George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Tonight I see that after the devastation wreaked by admin there are only 44 postings out of 91 left, at the time of writing. As we know, as a theme gets taken down, often gems of info or insight, or even humour, can disappear with it. Pity.
MikeyInvestor
As CEO of PCF Bank, Scott Maybury, will have to have written a lengthy reference for David Bull, which, it is my understanding, would have to be done under legal obligation (FCA) where authorised employees carry out controlled functions. The piece I have quoted is from Linkedin, and is, I would say, a voluntary statement wishing him success.
You say:-
“I'm skeptical on the write up, of course a company is going to give a good review of a former employee of their firm, they couldn't exactly say he was crap and run the place into the ground”.
Firstly, what evidence do you have that David Bull was “crap”?
Secondly, any CEO in this financial arena, has his own and his organizations reputation to consider at all times. Any reference has to be highly accurate, as if that employee should fail to live up to expectations then it is the person’s reputation that wrote the reference which is on the line too. Having written many references myself and viewed many when on interview panels, I was always mindful of the above.
Thirdly, you have to decide in life if you are going to assume a person has integrity or not. Without evidence to the contrary, I would assume Scott Maybury has integrity. Unless you have alternative evidence?
Fourthly, presumably David Bull was introduced to Syme because of his association with Dominique White at Eight Capital Partners plc. DW clearly knows AZ well, and the rest. Is he really not going to have a word with AZ if David Bull was “crap”? seriously.
Fifthly, I think we are all agreed Amy Benning and AZ are smart cookies. How much are they going to look between the lines when taking anyone on in David Bull’s role? Pretty much looking under the fingernails I would say.
So I am more than happy to believe that David Bull is not “crap” and will do a very good job at Syme/Tradeflow.
Presumably David Bull was introduced to Syme because of his association with Dominique White at Eight Capital Partners plc?
Scott Maybury, Chief Executive of PCF, commented:
"David was instrumental in helping us gain authorisation as a bank and build our new infrastructure, governance and controls. He also assisted in the diversification of new business lines as well as champion change across the bank. We wish David every success in the future."
1st class Degree (Hons.) in Mathematics and Statistics from Bradford
(Active rower at Lea rowing club (Henley Regatta etc). Ex captain of Braintree 1st hockey team. Represented Bradford Uni in badminton and rugby league.
Chief Financial Officer at Vive
Home Diy and NHS Volunteer at Experienced Board Director Cfo and Coo
Chief Financial Officer and Chief Operating Officer at PCF Bank
Director of Finance and Company Secretary at Hampshire Trust Bank
Financial Consultant at Hampshire Trust PLC
Interim Chief Financial Accountant at Bank of England
Director of Management Reporting, Business Planning and Tax at Mizuho
Director of Finance at Heritable Bank
Vice President at Deutsche Bank
Role Purpose at Syme
He is currently working closely with the Group CFO to develop finance systems, processes, structures and reporting (both internal and external) alongside the day to day management of Syme’s global group’s finances.
Personally, I am satisfied that AZ and Amy Benning CFO would have carried out due diligence checks on him before taking him on and that he therefore joins a world class, world winning team at Syme/Tradeflow.
Anybody willing to shed light on why David Bull left last year, I ask as there seem to be big chunks of posts missing to cover that period. Thanks.
I was reading the minute (well it’s Sunday) from the USA Department of Commerce, International Trade Administration meeting June 2021, Advisory Committee on Supply Chain Competitiveness, held in Washington, DC.
One of the speakers at this meeting was Dr. Monica Gorman, who joined the Biden-Harris Administration in March 2021, as Deputy Assistant Secretary for Manufacturing at the US Department of Commerce.
Dr Gorman directs Commerce’s efforts to advance the global competitiveness of manufacturing industries through the development and execution of international trade and investment policies and promotion strategies. (Incidentally, her Doctorate Dissertation at Oxford was entitled, "The European Court of Justice and the Limits of Supranational Autonomy") (above my brain cell allocation I fear).
At this meeting she said she wanted to:-
“..talk mostly about the supply chain work that we are undertaking within the Administration…as many of you know, the President issued an Executive Order in February, which mandated four reports within 100 days on critical supply chains...And that order emphasized that the United States needs resilient, diverse, and secure supply chains in order to ensure our economic prosperity as well as our national security. I want to be very, very clear that the supply chain resiliency work is not about producing everything domestically. And in many cases, working to diversify international sources is the best solution that we identified. So we announced the formation of the Supply Chain Disruptions Task Force to tackle the near-term bottlenecks in four key industries, homebuilding and construction, transportation, agriculture and food industries, and the semiconductor industry”.
