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I sure do hope so.. So much news to look forward too.
I personally am able jto just ignore the share price and the MM games (I struggled when 1st started investing) I genuinely think this drop atm is complete nonsense.
I would always tread with caution when trying to average down as it can be a dangerous strategy, I'll be having another top up soon at these levels though, great value :) our friends at tradeflow obviously thought so too.
ATB holders in SYME :)
So there in £2.25b of 'stock' in the pipeline.
This does not include development in captive Bank.
The development that has been made in the ICC.
Execution of the Sharia compliant IM programme.
Make of that what you will.
Looking a little more deeply into the trading update, yes AZ hasn't threw everything at it (I also think somebody is still investing) May not have enough shares yet, but that is a positive update if you read carefully.
This
Yes we all wanted solid IM, there was nothing wrong with that trading update though, absolutely fine.
Yes the market dropped, I personally wasn't selling anyway, Yes nobody wants a dip but it actually irrelevant to me short term.
The market drops it creates great volume for the MM's, seen that 90m buy go through not to long ago aswell (somebody again sees the value)
ATB
SYME added the forecast does reflect any contribution from ongoing developments in Captive Bank funding; the International Chamber of Commerce partnership; and execution of Shariah-compliant inventory monetisation transactions.
Agreed, I expect a good trading update obviously hoping for the cracking RNS but either way I know its not far away and I will top up again if this dips.
It's not a case of IF now it's when :)
Savvy,
Yes I also lowered my expectation short term with the things being sorted behind closed doors.
I also suspect the the rise last week was potentially held back filling those orders at an agreed price.
Either way it has gotten to the stage where I'm saying how big could this be?
How high if the P/E going to be?
These delays did help me get alot more shares over to my ISA.
Keeping my eyes firmly on the prize with this 1.
The words 'snowball effect' 'monetization rollout programme' 'global' come to mind :)
Genuinely wouldn't want to be out of this 1
Really looking forward to our trading update and the forward looking (expected) numbers.
It really has been bought to the forefront by Parm how much due diligence has been done on SYME.
It really is a case for me now of when we start moving and the snowball effect kicks in.
Really is very likely that once we get moving and the IM is confirmed started by RNS that the IM has started, and AZ confirms bank etc the P/E will likely start coming into play, we then have the fact of our balance sheet should start looking good with cash :) which could then a dividend may be possible in the future.
May sound daft but I've never been so excited about an investment, I genuinely believe if this was listed in the USA the valuation would be in the billions and we are on the verge of tapping a multi trillion £ untapped global market.
Hence the reason I'm so excited about this :)
Do you really think the likes of Extrader has been hanging around here to save the shirt on your back?
In alot of of Extraders posts you'll find strange punctuation and lots of drivel, I've personally always thought it was to try and confuse the mind and the situation THAT SYME IS GOING GLOBAL.
Savvy has made a few good points regarding times, I do think we'll get the update Tuesday 1st thing - hopfully forward numbers too 'The cracking RNS' is definitely not to far off now too.
ATB to long term holders here, I can personally see the next fews years here in SYME being outstanding :)
I'm sure were going to see a business grow at a fantastic rate.
Let the 'SNOWBALL' EFFECT COMMENCE
It's been 1 hell of a journey so far in SYME it really is starting to seem like things will really start moving forward here in the next few weeks.
Good luck all, I'm working on roughly every £1b monetized will be over 1.5p to the SP ??