Wise investments in times of market uncertainty

Market volatility is the phrase of our times. Geopolitical tensions, global economic slowdown and calls for new social orders have been shaking up markets all around the world. Global currencies, currently driven down by complex international affairs, are the main factor affecting market dynamics. In the UK, questions around Brexit and turbulent domestic politics have been the primary movers of sterling in recent months. A combination of all these factors is likely to keep markets volatile for the foreseeable future.

Uncertainty is constantly plaguing the investment world, with market downturns occurring frequently. However, it is important to remember that market setbacks are typically followed by recoveries and, when managed wisely, can represent opportunities rather than pitfalls. Investors who position themselves to take advantage of these movements can even benefit from uncertainty and volatility.

Investment trading can seem like a daunting task at times like this. In the latest episode of Cassiopeia Tv Channel FinancialFox, IR specialist Stefania Barbaglio interviews Angelos Damaskos, CEO and Investment Adviser at London-based Sector Investment Managers Limited, to talk about how best to navigate the waves of uncertain markets and the best investment options in the current situation.

Angelos is indeed very familiar with the investment world. Before setting up Sector Investment Managers Ltd, Angelos had 14 years’ investment banking experience with major banks in London, concentrating on natural resources. For 10 years, he was responsible for structuring the European Bank for Reconstruction and Development’s equity and debt investments in commodities, oil transport, food processing and retail projects in Russia, Ukraine and the Balkans. He also managed a portfolio of EBRD assets in the Balkans, Russia, Ukraine and Central Asia, including corporate restructuring and debt recovery.

The Oil & Gas market is transforming

The energy market is being re-shaped by pushes for renewable energy and concerns about climate change. Alternative energy sources have gained prominence in the market, while more traditional methods are losing their share.

It is undeniable that the oil market has suffered a downturn over the years as the economy moves away from fossil fuels, with the boom in US shale production in 2014 pushing prices down and leading to a difficult recovery. While Angelos believes that there are attractive oil and gas opportunities still to be explored in Latin America, West Africa, and Oceania, he says the global outlook for the oil market remains uncertain.

While the future may seem dubious for oil prospects, gas is increasingly gaining the spotlight in the UK’s energy mix. Because of its properties, gas is a more appealing source. There are some interesting UK companies focusing on gas operations and serving the domestic energy demand.

From Full Fact, 2018

Precious metals are the best investment

In terms of opportunities in volatile markets, Angelos is confident that precious metals are the soundest options. Exposure to precious metals is important to safeguard your investment in times of slower economic growth, especially in China and other emerging markets.

Angelos is positive about prospects for gold: “I have been a long-time bull for the gold price.” The main catalyst for gold price rises is geopolitics, says Angelos, as gold is seen as an important alternative investment to equities and a safe haven asset.

The role of gold in the current turbulent scenario should not under-estimated. Analysis of gold performance shows that it holds major importance at times of global currency unpredictability, often the direct result of political battles and fragile macroeconomic climates. Last week, gold prices performed well, amid European recession risks arising from US tariffs imposed on the EU and more tensions in the ongoing US-China Trade war. Gold is likely to remain with further gains in this scenario.

Bloomberg chart showing gold-backed ETF growth

Angelos is also bullish on other precious metals, especially silver, which follows the uptrend of gold and goes even higher, showing more upside potential: “When gold is on the uptrends, silver trends to outperform it.” Orchid Research is expecting a ‘strong’ rebound for silver in October, according to Kitco News.

Of the base metals, which are crucial elements in the supply chain for technology products and gadgets, Angelos says copper is the most important, and one to watch. Copper is versatile and has many applications across various industries, although the slowdown in the Chinese economy could bring a negative effect to its market.

His valuable advice for investors: “A very sensible, well diversified portfolio should have strong allocation to safe haven assets, particularly gold and silver. It should also have some exposure to senior miners, with solid operations with long-standing records of production, as well as exposure to junior companies that are growing in the industry, because these are the companies that control the assets that will be the future supply of the commodity market.”

Cassiopeia Services does not offer investment advice. It is very important to obtain professional advice when seeking investment opportunities. Each individual circumstance requires a specific plan that suits the investor’s needs and profile.

CASSIOPEIA INVESTOR SYMPOSIUM: AUTUMN EDITION — NATURAL RESOURCES

Angelos Damaskos will also be attending and giving a short speech about opportunities in the mining sector at our upcoming investor symposium in central London.

Registrations are free and open via Eventbrite: https://www.eventbrite.co.uk/e/cassiopeia-investor-symposium-tickets-73161204131

Cassiopeia Investor Symposium Summer 2019

Cassiopeia Services is pleased to announce the next edition of our Investor Symposia, which will be held at the prestigious Mayfair Hotel, Central London on June 27th 2019 at 6.30pm. Selected companies that should be on every investors watch-list will present their ‘Investment Case’.

