Member Info for Weathergeek

Yeah, and i'll be still singing SYME's praises at 1p,2p an more.

ICON - £1m market cap announce £150k contract. Intention to end death spiral finance.

Ok, I'll buy, I think thats worth maybe £2-3m market cap. I actually bought the day before at .01p Sentiment was strong so I bought more in the teens. It got up to £3m when I sold.

SYME

96 companies at £1.3bn average of 13.4m
272 companies at £13.4m
£4,922m in inventory
6% of inventory which is £296m in revenue (4% for coupon)
1% of inventory which is £49.2m in profit
32,755m share in issue
Earning per share £0.0015
50% of EPS paid for Dividend £0.00075 per share
Forward dividend yield of 10% @0.75p share price
@0.75p On those numbers forward PE of
10 = 1.5p share price
20 = 3p share price
40 = 6p share price

It's had more clients since that first working. My ICON working had a max of .003p for now on a high valuation.

They only attack was by the BOD on shareholders..

Thanks Sam. Hope you are well. I doubt it will go lower than the 0.007p they get them at. Closest it got last time was 0.008-0.009. Always seems to stay over the EHGOF price which is why so many traders have traded it.

Well there you go. Board had the chance to redeem themselves and chucked it back in investors faces. A pump and dump via RNS's for EHGOF to earn more.

Intention is a horrible word when used how they just have. Its back down to .01 or less with the carry on of the last few days.

No more* not now more!

I was lucky and got a few in the day before the RNS saying funding will be now more. Then loaded up more that day, then sold when it hit .03p as the market cap was then getting silly for a £150k contract and an "intention" to stop the funding, which is actually in the RNS heading. That's a massive give away its just an intention, I have an intention to clean my shed. Doesn't mean I will today.

Market cap has a way to go, this could get fun if they pull some actual produced bars out of the bag before year end. Load up if you can.. Well worth a punt. Don't know it well enough to go too big but looks pretty from these levels. If the gold comes good, then the copper will be funded.

I posted this on the SYME board in reply to an ICON post but it may help newbies to read here.

Went up too quickly for the projected income. Thats a badly written RNS today also..
They said it was a £150k contract. Market cap back then was £1m. Now the say its £100k

Market cap went to £3m and over, I sold because 1, thats way over valued for one contract. 2, they worded the last RNS carefully to say "intention" which gives them an out, on a £150k contract, thats to hot for me. I'm here looking at hundreds of millions and billions worth contracts with SYME so think its under valued. I like the business of ICON but not how they run the PLC. Lets see what happens with EHGOF.

Should be on that board but it may upset less people here.
Went up too quickly there for the projected income. Thats a badly written RNS today also..
The said it was a £150k contract. Market cap back then was £1m
Market cap went to £3m and over, I sold because 1, thats way over valued for once contract. 2, they worded the last RNS carefully to say "intention" which gives them an out. on a £150k contract, thats to hot for me. I'm here looking at hundreds of millions and billions worth contracts with SYME so think its under valued. I like the business of ICON but not how they run the PLC. Lets see what happens with EHGOF. Also, they took £50k off the contract value today.

Good work @Apunter. Very nice!

I think thats a great idea, 30% loss must mean you bought a few weeks ago after a 1300% rise.
Come on, sell... If you want to give away your money.

You could maybe try investing.

To trade = Within one day to several months
To invest = 1 year or more unless something changes about why you invested.

The best way to make your money work is number one, don't lose it, and number two through compounding. Buy shares that pay or will pay dividends and re invest your dividends automatically to buy more share each time. That means holding for years. Once you get to five, ten or more years. Then you start to see the power. You want to pick high cash generating companies like SYME before they are getting going. In several years time, all being well. You will see a great return on your original investment.

Since it was at 0.8p. Its actually been de risked a lot. Unless you believe TW. Then we're all screwed.

Nice thank you Wally, Don't need to go and watch it now but I will anyway, CF is a great salesman!
Love the highest bidder wins, that could get interesting.
100% a year, Done it so far and happy to hold for as long as that goes on.
GLA

Just a reminder of the experience and links of Enrico Camerinelli

Enrico Camerinelli

Enrico Camerinelli is a senior analyst at Aite Group specializing in wholesale banking, cash and trade finance, and payments. Based in Milan, he brings a strong European focus to Aite Group’s Wholesale Banking practice.

Mr. Camerinelli has been widely quoted by publications ranging from American Banker to the Financial Times. He has contributed editorial content to publications such as Supply Chain Europe, serves as a consulting editor with gtnews, and is the author of Measuring the Value of the Supply Chain, a book about linking financial performance to the supply chain. He has spoken at leading trade shows and conferences in Europe, including Sibos and EuroFinance.

