Member Info for Hallowed

For now, possibly. Dare I say...another prediction (given my last one)...as long as we stay at close above weekly 21EMA (currently 36.79) we should maintain our upward trajectory on the SP.

Just to add If we really do break 0.32p-0.33p close (and on good volumes), then I will change my mind quite quickly..

Guys, I really hope this is the start of the long awaited re-rate (even before RNS i.e. in anticipation of Trading results and Captive bank deal), however, I will stick my neck out (and if wrong will come back and admit it) I am just not sure that this is the beginning the re-rate...just yet...perhaps several more weeks to go.

Anyway, it doesn't matter for LTH (and I too hold still hold a substantial amount), so lets see if the volumes rise tomorrow and Monday as the is what is missing for me personally...and then I too may be convinced that we ain't dropping below 0.3p again. GLA.

“Spread is quite large so can't see why the price is resisting a fall. Interesting though.... I wonder whats going on“
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Wide spread, low volumes, poor communications, no imminent catalysts (unless something out of the blue happens LOL) - ideal scenario to get PI’s to pick up a few more shares at a massive opportunity cost. Hence why being a LTH does not pay 90% of the time.

I wish things were different here but ‘hoping’ is not how to make money trading/investing.

This company is basically in ‘sleep mode’ until TEO/BFS gets sorted (not draft versions and then updates and further reviews of updated versions - something AMC are experts in) + AMC starts communicating properly.

“Could anyone simplify what todays RNS means?
are we a step closer to IM?”
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This Fund is yet another funding arrangement set up for IM purposes (up to a maximum of $40m initially) and whilst not huge (given size of market) it proves ever more the interest for funding this type of asset class that SYME are offering. The amounts of funding will only grow from here.

We continue the wait for actual IM numbers for first 6 mths (based on various funding routes mentioned in past RNS’s) + forward looking statements to end of year.

"We were all focussing on trading update and captive bank - this latest news is in addition to the aforementioned"
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Agreed but they better have the above ready as well, as otherwise we know how their RNS releases all year have been insufficient to re-rate the SP. So this downward trend in SP likely continue for now...GL.

“would you be nice to people trying to cheat you out of your money.”
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No need to be nice or mean for that matter, perhaps just ignore them and it sorts itself out.

Savvy, good post, totally agree. So much excitement in this stock and a year on we await the start of a re-rate…albeit from a depressed SP level (personally think this downtrend continues in the absence of news and higher volumes).

Just to address one point - whilst AZ has not sold shares, he has loaned his shares to third parties that could be used for short-selling purpose which is what I see as the main reason here for this depressed SP level, as we wait in anticipation of major catalysts. If correct, the shorts will need to be closed at some point and this will only add a further element to the SP re-rate together with fresh buys.

Napalm, agreed re reporting of individual trades as bid/ask changes but if overall volumes are more sells than buys, the SP will continue downwards and that’s exactly what’s happening now.

How low we go, we don’t know but any loaned shares (nothing to do with PIs as they can’t short this) can be used for shorting…if so, then this is manipulation and if that’s the case we have to wait for any shorts to be closed.

Post AGM still no catalysts as the SP continues it's downward trend...I am invested here but we also have to recognise that the only ones that got their SP predictions right, are the one's that said we would continue to fall from where we were few months ago.

Current SP = 0.26p and given the volumes and SP movement of late together with absence of key catalysts at this stage, I think the SP (sadly) will drop even further and so there will be time over the next month or so to average down/get in cheaper.

I sincerely wish all genuine investors/traders to make money here because that's what we're here for.

Undoubtedly this is an important time for the SP evolution of the company and it's future.

I ignored the noise on the BB over last few days…an absolute disgrace. I hope genuine posters had enough conviction to hold their shares.

Looking back at 2020 audited FS these were prepared on a 'going concern' basis - due to „advanced funding negotiations“ taking place for first IM/revenue generation. Without successful completion, the risk is that the company's MCap can not be maintained even with the CLN's in place (which we were advised will now be restructured/replaced).

So we are awaiting 2 key catalysts (re "Term Sheet" with the Italian Banking Group and the Fintech Bank):
" 1. the signing of a commercial agreement to manage both the origination of new Client companies and a multi-annual inventory funding plan; and
2. the execution of a first inventory monetisation transaction involving a portfolio of Italian Client Companies."

If the above is completed sooner rather than later (insiders must know - could explain what I think was an orchestrated drop in SP yesterday), the recent fall in SP should stop and begin it's long overdue re-rate (however if it drops further, I will consider adding some more).

The acquisition of TF (completed on 06.07.21) was a good move strategically, however that in itself is not enough to sustain a MC of £100m+ and seeing as there's been mostly a lack of news flow throughout this entire month, the SP has (gradually) dropped by 25% from 0.38p to 0.28p now (notwithstanding the moves yesterday and today).