Whether you’re a shareholder, investor, investment or industry professional, our symposia are the place for you. Explore new investment opportunities, meet company Directors while taking a proactive approach towards your investments by getting directly involved sourcing information. We facilitate connections and ongoing dialogue between companies, shareholders and market opinion leaders.

Information is of course key to investment and trading.

The Cassiopeia Symposia series consists exclusive events for selected companies and investors to network in an informal and friendly atmosphere in the comfortable surroundings of the Mayfair Hotel.

All investors are welcome to attend the presentations in a relaxed environment where they can meet the company management teams and ask them questions face to face while networking with other existing shareholders and investors to discuss company strategy, plans, developments and value.

Opinion leaders and financial media representatives, market influencers and well-known City traders regularly attend our events.

Companies presenting

Union Jack Oil (UJO): One of the hottest stocks on the London AIM market is small-cap Union Jack Oil (LON:UJO), which should be on any oil & gas investor’s watch list. The company has recently released its encouraging 2018 annual results, which showed increases in the proven reserves, revenue up by 250%, currently standing with a cash balance in excess of £2.5million with high-impact interests in projects in onshore UK. These results have indeed set tongues wagging among investors, sending share prices up.

UJO’s status could soon be magnified by the upcoming results of the appraisal drilling at West Newton, which is considered one of the highest impact onshore projects in the UK. The well has over 70% probability of gas and oil outcome: success here could lead to the delivery of a major onshore gas development, with which the value of the company’s investment would effectively transform Union Jack’s future.

UJO team will be attending the symposium with. Chairman David Bramhill presenting the investment opportunity.

Zenith Energy (ZEN): Zenith Energy (ZEN) is an international oil & gas production company operating the largest onshore oilfield in Azerbaijan, as well as in nine natural gas assets in Italy. Listed on both the Canadian and London Standard Market, Zenith’s strategy is to acquire and develop assets with untapped reserves and existing production. By the end of 2019, Zenith plans on spudding a new well (ZEN-01) and is on production target: 3,000 barrels per day by the close of 2020 to be achieved.

ZEN team will be attending the symposium with CEO Andrea Cattaneo presenting the progress to-date and future upside.

Now is the time to research and invest in oil companies as analysts forecast a new oil price boom on the horizon. Start your research now!

More companies to be announced soon.

Don’t miss this unique chance to talk to the directors of the most-watched companies on the market.

The lucky investor

We like to look after our investors not only during the event but also by offering them the opportunity to participate in our prize draw. Investors attending the Cassiopeia Symposium could win a voucher for a delicious meal-for -two for one of the Mayfair exclusive restaurants.

Registrations via EventBrite on this link.

See you there!

Cassiopeia Investor Symposium Summer 2019

Cassiopeia Services is pleased to announce the next edition of our Investor Symposia, which will be held at the prestigious Mayfair Hotel, Central London on June 27th 2019 at 6.30pm. Selected companies that should be on every investors watch-list will present their ‘Investment Case’.

Whether you’re a shareholder, investor, investment or industry professional, our symposia are the place for you. Explore new investment opportunities, meet company Directors while taking a proactive approach towards your investments by getting directly involved sourcing information. We facilitate connections and ongoing dialogue between companies, shareholders and market opinion leaders.

Information is of course key to investment and trading.

The Cassiopeia Symposia series consists exclusive events for selected companies and investors to network in an informal and friendly atmosphere in the comfortable surroundings of the Mayfair Hotel.

All investors are welcome to attend the presentations in a relaxed environment where they can meet the company management teams and ask them questions face to face while networking with other existing shareholders and investors to discuss company strategy, plans, developments and value.

Opinion leaders and financial media representatives, market influencers and well-known City traders regularly attend our events.

Companies presenting

Union Jack Oil (UJO): One of the hottest stocks on the London AIM market is small-cap Union Jack Oil (LON:UJO), which should be on any oil & gas investor’s watch list. The company has recently released its encouraging 2018 annual results, which showed increases in the proven reserves, revenue up by 250%, currently standing with a cash balance in excess of £2.5million with high-impact interests in projects in onshore UK. These results have indeed set tongues wagging among investors, sending share prices up.

UJO’s status could soon be magnified by the upcoming results of the appraisal drilling at West Newton, which is considered one of the highest impact onshore projects in the UK. The well has over 70% probability of gas and oil outcome: success here could lead to the delivery of a major onshore gas development, with which the value of the company’s investment would effectively transform Union Jack’s future.

UJO team will be attending the symposium with. Chairman David Bramhill presenting the investment opportunity.

Zenith Energy (ZEN): Zenith Energy (ZEN) is an international oil & gas production company operating the largest onshore oilfield in Azerbaijan, as well as in nine natural gas assets in Italy. Listed on both the Canadian and London Standard Market, Zenith’s strategy is to acquire and develop assets with untapped reserves and existing production. By the end of 2019, Zenith plans on spudding a new well (ZEN-01) and is on production target: 3,000 barrels per day by the close of 2020 to be achieved.

ZEN team will be attending the symposium with CEO Andrea Cattaneo presenting the progress to-date and future upside.

