Salvadori admits to being an SYME investor. Market Cap £142 million - cash less than £4 million. In its short life briefly suspended by the toothless FCA, who allow vast numbers of frauds to proliferate without acting. Yes we can pretend SYME requested suspension. Enough hot air from management to take a hot air balloon over the North Pole in winter. Some say Italian and Maltese Mafia connections. Suggestion original holders of worthless paper (SYME shares) busy dumping on mug punters (Private Investors). I do not know if any of the above is correct and I do not suggest it is.
Aforti UK has moved its Office address to 10 Orange Street Haymarket London WC2H 7DQ, joining around 660 other Companies at that address. Change of Company Secretary and update on shares in issue, following allotment of 284261 shares.
We are seeing many changes as a result of Covid. The Decline of the High Street accelerated and a reduction in Office Space demand being just two consequences. As regards Inflation, a close family member who runs a business with 6 employees reports an almost 20% price increase in two different materials used. Wages in China increasing, often poor quality product and shipping disruption due to Covid, not to mention Political Risk. This can only lead to more local manufacture as Emill11 states.
Braveheart has was incorporated in 2003. It has held stakes in many Companies for many years including Paraytec. Paraytec was held by Viking Fund Managers, a subsiduary and on 4th July 2016 Braveheart further invested, eventually aquiring 100% of Paraytec. So don't lie with allegations of short term interest.
Chamberlin is making 101 redundancies, which were announced in March,leaving a 138-strong workforce. Sad news for those employees losing their jobs. However it is reducing overheads and hopefully securing the jobs of those retained. Any announcement of new contracts and we know where this is going.
No doubt a significant amount of Placed shares are being flipped. However almost 30% are Trevor Browns and it is my belief he will be holding for much higher prices. More being sold be long term shareholders who thought they had lost the lot and glad to exit with a fraction of their original investment. As they have been diluted in the Placing, those exiting are probably already gone. So unless the Placing flippers are a greater percentage that I believe I think we are already ready to move up, as seen today.
RE: remember what carl said in 1st of march rns29 Apr 2021 11:42
Moorhey - These free tests will fail to pick up people in the early stages of Covid, who are also infectious. They often give a positive, where people have recently recovered fron Covid and are no longer infectious. The errors will be significant enough that you might as well tell people to flip a coin, rather than waste time with these tests.
I agree it is unprofessional. It is disingenuous for him to claim it is his private Twitter account and nothing to do with Hemogenyx. He is well aware of the effect of his cryptic Tweets. Just goes to show he, like all of us, is a mixture of good and bad.
There are endless reasons Directors sell, mostly neutal or negative. Trevor Brown, with news announced Friday can sell. He has a lot going on with Chamberlain and may need cash in relation to his investment in that Company. I am happy to await the next news indicated at the end of this month.