Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I have no doubt they have plenty of companies with stock who want the cash lined up but is in not worrying to anyone else that the Salaam Gateway advert/article concludes:
“We are open to working with different stakeholders as well as Islamic financial practitioners to enhance our offering,” said the CEO.
Kind of reads like they are asking for potential funders/stock buyers to step forward and get in touch. Nothing's going to work unless those with the money buy in to the model, and by asking in this way, it doesnt really suggest that side (the most important side you could argue) of the business is established in a scalable way at all just yet. Which, i should add, hadnt really been a major worry until about 2 RNS' ago. I hazard a guess that the company is no way close to be ready to having the full circle of the business set up yet. Hopefully i am wrong but anyone with total confidence after the logic/info gaps of the last month's shutdown is kidding themselves. This is still high risk and in no way close to being a sure thing, no matter how much we all want it to be.
Would this not be the perfect time for some reassurance from AZ before the weekend arrives that this nightmare scenario about delisting will not be happening?
I actually wasnt having a go at you, i was outraged by the person suggesting suspending trading was to shaft shorters! Which is rather ridiculous...and i dont think i really need your insider 'facts' to be able to voice that.
Im only deramping in your tiny spin infested cosmos, I am actually reacting to bad news as an investor to the bad news, on a forum where anyone can comment as they deem fit. Its terrible news, hence its negative, thus i am deramping. From another perspective, i.e. the real world, i am a concerned investor shocked to see what i have this morning, and voicing it in the only place i can...on a SYME forum!
Seriously, are you seriously suggesting SYME have suspended trading in shares to shaft a few shorters!
And are you seriously telling me SYME HQ hasnt been a tornado of activity, arguments and some sadness i would expect for some that they have to take this step of suspending trading. I imagine AZ's basement cupboard was a hive of desperation yesterday trying to find a positive way to spin it...it seems like he did the groundwork for this by announcing recently about the accounting changes...didnt he have time to avoid this? Its clear it isnt a good thing, no matter which way you try and spin it.
And for everyone's sake, stop trying to spin rubbish, you will only end up convincing people with not so much to invest to over invest, and its terrible to feel desperate when you have everything on a 'sure bet'.
Not what i expected to see. Does it not look rather amateurish, and a little bubble bursting for all those 100% convinced by their confidence in the smirk of AZ. One can only imagine all the details and such things responsible for the rest of the business and the things that all need to fall into place to make it compliant, etc. And thats before we get to some kind of world altering software and bringing together people with money buying product they will never see. It doesn't exactly instil confidence and i think AZ needs to explain himself how this has happened...and cutting the spin out of it! Its pretty obvious something else is going on.
I have been waiting for the accounts for so long. It fact, its the one big thing that will shift the SP i think due to the many hypotheticals associated with the actual business in these early stages. And when the date is getting closer...this.
I dont think the most ardent ramper can spin this one, its a disaster. The one thing i hope is that it is as it is, and all rather innocent. But my stomach tells me i dont think it is. One thing is pretty clear, its going to tank when it opens again unless it has rather stunning results...which i was not personally expecting even before this.
It looks like the RNS is saying real results from last year on the way (not so great as discussed many times previously on this forum), quickly followed by better predictions for the next 6 months.
Lets hope he has something more concrete up his sleeve that is more tangible, else the price will be going nowhere for quite some time but one direction. In fact, the only time the price has gone up (and then quickly down again) was when AZ himself had a bet on the price...and even though he seems to have said he didnt win that gamble, it does look a bit odd to my eyes that the highest price was on the very day he had his bet for.
That SYME research document looks pretty impressive. Plenty to go through. Thanks!
The longer it goes on, the more confident I am becoming, despite some serious questions. However, with non-disclosure agreements and such things, and generally murky business waters, i guess that will always be the case.
Just need some real figures, some of those non-disclosures to become disclosures, a few more tangible pieces of info when the model moves into full operability and it should be a very happy christmas indeed as long as we are holding.
Still seems a punt of a lifetime to my eyes.
The only thing doing damage is the continual prediction of RNS' and other info that never comes. Without the continual hourly predictions, which are virtually never met any time close to the rumour mill predictions, the trajectory of this share would be very different!
