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Holly 14, I can't believe you are still trying to knock SYME, you have been exposed as a paid deramper, you are on other bb's doing the same, you are obviously not invested, otherwise, you would not deramp so much, you are just a paid deramper, you know when you see adverts, advertising, work from home and earn £XYZ per day, that's you, go away and stop trying to lose innocent people their hard earned cash,. LOOSER
AZ couldn't give a single clear answer for reasons we already know. It's about picking apart what we can from those answers.
Somebody is making a lot of money here spike then dropping like this
I took the challenge !
..". In the last Q and A with AZ, he answered 4 of my questions. I'm more informed than 99.99% of SYME investors..."
Here's a recent example of your 'incisive' questions to AZ :
.."Recent Q and A.
Q : Previously you were interviewed stating you were onboarding 50 companies per month. Do you have the capacity for more and as an example, would you be capable of onboarding 100 clients per month by 2022?
A : One of the key features of SYME is the scalability and flexibility of the platform.
SYME is studying new service models in order to increase its onboarding capabilities..."
This is what's known as a close -ended question, in which you provide a number for him to say yes/no .
It's generally better to ask an open-ended question ('how many...?) that forces him to be specific (or it's apparent that he's not answering the question).
As it is , AZ is allowed to give a generic, non-specific, non-commital , essentially meaningless reply, but some people will remember the 'increase' that YOUR question posited.
With the unintended consequence that your Q is arguably even less 'helpful' than AZ's reply.
HTH and ATB
One more time.
Company X might have £1bn debt with a bank. The bank restructures this debt, but for obvious reasons doesn't want to increase it's risk and exposure by lending more.
Enter SYME and the new wheel. SYME allows this bank to help their client out, without increasing risk or exposure. The key being, it isn't classified as debt.
So the company monetises inventory. Helps with cashflow over the next few years. The bank makes a decent profit on the facilitation, it also has another 3 years of debt repayment. It can continue to keep this business surviving until it is either secure again or enters administration. But the bank, as highlighted, just got another 3 years and 3 years worth of debt repayment alongside 3 years of fees from inventory monetisation, when they thought without this, the company would have entered administration within a year.
To the bank, the lender, the exercise was about getting as muchoney out of the company, their client, as they could. If that means they end up losing £500m instead of £750m, then it's a clear win win for them. Even if it's losing £50m instead of £60m.
AZ has spoken multiple times about how the platform works and what protection the financer has regarding Blockchain. Additionally AZ is exploring another service model as extra protection and revenue stream, insurance.
It's not a case of company X turning around saying oh sorry we are going out of business and the inventory haven't gone.
Many of the businesses that will utilise SYME have and will also come from their lenders and banks. Recommended by them, funded by them. They obviously conduct their own due diligence, as does SYME. There is much lower risk to them, than debt.
Importantly these are the very people who recommend a cash call or debt restructuring and oversee this. They then approach SYME to help with cashflow issues for their client. Many people are overlooking this. It allows SYME to onboard clients that would otherwise be high risk.
Again, let me make this clear, banks, etc, will be bringing a category of clients that are significantly higher risk than the other funding models.
Completely agree with Aim2makemonee, thank you for your informative posts. Most of these idiots will be gone in a few weeks.
People can go through my post history of they are not familiar. Quite the read compared to yours. Never any substance, you'll be gone from here come 2021.
Haven't you called for names????
AIM - why would a company involved in financing release the names of its customers. It would be commercial suicide. The fact you think this should happen proves you haven’t got a scooby.
Do you actually have any experience in the commercial world? I’ve not see any evidence so far.
Anyone can pull figures from an RNS or regurgitate the content in them.
Lol. Who are you exactly pal? Another 'new' account. If you were here longer, you'd know that people on this board, ADVFN, twitter and Telegram all use my figures and calculations as a basis for their own.
Number of clients
Average contract size
I'll have to find the post I made to @Wolf which highlighted the 10 or so things I E been proven right on. From US market in 2020, to average contract size and due diligence fees.
Oh dear oh dear aim2make
Haha you're entertaining if nothing else. I will bow to your superior knowledge on Acradia though
Wolf I’d say your being polite there - just blew any credibility with his ‘I’m more informed’ bs comment.
The problem with this board is too many people just spouting rubbish 90% of the time, makes it so hard to sift through for the genuine posts, wether positive or negative.
Anyone with any intelligence would want to hear from both sides of the spectrum - it’s called research
@Wolf none of your posts have any substance. Always negative spin and as soon as someone likes you to go into more detail, you are silent.
Keep projecting. You've been playing games for some time now. I along with many others who have been here 4-5-6 months are growing tired of this nonesense, so we are starting to speak up, where as in the past we'd simply gloss over the nonesense.
You guys are the reason why AZ won't release company names and these companies don't want their names to be released either. I can picture it now, you'd all go through a securitisation and criticise 90% of the clients, stipulating they are not fit. You aren't involved in the lengthy due diligence process.
Although I'd love AZ to release this info, as it would highlight the diversity of clients. AZ was only recently alluding to talks with Rolls Royce. Same mob were saying why would SYME in the days prior as it's going out of business.
I trust the CEO. He's never cautious when he talks about clients and potential clients, he knows his business, service and platform inside out. Much of these initial trials are about diversity. Seeing how the platform works with businesses in different territories, different sectors, different financial states and size.
You clowns use my figures. In the last Q and A with AZ, he answered 4 of my questions. I'm more informed than 99.99% of SYME investors.
Sit down and shut up.
Aim I do think you need to do some more research in syme as distressed business is currently not there area, I understand what you are saying if perhaps it was before Arcadia was distressed but they have been distressed for 5+ years and haven’t invested much in online or anything really.
Aim - Arcadia have been f ucked for years. On a complete downward trajectory operationally, that’s before you even start looking at their pension deficit.
Plus if you think about the model and take a T-shirt as an example. They expect to sell them at a range of different prices. So what happens when SYME are left with their unsold stock and at what level do they buy it back?
It might help if you learned to engage with people rather than getting all potty mouthed every time someone asks you a question. I take it you’re not like this in your professional life?
@Reg you are ignoring the point. Many companies are going to enter this territory over the next few years. Businesses that with inventory monetisation would avoid entering that downward spiral. This board is full of people I don't care for regarding their opinions as they are negative about everything.
The same mob who say it would be bad business to open a contract with A,B,C are exactly the same mob who also say why would company X,Y,Z open a contract because they are financially sound.
Ignore them may be they did not expect this to move up so quickly now try to get out... next RNS we will be back above 0.60 MMS knows more then ALL of us that is why the RISE happened.
"Rubbish. They do fit the platform and model. Why do people get twisted like this. It would be to monetise modest levels of inventory.
AZ has monetised live stock for Christ sake.
Not interested in the opinions of phonies. Always a negative slim on everything."
Sorry - you're wrong. Syme do not get involved with companies in the state the Arcadia are in - they've made that clear on a number of occasions.
You are ignoring what I am saying. There's a period before the company becomes distressed. My knowledge on this company is superior to yours so I'd shush up.
Arcadia has been on the decline way before coronavirus, it was only a matter of time.