Now is the time to research and invest in oil companies as analysts forecast a new oil price boom on the horizon. Start your research now!

More companies to be announced soon.

Don’t miss this unique chance to talk to the directors of the most-watched companies on the market.

The lucky investor

We like to look after our investors not only during the event but also by offering them the opportunity to participate in our prize draw. Investors attending the Cassiopeia Symposium could win a voucher for a delicious meal-for -two for one of the Mayfair exclusive restaurants.

Registrations via EventBrite on this link.

See you there!

Union Jack Oil eagerly awaits promising results from West Newton appraisal

The AIM-listed, small cap company Union Jack Oil (LON:UJO) released its 2018 financial results earlier this week, cheering up shareholders and showcasing promising prospects. In an exclusive interview with oil & gas PR guru Stefania Barbaglio, Union Jack Executive Chairman David Bramhill comments on UJO’s journey and its strategy to build a successful, sustainable, UK-focused onshore hydrocarbon production and development business.

He talked about UJO’s key projects and how they could dramatically change the future of the Company.

With the release of its results, Union Jack has established itself as one of the AIM-listed rising stars in the oil & gas sector. Beyond increasing the proven hydrocarbon reserves and prospective resources of its projects, UJO’s revenue has increased by 250%, standing currently with a cash balance in excess of £2.5million.

David is a very down-to-earth leader. Union Jack has a conservative, safe tried-and-tested approach to its strategy. In terms of financial results and funding for operations, David says: “We are prepared for new prospects.”

The Company is fully funded, debt-free and undertaking an exciting drilling campaign at West Newton 2 appraisal well in the licence PEDL183. PEDL183 is located onshore in the UK, and contains the West Newton A-1 gas discovery, operated by Rathlin Energy, where, according to a 2017 Deloitte CPR, there is in excess of 189 bcfe of 2C Contingent Resources within the Kirkham Abbey Shoal Gas formation, with considerable further potential prospective resource upside for oil within the deeper Cadeby Reef formation.

UJO’s encouraging results could eventually be magnified by the upcoming results of West Newton basin, one of the UK’s highest impact onshore projects. The well has more than a 70% probability of gas and oil outcome: success here could lead to the delivery of a major onshore gas development of which the value of the investment would be Company-changing and effectively transform Union Jack’s future.

“West Newton is a vast and recent discovery. Any results even smaller than the original projections can still be life-changing for Union Jack Oil and the shareholders. 189 bcf is a massive amount of gas,” highlights David Bramhill.

In addition to the West Newton well, UJO owns two other onshore assets in the UK: Wressle Discovery and Biscathorpe wells.

Operations on Wressle are on hold until the hearing for the company to obtain planning permission, which is set to take place later in the year. Commercial production at Wressle could transform UJO into a material cash-generating oil production company and provide net cash flows of circa US$3.5 million per annum in the current oil price environment.

Biscathorpe remains suspended for a potential future side-track once the Joint Venture Partners have received new sub-surface model integrating re-processed 3D seismic data.

Despite the disappointment on the first drilling attempt, Biscathorpe, in the opinion of Union Jack`s management, remains one of the UK’s largest onshore un-appraised conventional hydrocarbon prospects.

Commenting on Biscathorpe, David Bramhill comments: “Over a century ago, Henry Ward Beecher, the American social reformer and speaker quoted ‘One`s best success comes after one’s greatest disappointments’. Biscathorpe’s structure is more complicated than what we expected and this is the risk inherent with oil & gas operations.”

Now is the time to invest in oil companies:

Even though there has been a significant push towards clean energy to reduce carbon emissions, and sales of electric cars are increasing all over the world, giving the impression that fossil fuels are no longer a profitable market, market analysts believe that oil companies are a good bet for investors: they say it is too early to run away from oil and gas companies.

Oil analysts are confident that we may be close to another oil boom over the coming years. “Investors would be wiser to purchase oil assets at a discount in anticipation of a medium-term price boom,” said Bob McNally, president of consulting firm Rapidan Energy Group and a former energy advisor to President George W. Bush and to CNN Business.

While sales of electric cars are growing, electric vehicles still represent a small portion of total car sales; the majority of vehicles still run on fossil fuels. It is also important to note that fuel is not the only use for oil. Indeed, demand is up for petrochemicals used to create plastics, and the International Energy Agency estimates that petrochemicals will account for the biggest source of oil demand growth through to 2030.

As a result, because of underinvestment in those projects, oil supply may decrease, causing prices to go up and driving up oil stocks along the way.

“Energy investments now face unprecedented uncertainties, with shifts in markets, policies and technologies,” IEA Executive Director Fatih Birol said in a statement. “But the bottom line is that the world is not investing enough in traditional elements of supply to maintain today’s consumption patterns, nor is it investing enough in cleaner energy technologies to change course. Whichever way you look, we are storing up risks for the future.”

The tide seems to be changing, though: after three years of decline, investment in oil, gas and coal supplies went back up in 2018, signalling an interesting market move back towards fossil fuels.

