Australian (ASX) Stock Market Forum

SBW - Shekel Brainweigh

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Dona Ferentes said:
pretty sleepy stock, @verce. A bit of volume on announcements, but not a traders fave.
(going to be hard to punch the lights out in the Sept competition for you if there are no buyers and 'undisclosed sellers' - which there appear to be.)
Click to expand...

Hi Dona

Appreciate your concern. When you are dealing with the speculative micro and nano-cap end of the market, there is undoubtedly going to be lower volume and liquidity because these are undiscovered and undervalued companies.

Volume will always come with price discovery, and I'm confident you will see higher volumes in due course.

My previous record-breaking picks all started out the same way - WOA and TNY in particular had almost no volume and no interest early on. There would be days at a time without any volume whatsoever.

TNY @ 24 cents
https://www.aussiestockforums.com/threads/tny-tinybeans-group.32972/#post-1011324

WOA @ 14 cents
https://www.aussiestockforums.com/threads/woa-wide-open-agriculture.33964/#post-1036063

I definitely wouldn't recommend trying to trade this stock. It's more a speculative hold.
 
verce said:
... these are undiscovered and undervalued companies.

I definitely wouldn't recommend trying to trade this stock. It's more a speculative hold.
Click to expand...
at present they are more like underdiscovered and unvalued.

Tend to agree with some of your other commentary; but the runs have to get on the board, before anything meaningful happens.
 
Yes you are correct. Under discovered since it appears to be on people’s radars now. I’m finding it frustrating every time the stock looks ready to advance, more shares pop up at the 20 cent level. Although this surely cannot be sustained indefinitely.
 
verce said:
Yes you are correct. Under discovered since it appears to be on people’s radars now. I’m finding it frustrating every time the stock looks ready to advance, more shares pop up at the 20 cent level. Although this surely cannot be sustained indefinitely.
Click to expand...
to me it implies a major seller dribbling into the market. Undisclosed. On Chi-X. Often an institution. (maybe look for "Change in Substantial Holdings" notice in Announcements, in the near future)
 
I'll stop with the self-pity, and add some new research I found. :laugh:

https://www.edgify.ai/retail/

  • Reduce time at till and selection at self-checkout by up to 98%. Computer vision-based product recognition, that continuously learns directly on the till, so the accuracy of the detection always increases.
  • Friction-less stores are great in theory but extremely complicated to scale in practice. Our edge training solution makes autonomous stores scalable, by having all the AI train directly on the camera. No infrastructure costs and no added complications.
  • Reduce incorrect selections by up to 90%. Either intentional or unintentional, use computer vision that is trained directly on the SCO itself to reduce loss by more than half!
  • No barcodes, no packaging, no worries. Simple USB cameras can detect the produce at close to 100% accuracy. Use as a decision support for cashiers, or to avoid consumers having to go through long and confusing menus.

    https://www.edgify.ai/wp-content/uploads/2019/08/Retail_Intro.pdf

    amazon.jpeg

    shekel.jpeg
 
@verce The 20 cents you speak about is the resistance level.
Until it runs out of buyers at 20 cents it can't go up. It lots? of small sellers (4)
Once they all gone it might go up but just as easily go nowhere or down.
Less than $13,000 of stock was trade today.
 
Austwide said:
@verce The 20 cents you speak about is the resistance level.
Until it runs out of buyers at 20 cents it can't go up. It lots? of small sellers (4)
Once they all gone it might go up but just as easily go nowhere or down.
Less than $13,000 of stock was trade today.
Click to expand...
SBW may have woken up (for another go).... nudging 23c ... Still only a retail plaything, though
 
I feel like their collaboration with companies like Hitachi and Intel should see a higher valuation than 30m AUD market cap. But I'm speaking purely from a personal qualitative opinion. I think there should be a decent re-rate if they can reach the inflection point of profitability from the innovation division.
 
The tech seems to be well advanced.
I'm not interested in selling.
A long term investment IMO.
Might consider lightening at $1.00...
;)
I need to look at the tech closer, but it seems to be what has been discussed aimlessly in years gone by now actually coming to fruition.
A physical shopping game changer, a proper interrupter... covid is thrusting it into the limelight faster than average. :xyxthumbs
 
frugal.rock said:
The tech seems to be well advanced.
I'm not interested in selling.
A long term investment IMO.
Might consider lightening at $1.00...
;)
Click to expand...

I feel the same way! I don't think it's a stretch or out of the realm of reality to see this get to 50 cents.

$1 would probably require some significant advancement in their Capsule autonomous project.
 
verce said:
I'll stop with the self-pity, and add some new research I found. :laugh:

https://www.edgify.ai/retail/

  • Reduce time at till and selection at self-checkout by up to 98%. Computer vision-based product recognition, that continuously learns directly on the till, so the accuracy of the detection always increases.
  • Friction-less stores are great in theory but extremely complicated to scale in practice. Our edge training solution makes autonomous stores scalable, by having all the AI train directly on the camera. No infrastructure costs and no added complications.
  • Reduce incorrect selections by up to 90%. Either intentional or unintentional, use computer vision that is trained directly on the SCO itself to reduce loss by more than half!
Click to expand...





Encroaching on Google, Microsoft and Amazon cloud services is a bold strategy. Hope it pays off.
 
frugal.rock said:
The tech seems to be well advanced.
I'm not interested in selling.
A long term investment IMO.
Might consider lightening at $1.00...
;)
I need to look at the tech closer, but it seems to be what has been discussed aimlessly in years gone by now actually coming to fruition.
A physical shopping game changer, a proper interrupter... covid is thrusting it into the limelight faster than average. :xyxthumbs
Click to expand...
agreewith thabove.

disclosure. i bought in last week. That's good, ...... but maybe FR and I were the market. !!!
 
That is funny... :D
A proper round robin.
I only bought ~17000 volume on 18th August, so there's a few other buyers by looks.
Don't forget the US is being helpful towards Israel, maybe Trump would like the tech in the US before the election and has been casually buying. :speechless:;):xyxthumbs
 
On 19th. two grabs, sub 19c average for 60K
(don't like buying esp when undisclosed's keep popping up)
 

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