not offended, just surprised by some people's lack of objectivity when taking non-controlling positions in stocks. you are long and you are loosing money and you are poised to loose more money in the short term (my opinion). objectively, I think you are better off adjusting your position(s), or at least listening to counter views, rather than seeking one-sided comfort from others on a public message board.
Do you own analysis and share your results...I am interested in hearing it. I have shared my analysis. More pain on the way.
and by negative comments, you are referring to opposing views to yours or opposed to what you want to hear? You must be one hell of a guy...
Rev = $6.185M
Plant Opex = ($6.6M)
Corp Opex = ($1.7M)
Depr / Stock = ($0.5M)
Net Income = ($2.6M)
$/share = ($0.04)
Without some very good business updates as part of this report since this quarter closed end of July, the fair market value for this stock is legitimately $0.68 / share.
it is what it is...be ready for it.
Other predications (grounded in reality)???
unfortunately, I do not think the world works that way...a strategic will likely only defend SYMX's IP if the strategic is also at risk from the infringement. A business relation would not cut it....maybe if the strategic owned 49% of SYMX, then they have enough to loose by not acting on infringements.
to be clear...I have no idea if SCOK is infringing. I would guess not.
maybe...but at that point SCOK will have a lot more money than SYMX for legal fees. My view = patents are only as valuable as the money you have to defend them. Patents don't protect themselves.
looks like SCOK may be the real deal...news this morning: SinoCoking Projects $10 Million to $15 Million Gross Profit From Syngas Sales in 2015.
They are even separating out the CO2, which I though SYMX had a unique / proprietary system for this.
I'm pretty confused now what the competitive advantage is for SYMX's technology. Low grade coal?? Ok, but they are using all types of coal at ZZ.
I don't agree. These incentive plans are commonly put into place to 're-energize' key executives. Typically this is done at hiring or when the company is struggling. It could be your 'good case', but it could also be the board's final push for RR to get something done...or else.
that's what happens with startups...if the company is not performing, the board will use any and all options to incentivize management to 'please get going'. The options (and stock) are worthless otherwise, so you might as well use them.
anyone's guess...but I am seeing the negative, unfortunately to all of us long time holders.
hmmm-- the fact that the 'venture' financing had options tied to it is not a good thing. That was a deal sweetener for the investors and negative for current shareholders and the company's marketability to the investor community.
- all startups pursue compelling market opportunities
- most startups fail
You should not fall in love with your investments.
bummer1150...if you cannot put the pieces together yourself and get a picture that SYMX is in a bit of trouble, then you have bigger problems then your SYMX investment.
I agree that meoh prices should gradually recover. This doesn't change the earnings performance that will be released in Sept, however.
Also, I'd be careful about your $185/MT cost basis. If you go through SYMX financials, the 'true' cost of production for SYMX from ZZ (and Yima) is much, much higher.
unfortunately, I have to disagree with your tech guy. I think it's pretty clear SYMX got killed this past quarter b/c of meoh prices and pakastan project got delayed and or downsized, etc, etc. Potential beyond Sept earnings to recover might be ok, but I think we're going to get really bad news in Sept.
ok - thx. Both Symx and SCOK scare me now. I hate getting 'trapped' in stocks, especially with a position working against me!
No position in SCOK. I think that's flying on rumors and it has a pretty sketchy past.