Seriously Mr008? How could you make such a statement and keep a straight face. Like most traders are really interested in the long term price.
Looked pretty good to me at first glance. Nothing 'new' per se as its a trading update, as expected. As many irons are in the fire whilst they are setting up a scalable 'model', everything looks to be progressing nicely for some good results in a year or 3. Doubt its going to help the share price much today but as long as its all legit, it looks pretty good to me!
But please, stop with this many RNS' pending in the next 2 days ****e, there may not be another until next year.
Much lower by the looks of things, and I imagine it will continue for some time. No solid news of financials, over promising, no names for whatever reason and the oddness of the SYME cult, i suspect everyone is waiting to see if the idea has real legs and if it brings some good cash into the coffers for SYME. I've got everything crossed it does!
I should add, i was directly addressing Redbox.
I hope you are correct in your other posts because you are so far off track about alias', it questions everything you post...and you dont seem like a particularly nice chap judging by your comments either. All in all, note to anyone with eyes, take with less than a pinch of salt as he has a paranoid bent and is looking for a grand conspiracy that doesnt exist! Not a good grounding for anyone to base ones financial decisions on really. However, the idea is mildly amusing, especially from where I am sat.
@DG73
I agree, but not impossible. And when you are looking for certainty, it cant be eliminated. Look at the people Theranos recruited to work on their board and you will see its not beyond the bounds of reality, let alone the experts in the specific field Theranos were working within who all gave up their positions to work for Theranos.
I am not saying SYME is anything like that but if questions remain, nothing can be ruled out right? We are talking big cash!
In defence of Holly, she has flagged up some rather important questions and gaping holes anyone putting cash into this should be at least thinking about before dismissing.
On an early question from Holly asking why AZ is having to resort to the these messaging channels, its reminded me of one of my early searches of available SYME info which is the continual referencing to marketing in the backgrounds of the people on Linkedin working for them and not much else (that I could find at the time). That was what raised my initial suspicion of this being a venture less than wholesome, i.e. that its a group of marketers selling a lemon, working the shares and making a ton of cash somehow through the magic of loopholes and the system. That doesnt mean it is though.
It should also be noted that AZ giving a speech at a prestigious event doesnt automatically justify anything either, especially if we recall the Elizabeth Holmes and Theramos story. She was everywhere, mainstream media, buisness media Q&As, TED talks, etc, etc...for a couple of years no less before being rumbled when reaching that point where she either had to show the product or admit the deception- the common fake it until you make it line that served(serves) as a bible to the Silicon Valley start up set.
Again though these things can appear one way when seen through a certain lens and another when applying logic.
All i can say is that i have my fingers crossed for a positive result for all things!
Maybe its not helped by some of the comments on Apex Rides, such as the very recent replies to customers who ordered their bikes in June who are being to told delivery is on track for the end of November, much to their dismay seemingly. Thus missing the start of this lockdown and the company supposedly going live. Other customers are questioning how they can be promising bikes for the end of November to customers ordering now, when they have been waiting since April. Also of note are customer comments and replies concerning when the bikes can be viewed in John Lewis stores, with Apex's answer echoing the end of November. So, basically, no bikes have been sent out, with their customers rather cross and questioning the end of November date. Accordingly, those waiting for good news from this contract, will be waiting much longer than the end of November. Not 7DIG's fault but their are knock on effects.
The advert also looks straight out of an Apprentice episode.
If that's the best they can do, the tank is only going to continue. If everything is hidden behind walls of confidentiality agreements and they cant find one person to sing its praises who have actually used the service (even from those who took part in test runs...where is our goat farmer signing to the hills about how great the service was?), all we have left left is this disputed and confusing recycled ownership structure, the word of AZ and a seemingly long wait for something tangible.
One can only imagine the nature of your robust research Musk's scent considering how wrong you are about what I do know categorically. Your confidence makes me doubt my own position more than what da has up his sleeve this week.
Thank you apunter2, that was also appreciated!
Fingers crossed the sun shines on you this week and new fruitful roots start to grow and spread!