Member Info for amjadfarooq

Gregory Murdox at HSBC, UK Branch Trading Desk labeled SYME an obvious immediate Buy, noting the ME is an emerging market with significant opportunity as private equity firms beat a retreat last year following a range of scandals. It is seen as a fintech-friendly jurisdiction, one especially fitting for SYME’s unique proposition, and HSBC has put a 2021 top of £17.00.

The business model has proven sticky and is drawing a wide range of parties who want to leverage their goods for cash during this extended period of market volatility. This has also attracted Barclay’s Tom Murray who looked at the company last year and has revised upwards a price of £1.90, more than quadrupling its current trading price.

Charles Bingham at Schroder Investment Management has named the AIM-listed fintech his top pick with a Buy rating of £2.10.

The company’s price soared more than 1000% during August to £0.80, but Daniel Weatherington thinks this is small beans compared to what the company has in store for 2021. A 12-month valuation by Standard Chartered research house has SMYE in the £14.00 bracket, indicating the time to move is now.

The fintech, which r

very very strong support sellers are out
big game is now on

soooooooooooooooooooooooooooooooooooooooooooooon

16-Sep-20 13:33:27 11.780 151,836 Buy* 11.50 11.88 17.89k O
16-Sep-20 13:32:41 11.80 174,121 Buy* 11.50 11.88 20.55k O
16-Sep-20 13:32:34 11.80 89,338 Buy* 11.50 11.88 10.54k

very good advise

it will stop at 0.05

then good rns i suppose

08:10:37 0.51 10,000,000 Buy* 0.47 0.49 51.00k O
14-Sep-20 15:32:37 0.50 5,000,000 Buy* 0.47 0.49 25.00k O
14-Sep-20 08:56:05 0.49 15,000,000 Buy* 0.47 0.49 73.50k O
14-Sep-20 13:25:04 0.515 5,192,300 Buy* 0.47 0.49 26.74k O
14-Sep-20 10:12:24 0.49 5,000,000 Buy* 0.47 0.49 24.50k O
14-Sep-20 13:31:38 0.52 5,000,000 Buy* 0.47 0.49 26.00k O
14-Sep-20 09:47:34 0.49 5,000,000 Buy* 0.47 0.49 24.50k O
14-Sep-20 11:21:18 0.49 10,000,000 Buy* 0.47 0.49 49.00k O
14-Sep-20 09:09:54 0.49 5,000,000 Buy* 0.47 0.49 24.50k O
14-Sep-20 12:18:25 0.5022 5,377,528 Buy* 0.47 0.49 27.01k O
14-Sep-20 09:53:32 0.49 15,000,000 Buy* 0.47 0.49 73.50k O
14-Sep-20 16:25:00 0.49666 5,000,000 Buy* 0.47 0.49 24.83k O
14-Sep-20 08:14:28 0.50 25,000,000 Buy* 0.47 0.49 125.00k O
14-Sep-20 09:47:17 0.50 6,483,980 Buy* 0.47 0.49 32.42k O
14-Sep-20 15:33:28 0.50 10,000,000 Buy* 0.47 0.49 50.00k O
14-Sep-20 10:03:27 0.49 5,000,000 Buy* 0.47 0.49 24.50k O
14-Sep-20 15:35:35 0.503 4,854,774 Buy* 0.47 0.49 24.42k O
14-Sep-20 15:19:54 0.50 5,000,000 Buy* 0.47 0.49 25.00k O
14-Sep-20 14:16:57 0.52 4,230,000 Buy* 0.47 0.49 22.00k O
14-Sep-20 08:21:46 0.51 5,000,000 Buy* 0.47 0.49 25.50k O
14-Sep-20 08:10:05 0.52 5,739,188 Buy* 0.47 0.49 29.84k O
14-Sep-20 08:10:03 0.51 5,000,000 Buy* 0.47 0.49 25.50k O
15-Sep-20 17:06:32 0.49 4,500,133 Buy* 0.47 0.49 22.05k O
15-Sep-20 16:05:14 0.481 1,434,740 Buy* 0.47 0.49 6,901 O
15-Sep-20 16:35:11 0.49 3,957,300 Buy* 0.47 0.49 19.39k UT
15-Sep-20 16:29:52

15-Sep-20 16:10:32 0.481 50,000,000 Buy* 0.47 0.49 240.50k

very good update

UK banks sign Fintech Pledge
UK banks sign Fintech Pledge
15 hours ago2181
Some of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms.

