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See Sam Volkerings' piece in Exponential Investor today entitled "Obliteration of the British People" . Sad in many ways, however the so true underlying content could prove very opportune and advantageous for SYME. IMO - SYME has got to be worth being invested in more than ever!
I love this bloke. He should be given his own show!
Yup - Bought my first tranche at 3p, all the way up to 42p and still hanging in there. I am still sure it will come, unlike, talking of other things African -Fastjet! GLA
It may not suit everyone, but I have been trading with Jarvis X-O for 5 years+ without any issues. Sometimes the buy and sell prices do not seem quite as competitive as they might be, but in general the transactions are immediate and without fuss. It is completely web based with no frills and a set buy and sell price of £5.95. There is always someone on the end of a telephone, which is answered immediately, if you need customer service. Just a suggestion but hope this is of some help. Good luck with SYME!
Interest rates are broadly based on risk, not to mention the work involved, therefore 4% seems pretty reasonable in my estimation!
Not sure whether I am covering old ground but hope everyone has seen this - Much positivity to digest!
https://www.linkedin.com/posts/supplymetech_alessandro-zamboni-speech-english-translation-activity-6717402385775382528-p7AE/
I live in Lunigiana in Tuscany and speak pretty good Italian and my interpretation of the interview is one of being extremely positive! Of course it was much more polished than his interviews with say Zak Muir and if I was a betting man, I would not be thinking for one minute about selling any of my holding, in fact very much the opposite.
One can understand why RR is deemed to be interested in Inventory monetisation. It seems to provide a useful solution and I believe is now available through a Fintech company - SYME?
Well said, Sir! We will all be beginning to look a bit stupid this rate!
Does it matter to Investors that High West Capital Partners LLC appear to have a very unsavoury reputation?
Small problem of NDAs !!
I looked at the Avant Garde Group website and I have to say its at bit Mickey Mouse! Least of all its not secure which is a bit weird for a FINTECH company!!! I am not deramping this stock but I have looked up the history of this company and its been around since 1 March 2000 in different guises and if you also look at the various companies listed in the related party notes of the accounts they are not particularly awe inspiring either if you go on to their websites! Please let me have your thoughts like all of the investors we just need to know its kosher!
I am an Englishman living in the heart of Italy and i can absolutely assure you that apart from essential services, not very much gets done in Italy in August, so 'facts straight' comes to mind!
I probably should ask AZ this question. If the inventory valuation is live thats brilliant. But when they released the tokens or "cash" at the point of contract or sale then what happens if there is subsequently a shortfall? only asking based on the business model?
That's great. I understand the concept and I have looked at SIA blockchain. It is an absolutely great platform but I always look at the risks as we all do in this world because lets face it there is always going to be some. The Crypto Winter has brought about some huge innovative changes we are yet to see..
I think this share is an amazing opportunity for all of us who are in. The concept with the the block chain technology as with all FINTECH stocks makes this unique along with the securitisation. I guess, like others, I have a few questions but these are absolutely not meant to try and run this share down. For instance, how do you value the Inventory stock? Great if its its at a fixed price but look at a cow its worth what it is on the day just like gold or oil! I know we know they do a huge amount of work for on boarding so they check the company and stock credentials so I"m assuming if there was a fire or theft or a serious impairment that insurance was in place as per the website to cover. Also at what point does stock become obsolete if its slow moving again this depends on the nature of the stock cars, food, wine etc. I know they have smart contracts in place but does this deal with monitoring all these factors? They currently outsource the block chain technology to SIA who is I believe a third party provider so again there are risks associated with that because the technology is not in house! I just wondered if any one had any further thoughts.
Setting aside all the irrational b......t that is being sprouted regarding this share and given all the factors that will make its future, of which there are many, the share price seems to be pretty much correct at this juncture. ie The meterioric rise has resulted in it now being at a sustainable level, leaving room to move forward towards 1p and upwards on forthcoming news, hopefully next week or at the beginning of Sept. - Piano, Piano !!
The fundamentals point to this being something special so why are Stockopedia who are pretty well respected, branding it as a "Sucker Stock"?
For those who believe that there are an inordinate number of shares available and ready to swallow up, do not forget that 88% of the issued share capital is already owned by related parties, most notably 72.95% by the Avant Garde (SP) group, therefore leaving circa 4 billion shares for the rest of us, so I suggest you 'fill your boots' , come Monday morning!