The latest Investing Matters Podcast episode with multi-award-winning fund manager and international bestselling author Lee Freeman-Shor has just been released. Listen here.
I agree, it wasn't bad but people have hyped themselves up in to expecting more and have reacted because their own expectations were not met. Origination has increased so more clients are coming on board (belief in the concept is therefore growing) and Storm Harbour have sensibly chosen to diversify the lending to remove risk and that can only help SYME in the longer term . Lots of people expected the first monetisation which is why the SP has reacted this way as they have panicked and sold out, many would have sold at 0.36p this morning but look at how quickly the SP recovered after the early morning panic. That early morning sell off tells me there were a lot of inexperienced PIs invested here who panicked and sold in the first hour of trading (during the most volatile period where trades are likely to be at "Best Price" and not "Quoted".
She doesn't appear to have a great deal of experience at an executive level so it will interesting to see how if this turns our to be too big a step; time will tell. However, on a positive note, when somebody at Director level previously leaves a job to take up employment elsewhere I am sure they do their own due diligence on the prospective employer and hence she must be satisfied with the long term prospects at SYME.
Whoever wrote that RNS has a good sense of humour, using “buoyancy” to describe the cruise industry and “ramp-up” alongside words about the slipway is very subtle but clearly
the author has a sense of humour.
-……… and a good RNS as well!
The AAA team is the reason I'm here; they achieved 3800% SP increase in 12 months. I am ready to be on that flying machine!
He needs the funds for a new company but intends to hold the remaining 5%.
Is the Richard Edwards who is invested here the same one who is invested in SNT?
AAA went up 38,000% in 12 months.
…. Don’t say I didn’t tell you!
…. this will be 4p before you know it and then marching relentlessly to 5p and beyond.
I’ll let my investment double, recover my initial capital and then let it run for 12 months minimum. That’s my new strategy and it’s working well so far. I’m too busy to be trying to trade every little movement and wouldn’t risk getting locked out when this gaps up which I expect will happen on multiple occasions over the coming months.