Union Jack’s Chairman leaves his message to potential investors and those looking into Union Jack: “Investing is always risk. But if people choose to invest in Union Jack, they would be investing in quality projects. They would also be dealing with a very transparent company. We have a great technical team; I am very proud of my team.”

References:

Annual Report Year End 31 December 2018

UJO Investor Presentation

Come and talk to UJO chairman David Bramhill in person at an exclusive investor presentation. Union Jack Oil will be presenting at the next Cassiopeia Investor Symposium on June 27th in Central London. For more information, please email info@cassiopeia-ltd.com.

Union Jack Oil eagerly awaits promising results from West Newton appraisal

The AIM-listed, small cap company Union Jack Oil (LON:UJO) released its 2018 financial results earlier this week, cheering up shareholders and showcasing promising prospects. In an exclusive interview with oil & gas PR guru Stefania Barbaglio, Union Jack Executive Chairman David Bramhill comments on UJO’s journey and its strategy to build a successful, sustainable, UK-focused onshore hydrocarbon production and development business.

He talked about UJO’s key projects and how they could dramatically change the future of the Company.

With the release of its results, Union Jack has established itself as one of the AIM-listed rising stars in the oil & gas sector. Beyond increasing the proven hydrocarbon reserves and prospective resources of its projects, UJO’s revenue has increased by 250%, standing currently with a cash balance in excess of £2.5million.

David is a very down-to-earth leader. Union Jack has a conservative, safe tried-and-tested approach to its strategy. In terms of financial results and funding for operations, David says: “We are prepared for new prospects.”

The Company is fully funded, debt-free and undertaking an exciting drilling campaign at West Newton 2 appraisal well in the licence PEDL183. PEDL183 is located onshore in the UK, and contains the West Newton A-1 gas discovery, operated by Rathlin Energy, where, according to a 2017 Deloitte CPR, there is in excess of 189 bcfe of 2C Contingent Resources within the Kirkham Abbey Shoal Gas formation, with considerable further potential prospective resource upside for oil within the deeper Cadeby Reef formation.

UJO’s encouraging results could eventually be magnified by the upcoming results of West Newton basin, one of the UK’s highest impact onshore projects. The well has more than a 70% probability of gas and oil outcome: success here could lead to the delivery of a major onshore gas development of which the value of the investment would be Company-changing and effectively transform Union Jack’s future.

“West Newton is a vast and recent discovery. Any results even smaller than the original projections can still be life-changing for Union Jack Oil and the shareholders. 189 bcf is a massive amount of gas,” highlights David Bramhill.

In addition to the West Newton well, UJO owns two other onshore assets in the UK: Wressle Discovery and Biscathorpe wells.

Operations on Wressle are on hold until the hearing for the company to obtain planning permission, which is set to take place later in the year. Commercial production at Wressle could transform UJO into a material cash-generating oil production company and provide net cash flows of circa US$3.5 million per annum in the current oil price environment.

Biscathorpe remains suspended for a potential future side-track once the Joint Venture Partners have received new sub-surface model integrating re-processed 3D seismic data.

Despite the disappointment on the first drilling attempt, Biscathorpe, in the opinion of Union Jack`s management, remains one of the UK’s largest onshore un-appraised conventional hydrocarbon prospects.

Commenting on Biscathorpe, David Bramhill comments: “Over a century ago, Henry Ward Beecher, the American social reformer and speaker quoted ‘One`s best success comes after one’s greatest disappointments’. Biscathorpe’s structure is more complicated than what we expected and this is the risk inherent with oil & gas operations.”

Now is the time to invest in oil companies:

Even though there has been a significant push towards clean energy to reduce carbon emissions, and sales of electric cars are increasing all over the world, giving the impression that fossil fuels are no longer a profitable market, market analysts believe that oil companies are a good bet for investors: they say it is too early to run away from oil and gas companies.

Oil analysts are confident that we may be close to another oil boom over the coming years. “Investors would be wiser to purchase oil assets at a discount in anticipation of a medium-term price boom,” said Bob McNally, president of consulting firm Rapidan Energy Group and a former energy advisor to President George W. Bush and to CNN Business.

While sales of electric cars are growing, electric vehicles still represent a small portion of total car sales; the majority of vehicles still run on fossil fuels. It is also important to note that fuel is not the only use for oil. Indeed, demand is up for petrochemicals used to create plastics, and the International Energy Agency estimates that petrochemicals will account for the biggest source of oil demand growth through to 2030.

As a result, because of underinvestment in those projects, oil supply may decrease, causing prices to go up and driving up oil stocks along the way.

“Energy investments now face unprecedented uncertainties, with shifts in markets, policies and technologies,” IEA Executive Director Fatih Birol said in a statement. “But the bottom line is that the world is not investing enough in traditional elements of supply to maintain today’s consumption patterns, nor is it investing enough in cleaner energy technologies to change course. Whichever way you look, we are storing up risks for the future.”