Mr. Camerinelli has extensive experience within his areas of coverage as well as in providing research and consulting services to clients. Most recently, he served as a senior analyst with Celent, focusing on the financial supply chain and Single Euro Payments Area (SEPA). Prior to that, he was the European director and chief analyst at the Supply Chain Council, a non-profit serving the logistics and supply-chain industry. In that capacity, Mr. Camerinelli provided independent research and advisory services as well as business development and budget control for the organization. Before that, he was a vice president and research leader at META Group’s Electronic Business Strategies service, tracking trends in supply chain management, product life-cycle management, e-procurement, and sourcing. He also spent 10 years working as a supply chain manager at various manufacturing and automotive companies. Mr. Camerinelli graduated from Università degli Studi di Roma La Sapienza with a degree in Business Engineering. He speaks fluent Italian and English and is proficient in Spanish.

Sr. Research Analyst Europe
Aite Group
Jul 2010 – Present 10 years 3 months

Member of the Italian delegation
UN/CEFACT
Oct 2015 – Present 5 years

Supply Chain Programme Development Area
United Nations Economic Commission for Europe
Oct 2015 – Present5 years

Vice President
Council of Supply Chain Management Professionals Italy Roundtable
Sep 2015 – Present5 years 1 month

Consultant Editor
gtnews
Jun 2010 – Jan 2015 4 years 8 months

Subject Matter Expert and co-Author
Euro Banking Association (EBA)
Jan 2012 – Dec 2013 2 years

Senior Analyst
Celent
Mar 2008 – Jul 20102 years 5 months

Consultant Editor
Finance Director Europe
Sep 2007 – Jun 2010 2 years 10 months

Plant Manager
Arvin Exhaust and Lear Corporation
Jan 2005 – Dec 2008 4 years

European Director and Chief Analyst
Supply Chain Council
Mar 2005 – Feb 20083 years

META Group
?Vice President and Research Leader?Feb 2001 – Apr 2005 4 years 3 months

Member
Supply Chain Council European Leadership Team
Feb 2001 – Apr 2005 4 years 3 months

He comes across as a psychopathic narcissist. I think he does it for the attention. 100% he's here lapping it up. Hi Tom you old tvvat. Hows your NCYT short looking today?

Opinions differ @extrader
I actually think they have over performed for 6 months listed.
EU Deals
Middle East Deals
UK Deals
USA Deals
Attracted Banks and Institutions

If I have to wait a week or two longer for a better RNS I really don't mind. If they rushed it out to please traders and get rich quick investors I'd be more concerned. In the meantime, seeing the CEO promote the company keeps me happy as it's needed.

Its the job of a CEO to attract interest in their company and to make the markets, potential clients and potential partners know about it. It wants to say, hi, we are open for business and its going well, come get involved.

SYME came to Market 6 months ago, He did a few interviews, now, the business is rapidly developing and it needs a wider audience to promote the new way of doing inventory finance. I'd have issues if he wasn't, not that he is.

You seen the price of Woodford share this year? He would have been one of the most successful fund managers going had he not been outed by the likes of Tvvat

Again i will link this litigation case for those interested in seeing his tactics.

https://www.aidanearley.org/litigation-summary/

The 6% revenue includes the coupon interest. 2% revenue without that.

For those wanting valuation projections..

Senario 1 Current business

96 companies at £1.3bn average of 13.4m
272 companies at £13.4m
£4,922m in inventory
6% of inventory which is £296m in revenue
1% of inventory which is £49.2m in profit
32,755m share in issue
Earning per share £0.0015
50% of EPS paid for Dividend £0.00075 per share
Forward dividend yield of 10% @0.75p share price
@0.75p On those numbers forward PE of
10 = 1.5p share price
20 = 3p share price
40 = 6p share price

Senario 2 Current and pilot business estimate

96 companies at £1.3bn
272 companies at £40m average in inventory £10.88bn (was the reported average for self funding model)
£1 Billion in inventory from Abu Dhabi pilot
£500m in inventory from UK pilot
£12,380m in inventory
8% of inventory which is £999.4m in revenue
1% of inventory which is £123.8m profit
32,755m share in issue
Earnings per share of £0.003779
50% of EPS paid for Dividend £0.001889 per share
Forward dividend yield of 20-25% @0.7p share price
On those numbers forward PE of
10 = 3.7p share price
20 = 7.4p share price
40 = 14.8p share price

Scenario 3 - 4 hubs into 2021 conservative

96 companies at £1.3bn
272 companies at £40m average in inventory £10.88bn (was the reported average for self funding model)
£10 Billion in inventory from Abu Dhabi pilot (Same as Europe so far)
£5bn in inventory from UK pilot (Multi billion companies approach SYME according to interview.
£10bn in inventory from USA (US deal in talks)
£37,180m in inventory
£2,230m in revenue @6%
£371.8m in profit @1%
Earnings per share of £0.01135
50% of EPS paid for dividend £0.005675 per share
Forward Dividend yield of over 100% at todays price.
On these numbers forward PE of
10 = 11.35p
20 = 22.7p
40 = 45p

Because of Mr008 boring posts and failure to stimulate my mind. I will not be reading them anymore. This may or may not affect Mr008's posting. I'm just guessing..like Mr008