Member Info for ns20

I was quite excited about the RNS yesterday, however the market doesnt seem too thrilled. Comments about trust on here, may well have merit. Any agreement that has been signed can be cancelled I suppose. Cash in the bank is always more favourable that promises of future activity, with such an agreement. Which many shareholders like myself have come to the conclusion that we applaud AZ's enthusiasm and resolve but are skeptical of statements made, based upon past ones.

On the bright side, at least the spread on the share price is not as wide as it once was.

Https://stocks.apple.com/AvzzcB0FjR42T9WBJNHjeoA

The analyser….. for an alleged accountant with a user ID such as yours, I would have hoped for more reading between the lines rather than stating a negative opinion.

I can see that there are great efforts being made on multiple fronts to get the SYME engine fired up, none of which are as easy as sitting on the side line …

I for one am satisfied and moderately enthused….

Nothing in the RNS intimated that the shares had been sold.

Would be nice to close today between 0.04-0.045p

The pragmatic ones amung us, and there are a couple, would not really be looking at technical forecasts. At this stage the company is very binary in the respect that it will do well or it will not and the share price will reflect it.

The price is the price and we have no control over it, other than make a call and either go for it or run for the hills.

Good luck either way!

"SYME currently expect the contracts to be completed by the end of March 2024 and will update the market accordingly. "

The keyword is expect.

EXPECT.

to look forward to; regard as likely to happen; anticipate the occurrence or the coming of.

I expect Steak and BJ day to be fantastic, but my good lady tends overcook the steak.

Given the choice of paying £80,000 per annum for the next X number of years in interest and further reduction in assets / liabilities (take your pick if you are a glass half full or empty kind of person), I am of the opinion that this is the right decision to take, IF AZ is not intending on fleecing SYME, looking at the bigger picture AND can see what is coming.

Personally, I see this is a great indicator of what could be to come.

You are all free to take from this what you want. I have every faith there are the usual personality vacuums ready to implode on this opinion.

"Yet despite these obvious errors in your post you get 3 recommendations proving the poor understanding of many SYME investors."

Does 3 recommendations = Many?

In my view AZ must be an intelligent man to get where he is with his career history.

I am pretty sure that this has been one big learning experience for him. To process a concept from paper to delivery, especially when trying to play in a “club” full of divas, dictating what they what and each “investor” having their own due diligence process.

If you look back at the RNS’s I suspect, at the time, they were valid and had to be disclosed. But in the landscape of the pandemic, global upheaval and the aforementioned divas, things change.

I have noticed that since Albert has come on board the RNS’s have slowed down…perhaps the steady voice of reason, rather than the excitable flamboyance we had been accustomed to.

Just my thoughts…

Valid points, but you would expect a modicum of due diligence by VELA directors to ensure that the "investor" had the capacity to invest. IE Had cash on the hip or funding ready to go, before spending shareholders equity.

Just had a notification that Supply@Me Ltd, the UK company owned by SYME, has had a new Director appointed as of November 2023, but was notified earlier this month. Interesting how David Bull is now Co-Director with Stuart Nelson. This is an encouraging signal to me, albeit extremely small.

Hi All

I have a subscription to a well known business to business credit reporting facility. If Theanalyzer is an Accountant, as a few have made claim they he/she is, then this is a common tool in our techstack. I can concur that Theanalyzer is correct. TAG accounts for December 2022 do not appear to have been filed. The value of liquid assets is low and the net asset position is negative. "net liabilities." Concerns about the late filing of accounts are frankly legitimate in my opinion.

I am a Long Term Holder and I appreciate the heads up, as I had put this investment to one side. It is a binary win or fail in my opinion. I have mentally prepared for the later but hopeful for the former.

When I made my first investment I brought into the hype and was relatively inexperienced. This investment, if it does not succeed, is the cost of my learning experience.

So, £50,000 has been spent talking to Advisors about a £15m potential investment, but the person didn't have the funding to proceed. Forgive me, is that not the first question you ask?

Blimey, that makes me feel a fraction better. I hope it works out for You and the rest of us. High Risk, High Reward. . "It ain't over until it's over"

Only a negative person would read into a post that is benign in nature

Someone mentioned about a Tweet someone else mentioned about Nicola Bononi might have left SYME. It is true if you check her LinkedIn feed. She now works by Aldermore, a mortgage company.

Why? Who knows. Given the state of play, it is anyone’s guess.

Hi Fisch,

This paragraph does highlight what Havoc is saying…

“This portfolio comprises corporates of various sizes which form part of supply chains led by the following companies….“

There were 30 Italian companies in the portfolio, of which Carrefour is French.

I have to be honest , when you read it first time round, you can easily get attracted to the big names.

It will happen when it happens… enjoy life… life is far too short to spend it on here…

At least we know who has been dumping stock now … rns incoming.