The tide seems to be changing, though: after three years of decline, investment in oil, gas and coal supplies went back up in 2018, signalling an interesting market move back towards fossil fuels.

Union Jack’s Chairman leaves his message to potential investors and those looking into Union Jack: “Investing is always risk. But if people choose to invest in Union Jack, they would be investing in quality projects. They would also be dealing with a very transparent company. We have a great technical team; I am very proud of my team.”

References:

Annual Report Year End 31 December 2018

UJO Investor Presentation

Come and talk to UJO chairman David Bramhill in person at an exclusive investor presentation. Union Jack Oil will be presenting at the next Cassiopeia Investor Symposium on June 27th in Central London. For more information, please email info@cassiopeia-ltd.com.

FinancialFox Mining: Ready for the next big uranium bull run

In this episode of Financial Fox, Stefania Barbaglio (Steffy) talks to Brandon Munro, a well-known international uranium market expert and CEO of Banneman resources, an Australian Listed uranium company operating the largest uranium deposit in Africa.

Uranium is one of the hottest tipped commodities in mining in recent times, due to the push for cleaner nuclear energy and lowering supply. Prices in uranium look promising in the medium to long term as more nuclear reactors start activities around the world and utilities demand more uranium.

"If an investor is looking for returns in less than 3 months, than it is better to be patient and wait. But if investor is looking for longer than 3 months returns I'd say start doing your research now," advised Brandon for those looking into the uranium space.

Uranium demand could double by 2040, believes Brandon. Although prices are still holding back, it is generally agreed that it holds strong potential to shake up the commodity market in the near future with a rapid upturn that can bring substantial returns for investors who bought at the bottom of the market.

Uranium should be on the watch-list of any investor.

FinancialFox Mining: Ready for the next big uranium bull run

In this episode of Financial Fox, Stefania Barbaglio (Steffy) talks to Brandon Munro, a well-known international uranium market expert and CEO of Banneman resources, an Australian Listed uranium company operating the largest uranium deposit in Africa.

Uranium is one of the hottest tipped commodities in mining in recent times, due to the push for cleaner nuclear energy and lowering supply. Prices in uranium look promising in the medium to long term as more nuclear reactors start activities around the world and utilities demand more uranium.

"If an investor is looking for returns in less than 3 months, than it is better to be patient and wait. But if investor is looking for longer than 3 months returns I'd say start doing your research now," advised Brandon for those looking into the uranium space.

Uranium demand could double by 2040, believes Brandon. Although prices are still holding back, it is generally agreed that it holds strong potential to shake up the commodity market in the near future with a rapid upturn that can bring substantial returns for investors who bought at the bottom of the market.

Uranium should be on the watch-list of any investor.

Golden Saint Technologies launches new partnership at leading ICT Conference in Southeast Asia

Golden Saint Technologies (GST), the London-listed integrated information and communication technology infrastructure solutions provider, has announced partnership with P2 Mobile Technologies to provide Wireless Mesh, a fast and advanced set of ICT tools addressing the growing needs of the Smart City market.

Smart Cities are designed to address and reduce structural inefficiencies, as well as to prepare urban areas for future growth and the coming generations. The aim of hyperconnected, smart cities is to deploy technologies to make optimal use of resources, increase social inclusion and create a better environment.The engineering behind the structure of smart cities combines multiple digital tools such as location sensing, cloud computing and mobile connectivity.

The global ICT market has grown consistently over the last decade. By next year, forecasts show that the global ICT market, including TV and video services, will be worth a total of more than 4.4 trillion euros.The Asia-Pacific region, where the GST hub is located, tops the tables on smart city strategies, making up 42 percent of global investments in smart city technology initiatives.

Research by McKinsey estimates that smart-mobility applications could create up to $70 billion in value, while forecasts suggest that by 2023 the smart cities market will be a US$7.6 billion Telco opportunity for mobile service providers (MSP) and network vendors.

The company announced the new product at the 2018 BICSI Southeast Asia conference in Singapore, with focus on ‘Smart Innovations: Infrastructure to Empower Future Technologies’.

BICSI influences the vision of advancing the global information and communications technology (ICT) industry by connecting ICT professionals with the solutions that inspire revolutionary ICT advancements.

The conference gathered prominent firms within the ICT space and provided a valuable avenue for networking and partnership opportunities: “Through BICSI and other associations, we have good contacts with local ICT installers and system integrators throughout the region,” commented Garies Chong, CEO of GST and BICSI Southeast Asia District Chair.

“This means it is straightforward for GST to reach out to active local partners in the Southeast Asia territories, and to quickly identify and execute on local Wireless Mesh sales opportunities.”

GST is strategically positioned in the ICT (Information and Communication Technology) market and designed to take its place in this sphere. Although the company operates worldwide, its hub is in Asia, where the ICT industry is brewing and expanding at a fast pace, fuelling multiple opportunities for GST.

How tech can help unleash our full trading potential

NeuroTrader harnesses biodata to monitor and optimise real-time trading performance.

