over9k
So I didn't tell my wife, but I...
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- 12 June 2020
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Yeah it's actually an accounting term - I'm lucky, the mrs is an accountant and works right next to me every day
Yeah it's actually an accounting term - I'm lucky, the mrs is an accountant and works right next to me every dayOK 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.
Great info DF. Good examples with Get Swift (GSW) and Big UN'cle (BIG, no longer listed). Insiders and some lucky traders made truck loads riding those crafty ascends while other retail investors and unsuspecting traders lost fortunes on the nose-diving descends.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
He also said the ASX expected prospective listed companies to have appointed proper directors and advisers.
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.
Company has reported the unaudited numbers in the income statement a few days back. There is nothing that stands out, all in line with last year's numbers...To DF's point - had the market priced a much higher profit in perhaps?
The fundamentals say this was a buy before this spike, but this trading halt has me worried.
and the replyTrading halt. Someone on the inside been buying up before some kind of announcement perhaps?
1. The trading halt is requested pending a response to an ASX Price and Volume Query and the release of an announcement concerning funding;
OK folks, nothing to worry about then. As DF pointed out it looks like a capital raising in the making...and the reply
back on Friday, folks
Yeah, but. Sniff test?OK folks, nothing to worry about then. ...looks like a capital raising in the making...
Do I smell a rat ?Yeah, but. Sniff test?
I remember when this about 8c a couple months ago and now it's a 4 bagger on no news.
That's why I love these microcaps with basically infinite markets as valuing them at 4 times their price is just as subjective as it's price beforehand and logic is irrelevent.
Hi Everyone!
Research as a Service have put out a new report, with a new price target of 38 cents a share. I was pretty honoured to be cited by them in their publication.
https://raasgroup.com/download/ASX:SBW Shekel Brainweigh RaaS Update 2020 09 07/?wpdmdl=3509
View attachment 108982
Hi @verce, love the work you are putting in to this. Never heard of RaaS, but there you go! And I had a good look at Casino Annual report 2019 (it's p43, btw, where Shekel gets a mention). I must admit that is one powerful review of what is a huge corporation; I remember the company well from time in France. There's a lot to learn about how the local players are coping here . WOW and COL must run just to keep up! (my mate is ex COO for Target; & knows Brad B at WOW well. We talk about these things all the time).Hi Everyone!
Research as a Service have put out a new report, with a new price target of 38 cents a share. I was pretty honoured to be cited by them in their publication.
https://raasgroup.com/download/ASX:SBW Shekel Brainweigh RaaS Update 2020 09 07/?wpdmdl=3509
View attachment 108982
I have no doubt our local players employ similar, especially as they upsize distribution centres.THE POWER OF ALGORITHMS. Once everything is unpacked, the orders can start to be fulfilled. To understand what’s going on, it’s important to know that the system has already calculated the day’s delivery rounds, based on the orders booked before cut-off at 11:00 pm the night before. The picking process is organised according to this optimised programme, which reflects the precise time slots requested by customers. When an operator sits down at a picking station, dozens of robots search the storage racks for the totes containing the ordered products, “pick” the right ones and bring them back to the station. It takes just six minutes to fulfil an order. “When we think of this fulfilment platform, we remember Ocado’s robots, but in the end they’re simply moving products around,” says Ferdinand Tomarchio, Managing Director of O’Logistique, who was previously Marketing and Sales Director at Cdiscount. “The most interesting and innovative part of our solution is the algorithms that underpin the entire process. Artificial intelligence gives us total control over an unbelievably wide range of products
Hi @verce, love the work you are putting in to this. Never heard of RaaS, but there you go! And I had a good look at Casino Annual report 2019 (it's p43, btw, where Shekel gets a mention). I must admit that is one powerful review of what is a huge corporation; I remember the company well from time in France. There's a lot to learn about how the local players are coping here . WOW and COL must run just to keep up! (my mate is ex COO for Target; & knows Brad B at WOW well. We talk about these things all the time).
It is amazing the changes and adaptions to supply chain logistics that are occurring; from Casino p56... I have no doubt our local players employ similar, especially as they upsize distribution centres.
And yet, and yet. Don't write off the human brain, just yet. My son was a chercheur en mathématiques in Paris; his method of finding the quality wine (on his salary) was to go to Monoprix in the afternoon; whichever (newly arrived that morning) pallet of Euro6-8-10 wine was the most picked over was the one he chose. Pretty good strike rate, he reckons.
I know the above rambling isn't core to SBW. I hope tomorrow's Ann is positive; don't forget capital can dilute a holding, as the market prices in changes.
Suspension is just a Rule. 48 hours for Trading Halt. It just implies bids are wiped and a few other things. Don't sweat.This was a fascinating insight Donna, so thank you for that. Yes they seem to have got the page number wrong (or went with the PDF page numbering by mistake) and there’s a spelling typo to boot.
I hope the news tomorrow is positive. I hope dilution is minimal and it’s not some awful low price like 10 cents (if they are in fact doing a capital raising).
It’s also possible news isn’t ready and it goes into suspension, which is never a good look.
. It may not be a Cap raise (if it is; & depending on what they need but likely 25-28c range depending on ratio) but may be a keen insto investor in which case, who knows. But likely the former. The price action prior was a bit suss <but in the right direction>1. The trading halt is requested pending a response to an ASX Price and Volume Query and the release of an announcement concerning funding.
Suspension is just a Rule. 48 hours for Trading Halt. It just implies bids are wiped and a few other things. Don't sweat.
The actual 3:15 Announcement reads . It may not be a Cap raise (if it is; & depending on what they need but likely 25-28c range depending on ratio) but may be a keen insto investor in which case, who knows. But likely the former. The price action prior was a bit suss <but in the right direction>
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