It’s interesting to compare this period of time to last year‘s when the SP had a major re-rate in August and compare the 'net volumes' traded.

Last year the re-rate started on 10.8.20 following the release of major news (re 'MOU of First Pilot in MENA region'). The total ‚net volume sold‘ (not bought) in the days prior (from around 23.07.20) was approx 2.1b shares „sold“ which is not dissimilar to the current period during July (post TF acquisition) when the SP started to drop from 07.07.21 to 27.7 with 2.3b net volume sold (per charts on investing.com).

If we add in the volumes yesterday and today, it comes to a ‚net volume sold‘ of 2.7b (but of course we also have more shares in issue now compared to last year).

So the comparisons are interesting and comparable but the selling would need to finally stop to move into a ‚net volume bought‘ position.

'Ready to sink' (further) or 'ready to fly' (finally)?

We wait with baited breath to find out. GLA!

"If they don’t start announcing some deals soon after everything that’s been done then the SP is going to steadily decline. "
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Anyone with common sense can not deny that...not even a LTH.

Well done to those that called this slow decline in the SP from the high 0.3p's!

Derampers: 1 Rampers: 0

We're at a critical stage of the company's SP evolution...AZ understood investors need IM numbers.
So this is going down to the wire now...

So much duplicity on this BB coming from both rampers and derampers alike.

I wonder if there any genuine posters left on this board.

I enjoy reading sincere, quality posts in order to compare to my own opinions on the stock but trawling through nonsense posts over the W/E made me question even my own sanity.

SYME is a still risky play in terms of waiting for the inevitable re-rate. Management appear genuine and if they get the IM financing sorted AND the numbers don’t disappoint AND forward looking statements are given for expected revenue to end of year, then SP should reflect this (well done rampers). HOWEVER any delays in progress is the risk of holding at this stage (well done derampers).

GLA.

“How could the board have got us into this situation.You couldn’t write it”
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Sadly, you could write it. Dilutive financing arrangements all too common especially on AIM and a ‘convenient’ way to destroy shareholder value (i.e. shaft PIs on the SP and especially those who call themselves LTHs).

Of course they should have raised at a higher SP - common sense dictates that but that’s not the way the game is set up, it’s the financiers that call the shots (not the directors).

I would not hold my breath for farm-in/JV as they all say this to keep PIs hooked. Instead MATD should release a detailed operational update to clear some of the new shares and encourage fresh buying.

Tough game this. (Sometimes better odds of making money in a casino).

GL.

..of postings on this BB are unfortunately repetitive and about nothing and more nothing (eg Holly) and makes it tedious to read the BB.

All genuine traders need to hold fire until we finally get some news that can be properly analysed. We're here because we expect this will finally start to re-rate this summer depending depending on the catalysts (this is not a typical PI stock that you can short IMO).

GL.

"between 11.06 and 11.11 am there were consistent buys totally nearly 2 million shares, could signal a return uptrend very soon?"
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First, these are not 'large' transactions (given past historical volumes) and secondly, I see no signalling in uptrend. For the start of an uptrend, we need catalysts which have been non-existent hence depressive SP.

We await the TEO/BFS...perhaps then.

GL though.

'if you are genuine, you shouldn’t be in this game'
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By that I mean if you allow yourself to be influenced/ guided as to what to do by posters on here, then you shouldn’t be in this game of investing/trading because by doing so you are an unconscious investor.

If you think (or fear) the SP will fall further (outside of a range it’s held for some time), then sell.
If you think the SP will rise from here once key catalysts are released (of which there a few expected over the summer), then buy or hold.

Otherwise, if you are genuine, you shouldn’t be in this game and those who are disingenuous trying to influence the weak minded should be ashamed.

I agree that an RNS tomorrow feels just about right - my heart says.
My head says when it comes it will be more than what we expected.
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I'm not sure about the first point (IMO we might have to bear the 'pain' of a depressed SP until end of July, possible just before AGM) but wholeheartedly resonate with your second point. Let's hope we get the second one right. GL.

SYME is (relatively) stable but does not look great @ 0.30p given the huge volumes over last several days with 'sells' greater than 'buys'...orchestrated sales before major catalysts (first IM etc)? Possibly.

Have to admit I could have been wrong when I called out one poster in the past for de-ramping (suggesting 0.25p) and here we are at 0.3p...tough old game this.

“Don't forget that PM hit £2 in early 2011....there will be a few millionaires on here if that happens again.“
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Typical unconscious comment by typical PI.

Feel for those of you who got taken in by buying at the pre-placement price. The game is rigged, period.

SP should recover but may take a little while until proper catalysts kick for re-rate (assuming no more surprises like more dilution, poor farm-in terms to give up interest in Heron in return for ‘free carry’ as opposed to getting paid fair market price there and then etc).