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Free float is somewhere between 1bn and 1.5bn shares in my view, now. I think we will find out this coming week what the floor is. A full 5 days trading would see II's collecting 500m - 750m shares. That isn't possible given how many people are long term holders. So before the end of this week the share price will go up significantly.
Exactly @WG. Profit March 2022 will be close to current market cap, with the Captive Bank and Epic SIM.
I'm actually stunned there are still shares in play. It must be coming. The day where no shares are available as all the short term Investors and weak hands have left.
Businesses have to plan. They don't like spontaneous risks. Even if s deal is agreed, they a fearful of delays and blockades.
This is a signal to importers and exporters between the UK and EU to increase their stockpiling capabilities.
If this company was more established, news like this would have added billions to the market cap.
This is a bonus to SYME. Many businesses rely on JIT. Inventory will be stockpiled, in both the EU and UK.
AfterPay gets year on year growth of approx 100%. SYME will be looking at 4-5X that.
Sorry, my mistake. 2020 revenue $519m AUS. Current market cap $26bn.
AfterPay it's currently around 200 based on their June 2020 figures.
Soon enough the market cap will be too large for people to try and turn every but of news negative in some way.
What are you referring to? The institutional investors who increased their stakes from like the 7th of September, significantly..?
They weren't the first to post about it.
What data would that be then? I've seen several of these people claim X,Y,Z will happen tomorrow. Then it doesn't. Then they claim the next day. It doesn't. Then the next.
If don't really care for posts from anyone who say X who can't show any evidence of something.
I could say next week a big contract is going to be signed off and we'll get an RNS before the end of the week.
Only fools don't question it.
@WG AZ confirmed this in one of his interviews. That the funding is for all markets, EU, UK, ME and US. Also that multiple lenders can fund a single contract too. Implying some huge contracts are either on the horizon or very likely.
It's just a bunch of people ramping before tomorrow, claiming they are in the know.
I was talking about this week's ago. There are those who are good at researching and those who are good at analysis. I didn't do the research and rarely do. So many act like this X,Y,Z is new. Yet they saw their peers highlighting this stuff weeks or months in the past.
This is why I'm so glad AZ and SYME have been so open with the business and a select few put in the effort. Otherwise I'd have no clue if SYME is a good investment or not.
1000 contracts for example. Just 1000. @ £20m a pop, is £20bn inventory monetised.
AZ is talking about onboarding 50 companies a month. I expect that to be higher in 2021. But at that rate, 600 a year.
Minimum contract size is €5m X 600 contracts = €3bn.
Average of €10m = €6bn.
Average of €15m = €9bn.
Average of €20m = €12bn.
I estimate that with he Captive bank and Epic, SYME can monetise €7bn or do I'm 2021.
Do people think the likes of Rolls Royce are looking to monetise €15m. There will be some mega contracts agreed between now and the end of 2021.
The average contract in 2021 will be significantly higher than €5m/€10m.
Therefore if SYME onboards just 600 companies in 2021, they'll be monetising up to €20bn in my view.
SYME through the captive bank and Epic already has enough lending power to see the company grow significantly in 2021,2022,2023 etc. Yet AZ is talking about more lenders and banks. Seeking them out now. Finalising deals. Zac Mir specualting 10 or so.
It's as though some people are intentionally ignoring all of this. SYME is having an 18 month period that most companies couldn't dream of having in 10 years.
SYME doesn't need millions of clients and hundreds of lenders. Sub 1000 clients and just a handful of lenders and this company becomes huge. All on course for this in the next year.
Show your calculations guys. We have plenty of figures to work off already and business is going well, more news to come. The captive bank alone will monetise €4bn of inventory in 2021 and @ a minimum contract of €5m EPIC would €1.25bn. €10m average €2.5bn.
SYME will continue to have significant year on year growth. At some point the market says it's seen enough. Maybe March 2021, and the P/E ratio skyrockets.
AfterPay, which is also a FinTech, experienced exactly this. It's P/E ratio is something like 173 currently.
SYME is heading for a double digit billion market cap. The question is whether that's 2 and a half years from now, 2 years from now, 18 months from now or even 1 year.
It will spring alright. We just expected it to do so sooner. But alot of news has been delayed a month too.
Q4 2021
Exactly @WG
Growth like this can't continue to be ignored.
I'm actually astounded the share price is so flat.