Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
If they own rights to use the digital twin to further train their AI, this also could be very valuable.
Agreed though, we need more transparency. Now is not the time for smoke and mirrors and investors need tangible detail.
For all we know this latest contract could be worth five quid.
Hence why the market is skeptical.
Hi Phermic,
As much as it pains me to say, I think you called this one early on.
I've de-risked somewhat here, albeit at a loss.
Company is coming across as being happy for the SP to drop. Makes you wonder why?
IMHO DYOR etc.
Too quiet.
Something hopefully brewing in the pipeline
Hi Phermic,
With all due respect I don't believe you have been accurate with your assesments. Your main one being "they have nothing to sell, no unique product that sets them apart" or some such, I paraphrase.
And yet the company is consistently selling to rail giants who repurchase at higher values.
Clearly the industry sees the value.
Granted I enjoy reading your posts as it's good to read the negative sides too. I agree, more transparency in financial statements would be welcome.
More contracts are more or less guaranteed IMO, given the large wins they've already have.
Maybe not this year but by end of next year I'd imagine the books will look a lot healthier. iMO
Stevek, I simply asked a question not provided on any investor presentation and was unable to receive a logical answer from anyone.
Calling people bullies or bots for asking pragmatic and professional questions on investment forums just tells me that you also are unable to answer the question.
Thanks for confirming. Then if they don't win contracts, how could they reach a potential 700 million plus market cap?
I'm confused. There are over 36 billion shares outstanding.
Assuming the company suddenly did well and achieved many goals, got some clients on board, loads of contracts etc.
Let's assume several 10s of millions worth of contracts annually. Let's say 50 million of annually recurring revenue by 2023. Obviously a big, big increase from their current lack of revenue.
Using 6X PE, SYME ends up being valued at 300 million.
With their 36 billion shares outstanding, the SP could be expected at a push to reach around 0.008.
Am I missing something? What's the expected valuation after several contract wins?
Not being an arse, just really curious as to how this is gonna be a money maker.
If the SP reached 2p, at their current 36 billion shares, the company would need to be valued at 720 million to reach such a feat.
I'm probably missing something and would like to hear the details from those more in the know. But from the outset, the company seems to have ****ed its shareholders
Thanks.
And a great day of volume.
General market sentiment, or some insider news I wonder?
I'd hardly call a 3.5mil contract "zero growth".
I don't quite agree with your SaaS opinion, but even if it were they case, they also offer infrastructure and means to facilitate inspection and surveys, owning as they do a state of the art surveillance drone - one of the best, if not the best, for LiDAR.
Network Rail wouldn't have reused them if they weren't impressed with the results.
It's only a matter if time before some large contract wins in the USA. If Network Rail have bought in more, the US pilots will likely do the same.
Quids in next year, I'd say.
With shares this low in cost, wouldn't directors/bod simply gobble up many k's worth, if there were good things to come next year?
On another note, I have a habit of focussing on the track inspection service. But of course, the lidar product itself is a big deal in its own right
I wish :D
They mentioned it on their LinkedIn page at the start of the month.
I think stuff like this would be best shared with shareholders first but eh...
In other news, I continue to hold and accumulate here :D
Complete arses, along with Insulate Britain. Any excuse for flipping activist nonsense.
Entitled scrotes, as my other half would say.
A LIDAR announcement apparently. Could be a new product, or just a vanity announcement? Curious to know what it is either way.
https://mobile.twitter.com/mosa_meat
Nice find. And welcome :)
You're still looking at things in terms of classic manufacturing and mining of natural resource, without considering emerging tech that will transform the way machinery is produced. When there is a demand and humans have the will to find a neater and cleaner solution, it will happen.
You're all looking at UOG wondering why the SP isn't rising despite "brilliant fundamentals".
If institutions and market makers thought oil had a future, the SP would be up throughout AIM and beyond.
Oil has had its day.