I sent an email today to Vela technologies asking when would we be likely to get an update as it had been estimated to be the end of June. It is not the done thing of course to reproduce emails so the quick reply was that they hope to update the market shortly. 'Shortly' is defined in the oxford dictionary as 'implying the immediate future' ie 'I hope to get my driver's license soon. We will be arriving shortly'.
Update 20/4/21 "At this time, it is estimated that initial results will be available by the end of June 2021, with the full results available approximately 8 weeks thereafter". Hopefully they will let us know if there is a delay.
"It was whilst going through our process of mutual due diligence on one another than enabled us to learn more about each other’s businesses and well the rest is history. We all could see a lot of synergy in the combined business" Tom James
"It was whilst going through their process of mutual due diligence on one another than enabled them to learn more about each other’s businesses and that they all could see a lot of synergy in the combined business" Tom James.
AZD1656 has been shown to activate the migration of T regulatory cells to sites of inflammation in preclinical experiments, which is the main objective of this trial
AZD 1656 has a blood glucose lowering effect for four months, which meets a major part of the second objective
AZD 1656 has been found to be safe in almost 1,000 patients with diabetes and healthy patients in a set period of months.
I too have struggled to sell my Syme so sold my BOIL instead and moved more in here. I think it is looking good but DYOR. GLA for next week
It was his comment in the thread this morning, early, which was removed, along with the thread. I think, from memory, he was saying he would not reveal his source but it seemed to be positive from inside syme. As the day has gone on I may be assuming it was of greater significance than it actually was, but I don't know. Someone commented that it was interesting. Any thoughts?
regarding "clickbait", I think the definition would be to encourage visitors to click on a link to a particular web page. My only reason for the entry was as entertainment of course, there is no link within the piece, but I will refrain from doing similar again if it offends.
“Syme SP has been extremely volatile since going public”. (Don’t I know mate)
“Over the past year, it has managed to rise from 0.15p to its current price of 0.34p”. (Yeah, but I’ve trusted you before mate and was up and down with my broker like a frog up a pipe following your advice)
“Nonetheless, it also reached highs of 0.74p”. (ah those were the days)
“SYME shares are unpredictable, yet may have significant upside potential”. (naa you advised to sell out son so I’m not going back there, you’re just kiddin me eh?)
“Supply@Me is attempting to offer a new way of inventory financing, enabling companies to achieve more results, without the need to take on debt”.(yep that’s it thought it sounded good but you said it was a bit too risky so I sold every last bean, got into drugs mate, I mean investing not taking of course)
“Evidently, this has a number of benefits” (no way, not tempted old son, you said invest elsewhere last month so that’s me out, finito, vamoosed, adios, arrivederci, auf wiedersehen mate)
“This has resulted in a growing number of customers”. (still not tempted)
“That said, the company has delayed its full-year 2020 results release” (there you go)
“Based on the youth and uniqueness of the company, there is no guarantee that it will be able to generate profits any time soon”. (youth? What kids are running it? Racing round the offices on their bmx’s? flicking bits of paper at the water cooler? spitting outa the windows? Oh no way)
“It is very difficult to judge its future prospects”. (total, that’s why I took your soundo advice matey)
“Despite this, I feel that it is moving in the right direction”. (er sorry? I’m confused)
“For example, at the end of May, the firm acquired TradeFlow”. (yes, but you said…)
“This is a Fintech-powered commodities trade enabler focused on SMEs, and it is hoped that this acquisition will increase the value of Supply@Me”. (so, you mean I could actually be missing out on something big?)
“Investors certainly felt that this was a positive move, with SYME shares rising more than 6% on the day” (what? 6% rise!)
“Further, Supply@Me has recently managed to raise £5.6m through convertible loan notes. This money will be used to support the acquisition of TradeFlow and provide more working capital for the business”. (Wo! Man I need to get back in.. hello is that HL, buy buy buy, here’s all my life savings and the money I borrowed from my elderly aunt to buy her a mobility scooter, I’ll be able to buy her 10 scooters, with Ferrari engines)
“On the other hand, I do have many worries about the stock”. (WTF!!!)
“The fact that the 2020 full-year results have been delayed twice has reinforced my fears”.(FF’s, HL? Sell sell as fast as you can, I know, I know, its not me, I’m getting messed about here tbh mate. Have you sold? Phew, What a relief)
“However, I can see significant amounts of upside potential, and it certainly has an interesting business model. It could well have a bright future”. (Doh!!!!!!)
I know it's not the done thing to reproduce email correspondence in its original form so, in essence, I wrote late last night to Tradeflow to ask them why they had chosen Supply@ME. Tom James replied to say they were introduced to Syme by industry contacts regarding their inventory monetisation product and initially were looking to be one of their potential inventory customers.
It was whilst going through their process of mutual due diligence on one another than enabled them to learn more about each other’s businesses and that they all could see a lot of synergy in the combined business.
Its reverse psychology Parm. Reverse psychology is a technique involving the assertion of a belief or behavior that is opposite to the one desired, with the expectation that this approach will encourage the subject of the persuasion to do what is actually desired.