Member Info for WolfofWarks

How do you know that?

Big Mac - everything in a isa is tax free.

I don’t understand the fascination with dividends unless you’re drawing your pension.

It’s a bad use of capital in a high growth company in my opinion. I’d rather they reinvest it.

I was going to pile some more in this morning and hovered over the buy button. Kicking myself now. Tomorrow morning I’m going for it. Even if this is just momentum there is a lot of money to be made in the next couple of weeks. The price looks like it’s heading for the option price, unless it’s a coincidence. I’m no expert on how these things work.

Nikiki - I’ve always read his posts. However there’s never much on the company itself and too much fretting over wg[ho owns what.

Plus not forgetting that when he told us for weeks iis where loading up he was possibly largely wrong.

Maybe it’s something to do with this being a new venture but for me research is looking at what the company does, how it does it, what’s its strengths, weakness, opportunity, threats, competition, addressable market, etc.

Getting excited about transactions largely between related parties doesn’t really add value for me.

From the interim report

The supply chain financing market is competitive and evolving.
Although Supply@ME provides an alternative platform focused on inventory monetisation (the innovation is that, for customers the transaction is not, strictly speaking, a financing transaction), the Group competes with lenders and lending platforms, as well as financial products, that attract borrowers, investors or both. With respect to borrowers, the Group primarily competes with traditional financial institutions, such as banks, asset based lenders, online platforms and captive networks. With respect to investors, the Group primarily competes with other investment vehicles and asset classes offered by a large number of financial and other institutions.

Massive sell off today

Try again

Fair play to whoever took the time and effort to put that together but it’s a bit light on detail with regards to the company itself.

I wouldn’t say it constitutes thorough research.

Fair play to whoever took the time and effort to put that together but it’s a bit light on detail much in the company itself.

I wouldn’t say it constitutes thorough research.

Dave - I thinking the Arabs are probably involved at every step from building to collecting the sales proceeds or rentals after, good way to invest all the energy profits.

It looks like they are funding through there own platform that has been created though.

Best interview to date Tex, a must listen in the context of things.

Infrastructure is a broad term though. I’ve read that web link five times now and I can’t see how it fits with SYME at all.

If anything it looks like they have created their own platform in order to service SME customers but in infrastructure so presumably government let construction projects.

I suspect the wrong tree is being barked up here. Happy to be wrong though.

Come on JR show us your research it’s nearly Christmas.

How does all this all fits into our model?

Surely this platform if it’s supplying SME would be a competitor to SYME in the Middle East?

Plus can someone please explain why on earth you would need blockchain to monitor real estate which isn’t inventory?

I must be being thick here. Can someone explain to me in layman’s terms what the correlation is between this fund and Syme?

An oil company investing with a bunch of partners in a real estate portfolio. Is the link here that it’s in the Middle East? Am I missing something?

I don’t quite get it either, unless it’s some tenuous link to what AP was harping in about the other day.

As good as AZ might be I don’t think he’s Marty McFly.

Abal groups’ s year end was originally 30th March however this was extended to 30th Sept which coincides with SYME Sri (the original Italian company) year end. I believe the 19/20 results to 30/09/20 should with us in the new year.

“Although, ironically a no deal brexit may be the best case for Syme as lots of industries will not longer be able to rely on just in time delivery and will be forced to build up inventory in order to remain productive”

Dusty - I don’t but this idea at all, it’s EU scaremongering. Plenty of companies operate JIT across international borders without being in the EU.

As an example the government are not going to let say JLR bottleneck not a chance. Is your small manufacturer trying to bring in 500,000 widgets from China that’ll get screwed over. Plus it will only be temporary as we experience a few teething problems.

The bigger pain in the arse for me at the moment is the new border that’s being created between GB and Northern Ireland. We’re going to have to declare goods that are not even being sold, just moving inter branch between two home nations.

He’s in a pickle.

Damned if he does and damned if he doesn’t.