The Tool23 Jun 2021 10:41
“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!!!!!!)