Trading activity, generally assumed to be based on cool logic and analysis to balance out itsinherent risk, is often significantly impacted by the individual trader’s state of mind. Stress, excitement and overstimulation are among the many variables which can lead to risky trading decisions and potential losses. The forces affecting trading decisions are multifactorial. Very often, financial losses can be attributed to poor decision making brought about by fear, trepidation and anxiety, each of which demonstrates specific biological patterns. Financial gains, on the other hand, tend to result from clarity and optimism, which also have their own biological patterns, better known as “biomarkers”. When traders get too emotionally involved, they are more apt to take greater risks, very possibly leading to less favourable returns.

Is there a reliable solution to safeguard human trading performance which does not involve resorting to algorithms or robots?

NeuroTrader is a suite of software applications which can enhance traders’ decision-making effectiveness with wearable technology. Based on the concept of trading as a peak performance sport, NeuroTrader is creating a science around optimal decision making for traders globally. Monitoring the traders and their biodata in real-time, the system provides an opportunity to mitigate risk, optimise performance and create stable and consistent rates of return based on the traders’ biological responses to price and market sentiment.

NeuroTrader is the system to help investors and traders make better choices based on clinical analysis and objectivity. By analysing biodata collected via wearable technology, NeuroTrader can discern a variety of human performance states and therefore inform trading decisions based upon the trader‘s biological state, providing an advanced risk-management tool for every trade.

Cassiopeia: Tell us a bit about how the idea was conceived: why and how did you start NeuroTrader?

NeuroTrader: The inception of the idea dates back to university in 2002. Specialising in finance, I was taking “Investment analysis and portfolio management”. Working on an assignment to develop a portfolio of shares and track it’s performance, I deviated from the guidelines and developed a software application that correlated a portfolio of 19 futures contracts which produced an annualised return of 88% and a win-to-loss ratio of 50%. The interesting thing about the software was that, in addition to collecting price and buy/sell data, I was recording my subjective experience of the market, in effect, I was tracking my decision-making process through qualitative analysis.

Though the financial performance results were very good, I needed to understand why I got 50% of the trades wrong. In 2007, I created another software program that started to experiment with the use of qualitative analysis as a primary decision-making metric in the investing and trading process. The problem I found was that qualitative analysis is subjective and changes with our moods and experiences, as perception is a constantly shifting state of environmental appraisal, therefore the system could not be standardised across multiple users/traders.

In 2009, I recognized that the qualitative psychological reasons for making an investment or trade could be quantified as a biological response using biofeedback technology. In 2014, I moved to California to learn about neurofeedback and biofeedback. In 2016, we moved to Montreal to gain a better understanding of wearable technology, and it was then that we released our first alpha version of NeuroTrader at the Canadian Annual Derivatives Conference organised by the TMX group and the Montreal Derivatives Exchange.

So, in short, the primary reason for developing NeuroTrader is to limit losses and optimise gains by incorporating the psychological and biological aspects of our decision-making process. In the retail trader market, only 5% of traders make a profit at the end of the year! As the estimated number of retail traders in the world is 50 million, that means that 47.5 million people need a solution to their pain point: losing money.

Cassiopeia: Can you explain how your wearable technology and devices work and how data is transferred and analysed?

NeuroTrader: The device wraps around your finger; it measures your heart rate, peripheral temperature and skin conductivity. Via Bluetooth connectivity, it sends the biodata to the PC/laptop where the desktop application then sends the biodata to the server to be integrated with price. It is at this point of server-side integration that our behavioural models begin the process of assessment, in effect seeking opportune entry signals.

Cassiopeia: The AI that you have implemented in this product is an unsupervised learning algorithm, since the data can vary from person to person. How would you describe its efficiency?

NeuroTrader: It is still a little early to state empirical performance figures and give mathematical guarantees, hence the initiation our “pilot programme” on the 11th February where we will be monitoring 100 traders globally over a 6-month period. This is going to be a very interesting time as we will be publishing our results on what is the largest behavioural finance experiment to date in the world. I believe we will provide a lot of new knowledge about financial market decision-making and demystify many old — perhaps invalid — assumptions. Based on my 10 years of research and testing in the field, I am confident that we will mitigate on average 20% of trading errors.

Cassiopeia: Data privacy and protection is a highly sensitive topic these days, especially with breaches by top companies such as Facebook. With the system that you have created, how do you ensure that your customers’ biometric data stays private and confidential?

NeuroTrader: In addition to the standard data protection tools, we use the same methods as those for medical data where the biodata is not matched to the users’ name but is logged as a number.

Cassiopeia: As you have claimed, there is no other product like yours currently on the market, so you are using an exclusive technology. How do you plan on keeping this idea unique and patented, in case it gets copied?

NeuroTrader: We filed our first patent application in 2016 and are entering into the national phase in February. We are aware that people will follow suit and we can’t do much to stop that. Most importantly, I recently heard a leading innovator say that if people are copying your product, it is not something to be afraid of but rather it is a sign that you are doing something worth copying, something of value. In addition, I come from the mindset that innovation is infinite and as long as we foster constant innovation, we will always be developing exceptional products in the field of optimal decision-making and as a result, maintain a leadership position. Having accepted this fact, we are primarily focused on building a culture that stays ahead of the curve with constant innovation as our response to competition.

