What’s your big gamble? (Volume 3)
Discussion
Insurancejon said:
If you had to ditch syme or eua, which one would it be and why?
Who me? If so it would be SYME. But probably 50% of each.EUA - Sadly it is in dodgy Russia where anything can happen. They may nationalise the mines then I'd be stuffed. Unlikely but it's a risk. Or sanctions for decades because of Ukraine that may stop all works.
SYME - As yet unproven business model and if proven the big boys could offer it to their existing customers and cut SYME out.
MikeStroud said:
Insurancejon said:
If you had to ditch syme or eua, which one would it be and why?
Who me? If so it would be SYME. But probably 50% of each.EUA - Sadly it is in dodgy Russia where anything can happen. They may nationalise the mines then I'd be stuffed. Unlikely but it's a risk. Or sanctions for decades because of Ukraine that may stop all works.
SYME - As yet unproven business model and if proven the big boys could offer it to their existing customers and cut SYME out.
I spoke with my mate who works for a very big Japanese bank. He isn’t allowed to dabble in the markets due to his position but his take on it is that although what they are doing is not a very new concept the method of doing it is new. His bank it would take a while to implement such a system because they are large and things don’t happen quickly. From what he can see the benefit is that SYME can gain clients quickly and now!!! If they get a good client base and it all works he reckons they would look attractive to a big player.
Aiminghigh123 said:
The point about SYME is my fear. However.
I spoke with my mate who works for a very big Japanese bank. He isn’t allowed to dabble in the markets due to his position but his take on it is that although what they are doing is not a very new concept the method of doing it is new. His bank it would take a while to implement such a system because they are large and things don’t happen quickly. From what he can see the benefit is that SYME can gain clients quickly and now!!! If they get a good client base and it all works he reckons they would look attractive to a big player.
$64,000 question: if he could, would he buy Syme?I spoke with my mate who works for a very big Japanese bank. He isn’t allowed to dabble in the markets due to his position but his take on it is that although what they are doing is not a very new concept the method of doing it is new. His bank it would take a while to implement such a system because they are large and things don’t happen quickly. From what he can see the benefit is that SYME can gain clients quickly and now!!! If they get a good client base and it all works he reckons they would look attractive to a big player.
MikeStroud said:
Phooey said:
For fun but also interested..
Starting from scratch. If you had no stocks today and couldn’t hold anymore than 3, what would you buy for LTH’s?
EUAStarting from scratch. If you had no stocks today and couldn’t hold anymore than 3, what would you buy for LTH’s?
SYME
INVESTEC (INVP)
I hold too many stocks - approx 20 - mostly AIM, and I'm starting to realise - mostly pump and dumps too.
I need to sell most of them and concentrate on just the one or three. And stocks that make a good argument for LTH so I don't have to keep checking for RNS every day..
Phooey said:
For fun but also interested..
Starting from scratch. If you had no stocks today and couldn’t hold anymore than 3, what would you buy for LTH’s?
Good question! Starting from scratch. If you had no stocks today and couldn’t hold anymore than 3, what would you buy for LTH’s?
1) IDP - I’ve just bought more and also committed to buying another decent chunk so obviously think it’s a good prospect.
2) Amigo - Obviously not without danger.. will either drop to single digits/go bust.. or be A 5 to 10 bagger by end of summer..
3) ALGW - Have been a fan for a while and have increased holding over the past few months.
500 Miles said:
1) IDP - I’ve just bought more and also committed to buying another decent chunk so obviously think it’s a good prospect.
I admire your confidence (both stated and demonstrated) on this one - the share price has been a bit disappointing this year.Would you mention this to investors as a 2-5 year or a more LTH ?
Chris Type R said:
500 Miles said:
1) IDP - I’ve just bought more and also committed to buying another decent chunk so obviously think it’s a good prospect.
I admire your confidence (both stated and demonstrated) on this one - the share price has been a bit disappointing this year.Would you mention this to investors as a 2-5 year or a more LTH ?
There is a really good business there which has been managed incredibly badly over the last few years.
I wouldn’t have trusted the previous management to run a bath, never mind a public company. They should be ashamed however those type never are.
We now have a much stronger management team with actual experience of the beauty sector - I reckon that could be useful... we have also expanded our technology and e-commerce experience.. again, probably useful for an e-commerce focussed company...
We have significantly beefed up our finance capabilities as well, and have a much better handle on costs - we are now fully focussed on profitable growth - using analytics to ensure we achieve good returns on advertising spend.
The prior ‘strategy’ was just to throw money at advertising to drive sales, regardless of whether it was profitable or not.
The team actually doing the work are really good, however, they just haven’t had the leadership that was required.
There is still a lot to do however I’m confident we’ll be successful and I’m obviously expecting to make a good return from my investment.
Timescale wise... If we execute well and take advantage of the fact we are now entering peak tanning season at the same time as Covid restrictions are being eased, then the sp should react positively over the next couple of quarters.
It’s a very different company to what it was just 6 months ago, we now just need to prove that to the market by delivering decent results.
Wouldn’t like to be out of this over the weekend.. DYOR...etc etc..
500 Miles said:
I think once the rights issue clears at the end of this month, then the shareprice should start to recover - obviously it’s the market so anything could happen..
There is a really good business there which has been managed incredibly badly over the last few years.
I wouldn’t have trusted the previous management to run a bath, never mind a public company. They should be ashamed however those type never are.
We now have a much stronger management team with actual experience of the beauty sector - I reckon that could be useful... we have also expanded our technology and e-commerce experience.. again, probably useful for an e-commerce focussed company...