We will all know that Tom Brown has spoken of dealing with goods in transit, inventory finance, warehouse finance, receivables finance and collection, through successive links in extended supply chains, the test being how little cash you use in a supply chain. He has said that with digitalisation everything in the chain is becoming more transparent, leading to a revolution in logistics ie has it been sold, has it been made, where is it in the process, who controls it and that therefore transparent logistical analysis leads to better credit risk metrics, accountability etc. I therefore wrote to him asking if he felt this shows that the Biden administration looks on supply chains as a top priority, and did he feel this is a positive for Supply@ME/Tradeflow?
He kindly replied that the Biden Administration does seem very focused on supply chains, and, “yes, this should be positive for SYME”.
Tony Brown is Investors guess, true, and he is a world expert in all things trade, but AZ and the team have asked Nurole to look at this, so 42% of their placements are women; gender, age, new talent and ethnicity all play there part and Nurole operate an open hiring policy, so TB would be brilliant, but I think there could be a big surprise. A nice surprise, and the market doesn't seem to respond particularly to 'expected' news. I don't know, but i do know it's exciting.
To those disruptors who want 'facts' and 'numbers', and who want to know the 'unknowns'. Why do you think you can buy four shares for a penny? If you had all the 'facts', 'numbers' and knew all the 'unknowns' then it wouldn't be that you could buy four shares for a penny would it? I realise i am wasting my time, because disruptors do not listen to logic because they have another agenda, but, for those new here, as ever, look at the CV's on Linkedin of the people now working in Syme/Tradeflow. look at what they are working hard and all hours to achieve. Look at the product and its place in the global application. Look at what the world needs right now, emerging from a pandemic. This is new. I personally find it exciting that my small mind cannot encompass all the implications of this business. There are lots of 'knowns', there are lots of 'facts' and lots of 'numbers', importantly, for me, there are enough to make me feel I can invest my money here because its enough, for me, to trust the proven and respected experience and abilities of the people in Syme and Tradeflow. If it's not enough for you then you act like an adult go and do research in another share
Sent an email to Tom James just appreciating that he couldn't comment on the sp but asking how he felt about the future.....his reply in the middle of the night (hope he is getting enough sleep) was to agree that there is not much he can say which is ‘very frustrating’, however he is ‘personally optimistic’, he stated that ‘Syme business is really moving’, ‘good people hired’, and that they are all working all hours. He said that he spent 5 years building Tradeflow so it was not a ‘light decision to merge with Syme’, which to me says everything, from this more than capable, experienced man, about the future of Syme/Tradeflow.
Just before I sign off from here for good, (no point in leaving comments) for the uneducated amongst you who believe, like ‘havegun’, that a Socialist is a Communist, I would suggest you read a little more.
What makes Britain a great country is the tolerance and sense of fairness of its people. I have never filtered anyone on here and have always read every word all have written in an attempt to see where they were coming from and try to understand that view. I have never been abusive in replying.
Finally, “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.” — Franklin D. Roosevelt (not a communist)
GLA and as ever in homage to Lseking, COME ON SYME
Sorry Gotham but the UK is one of the world's richest economies with 4.3 million children trapped in poverty. One child dies every second from hunger in the world. There has to be a better way.
Sorry guys that's my last political comment! Honest
GLA TOM JAMES FOR DEP PM
Sorry to bring politics in here again but as a life long Labour voter I believe;-
The railways in the United Kingdom should be brought back into public ownership
The government should invest money in expanding and upgrading public transport (e.g. buses and trains).
Tax on billion and multi-million-pound businesses should be increased.
Tax on the income of the top 5% of earners should be increased.
The government should do more to tackle tax avoidance.
Support for trade unions.
The government should be able to place limits on how much landlords are able to charge rent.
The minimum wage should be increased.
Support workers rights.
More council houses should be built.
Opposition to austerity.
Increase spending on the National Health Service (NHS).
Support the welfare state.
University tuition fees should be scrapped.
Whether or not the current Labour leadership believe in these principles is doubtful, maybe the Depute does. Raynor for PM. Again apologies for going off piste. Won't do it again
GLA, VOTE RED, DROP SCONE, AZ FOR PM
Only 95 days to the end of the year and as you say Amy Benning stating we will see significant growth in Q4 and she would know. Also you have to take your hat off to AZ, watching and listening to him on Proactive, (again), he is sh*t hot, clever guy, and can you imagine delivering all that as an english person in Italian to an Italian audience! Brilliant.
GLA LOVE AZ $$$