Launched by Tech Nation with support from HM Treasury, the Fintech Pledge is designed to boost the sector by helping to establish efficient and transparent commercial partnerships between banks and fintech firms.

Barclays, HSBC, Lloyds, NatWest and Santander have already signed the pledge, the key principles of which require them to provide clear guidance to technology firms on the onboarding process.

to be on cnbc on 30th september is a milestone and sp will never stop rising

kn0wles
Posts: 196
Price: 12.00
No Opinion
RE: James TweeterToday 20:41
Agree with vela but that is a bit of a sore point with me, I tried adding that to my LISA and ISA with AJ bell at 0.04 but for some reason it is not supported? wont get started on ICON that I sold for .01, but the fact I invested in SYME im hoping it will pay off bigger in the future, cant win them all but the few you do can make up for the ones you lost out on.

Sector developments and company hires

SYME securitisation underway
Supply@ME Capital (SYME) reports that it has received offers, subject to contract, from a number of large, global institutional investors for a securitisation note issuance via StormHarbour, in order to monetise more than €300m of inventory (SCI 24 April). The company says it is currently analysing whether to syndicate this first securitisation issuance or work on an exclusive basis with one of these funds.

Through the Supply @ Me platform, companies can create value from their inventories, optimizing their working capital and improving the efficiency of the supply chain. Inventories are released thanks to the use of smart contracts and the use of the Sia blockchain, the group specialized in payment infrastructures controlled by Cdp Equity. Thanks to SiaChain, the platform is able to analyze and monitor prices and quantities of the various stocks. Supply @ Me buys and securitises the inventories of client companies and places the securitization notes with institutional investors. The possession of the inventories remains in the hands of the client company, which, when it sells the goods, reimburses the securitization vehicle with additional inventories. This round lasts for 3 years and only the last transaction will be refunded in cash, while any unsold items will be repurchased by a reseller with whom Supply @ Me has already entered into a prior agreement for the purchase at a set price. The target media company typically has a turnover of around 100 million euros. The current average size for each inventory monetization transaction is about 15 million euros.

The British operator in question is StormHarbour Securities LLP, to which the company entrusted the placement of the abs last April (see the press release here) and which is currently negotiating with 16 institutional investors interested in joining the first tranche of the securitization, which concerns the inventory of 40 companies reported to Supply @ Me by its commercial partners (fintech, banks, professional firms, etc.), in what is defined by the company as an open funding approach. In total, the client companies already originated and awaiting the inventory monetization service amounted to 97 (compared to 66 as at 31 December 2019) and the securitization program will cover the entire Supply @ Me portfolio within 12 months. which at the end of 2019 boasted contracts for 970 million euros.

The operation had been anticipated to BeBeez by the founder of Supply @ Me, Alessandro Zamboni, who had said: "The company originated contracts with client companies for the disposal of stock for a total of over 900 million euros and these are contracts three years, which offer investors of securitization notes a more competitive range of returns compared to financial products existing on the market in the working capital sector ". Zamboni then added: "In the meantime we are signing agreements with institutional investors" and "shortly, in April, we will bring our first issue to the market for a value of more than 250 million euros, which will be placed on the market by a important British operator with whom we have an agreement for a total of one billion euros of emissions distributed in four operations and we will grow with a target of 3.5 billion in 2023 ?.

The fintech Supply @ Me Capital ready to close the first securitization of the total program of 970 million euros