Member Info for TroytoTiber

$100m would do just fine for now.

I’d be interested in how you get to $1bn valuation ‘easy’. But I do agree that the future is looking good. And always sounds better when Google Gemini podcast converts a fairly bland bit of text into articulate and enthusiastic American voice overs

You’re spot on there Stars. Robinson looks to be owning around 11.5m shares as per last reported holding, or about 4.9% so maybe only 75m shares for everyone else. A couple of very positive updates on revenue growth could be exciting.

Good to see. Hopefully not finished buying just yet either.

So shareholder register looks something like this:

Somerston - 21.3%

SESR - 19.68%

Michael Laurier- 11.18%

Elie Dangoor - 5.05%

Quantum Leap - 4.24%

Other Directors - 1.32%

That makes about 63% of issued share capital.

Around 87m shares for everyone else to play with.

DoubleTree by Hilton, Barnet By-Pass, Borehamwood, Hertfordshire, WD6 5PU Is the address provided.

Good to see and agree that it appears to be part of a larger accumulation…but let’s see.

I had confirmation today that I can attend AGM on July 23rd. I’ve had one question already to put to SYM but if there are others then let me know and I’ll see if I can get them answered on the day.

( Michael Laurier is usually happy to engage shareholders so may also be worth trying to email company direct with questions).

I’m trying to book myself into AGM on July 23rd. Figured would be a good time to meet management and maybe discuss some of the more imminent opportunities in more detail (without crossing the inside information line). Might be good for there to be a few shareholders present if anyone else is available to attend. Will report back here on anything note worthy in any case.

This is a Gemini ai generated ‘podcast’. Nice summary of what we already know but nothing more.

Report is from 2020/2021 by the looks of it. It’s a big report and I haven’t read but good to understand why it would have any bearing now in particular on Indus Gas?

Agreed. Any sells seem to be being accumulated. Might not get completed at these levels if SYM come out with a strong outlook and update in the prelims.

Great if you can clarify Jasper. SYM is in close period ahead of year end results announcement so shouldn’t be speaking to any investors about anything to do with financial performance for the year or content of the planned results statement, which includes post balance sheet date developments.

Can you confirm that you have spoken to Michael Laurier today and that you spoke about financial and market developments that we are expecting to get updated on when SYM publish year end results?

Would be good to see III back on soon. However, also important to see the additional steam turbine operational as supports overall plant profitability, which has been a problem. Good also to have gas turbines I and II increasing output for same reason. One step at a time though I guess.

Are we even sure that Focus Oil are supplying gas at the moment given the dispute with GAIL, which I think is still unresolved.

Ah, interesting. I only looked at the rocketreach link. Thanks for clarifying.

There does not seem to be any evidence of approvals for d2w in India yet but they may well be selling d2p. So you might be right that there is a small positive contribution from the JV to SYM group accounts.

Thanks LTB. Likewise, not sure where that SYM India data is coming from but if still only one employee then would imagine that there is no real sales activity there yet. We’ll find out more hopefully in next few days.

Maximum of 37 more days now (assuming no intraday RNS today) for publication of year end results.

For the results themselves we can only hope for evidence of break even or close to break even for the final quarter of the year. It’s the post balance sheet date stuff that is more interesting. For example, does Q1 2025 show company back in profit? Will there be an upgrade to full year sales and profits forecasts for 2025 and 2026 based on significant uplift in demand for SYMs products? Can the company generate enough cash to avoid the dilution from convertible debt due at end of this year?

Still hopeful but also realise that it is likely that big positive developments in H1 this year would have leaked out by now. Laurier always very happy to tell us that things are going well and they’re very busy (latest time in Zak Mir interview) but can’t evidence it in official market updates and results/trading statements.

What did Laurier see that prompted him to invest £100k all those months ago now. There’s been no hint yet of what it might have been.

?

I should learn To read the whole RNS :)

Roll on the next one and soon

GLA

I think Sea Pearl Ventures Ltd is Indian registered - but might be wrong. Either way on reflection it’s corporation tax that would matter. Singapore has the lowest rates in ASEAN and dividends paid from Singapore registered businesses are exempt from tax.

As before, pure speculation on tax reasons being the motivation to move holding in SYM and still needs SYM to actually demonstrate significant commercial traction any which way.

So zero capital gains for Singapore based SESR. Interesting development!

Re timing of any results announcement I think SYM have 6 months from Dec 31st year end to report so we could have up to 10 or so weeks left before we hear anything.

Personally would prefer them to line up plenty of positive developments and craft them into a really strong update reported as late as possible than push out another lacklustre set of results earlier. So happy to wait a few more weeks.

SESR is definitely owned by Lohia family (although that can’t be validated with publicly available documentation sadly). Sea Pearl Ventures also owned by the Lohia family. So the move effectively shifts the investment from a private company registered in India to a private company registered in Singapore. Are there tax advantages to investment gains in Singapore over India? I have no idea.

I think though that Lohia’s majority interest in indorama corp via Canopus could well link this transfer of share ownership to an impending acquisition of SYM by Indorama. Would make a lot sense given Indorama’s business exposures and global footprint.

This is pure speculation though. Not in anyway intended as ramping for the company and the share price. Everyone should tread carefully with this serial underachiever. However, and a personal opinion as a very long term shareholder, something’s happening here. Company has moved back to break even maybe small positive cash profit position now. Huge Middle East and Indian markets finally seem on the cusp of opening up for SYM, CEO recently added £100k of own money and has significant stake in SYM and major shareholder is moving its 17% shareholding in SYM around.

CEO stated results ‘very soon’ in recent Zak Mir interview. Also stated that the company is extremely busy at the moment.

Many false dawns with SYM over the years but.just maybe this time is the transformational news we’ve hoped for. Again, just my opinion - everyone still here should make their own mind up. Good to hear others thoughts on this though

Agreed. The intertek update here is very good news. Not sure there is much more SYM can do to make the case. I still don’t think that the EU will reverse their stance but it shouldn’t matter as rest of world could begin to embed d2w at scale. Age old problem though is will the intertek trial data actually lead to orders. Will just have to wait some more time to find out.

Separately the previous RNS is interesting. Why move the entire equity holding and the convertible loans from Sea Pearl to parent SESR? I can’t find very much info online for SESR. Who are they and what are their investment objectives? This move definitely has significance I just can’t work out what it is.