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@hallowed lol
It's a FinTech. Get lost.
@beegee of which he says can take as little as a month now.
AZ has said their focus is on long term relationships. It's a case of he thinks these clients might want additional contracts in the coming year and then absolutely will renew.
Right now AZ is selecting client companies due to the funds available. That will change soon. As highlighted, Epic SIM are most at their 75 target.
€1.9bn = €19m profit + other fees = approx £20m profit.
P/E ratio of 50 (low FinTech) £1bn share price.
If you look at the chart there's a jump in clients of 10, while gross origination had increased €260m.
This indicates 10 clients with an average contract of €26m.
Surely does it not?
This is a good RNS. Informing long term investors everything that is happening and about to be announced via RNS. He's saying hold and strap in.
@Savvy AZ has the worst poker face. He smiles like a Cheshire cat. When he talks about any new opportunities or things we are waiting for an RNS on he can't contain his smile because he knows how big it all is and just how rapid the uptake is.
Additionally, as has been stated by AZ before, repeatedly brought up by myself and almost no discussion on. New revenue stream, insurance, insurance, insurance.
Inserting specific KPI into the clients contract!!!!!
Finally, AZ says they can monetise inventory, specifically in the UK, within 1 month.
Not only did say that he said if the company had problems with revenue, they can still monetise inventory. They don't need to see (inspect) their revenue problems. As their job is to assess the market and inventory.
This is s big fat told you so to all you guys from the other day. Boom.
Furthermore, AZ talking about in the ME, how the government wants businesses and potentially all new businesses to adapt SYME technology, whether or not they have a contract to monetize inventory. There are a few new revenue streams here, including short term. Due diligence, integration and then renewed use of and access to the technology. SYME also benefits from the data. Expanding beyond just data relating to client companies. A huge additional market here, where the data could be worth tens of billions long term.
I'd imagine countries with sovereign wealth funds, all potentially going this route. China the biggest of all markets when it comes to the state assisting and facilitating businesses.
With the ME for example, we could be looking at a huge liscence deal. Any and all businesses use the technology, paid for by the government or business commerce.
This right here is the short term revenue stream in my view. AZ is on the verge of signing off a liscence agreement in UAE.
Additionally AZ talked about large UK company that wants it's suppliers to adapt the platform. Again, one of the benefits of big client contracts. Very similar to banks bringing their clients to the platform, big businesses will bring their suppliers.
This is huge news. A company is already requesting this. So while the large company might want a contract of £200m, it also helps provide an additional half dozen to dozen £15m contracts with it's suppliers. Particular importance placed on industries that rely on just in time. Very important model (SYME) for BREXIT related importers and exporters.
UK framework is most scalable. Easy transition to US and ME market especially regarding common law. States 2 weeks to adapt framework to new markets.
Common law is practiced in Canada (excluding Quebec), Australia, New Zealand, most of the United Kingdom (England, Wales, and Northern Ireland), South Africa, Ireland, India (excluding Goa),[citation needed] Pakistan, Hong Kong, the United States (on state levels excluding Louisiana), Bangladesh, and many other places.
AZ is indicating where our next markets will be. I've said Oceanic (Australia and New Zealand) for sometime. Canada likely too to be next. Then onto bigger markets. The Sub continent of India and surrounding countries such as Pakistan and Bangladesh.
Hong Kong will be the gateway to the Chinese market too.
Then the rest of the commonwealth.
Guys this is huge news!!!!!
Big additional markets incoming.
@Bash830 at current levels €25bn will be monetised in a single year, by the end of 2023.
At current levels.
P/E ratio for Fintechs is also significantly higher. 50-100 range.
December is going to be one hell of a month.
AZ couldn't give a single clear answer for reasons we already know. It's about picking apart what we can from those answers.
Face palm.
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.
@Gunfish that would require an invite. I don't block these people, because it's interesting to see how they find something new to put a negative spin on. Constantly moving the goalposts.
@Wolf lol
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.