Cassiopeia: A lot of wearable technology devices these days offer occasional updates with bug fixes and patches. What updates and other functionality can we expect from NeuroTrader in the near future?

NeuroTrader: The first is the establishment of our online hedge fund. This is another world first as we track and manage our traders remotely allocating capital and managing the fund based upon their biological state. We will use our NeuroTrader hedge fund as our showcase product to demonstrate to our potential institutional clients what we can do for them. The second is eye-tracking technology, which will be incorporated in the second half of next year.

Cassiopeia: It’s a known fact that AI has evolved in leaps and bounds. The question regarding this is, why not simply create a unique, supervised algorithm that makes trading decisions on its own without human intervention? Do you think eliminating the human element could help minimise the potential for error in the system? Why/why not?

NeuroTrader: The industry has already taken the route of eliminating humans from trading. The major retrenchments of human traders over the last few years has been covered in the media: there was an article in The Financial Times last Thursday about more traders being fired, and we all know of the abandonment of trading floors, the most iconic being UBS’s 36,000 sq. ft. trading floor in Stamford Connecticut. The enormous investment into mathematicians to programme trading systems is public knowledge, as is the investment into machine learning to decipher price movement and predict future price points. This is where the industry currently stands. The problem for financial institutions is that they have misunderstood the limitations of machine learning and AI. Within 2 years the major banks will start the “en masse” investment into peak performance technologies such as ours as we make our results public and as we lead the way forward, building a new culture and understanding that human performance is unmatched if it is harnessed and guided correctly. There is a perfect middle-ground where machines assist human performance; this is a paradigm-shift where machines serve people to achieve greater heights, not to make them redundant.

Cassiopeia: Apart from the general conditions of a human trader, the individual concerned may have some relevant medical history. How do you plan to take such factors into account while reading & transmitting the biometrics in real time?

NeuroTrader: Our focus at NeuroTrader is on “proximal development”: we focus on incremental progress in achieving competencies. Regardless of where you are physically or biologically, you can always take a step forward in the desired direction toward peak performance, where peak performance is a personal and subjective experience. We can’t all run as fast as Usain Bolt regardless of how much we train but we all can learn to run faster than we already do. So, in general, we want to see improvements in each individual’s biodata as a response to market price and volatility. Just like going to the gym, everyone at NeuroTrader works at their own pace and is tracked individually toward the goal of peak performance.

Cassiopeia: Trading and stock markets are a huge field in themselves. Up to now, traders have been used to working methodically, but your technology allows the algorithm to make decisions on the user’s behalf by monitoring his/her vital signs. Are there any rules and regulations to keep in mind here? Also, in another hypothetical scenario, if everyone starts using this technology and every decision ends up being optimal, there would, in theory, be no more stock market crashes. Is that feasible in the real world?

NeuroTrader: Firstly, in terms of rules and regulations, our technology is a performance-enhancing technology. Those individuals and institutions that interact with the financial markets still have to observe and comply with their national laws and internal compliance. As for the future of the financial markets, I can state that the markets are inherently efficient by design. We experience price volatility because people interact with the markets emotionally, thereby distorting the intrinsic price of an asset. The illusion is that by creating automated/algorithmic high-frequency trading systems, we circumvent the emotional bias of humans, but this negates the fact that algorithmic trading is designed with the same human fears as those employed when some trades discretionally. Further, algorithms can only mimic what happened in the past, therefore they perpetuate the same volatility of fear and greed.

In the next 5 years, traders will be predominantly trading in a peak performing state with the use of wearable technology simply because of the financial gains available. As more people trade in an optimal state, the markets will become less influenced by fear and greed and become more efficient. The more rational — and most importantly, self-regulated — traders and investors become, the more efficient the market will become, and we will increasingly begin to invest based on seeking value. Value becomes the primary objective and motivator of our decisions; not greed/fear. A less volatile market implies no more crashes as the fear-based traders and investors are the minority and can no longer dictate price movements.

Cassiopeia: Since the system helps people make optimal decisions based on trading in real time, do you think it would be desirable to extend this technology to other areas of human decision making?

NeuroTrader: We have already been asked to leverage our technology for the purpose of “high-stake negotiations” and for the medical industry.

Cassiopeia: Neural networks are an important concept in the field of AI and data mining. Could you please shed some light on the different software applications that you are using and how they correspond to neuroscience?

NeuroTrader: We use and experiment with a vast array of mathematical tools; their correlation to neuroscience is linked to the predominance of mapping results with rewards-based incentives. All our software applications are proprietary. We do not use anything we did not build ourselves. So, when we speak of neural networks, we are talking about cognitive conditioning and the way neuroscience tries to explain the learning process. Utilising this model, which attempts to replicate neurological pathways and clusters, we too are continually evolving our algorithms to develop more effective behavioural pathways that when all is said and done, increase the probability of successful trades and mitigate those trades that have a higher propensity of being loss making.

