very clear are your short, spreadbetting, paid or what - you are looking for all the negatives.”
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Having gained a better understanding of a particular stock over a period of time is not being negative…most who posted this morning thought the named private owned bank was the same as the main Italian company but clearly not and yet their posts got voted up - that is worrying for most PIs here which is why professional traders laugh at retail investors who remain unconscious when it comes to trading/investing unless you learn the proper way.

“I am here for the really big rewards at 6p minimum, but the potential is huge so once at 6p will probably keep and hold for 12p or 18p or 50p.”
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There are type of typical senseless PI comments that sadly get voted up a lot and why most end up holding paper losses….

Guitarman, I know you have your following here but your comment to me is actually more a reflection of your postings than it is of mine. Stay well, stay conscious.

“However, Morval is still part of the overall Intesa Sanpaolo Group Private banking division .”
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They’re connected (as many smaller companies can be when joining a group or affiliation) but has no significance for SYME as such. Hence muted SP reaction which would be very different if the agreement was with the major bank that many regular posters on here assumed it was without researching first.

In the case of SYME the Market doesn’t really seem to care which of the company’s affiliated speakers are giving talks….but they do care about which specific companies enter into agreements with SYME. Looking at SP it seems to have cooled off….not good sign.

Just to add that the bank Miker444 refers to also has separate Linked-in profile from the private bank that SYME has closed a deal with.
https://cz.linkedin.com/company/intesa-sanpaolo

versus the one entered into an agreement with:
https://cz.linkedin.com/company/banque-morval

Anyway all going in the right direction it would seem but need to first see a change in SP trend to be certain of that (and SYME must maintain low levels of dilution).

"Headquarters in Milan, now there's a surprise, 150 branches and several thousand employees. Well done Alessandro, this is a big gun and will get Syme noticed and a big boost to your credibility in Italy and the MENA Region."
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Please don't take this the wrong way, but just to put some perspective on things - as some of you get carried away by naively quoting SP years from now (despite not knowing the global picture and the health of global stock markets that far ahead) but can't set a price target for end of next month - you are naming the Italian banking Group and not the the same company SYME closed a deal with.

I know they have similar names and that's due to receiving an affiliated banking licence but they are not one of the same but instead Morval is an independent, privately owned bank but there're no cross over with operations. This is easily confused.

SYME has entered a deal with only this single company called Morval with 86 employees and turnover of $6.8m notwithstanding there are many thousands of such companies within the private banking Group around the world:
https://www.dnb.com/business-directory/company-profiles.intesa_sanpaolo_private_bank_(suisse)_morval_sa.64abbb9c8bf1a429a2cd55a291a30c0b.html

I am delighted with the morning's release and finally seems to be a proper catalyst given the Market reaction and volumes thus far and it could be the start of a change in SP trend that has been needed here for a long time. Let's review again in 10 days to get a better idea of the TA etc. GLA.