The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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See closing comments :
.."We should also remember that Supply@Me Capital announced last October 2020 that it was working on a partnership with a European bank that can act as an investor in all the securitisations that it will gradually Supply@Me bring to the market (see another article by BeBeez). The transaction involves the acquisition of the bank itself by the controlling shareholders of Supply@Me together with an alternative fund, which last December was known to be the Industry 4.0 fund managed by Quadrivio Group with which the scaleup had begun negotiations, but not yet binding. In the note circulated at the time, the company confirmed that the transaction should close by the first quarter of 2021 (see another article by BeBeez)..."
Reminder that AZ needs to update on status of supervisory authority permission.
We all antispating good results but what conpany can boast good results in past 15 months not many so i am not expecting a good result first time around think we will be at this level or lower for 6 months then we see a change as what is there not to like its why we invested gla
Jenks.... "..... following SYME is like being a Scottish football fan, lots of ups and downs..
Always hopes of glory days ahead."
Same could be said of being an England supporter !!!
Excessive Hope followed by Bitter Disappointment !!!
Especially now that it's Germany next (had to be, didn't it?)
Oh for a repeat of 1st September 2001 .... :-))
GLA & England
Divvyup - think most of the LTH are frustrated - I'm frustrated we are not out of the blocks up and running yet - still 110% confidence and can understand delays especially amidst a global pandemic - I'm more positive now than I ever have been - AZ is building a sustainable business and needs the foundations to stand the test of time - still doesn't stop me feeling frustrated and excited at the same time, the prospect of the 1st IM being announced is what we are all waiting for and will and should silence all the critics !!
Best wishes all LTH
Clumpet.
I'm upbeat about Syme and can see this doing well over the next few years. I’ve been in shares that have taken 5 years + to come around. I’m not influenced by cracking news and were ready to fly comments as I view them as just feel good CEO moments.
My frustration is born from what I believe is the slow pace regarding the agenda laid out to Educate. The board has a wonderful array of talent each one a specialist in his or her own field.
Innovators can’t educate if they never come out in public and teach.
Thanks for letting me get that off my chest.
why would it be frustrating if you are a LTH?
Cheers Hallowed n ParishLantern. I think you’ve out done me.
It is a frustrating time for LTH’S and although I’m down on the SP I’m not down and out.
A little light-hearted banter always helps me keep some perspective.
You guys may well suffer some more Krapp dittos if I’m feeling hooked off.
Loved the poetry Hallowed and Divvy. Here's another but not as good.
Alessandro Zamboni loved Macaroni, he ate it all the time.
He liked it with Espresso or too much Prosecco and he'd completely forget about Syme.
Nice one Divvy!
The plan in the making has impressed,
But yet the Share Price remains quite depressed,
Will Az finally give us our dues?
Or are most invested here without any clue(s),
No "Ready to Fly" hashtags from me,
But the moment of truth must now be!
There once was a chap from Millan
Who was often told off by his Mam
His English not great and always seemed late.
Then delivered a world beating plan.
@Johnski, a bit of humour to relieve the boredom whilst we wait for the ignition switch to be pressed.
Your posts are very much appreciated.
ATB LTH
I wouldn't worry about it johnski.
It was a funny post highlighting the nonsense and lack of saying anything useful of motley fool
regarding "clickbait", I think the definition would be to encourage visitors to click on a link to a particular web page. My only reason for the entry was as entertainment of course, there is no link within the piece, but I will refrain from doing similar again if it offends.
Havoc... "we wouldn't be able to increase TF's revenue 30x, that would take a long long long time if ever" !!
Why Not ?? This is a company, not actually constrained by manufacturing anything, that, by the very nature of the business model, has the potential, with adequate funding and skilled management, to increase it's revenue exponentially.!!!
It has the potential.
Fingers crossed. :-))
GLA
Indeed Parm, it is a ridiculous statement as of course it doesn't translate into '30X revenue'...it was meant as an indication of potential size of market but to tap into it things need to happen to make it profitable for them (like greater take up of digital documents+government guarantees/support).
I like the SYME story but it now needs be reflected in the SP, otherwise the next 6 months will see LTHs 'excited' they can keep averaging down only to reduce their paper losses.
I am not here for that.
.."TradeFlow currently has 30x more business than they have funds for... "
Well, at least they appear to have some funds, aka a 'denominator'.
Using that logic, SYME - with 'Gross originations*' of Euro 2.4 Bn (as at April 1) and currently NO identified/identifiable source of funds for Inventory Monetisation - is clearly in a much better indeed, literally, infinitely better - place !
*[1] "Gross origination" includes all client companies that have signed an NDA, a term sheet, or are in, or have completed, the onboarding process. For clarity, the gross origination also includes commercial opportunities postponed or lost/ not eligible.
Mathematical facts.
All this will change, of course, as and when funders come on line.
Probable fact.
This may be a bit of a long read, but deffo worth it, IMO
hxxps://fs.blog/2016/04/narrative-fallacy/
know!! not now.
exactly Havoc.. that was my point ;)
I now he did.. so you believe that saying that could mean turning a 4m t/o company into a 120m company is reasonable?
And yes of course we all hope in time the potential of the market and exponential growth etc. can mean real increases in revenue for TF and Syme but to take what TJ said and come up with 120m is nonsensical. just imo.
Sorry parm, couldnt see my 1st post. It shows the demand is there, but no we wouldnt be able to increase TFs tevenue 30x, that would take a long long long time if ever
Well the CEO of TF the other day in a wecast did state they currently have 30x more business than they are able to currently finance.
Havoc,
yes I saw it. But to suggest because TJ mentioned the potential business TF has, that they can add £120m in revenue to Syme (assuming TF t/o is indeed 4m) is IMHO a ridiculous ramp!
ATB
Parm - TF was on a webcast the other day and the CEO did specifically state they had 30X more business than they are currently able to finance.
'turn over was 4 million but in the interview the other day this could increase 30x. .'
Sorry but that is a ridiculous statement and just ramping!! IMHO