We have significantly beefed up our finance capabilities as well, and have a much better handle on costs - we are now fully focussed on profitable growth - using analytics to ensure we achieve good returns on advertising spend.
The prior ‘strategy’ was just to throw money at advertising to drive sales, regardless of whether it was profitable or not.
The team actually doing the work are really good, however, they just haven’t had the leadership that was required.
There is still a lot to do however I’m confident we’ll be successful and I’m obviously expecting to make a good return from my investment.
Timescale wise... If we execute well and take advantage of the fact we are now entering peak tanning season at the same time as Covid restrictions are being eased, then the sp should react positively over the next couple of quarters.
It’s a very different company to what it was just 6 months ago, we now just need to prove that to the market by delivering decent results.
Wouldn’t like to be out of this over the weekend.. DYOR...etc etc..
good to hear from you 500, i feel you need some sort of tie up with deepverge and their labskin stuff etc!There is a really good business there which has been managed incredibly badly over the last few years.
I wouldn’t have trusted the previous management to run a bath, never mind a public company. They should be ashamed however those type never are.
We now have a much stronger management team with actual experience of the beauty sector - I reckon that could be useful... we have also expanded our technology and e-commerce experience.. again, probably useful for an e-commerce focussed company...
We have significantly beefed up our finance capabilities as well, and have a much better handle on costs - we are now fully focussed on profitable growth - using analytics to ensure we achieve good returns on advertising spend.
The prior ‘strategy’ was just to throw money at advertising to drive sales, regardless of whether it was profitable or not.
The team actually doing the work are really good, however, they just haven’t had the leadership that was required.
There is still a lot to do however I’m confident we’ll be successful and I’m obviously expecting to make a good return from my investment.
Timescale wise... If we execute well and take advantage of the fact we are now entering peak tanning season at the same time as Covid restrictions are being eased, then the sp should react positively over the next couple of quarters.
It’s a very different company to what it was just 6 months ago, we now just need to prove that to the market by delivering decent results.
Wouldn’t like to be out of this over the weekend.. DYOR...etc etc..
500 Miles said:
Chris Type R said:
500 Miles said:
1) IDP - I’ve just bought more and also committed to buying another decent chunk so obviously think it’s a good prospect.
I admire your confidence (both stated and demonstrated) on this one - the share price has been a bit disappointing this year.Would you mention this to investors as a 2-5 year or a more LTH ?
There is a really good business there which has been managed incredibly badly over the last few years.
I wouldn’t have trusted the previous management to run a bath, never mind a public company. They should be ashamed however those type never are.
We now have a much stronger management team with actual experience of the beauty sector - I reckon that could be useful... we have also expanded our technology and e-commerce experience.. again, probably useful for an e-commerce focussed company...
We have significantly beefed up our finance capabilities as well, and have a much better handle on costs - we are now fully focussed on profitable growth - using analytics to ensure we achieve good returns on advertising spend.
The prior ‘strategy’ was just to throw money at advertising to drive sales, regardless of whether it was profitable or not.
The team actually doing the work are really good, however, they just haven’t had the leadership that was required.
There is still a lot to do however I’m confident we’ll be successful and I’m obviously expecting to make a good return from my investment.
Timescale wise... If we execute well and take advantage of the fact we are now entering peak tanning season at the same time as Covid restrictions are being eased, then the sp should react positively over the next couple of quarters.
It’s a very different company to what it was just 6 months ago, we now just need to prove that to the market by delivering decent results.
Wouldn’t like to be out of this over the weekend.. DYOR...etc etc..
petemurphy said:
good to hear from you 500, i feel you need some sort of tie up with deepverge and their labskin stuff etc!
Apologies for my absence - I feel like I’ve taken everyone to the casino and then buggered off without buying the first round We now have the same Chairman as Deepverge, will ask if he sees any crossover. Although at the moment we’re throwing everything at Skinny Tan, it has a lot of potential if we can get the marketing right and ensure we’re targeting the right people - we’ve had ex-googlers and ex-FB digital marketing guys crawl all over it and have fixed quite a few of the underlying issues.
The company now has a huge amount of data points and post the raise we are going to be well capitalised, there are no excuses as to why we can’t make it a very successful company.
k you babcock!500 Miles said:
Chris Type R said:
500 Miles said:
1) IDP - I’ve just bought more and also committed to buying another decent chunk so obviously think it’s a good prospect.
I admire your confidence (both stated and demonstrated) on this one - the share price has been a bit disappointing this year.Would you mention this to investors as a 2-5 year or a more LTH ?
There is a really good business there which has been managed incredibly badly over the last few years.
I wouldn’t have trusted the previous management to run a bath, never mind a public company. They should be ashamed however those type never are.
We now have a much stronger management team with actual experience of the beauty sector - I reckon that could be useful... we have also expanded our technology and e-commerce experience.. again, probably useful for an e-commerce focussed company...
We have significantly beefed up our finance capabilities as well, and have a much better handle on costs - we are now fully focussed on profitable growth - using analytics to ensure we achieve good returns on advertising spend.
The prior ‘strategy’ was just to throw money at advertising to drive sales, regardless of whether it was profitable or not.
The team actually doing the work are really good, however, they just haven’t had the leadership that was required.
There is still a lot to do however I’m confident we’ll be successful and I’m obviously expecting to make a good return from my investment.
Timescale wise... If we execute well and take advantage of the fact we are now entering peak tanning season at the same time as Covid restrictions are being eased, then the sp should react positively over the next couple of quarters.
It’s a very different company to what it was just 6 months ago, we now just need to prove that to the market by delivering decent results.
Wouldn’t like to be out of this over the weekend.. DYOR...etc etc..
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