Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Catch up...its a done deal. Dyor
What it does
Supply@ME Capital PLC (LON:SYME) is a fintech firm which runs a platform that allows companies to monetise the stock to special purpose vehicles established by Supply@ME allowing, at the same time, companies to keep on consignment the latter stock which can then be sold off to end customers.
The group’s innovative finntech platform puts together funders, through a securitisation scheme. Behind the service, several exponential technologies are managed with the aim of making Supply@ME the best fintech inventory data monitoring system.
Supply@ME has already clinched more than 900mln euros worth of contracts with companies and signed agreements with cross-border financial partners.
How is it doing
In July, the AIM-listed firm said it was in discussions with a large financial institution over an inventory monetisation pilot programme in the UK. The target is to start a pilot programme by the end of 2020 with up to 10 UK client companies.
It is also developing a dual-funding approach to its stock monetising platform.
The SYME platform matches manufacturers and traders that want to monetise part of their stock for cash with funders that invest through the platform into portfolios of inventory assets.
Going forward, the dual-funding approach will comprise an open-funding route and self-funding.
In open-funding, a securitisation note programme for assets on the platform is being managed by StormHarbour Securities with 16 interested investors of which most are asset managers.
On the self-funding side, where funding institutions add their own clients to the portfolio, Supply@Me is in talks with two Italian banks over their use of SYME.
Overall, the number of clients waiting for inventory funding had risen to 97 from 66 at the end of December with a further 272 undergoing SYME’s due diligence processes.
July also saw the appointment of Stuart Nelson as Head of Enterprise Risk Management (ERM).
What the boss says: Alessandro Zamboni, chief executive
"Building a strong internal governance structure, including a robust enterprise risk management function which will help the company to scale in a managed way, is a key part of our business plan."
“Stuart is the ideal candidate to develop our ERM capability and he will play a central role in strengthening our inventory funding offering. I am very pleased to welcome him to the Supply@ME leadership team."
https://www.proactiveinvestors.co.uk/companies/news/918091/supplyme-capital-offers-fintech-platform-that-allows-companies-to-monetise-their-stock-918091.html
Hi apunter2,
.."it’s the orchestra group.. the investment vehicle that hold 1AF2 and ii in a Jv partnership in 1AF2, they own the vehicle that does nothing but holds the shares.."
I think you're wrong.
Orchestra Group is 100% AZ * (* previous caveat), 1AF2 is separate, see the Pledge RNS :
"Supply@Me has been notified by 1AF2 Srl ("1AF2"), which holds 23,91% of SYME shares, that it has transferred as loan security a number of SYME shares to three lending platforms as follows ("Lenders")...."
followed by
"Mr Zamboni's 18.98% shareholding in SYME held through Orchestra Group remains unchanged."
HTH and ATB
DYOR...catch up....newbies
https://www.proactiveinvestors.co.uk/companies/news/929526/proactive-news-headlines-supplyme-capital-finncap-group-power-metal-resources-landore-resources--929526.html
Also, in the AZ interview with Zak Mir, he clarifies that the bank is better described as a partner...
DYOR.....catch up.....
Supply@Me Capital PLC's (LON:SYME) Alessandro Zamboni talks Proactive through their latest announcement to enter into a funding agreement with new 'captive bank'.
Zamboni says the 'opportunity will create a funding machine' for the platform and its shareholders 1AF2 and The AvantGarde Group - which he says 'will have no impact on the balance sheet of Supply@Me.
He goes on to say that the deal, which is worth up to €8bn over five years, is necessary because his firm 'needs funders in order to monetise inventory'.
Read Our Deep Dive Article on SYME
https://www.proactiveinvestors.co.uk/companies/news/929672/supplyme-capital-breaks-down-new-funding--opportunity--agreement-with--captive-bank--929672.html
Hi apunter2,
"Nikiki. Ok , he pays, but not his money."
From the Orchestra Group RNS : ..
"Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity : 100% Alessandro Zamboni.
Mind you, there's AvantGarde 4.0 somewhere in the mix there....
ATB
II are the deep pockets here. The buy large sums as we will see at the end of the day and they sell on spike. They are invisible because they use nominal accounts. Options are worth 0.5 % of kcal at 0.7p. They are just for signalling confidence.
Nikikiki . He pays ok . But not his money ..
it’s the orchestra group.. the investment vehicle that hold 1AF2 and ii in a Jv partnership in 1AF2, they own the vehicle that does nothing but holds the shares
.. the option is now because the price fell below the deal price. Hence why AZ has been on about directors buys ..
ok so who is selling .. again it’s this 1down two to go
Now it’s 2 down one to go . Who has that amount of shares declared already ?
So why not like,last time, just put them in 1AF2
Because it would take the ii well well over the 3% and he would have to declare
Does that make sense to anyone but me lol
it'll have to be from the market, the owner can't just issue themselves a load of new shares
if the call option will be exercised do u know how Orchestra will acquire the 630 Mln shares? from the market or with a new emission?
thanks
0.7p should be the very bottom here, not this manipulated sp
IMHO of course
See the reference in the RNS
and SYME's shareholders, 1AF2 S.r.l. and The AvantGarde Group S.p.A. ("Co-investors"),
Don’t think it is the CEO .. he could of used TAG
The interesting thing is that it’s the Orchestra Group where we know 1AF2 resides lol
Just musing nothing more
But it is the ii hahahah
IMHO
Up we go....well done AZ
I'm seriously confused about this one, guys.
Wouldn't it be more encouraging if he just bought the shares now?
This share just gets better and better and the CEO puts money where his mouth is! Means at least 0.69p by Christmas! I’m expecting a lot higher but then but means he gets them at that price I think...
HUGE CONFIDENCE!!!!!
Supply@Me has been notified by shareholder, Orchestra Group, that it has acquired an option giving it the right to receive 630,000,000 ordinary shares of the Company if the share price is at or above 0.6945 pence per share on 31 December 2020. The option cost is £1.1million.
If that is not confidence, I don't know what is...
WOW !!!
UNREAL
HE KNOWS WHAT IS ABOUT TO HAPPEN
LEGEND
GLA