SBW - Shekel Brainweigh

[tech/a]

Some excellent Pick ups
Interested in trade management plans from anyone holding
all or any of these.
I've traded all of them but currently dont have any of them.

Think that there is already some heavy supply.
BRN getting smacked at 11.30 Central time.
SBW coming off very thin no depth

 

[verce]

Just goes to show you - being able to form your own opinions, and have conviction based on extensive research, is the path to success.

 

[verce]

Right now its is an emphatic Reversal.Longer term it certainly
doesn't instill optimism. If your still in it you wouldn't want to see today's low Breached.
Most of the sellers seem to have dumped. But I dont see a lot of renewed demand at these
levels. If it was me Id be out and would have been out this morning.
But if its you verce--------Buy the dips?

I bought the dips!

 

[tech/a]

Cool
What about this one ?

 

[verce]

Cool
What about this one ?

Still waiting to see what happens. Wondering if the bullish action today correlates with the expo currently underway.

The Retail Innovation Israel retail technology expo will be held on September 8-9, 2020. It will include a virtual exhibition of 20 Israeli companies in the field of retail and an online B2B arena. The event will present and expose Israeli technologies to potential partners/customers from across the world and will facilitate personal business meetings.

 

[frugal.rock]

I bought the dips!

Your no dip stick for sure...

I bought the crackers...

 

[verce]

Your no dip stick for sure...

I bought the crackers...

I hope history judges me kindly.

 

[frugal.rock]

Aussie VIX up 17%...
History is speaking.
Just waiting on the translation....

A job for you Verce, research 4DS and report your findings in the appropriate thread. Chop chop.
History depends on your research.

 

[over9k]

Alright verce, you've piqued my interest. Tell me more. This thing's run 45% today.

 

[over9k]

But it was 36c at IPO and then just fell & fell & fell so that obviously has me more than a little concerned.

 

[verce]

First thing I must recommend is you go back to Page 1 of this thread - and look at my posts in order. There's lots of good information there spread out over a long period of time.

The big thing, for me, is the ability to recognise fresh produce automatically and prevent "shrinkage" - which is a big problem for retail. This intelligent loss prevention has been demonstrated in early 2020 in a collaborative effort with Intel and Shekel (among others).

The other technology, which I think has huge potential and a huge addressable market, is the Capsule with Hitachi (yes, the global Japanese company with a 30 billion USD market cap).

 

[over9k]

Yep did that. I'm wondering if you know why it just fell & fell & fell after the IPO?

 

[aus_trader]

A job for you Verce, research 4DS and report your findings in the appropriate thread. Chop chop.
History depends on your research.

Yeah, 4DS up 60% on no news or announcement. ASX query reveals nada, company saying "me no nothin"

 

[aus_trader]

OK something is up, company has paused trading with an announcement:

"shrinkage"

verce, Can you provide some information on this term, what it means ?

 

[verce]

https://www.investopedia.com/terms/s/shrinkage.asp

Shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error. Shrinkage is the difference between recorded inventory on a company's balance sheet and its actual inventory. This concept is a key problem for retailers, as it results in the loss of inventory, which ultimately means loss of profits.

 

[Dona Ferentes]

@over9k
Well,, a new tech hitting the bourse, and it drops from IPO price!!. I guess its all about timing.
Maybe a seed investor wanted to monetise?
Maybe the drain on capital often is more extreme than anticipated?
Maybe, seeing the IPO was oversubscribed, there was some exuberance, and the smart money was smarting; took its buckets & spades, and went looking for another sandpit?
Maybe, it listed at the fag end of another 'tech rout' Aug-Sept 2018 and capital allocations were altered?
Maybe, late lodgement of the 3Xs implied a certain unpreparedness or unfamiliarity for an Israeli company with ASX procedures?

Faint heart never won fair maiden

 

[over9k]

Trading halt. Someone on the inside been buying up before some kind of announcement perhaps?

 

[aus_trader]

https://www.investopedia.com/terms/s/shrinkage.asp

Shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error. Shrinkage is the difference between recorded inventory on a company's balance sheet and its actual inventory. This concept is a key problem for retailers, as it results in the loss of inventory, which ultimately means loss of profits.

OK thanks for the explanation, it wasn't obvious making me think of weird stuff like goods physically shrinking when you put them in freezers etc.

 

[aus_trader]

Trading halt. Someone on the inside been buying up before some kind of announcement perhaps?

That could be bad. Not trying to guess but ASX has been getting tough on insider trading and similar fraud. Some companies have gone to suspensions lasting months and years without their shares trading.

Let's hope NOT for the sake of the shareholders, some of whom are ASF'ers...

 

[Dona Ferentes]

But it was 36c at IPO and then just fell & fell & fell so that obviously has me more than a little concerned.

sentiment is as important as fundamentals; cast yr mind back to the penultimate tech wobble. In 2018 things were getting a bit dodgy. The ASX came out and expressed its nervousness

The Australian Securities Exchange is actively dissuading scores of immature tech companies from listing as it seeks to maintain standards and avoid reputational damage after the dramatic falls of Big Un and GetSwift.The ASX's executive general manager of listings, Max Cunningham, said he was regularly telling immature companies to postpone their plans to hit the market.

"We would spend over 50 per cent of our time [with the tech sector] persuading people not to list," Mr Cunningham said. He suggested some tech firms could be trying to exploit the ASX's flexible listing rules designed for the mining sector and warned companies should only come to market "when you are investment grade and there is sufficient liquidity to get into the eyes of some professional investors".

He also said the ASX expected prospective listed companies to have appointed proper directors and advisers.

Furthermore, eight Israeli companies looking to list on the ASX [in 2017 had] not come to market, he said, preferring "pre IPO rounds". While these companies had previously been looking at raising between $2 million and $3 million at a valuation of $20 million to $30 million, they were now on track to do raisings of between $20 million and $30 million on valuations of $70 million to $200 million. "That's a much, much better outcome for them and a much, much better outcome for the market," Mr Cunningham said. "Mostly what we are seeing is the market, advisers and companies self-regulate and that is the best outcome for everybody."

https://www.afr.com/companies/dave-...-despite-listed-tech-declines-20181119-h181nn

- maybe this end of the market just got nervous. SBW did generate $US18.2 million in revenue in 2017, as well as a $US1.9 million net profit, that year.