So a standard SYME RNS!!
Are they still in play ex?
I thought they had expired now?
Stand to be corrected though
Last line of my post covers it castle
You genuinely believe someone is trading this and making 3-8% per day? Have you been watching the prints or attempting buys/sells?
This share is doing absolutely naff all. Someone can post and say they have heard the company has monetised the whole of Australia, it still doesn't mean a jot.
Likewise, the 3/4 of you who are on here all day everyday, don't mean a jot.
Perhaps it is time you all realised, you just look really, really stupid
I don't they they IM the machinery used to manufacture the goods though, I'm pretty sure it is the end product ex..
No artisan/craftsman should ever be rated as a credit risk
But it isn't debt, is it ex? What is there to assess regarding credit risk when the goods have been sold? Do they have money in the bank to cover their outgoings...well yes, obviously.
A re-purchase right or an obligation? I imagine neither and why would there be such a right? The goods are proceeding under a 'true sale', therefore they are sold via the IM.
I could sell my golf clubs via Facebook Marketplace tomorrow as I had a bad round. Next week I may regret my decision and go back onto Facebook Marketplace and see my same golf clubs for sale. What do I do? Buy them back.
You will appreciate I am making this as simplistic as you make it complicated.
The scenario you allude to sounds more like a pawn shop ex. (for Castle's benefit, no they don't sell 'dirty magazines')
But, I may be right, I may be wrong. What I am sure of is that there are far cleverer people than you or I, with far more access to facts, who are behind all of this.
Like your line of thinking though, just disagree
I find this bit quite interesting, given it is what the article is about -
"In its simplest form, supply-chain finance involves companies making arrangements with banks to pay supplier bills quickly so they can hold on to their cash as long as possible.
The transaction is effectively a loan that the company pays back later, sometimes 90 days or more. The early payment to the supplier is discounted by a few percentage points, and the financial intermediary profits from that margin."
'True sale' is not even mentioned in passing by Casadio, indeed one would imagine it puts creditors in a far better position as their is cash in the bank and if the 'goods' are not re-purchased, they are sold.
AFAICS
The 'truth' is the one thing missing from this board.
You don't have it, the rampers don't have it and that is what makes you both exactly the same
I get to you so much you try post a stock picking game to discredit me?
That makes me laugh more than you could know Holly, thank you you have made my day.
Best ask pea brain Castle, according to his posts he is the only person that knows anything about this share.
Lex has bought in?
Fantastic news and congratulations Lex, this is great to hear!
And nor do you need to troll.
Make your point, with evidence and let others decide on their own opinion.
Optimism/pessimism are personal viewpoints- we live in a democracy- check Putin and Ukraine, seems to be how this ****ty bb is being treated by your approach
Ah, I get it now, you are referring to Guitarman, like me calling you AnalFister, really funny don't you think? Not.
Funny how Twitter and now here is targeting Guitarman with relentless bullying. A really grotty approach and more likely related to a bunch of 15 year olds, as grown men/women would surely never behave in this way.
For what it's worth and I appreciate it doesn't fit your narrative, I know Guitarman and he is an honest hard working individual who wants this to work out for his family. Nothing more, nothing less.
You and your clan just want to vilify him for whatever reason as it suits your narcissistic personality (and that of your 'clan').
Take a look around you Anal, look at the news; your endless diatribe on this bb has zero relevance to the world at the moment, in fact if I'm honest, you sound like an irrelevant, sanctimonious bully who resorts to calling people names. Pretty pathetic if I'm honest, but ho hum
Who is BanjoBoy?
"This is an indication of severe cognitive disorder"
You certainly appear well placed to make such a diagnosis.................
Why would anybody listen to that stinking scumbag; the bloke is dog5h1t in living form.
Follow Swazers charts on Twitter; he called this ages ago, from a charting perspective, not an illiterate toothless shorting perspective like TW. Remember, he revels in other peoples misery and still fails to answer questions about the money that somehow went 'missing' when under his control.
Whatever you do, DO NOT pay any subscription to his bull5h1t.
The Company is far more than Covid, sadly people just became obsessed by that.
The fact Twatcher now advertises this crass, illiterate, children's colouring book author, should give a very clear view as to his motives.
Stay calm, take a view from genuine research and DO NOT listen to those who say it will bounce to a pound, or those that say it will be 1p; both parties are scum, trust your own judgement.
Anybody heavily underwater, I wish you the very best. It is awful today, but be composed and figure out for yourself how best to deal with the situation x
I would be interested to hear Zamboni's thoughts on who funds them?
No doubt when we have disclosure he will share his thoughts, maybe he will be truthful, nah!!
Just one slight problem with your post pillow, there are no rampers. Nobody is 'bigging' this up, everybody is frustrated.
Read what is written and forget your agenda.
There is only one brigade in action, instigated by somebody and given what I know is going on behind the scenes, the details will soon be available for all to see.
Disclosure and Data Protection requests are a truly wonderful thing; we have a Court system to be proud of.
My fun will come from exposing the names behind the toxicity on this board, the sp is secondary.
Robrin, you are more than confused.
Put your money back in your piggybank
Ye'all sounds as though it is from a Christmas carol!