As technology and AI are further integrated into hedge funds, we see that the human element is a fundamental part of trading. NeuroTrader promises to be one of the first technologies to improve behavioural patterns in trading activity — suitable for both individuals and institutional investors. Hear more about this exciting tool from Ken Medanic, the creator and founder of NeuroTrader.

Don’t miss Neurotrader’s presentation at our Investor Symposium! Register here

Golden Saint Technologies Ltd (GST) preparing for LSE Standard listing as new revenue-generating…

Golden Saint Technologies Ltd (GST) preparing for LSE Standard listing as new revenue-generating business

The new incarnation of Golden Saint is about to be listed on the main London market under the ticker of GST: a global technology investment company leveraging on its integrated Information and Communication Technology (ICT) strategy to offer tech solutions worldwide.

GST is the result of a reverse take-over (RTO) of AIM listed Golden Saint Resources (GSR), incorporating the well-established tech business EMS Wiring, which has been supplying governments and large private organisations with intelligent building solutions for the last 20 years.

Although the diamond licenses in Sierra Leone were believed to have good potential, the costs of progressing the work and bringing production to a substantial revenue proved too high for a small company like GSR. The capital required was high and the work to be done before any results could be seen was substantial. Such a business became unfit for an Aim company, as most investors are looking for progress and news. The future looked hard. GSR struggled to keep investor support amid the challenges involved in mining operations, difficult market conditions, and Ebola hitting the country in 2016.

The Board therefore decided to evaluate alternative opportunities to bring back value to its shareholders.

Golden Saint then left the past behind and focused on putting its revenue-generating strategy into action. The right opportunity soon arose through Singaporean contacts in the technology business.

Renowned private equity executive Tone Goh saw the value in taking over GSR, deciding to bring in a profitable Singaporean business he was involved as advisor, EMS Wiring, to fast-track its expansion. In December 2017, after suspension, After being suspended from December 2017, when the EMS deal was announced, Golden Saint Resources delisted from AIM on 24 April 2018. After a share consolidation of 50 for 1 the company started preparing for a new listing on LSE Standard.

“We saw the opportunity in EMS as a business which has cash flow and profits,” said the then CEO of Golden Saint Pierre Fourie, in an interview with FinancialFox. He highlighted that this change in the business’s direction was aimed at giving investors better returns.

Having completed the various pre-Admission steps, Golden Saint is now ready to proceed with Admission. GST builds on its profitable, Integrated ICT business to develop solutions to meet the needs of the ICT industry. Through EMS Wiring, GST has been supplying governments and large private organisations with intelligent building solutions for the last 20 years. This extensive experience bodes well as the company now places itself within one of the fastest-growing markets with opportunities expanding by the minute.

The global ICT market has grown consistently over the last decade. By next year, forecasts show that the global ICT market, including TV and video services, will be worth a total of more than 4.4 trillion euros. The emergence of other technologies such as artificial intelligence and internet of thigs (IoT) promises to keep widening the path for ventures in the ICT space and calling for more innovative solutions. AI in particular is a versatile technology and offers attractive insights, as McKinsey research estimates AI techniques can create between $3.5T and $5.8T in value annually across 19 industries.

GST’s strategy is to act on the surging opportunities in this space, particularly targeting emerging markets where the demand for ICT infrastructure is rapidly increasing.

The future is Smart Cities:

With the fast-paced developments in ICT driven by widespread IoT gadgets, urban design is about to get a new connotation: smart cities. A smart city is one which uses information and communication technologies to increase operational efficiency, share information with the public and improve both the quality of government services and citizen welfare.

Technology in smart cities is applied to various ends, from gathering geographical data to evaluating energy consumption. Forecasts suggest that by 2023 the smart cities market will be a US$7.6 billion ???Telco??? opportunity for MSPs and network vendors. The aim of hyperconnected, smart cities is to deploy technologies to make optimal use of resources, increase social inclusion and create a better environment.

Golden Saint Technologies is strategically positioned in the ICT (Information and Communication Technology) market and designed to take its place in this space. Although the company operates worldwide, its hub is in Asia, where the ICT industry is brewing and expanding at a fast pace, fuelling multiple opportunities for GST.

GST is at full steam as it has already laid out plans for after the listing: “We are very excited because after our listing we are entering the Indian market on a great opportunity to provide internet infrastructure for one million homes, and we will have good profit from there,” said Chairman Tone Goh, at GST Investor Presentation in London last summer.

CEO Pierre Fourie and Executive Chairman Tone Goh are currently in London to finalise the LSE listing expected for end of October.

Pierre Fourie and Tone Goh at Hill Dickinson office.

Golden Saint has a brand-new website. Visit goldensaint.com.

If you are an investor and would like to know more about the investment opportunity in GST please get in touch with us: info@cassiopeia-ltd.com