The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
There are plenty of other manufacturers in Germany, here's a few:
*Opel
*Maybach
*Audi (yes I know its part of the VW group- still an independent manufacturer though even though most chassis the same)
*Smart
*Borgward
*Apollo
*Artiga
*Alpina
*Brabus
Cenkos clearly states "we believe":
The confirmation of the award, which was first highlighted in the recent fund raise backed by Magna International, is positive. We believe this award with a new eighth OEM is with one of world’s largest and most sophisticated automotive automakers, the VW Audi Group
Loss not lose
What SEE needs is to consolidate shares 1 to 10, too many shares in circulation - market pricing in further lockdowns after Christmas which will affect vehicle sales, less vehicles on the road, supply chain issues. SEE is just a little too secretive but maybe that's due to NDAs... could there be a bigger plan to keep the SP lower to build bigger positions before exponential growth... absolutely. I don't feel SEE should list on another exchange at this point in time, we're still lose making and it's going to take a few years yet until we're at break even. Not advice but I'll just continue to quietly build my position.
Also, you know who you are... stop the speculation about the contract won being VW, artificially pumping a share isn't good for the share price longer term when people find out its another manufacturer, they'll be disappointed and sell.
See recap of major news - https://www.youtube.com/watch?v=a_Pk79BoyiY
Wishing my weekend days away right now and can't wait for Monday. Things could really heat up over this next week, NFT investment isn't talked about much on here either but with crypto and blockchain taking centre stage right now, I think this will also be a huge investment (you only need to look at opensea to see how much these NFT companies are making right now). From the earlier post about Dynasty releasing news over the next few weeks and months, also expecting news of a new sponsorship from GILD in the coming weeks (possibly December as they seem to have been in final stage talks for a while), we should be well on our way. Next news I'm expecting on Satoshipay hopefully by end of November confirming they have released a testnet for the pendulum/dtransfer framework integration - they obviously feel there is a chance to benefit still from this crypto bullrun and tokens with actual real world uses will be taking off - expecting huge move from 10th November onwards in the crypto space ! Just imagine where this will be in the next 5 years, I see no reason why we can't reach a conservative 0.8p by end of year.
Gl all and looking forward to any upcoming RNS's!
Blu is substantially undervalued, GILD, Dynasty and Satoshipay alone we should see huge growth over the next few years.
Holding this until the next btc bull run.
GL all LTHs
No dilution yet, whereas in the UK ARB was diluted heavily - this is why PW used ADS shares on the NASDAQ - trying to reassure US investors that the US will be diluted less going forward - they just don't have the faith that dilution will not happen again in the short term - especially when the IPO didn't raise enough money to fund enough miners to fill the new Texas site.
It's just a flash dump to reduce funding fees on futures markets... currently my BTCUSDT trade is earning 0.1620% for sitting in a short from £67k - once the funding fee reduces, BTC will surely continue on it's road to £70k +
Johnski, I agree with the last part about due diligence - I would hope that AZ was impressed enough to bring him onboard although... 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 lol. I just hope AZ has a plan to keep him in shape with the company needs.
ECP does have some information on Mr Bull here and he doesn't sound too bad when reading this https://www.eight.capital/investors/board-of-directors/
Probably because of his cheap salary if nobody else would have him... I'm very concerned about this David Bull guy - what impact will this have on our biggest current and potential investors, I think many people won't want to be associated with a company overlooked by him and personally I wish we hadn't gone down this path. I do have high hopes for SYME in general and I'm pretty heavily invested in this company but we don't do ourselves any favors when recruiting people like this and others associated with Greensill. Rant over ... or is it, we need reputable guys in the financial services industry to get things moving here! I'll be waiting patiently to de-risk once we get upward SP movement above my average price at 0.42, I know this is likely to take another 6 months to a year and depends on the upcoming financial reports etc, the rest will be a free ride whether a success or not (although I do hope it's not the latter).
A shareholder wishing to propose a resolution to remove a director must give special notice of his intention to the company. On receipt of this special notice, the board of directors must call a general meeting of the shareholders of the company to consider the proposed resolution. This general meeting must take place no earlier than 28 days from the date the company received the special notice.
Notice of the general meeting is then sent to all shareholders and to the director in question. This director may make written representations in response to the proposal to remove him and, if practicable, the company must circulate these representations to the shareholders prior to the meeting.
At the meeting itself, the director facing removal is entitled to speak in respect of the resolution and to have any written representations he has made read to the meeting. The resolution to remove the director is passed by a simple majority (i.e. anything over 50%) of those shareholders who are entitled to vote, voting in favour.
https://www.lblaw.co.uk/services-for-business/corporate-law-services/shareholders-agreements/removal-of-directors#
I'll happily pay towards the cost if we all chip in
Can we all get together and vote the board out, they aren't capable of running a business for their shareholders, anyone know how we start this process? I believe we need to have a combined holding of over 10%, please correct me if I am wrong.
The people at this company shouldn't be rewarded a thing until we as shareholders start to see higher returns on our investment.
If someone wants to set up a telegram group to discuss the next steps on removal of the board, I'll happily join
mick2 - You're absolutely right a takeover could be the way we end up going, all it would take is one of the big shots to put their hands in their pockets.
One day... I'll continue to dream it happens before any share consolidation lol
10009504 - ARB haven't confirmed consolidation, they are due to uplist this month though - just ignore me haha ^ not a comparable share due to the consolidation aspect.
Savvy6 - thanks for your input.
Good to know you think 8p is very low, better to underestimate and over deliver.
I really hope you're right re the number of monetised clients for 2022, personally I feel we will be looking at half that figure next year, maybe 2023 things will really get going though.
Also factoring in shipping timescales when it's end to end etc, figures may not reflect straight away too.
I appreciate your input though
10009504 - Thanks for letting me know, I'm in another share ARB which is just about to uplist... I'll be sure to keep an eye on SP. I've not really seen it happen myself, I guess it depends on the US interest in the share too