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Been saying it all along AZ & DW tied in this together as Eight Capital Partners now suspended as well along with Rtop,I have shares in both so be interesting to see how this maps out either a big scam or a master stroke for all 3 companies involved by AZ .Been a solid supporter from day one but it's looking a bit suspect now hope I havant been had ?
Loss in percentage of company if dilution takes place.
Re just topped up... ???
Just topped up enough this morning to cover the drop for if and when the 20% dilution hits us.
Lots of buys shown as sells today
Can’t believe Banco bpm have got involved with these scammers ! Doesn’t make them look good imo !!
This is not a good look for the DW/AZ companies. Pack of cards falling or well-planned extraction of maximum cash from shareholders. RTOP Suspended and allowed to perish, avoiding further scrutiny - take private and rinse and repeat - it will be fascinating how this plays out. With the subsequent events taking place at RTOP, it's no wonder the BoD wanted the SYME AGM over before the end-of-month news was published. And to think they knew all along whilst talking to shareholders with a straight face.
Eight Capital shares suspended this morning as the couldn’t get audited accounts on time.
A TAG subsidiary 1AF2 was due to pay Euro 73 million by 30 June 2024 to various parties including Eight. The loan is Eight largest asset.
AZ empire is under enormous financial pressure.
No reasons why apparently. They are actively working to engage a new auditor, this says to me it wasn't mutual parting or they'd already have a new one lined up.
Every Rns surrounding Az just stinks of deception, chipping away at any remaining confidence.
I'd rather hear bad news than speculative fairytales we've suffered for 4 years
Stand corrected Peaky then things are looking up for SYME.
I wonder if AZ's apparent smugness at the AGM was misconstrued that he is actually closer to closing the deal with Banco BNP that we think!
Your continued slating of those who attended the AGM is most unedifying. Those folks took time, expense and effort to attend and those who had the courage to pipe up should be commended. You didn’t.
Just because you don’t agree with statements/questions raised by shareholders doesn’t mean they shouldn’t be applauded.
Someone mentioned about the company being unable to make acquisitions. That opinion shows a naivety on how acquisitions at a listed company level works. The company has limitless funds due to the ability to simply issue new shares as consideration for acquisitions.
Plums - nope, people should be free to post their opinion and people like yourself need to stop trying to blame other investors for your actions.
Like I said - it’s your responsibility and nobody else’s. If you’re taking market advice from a social media platform then I doubt you’ll ever succeed.
Venus still hold 14% and is not a provider of CLNs
Just to add.
I would also prefer that AZ and the Board take an immediate pay cut and move to more of a share based form of remuneration linked to performance as well as buying shares themselves.
This would signal to the market that the Board aligns with investors concerns over remuneration and bonus's and links their reward directly to business performance and would restore investor confidence that the business has a future which is a paramount immediate concern.
Peakhope
I believe the only real game changer here will be if and when we get a validation RNS that Banco BPM is progressing to main stream lending of the WL IM product.
Until that point all dialogue will just continue churning over past events rather than future potential.
The point I raised on the recent funding in May capsulates that the Board if further funding is required is moving away from garbage funders like Venus who just dump shares on the market to private investors with Amy refering to 50 odd at the AGM.
Now yes they could simply by chances who are looking for a quick return and might dump their shares on the next share price spike or SYME provided sufficient confidence both short term progress to date and future prospects further down the line to convince them to invest £1.5m.
Unfortunately we didn't get the opportunity to explore this at the AGM as too many herberts wasting time on the past and not on immediate and future prospects with some really truelly bizarre and utterly irrelevant questions.
The current market cap is just £13m so plenty of upside if AZ just stops waffling and delivers. He needs to focus on delivering and not get distracted with launching other businesses like rtop...Personally he's needs coaching on presentation skills as his weak grasp of English is a real turn off.
I don’t post much as there is not much to discuss and it’s turning back to what it once was - people tearing chunks out of each other which is not really my thing ,
Not sure what you mean “ to keep to your protocol “
What is it that you think my protocol is ?
Interested why you don’t post much these days mind peak?!
Obviously from your view, nothing more to add? From most other people they want AZ in jail! Obviously not your thoughts, but many many others. And to keep your protocol.. 🤷
A considered appreciated reply Peakhope! Anyway I’ve decided to sell the vast majority of my shares on the next blip up so you will be most likely rid of me anyway.
Upzeums - I don’t post often these days anyway only recently started posting again because of AGM and thought people would be discussing AGM and not other LTHs - anyway I take on board what you say but will continue to be myself - not going to take anymore of anyone’s time up and it’s not my thing arguing with other LTHs we will have no impact on whatever may or may not happen - so I will respectfully wish you all the best Upzeplums 👍and return when there’s news worthy of discussion
Steve Ward
A few posts ago I wrote
‘Ultimately I realise I have no-one to blame but myself’
so your post is pointless. But nevertheless people like Peakhope and in particular TG2D should be careful what they post
Plum - You buy shares by pressing the buy button. Your shares are your problem so trying to blame someone else for encouraging you to average down is complete nonsense imo.
We all have the same level of personal responsibility when it comes to mitigating the level of risk. If you can’t accept this, then I would suggest you don’t buy shares in any company.
Personally, I like to share my opinion from time to time, and tbh my opinion can change depending on what I read and that’s my prerogative, but to claim that I’ve been encouraged to buy more by someone who has openly stated that this is their first investment and they consider themselves a novice - well that firmly puts the joke on you quite frankly!!
I would say no disrespect to Peaky but there’s no need, because he knows me better than that.
Bottom line is - don’t cry and blame others if you’re failing at the stock market, learn from your mistakes and carry on….or sell up and do one. Simple!!
Couldn’t agree more. The Swiss look much more likely than boring old Italy in the first 10 mins
I think you are half right Upzeplums in as much as i wouldn't trust anything that TGTD says but Peak is an honest and straightforward as they come as far as i can see and in any case...
I bought shares in SYME , nobody made me do it , and if it goes down the drain i'll just have to take it on the chin.
I won't sell up now though , that would be an act of sheer madness , still MIGHT come good...
Right , footy's on , Switzerland are lively outsiders for me
He who is innocent cast the 1st stone - I don’t understand what your trying to say or achieve by your posts - is it a personal attack , character assignation or to discredit me - I’ve already discredited myself many times over- I’ll say it again for the hard of hearing - I am a novice syme was my 1st investment please no one act on anything I say I simply share my views and opinions honestly and openly just as Extrader , analyser and all other posters do - I have had reasonable discussions with both Ex and theanalyser along with castle and nobby I hold no malice towards them or any one else we are all expressing our opinions - with regards to being right or wrong we will have to wait and see - also with regards to averaging down if WL and charge is settled soon providing you haven’t sold out you might change your tune
he who is innocent cast the first stone! you have to acknowledge you have encouraged people to average down and ****ged off ‘detractors’ who have proved to be correct