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30M buy gone through looks like a drop to fill that order for II’s!
Somebody's just shelled out for thirty million shares so either they're very confident or very foolish. I think I'll go with confident.....
All this blah blah blah and not one link,not one copy and paste,j. they really want this down today..
not one shred of evidence, EV ffs ....
But I will say it again I am long, I am a buyer... I understand the RNS’s from security of equity to hubs being the bank
I see the chairs £1.5 mill ... I see BS on here..
now they can’t argue with facts, they attack the poster therefore demeaning the post and RNS references..
yet no proof from them, yet I refer to RNS constantly...
I should go back to school .. is that it ? .. i]wish I Layout chat closed ...
Really am gone this time... so attack me on you go as I am walking dogs while you slave
SAYING
A punter , you obviously need to go back to school as it is you who cannot read. There is nothing to hold this company together yet . HEAR AZ and his words . Not what you think he is aying .
Oh 91jonno, you've just been taken in by all the hype and it looks like it is starting to unravel. Surprised its still trading above 0.5p thb
Don't know why anybody would respond to this T******, Sb. He's laughing at you.
91 hype .... hahahahaah oh your not reading anything correctly are you.
You have an opinion based on zero facts...
Done with you too
Gone
Grover don't worry just the male menopause with a bit of frustration thrown in!
91 ..just BS
From RNS
which provides a unique, market leading Inventory Monetisation© service to European manufacturing and trading companies, is pleased to announce that it has entered into a strategic agreement ("Agreement") with a leading European Alternative Investment Firm (the "Financial Partner") and SYME's shareholders, 1AF2 S.r.l. and The AvantGarde Group S.p.A. ("Co-investors"), to acquire a bank in Europe (the "Bank").
Note financial partners .. note entered.. past tense
Again same RNS
The impact of the Agreement on the current business plan of Supply@ME is transformational
Then we have you... sprouting rubbish and the city ffs
It's important that we (all of us) scrutinize each others calculations and projections so that they are more accurate. Too many people are blindly following when they should be doing their own calculations, even if incorrect.
SYME and our CEO are incredibly open. We are getting so much info that we can then do our due diligence. There aren't many companies you can do this with right now.
I'd urge anyone with basic math skills to start making notes and doing calculations. It will benefit you and us all in the long term.
You probably won't ever get an opportunity to learn like this again with a share. Most shares people invest in are because they think it will go up and that's it. SYME is one of the biggest learning curves we will all face.
Hopefully in the next month WG we are going to have a lot more info and figures to pour over.
Ponkey not sure why you have doubts, no other genuine holder's do. Naturally I was excluding the derampers, trolls and pond life who keep trying their best to run this down which I know you're not one here
In my opinion an important information in the previous day RNS is also that there is an agreement to buy a bank in EUROPE..so it's probable we could have a move in operations in order to avoid the brexit disaster..
Thank you @Aim2 for challenging and making us all learn more re SYME and the model. Through discussion we can get to the bottom of things and all have a better understanding. It's so new there is a lot we are all learning. I think its the confusion in areas that is a perfect example of why some are still very cautious and others very optimistic.
I've got to crack on this afternoon. If anyone wants to work the different projections/timeframes/renewals etc. Go for it!
Don't forget the EPIC RNS stated finance and clients.
Then there is self funding.
I've got a fairly big email being prepared for investors@supplyme
Each time RNS have come, I've just done workings for them. I haven't yet put it all together yet. My email will be for clarity on what needs to be put together to do that.
Nice one WG. I am operating under the impression SYME recieve payments at the beginning of each year of the contract and typical contract is 3 years. Significant differences to calculations based on this stuff. 2 year contract paid in installments is 0.75% profit each year. 3 year contract paid in installments is 0.5% each year.
Makes it harder to calculate P/E ratios. Obviously if payment received in full at the beginning of the contract, then P/E ratio will be lower than if paid in installments.
If upfront then obvs profit is
€60m 2021
€22.5m 2022
€22.5m 2023
€15m 2024
But at least we know what revenue and profit is on the cumulative figure. That doesn't change.
Thanks as always WG for keeping this BB full of useful information...you have the patience of a saint!
I honestly feel SYME is due a re-rate to the the 1-2p range. That latest RNS derisked this investment massively and should see this over 1p.
The market I feel is hesitant due to SYME being a whole new asset class therefore lots of info potentially being misunderstood. Also important to remember it's recently had a 1000%+ rise so people will understandably be cautious about being spiked.
It's clear to me that there is no other share around at the moment that has such good scalability and potential profitability. Hold and be rewarded.
DYOR.
GL all holders.
I did voice my concerns last week about forward projections ,prior to funding, and sincerley hope we are not all barking up the wrong tree as rather long here and getting longer by the day but doubts are circling in my head......
@Aim, I will email and get my answers to a few questions I have. From who Ive been talking to, it looks like upfront payment.
A lot were asking for other ways of looking at value so I did those just on the dates and numbers given. I'm being conservative with that.
There will definitely be renewals, probably not 100% but i would expect over 90% in this sort of business. It's a sticky thing to get into.
There will also be self funding which the first of should have news coming this Q.
There will also be growth in other funding areas.
Some of you are now implying €8bn of inventory will be monetised in just 2024. If that were to be the case then everybody's back of fag paper calculations are incorrect and this deal is far far larger than anyone, anywhere is talking about.
Thank you Mick. No rush.
You guys are being very silly. The RNS is very clear with its figures. Stop using numbers that do not exist. €4bn inventory monetized in 2021 will see SYME recieve payment of that ( 3 year term) in 2021,2022 and 2023.
In 2022 a further €1.5bn will be monetised. Payment received in 2022,2023,2024.
In 2023 a further €1.5bn will be monetised. Payment received in 2023,2024,2025.
Final year of inventory monetized. 2024. €1bn. Payment received in 2024,2025,2026.
Total profit on the cumulative figure of €8bn is €120m. Broken down per year:
End of 2021 profit €20m
End of 2022 profit €27.5m
End of 2023 profit €35m
End of 2024 profit €20m
End of 2025 profit €12.5m
End of 2026 profit €5m
Why just €5m in 2026. €1bn inventory @ 1.5% profit is €15m to be received in installments of €5m in 2024,2025 and 2025
All of this based on 3 year contracts.
If these contracts are renewed, they are renewed. But the figures in the RNS are clear. It stipulates the business plan for 2021, 2022, 2023 and 2024.
We can not factor in contracts being renewed because the RNS does not offer any guarantee of this. If you guys want calculations based on 100% renewal then that is easily done.
WG it works on inventory cycles i will come back to you later today as I have a meeting
@Mickluv, "Full values repeating annually"
If you care to explain Im all ears as this is one of the last questions I have i may have missed.
Profit margins, are annual. Profit is calculated per annum.
8bn is not monetized for 6 years and sits there for 6 years. 8bn is monetized for term of contract, contracts falls off, new inventory monetized, and the circle of life continues.
Think you need to do some research before spouting off.
I got you @Aim2
It adds up to £120m either way. This is what I'm saying email investors to clarify payment timing etc.
What I am saying is the profit won't work out like that, as renewals need to be factored into 6 year projections. Its a 3 year term max. There is no way 2026 will see just £5m profit.
My calcs are just return on investment calcs for sp/market cap now, based on just that RNS. It may take 2 years with some, 3 with others, renewals will also happen so Im not predicting anything other than that RNS.