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Cheers for the links the posts SAM. All good info for newbies

Chalker lost what little respect I had when he brings up 7 month old accounts as "fact" and ignores 7 months of progress and trading updates.

The thing with @Chalkers "Facts" is they are out of date. A lot has happened in 7 months. AIG were being tipped as a good investment because they have so many top slots at airports. Things change.

I hope he pays all you share puppets time and half for weekends.

When someone is chatting about £3000 in an old report at the beginning of a RTO start up, ignoring a recent Business update stating revenue of millions, you just got to laugh.

Looks like the Chalk is crumbling.

https://www.lse.co.uk/rns/SYME/update-on-business-operations-fr1a9nc7xeojn1o.html

Will post this here also as more reading this thread..

Looks like our Non Ex Directer Susanne Chishti has been reading the boards and felt it necessary to write a new book. ;)

https://www.amazon.co.uk/FINTECH-Dummies-Business-Personal-Finance/dp/1119427266/

Yes Shep, More surprises could be added to that. It's also a future projection so we are assuming SYME deliver all promised. Hence the opportunity witnessed with SYME. Those in now, if all goes to plan, will do very well. @Delta, exactly.

Also worth adding, A Fintech PLC that goes from start up with no revenue, to £8.8m revenue in 6 months, to £139m revenue in year 2 will be given a PE far higher than 10.

This may need posting again here..
This was the one funding source we have a plan for and the current portfolio. March 2022 forward averaged projections gave the following.. Note March 2022 not 2021.

Combined March 2022 Revenue
= £139,133,332

March 2022 Net Profit @50% margin
= £69,566,666

Earnings per share = .0212p
PE of 10 = 2.1p
PE of 50 = 10.6p
PE of 100 = 21.2p

That’s assuming a 50% margin. Some opposed that and said the on boarding process wouldn’t see that. So let’s be conservative and slash the whole profit margin and run a worst case.

Worst case profit margin.

March 2022 Net Profit @30% margin
= £41,739,999

Earnings per share = .0127p
PE of 10 = 1.27p
PE of 50 = 6.3p
PE of 100 = 12.7p

So, worth saying nowhere did I say 50p or £1 would be achieved unless the growth is of extremely high levels for many years, the market warrants it, and SYME becomes the golden child of the stock market and is given a 400 odd PE. Possible, maybe in 5 years, maybe less the rate of progress we are seeing so far, but it would need to sustain a high level of growth for years and perform 100%.

Looks like our Non Ex Directer Susanne Chishti has been reading the boards and felt it necessary to write a new book.

https://www.amazon.co.uk/FINTECH-Dummies-Business-Personal-Finance/dp/1119427266/

Always the rumours that stir this one! Haha
Soo... Reading that, looks like there could well be an option/room for the SYME platform.
Macy’s Inventory Funding LLC implies to me self funding.
Been saying for a while, SYME is a service company.

Even if it had nothing to do with SYME's USA pilot, shows the demand doesn't it...

You are quite right, I did. After years of practice I find it quite easy to spend 5 hours on a boozy lunch and still manage to write a comprehensible email/report/bb post.

Sounds like a trip to AA may be in order...

Cheers Darren, I like an undervalued play with a touch of risk. This looks good from here. I imagine the afternoon may get interesting.

Was looking at AJBell's SIPP just last night Ira. Thinking of moving soon myself.. Good to hear you like it there so far.

Haha, I wouldn't go that far Poor, glad you held. I think £10 is going to be hit there. That is a company delivering. Shows what happens when the cash really starts rolling and the margins are high.

@H202. Learn a lot from some posters on this site. Apunter on Syme has helped a lot. Have read a lot of Jim Slater books 20 year ago. Got taught by a very kind old pilot some basics.

Lots of good stuff out there. Search every term you see. P/E P/R PEG Gearing, you name it, google will help.

HL is awful, Keep an eye on live elsewhere. If you get offered a good deal, grab it. Their prices have been way out and are not live on many.

Great post AP. Whens the apocalypse?
We will know soon enough..

Hope you didn't sell that testing company Poor ;)

Bulls vs bears, you'll have it in every stock. Research is your confidence.
Some people short, some people go long, some people see the future as bleak, some see it as bright.
This is just human differences, which is why you must research and ignore the noise.

No worries Sam. EUA helping my portfolio along with some others while SYME has been quiet. Is the beast awakening today? ;)