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Excellent ET. I’m in.
easy to do, give them a blue badge, to show the less serious investors.......simple......enough is enough
Good call ettrading.
Im going to speak to LSE- suggest charging a £1 to join the BB by credit card.This will require an address / mobile number / details to match, It should stop all the sh*t on here from the likes of the deramp / shorter gambling crew / with fake links etc.
Easy to do as with set up to Premium membership......leave it to me...
Put it this way....
You don’t have a HO operation the size of Heathrow without having something stored inside it!
Mike would relish the next injection of cash to pursue other retailers and have the “Monopoly” of the UK high street
If it’s not him, worth an email to let him know of AZ and team...
Phippso....good point. Mike is selling Newcastle United and will havr 259m quid to back up his expansion program. He lost 150m quid from his major holding in Debenhams. We all know he wants revenge and his main ambition is to secure some of Debenhams stores to turn them into another "Harrods of the High St"
He could be needing much more than what he get from the sale of Newcastle? To fulfil his ambition he intends to do Jv partnerships with 'pop up' shops to occupy the vast areas that Debs takes up. He will need financial backup to furnish all this. Imo. One thing about MA ge tends to expand better in times of crises. Now is when he could pick up some real bargains ..and he relishes criticism and the challenge. (Trumpism?)
Very good point but others in here may disagree5
Could the UK retailer be something do with Mr Mike Ashley...?
Sports Direct
Flannels
House of Fraser
Jack Wills
Game
FCUK
Agent provocateur
Evans Cycles
To name a few....combined they will have lots of inventory
You may think I’m unhelpful, but aren’t these the kind of questions that you should be asking? Unfortunately because you’re not asking them (possibly because you wouldn’t like the answer) then others have to..
Yes, quite correct I am an idiot.
But I think that's the only thing you are calling correctly.
Holly you’ve got a really unhealthy obsession with this stock as a non-investor, every time I come on here your stirring sh*t up with someone, you must get personal gratification from it.....can’t you take up stamp collecting or something?
Mike2...
Sorry, why is it gobblyedgook bs?
Seems logical to me...but I'm no Mr.Spock.
For one thing, Lidl is German....
I think the Client Update RNS was pandering to PIs demanding to know the clients - before you invest in HSBC, do you demand to see the list of business loan customers they have?
My reference to Tesco was tongue-in-cheek - Carrefour have been likened to Tesco due to their size. Anyway, we all know the large UK brand AZ is referring to is Rolls Royce.........
Seemed like a sensible question to me.
i thought it was the suppliers to these big companies that are being monetised not the company themselves.?
Instead of speculating it's more accurate to patiently wait for rns, the wheel are turning very slowly but they are still turning and once syme is in second gear the wheels will be spinning like a Bugatti veyron
Yeah, I’m thick as Pigsh*t me. LOL. But as I explained, I have never been in retail, so perhaps you can explain. I can then collect my weekly wages (only get 2p a post as I’m so thick) and then tuck TW up in bed and shut the door after me for the weekend ;-)
FFS Holly are all these stupid questions just to keep the 50ps coming in LOL
At least sextrader tries to be creative.. but then he/she provably gets 75p per post ;)
Genuine questions guys, honest!!! I’m not from a retail background, so can anyone tell me how retailers who appear to nowadays hold little stock (One run on the stores during COVID and the shelves were empty) would fit into being a customer. I can see how a supplier to retail would fit in, ie Levi’s jeans, holding excess stock for market.
In anticipation of a helpful answer but will get my tin helmet on in anticipation of abuse LOL.
It wouldn’t be smaller supermarkets as they have much less inventory held and its low value high turnover. I’d imagine v unlikely to be the large supermarkets either as they don’t have a cash flow problem and aren’t in need of it but just my view (from someone in retail).
Dont kid yourselves these people that post on BB's who aren't invested/are negative all the time aren't here out of interest.
They're probably a team of Derampers ! - maybe TW cohorts - seen this on many a share - EUA, NCYT - see where they are now !!!
Filter or just ignore like I do........read the RNS's and always DYOR.....never listen to these low life's.
I wonder who the "large UK retail" brand is that SYME is working with? Might it be worth writing to Tesco as well?
Or Asda, Sainsbury, Morrison, Marks and Fingy!
At a guess who is the biggest that under-cuts the .most....LIDL, PEA****, Poundsavers,
And about a dozen others
Micky1 nice post and well explained, thankd
Do you boys and girls get paid for repeating the same BS day after day???
LOL
You should get a job in Boris's cabinet, you'd would fit right in ;)
Why invest in Syme ?
1- Storm Harbour update - Storm Harbour's placing is progressing and expected completion imminently. €300M initially mentioned for 1st tranche but likely to be more based on the wording of the previous RNS.
2- 242 companies initiated from 2 Italian banks (from July 27th RNS - SYME is now developing the Self-Funding model with two leading Italian Banks and is targeting a first Agreement during Q3 2020).
3- Middle East Pilot - expected to be €300M to be monetised for the “pilot”.
4- UK, funding term sheet already done and UK funding partner to be announced - €500M to be monetised for the “pilot”.
5 - US pilot underway - who knows what level this will generate !
6 - EPIC / SIM initiating 50 companies per month.
7 - Global Funding partner with minimum €8Bln guaranteed to Supply@Me. Funder in the process of buying a new challenger captive bank to fund the monetisation of Syme’s on-boarded companies. Obviously the funder makes out of the deal and will fund whatever amount is required as the whole platform is scalable.
8 - certainty to hit the Far East too so this could also be in the pipeline.
The average target size for each inventory monetisation transaction is circa €15m.
€15billion monetised @ 1.2% is £180 million ... times a P/E of say 40 equals 7.2 billion...dividend by 32 billion equals 22p per share minimum.
If only €8 Bln monetised talking at least 10p per share next year.
Extrader - AZ has never hinted at Rolls Royce. They mentioned a UK company of historical significance and people jumped to conclusions as RR were having financial difficulty.
Personally I never thought it would be RR as they didn't fit the profile for SYME.
Hi Gotham,
.."Worst thing about is that its Carrefour supplier not Carrefour themselves. I think Seadork can't read RNS properly..."
I think about 95% of the posters on this BB have said or repeated that SYME is working with Carrefour, in the same way as the Beloved Leader dropped heavy hints about Rolls Royce.....which was also similarly repeated by the echo chamber.
'To err is human...but isn't it divine ? '
ATB