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I meant 2022 Earnings Report, haha.
Just waiting on more info over the next month to make more accurate predictions.
As we all know, SYME is focussing on long term relationships. Businesses will renew contracts as SYME continues to gather more clients. Lenders will too and increase their funding, whilst SYME gathers more of them.
This is the fundamental reason why I think we should expect a high P/E ratio. 2022 Earnings Report will see a spike of the P/E ratio to 50-100 in 2022 in my view.
That should make a fun Christmas @Aim2.
User name goal achieved!
very true explaination 2021 18p easy
Glad you spotted your mistakes and made the corrections WG.
The Epic deal based on contracts could be as big as the latest RNS. They are aiming for 275 contracts by the end of 2021. €10m average equates to €2.75bn monetised by them. We just don't know what their figure is. I'd like an RNS with EPIC stating €2/3/4bn for monetisation in 2021 and not just a contracts aim. As the contract can vary in size quite considerably.
It's important to note that lenders revenue is 4-6%. Lenders will be crazy not to increase their funding over time. Something to look forward to.
Zak Mir was talking up numbers of 10-20 lenders. AZ didn't want to make any comment on that. But it's entirely feasible that by the end of 2021 SYME will have a dozen.
My hunch is on average €2bn of inventory financing capacity in 2021. 10 lenders, that's €20bn inventory monetised in 2021.
SYME's cut, revenue €400m - €600m. Will show up in Jan 2021 earnings report. P/E of 20, puts that at roughly 18p share price.
We can confirm SYME takes their cut, all of it, upfront. Excellent.
Makes calculations much simpler.
There is no doubt this will bounce back later today! Lets hope Rishi has some positive news for the markets shortly to give the UK stocks a much needed boost! An absolute bargain at this price IMHO. I've topped up while I can.
100% Hugh, Its why i did also at such an low price when it was unloved.
I can see large cheeky bids on L2 at last auction. They are literally taking money off the pi's. It's being walked down to fill the biggest orders as that is where the biggest demand is. Because its large money! Weak holders will regret this come next year.
Their CV's alone was why I invested here.
That and the SP being at a ridiculously low level. I could not imagine people with there standing would be associated with a 'failure'. Their knowledge combined = very good chance of success.
Meat on bones? More like balls in pants needed. Sorry ladies.
Its not a scam. Go and look at the board. Anyone with a brain cell can see these three wouldn't touch a scam. AZ has a seriously good track record at TAG. So much so, they gave him this to run.
Dominic White
Chairman
Mr White has invested in public markets and private equity for 25 years. He has acquired and managed more than £3 billion of assets across Europe, and held board position at a number of public companies including KCR Residential, REIT Plc, Eight Capital Partners Plc and Limitless Earth Plc, as well as at international investment institutions such as Security Capital European and Henderson Global Investors. He is a member of the institute of Chartered Financial Analysts.
Susanne Chishti
Non-executive Director
Ms Chishti brings over 20 years of financial expertise, board-level experience focused on organisational governance, and a strong understanding of the small/medium size enterprise market. Her experience draws on 14 years in banking with senior positions at Morgan Stanley, Lloyd’s Banking Group and Deutsche Bank. As CEO of FINTECH Circle she is an award winning entrepreneur and global expert in financial technology, new business models and a bestselling Editor of The FINTECH Book Series published by Wiley.
Enrico Camerinelli
Non-executive Director
Mr Camerinelli keeps abrest of market trends and business practices by taking active part in projects launched by the United Nations Economic Commission for Europe, the World Bank, the Word Trade Board, and the Council of Supply Chain Management Professionals.
He regularly attends major industry events as invited guest speaker, and write on specialized magazines and papers.
Go look at the recent trades for a picture of daylight robbery. All small sells, i bet 90% are stop losses. Down 10% pick up a few. down 14% pick up a few more, down 18% pick them up!!! back up to 14% down.
Who's managed to buy at the lows? Well done if you did.
My small input is either the greatest lie in the history shares OR soon to be the greatest truth in the history of share investing you either believe one or the other...meat on the bones is badly needed until then volatility increases. Some will buy more shares some will bail out ...but hopefully soon its thumbs up or thumbs down
It is a software company. The cost does not grow with revenue. At low revenue it could be 50% or more ,20m revenue may have 10m cost, but 100m revenue may have 20m cost at worst.
Thanks to MM manipulation...could be once in a lifetime chance if this takes off with the expected coming RNSs
Net profit Calamari. From the CEO. Just under 1%
New bank makes it 1.5% of inventory which SYME sees as Net profit.
WG £240M not £120M?
Agree with all that.. Nice post. These are basically the facts people.. Take in this information and make decisions based on it... It's your Money!
That's between €10-15m in net profit per €1bn in inventory.
Inventory cycles
TM17 has a market cap 5x SYME. We will be hitting those profit margins very soon...
My bad! Spotted a mistake.
Its revenue of 3% per €1bn! So €30m per €1bn in inventory
Don't forget the money can cycle.
Hold for gold.
So we know SYME is on a high profit margin of about 50%.
Low costs, Low debt, Clean balance sheet.
We know €8bn is coming.. over the next 4 years. That can cycle within that period also.
We know €1.4bn is coming..
We know EPIC is looking at 50 clients a month and is looking for funding with that.
UK, MOU, USA...
We know SYME take upfront payments
We know by March 2021 SYME should see net profit of at least €20-40m growing to at least €120m on revenue of €100-150m per €1bn in inventory
I am awaiting an email reply about the expected revenue in a typical agreement re turn over of Inventory in 2 or 3 years.
Average is 61 days.
Now lets look at how the market values companies with track records of high margins low debt etc.
HL - Hargreves Lansdown
Margin - 63%
Market Cap - £7.65b
Enterprise Value - £7.21b
Revenue --£550.90m
Net profit - £313m 2021 est £244m
TM17 - Team17
Margin 31%
Market Cap - £946.61m
Enterprise Value - £897.77m
Revenue - £70.18m
Net Profit - £18.9m 2020 est £22.3m
SYME market cap at .5p = £164m
Margin 50%
Revenue - revenue of €100-150m per €1bn in inventory
Net Profit 2021 est €20m -€40m and growing.
TM17 market cap £946.61m
HL market cap £7.65bn
SYME Market cap - £164m
Now you see why experienced investors are on this board.