Member Info for bransonbull

Will take a look during the week but I thought that inventory finance is a subsector within factoring?

When a business factors its inventory, it sells pending purchase orders for a discount to generate cash flow to purchase inventory from its suppliers. This is often done when the business needs working capital immediately to buy the necessary inventory to fulfill the purchase order.

Thanks for the replies..the USP of SYME, if I understood correctly, is therefore the securitisation element? The use of blockchain and online platforms for factoring and inventory finance is already on offer from several providers. The one in Estonia I mentioned is https://inwise.co/

https://inwise.co/

Sorry, I'm a newbie to SYME. What is the SH RNS?

I supported a study on inventory finance, and Key to success is getting funding backing and scalability ahead of rivals to become a market leader quickly.

I'd agree potential huge but concern is the competition. There are many online platforms offering sthng similar to SYME, like in Spain and EStonia ....for example. Investment case would be useful beyond helpful set of progress points sbdy posted.

Moody's talk about additional equity raise.....but haven't IR said explicitly that a RI is not on the table? Can anybody confirm who has spoken to IR? Maybe an institutional placing then? If it's to do something positive like drill more in existing Ghana fields or in Guyana Cretaceous, it could be positive....?

Perhaps a conservative capital structure means several things?

Getting the equity to debt ratio under control ....I.e. Tiny market cap huge debt signals distress and needs remediation
Avoiding new major debt to fund growth, maybe a lot of organic growth by drilling on existing fields in offshore Ghana?
Paying off debt as a priority over growth

Etc.

Good post supercooper. What does a more conservative capital structure mean? It makes me nervous....but I see improving macros too...

200p lol

BG Master Fund PLC short position in ROLLS-ROYCE HOLDINGS PLC down -0.29% to 0.67% #RR

Must be so as it was on Twitter.....Biden 5 million votes ahead, but Trump won (source: Trump). Nonsense, Biden won.

Thanks - a good summary. I'd suggest that SP decline from 35p has mainly been down to PMO read-across and nervousness about potential RI. If they can reassure there are alternatives, then a minor equity raise or none at all , alongside other funding suggestions like bond refinancing could see a major rerate...fingers toes crossed!

thx Slift as always...let's hope it's not like the HUR update, which aged me 10 years LOL. ATB

ladies and gents..i know CMD is coming 25/11,,,,i thought the TU was 12/11 or 13/11? Confused.com

Oil is up 12% on a vaccine in a few days. Will it hold is the question. No vaccine roll out overnight

Thanks Slift. I will probably stay in too. Any results day from any company makes me nervous these days .but going in right direction for tlw.

Slift. Are you staying in for the trading update?

People have a short memory. Winners are declared before every single.vote has been counted in every US election. They still carry on voting after that.

Congratulations JOE bbbbbbbideeeen!!!

Let's hope Biden wins with a landslide. Let's make America great again

Beware. notorious ramper!!!

The fact some investors can't wait a few days speaks volumes innit.

Slift, it wont be new news....it will simply be confirmation of what has been pre announced. Doind deals in Africa can be precarious so confirmation of receipt of funds will reassure the mkt IMOV

Ohmarco. Leaving aside woeful illiteracy, your post doesn't make sense. Hur has debt through the CBs. It has cash and it is earning revenue and generating FCF, not.much like rest of the industry but I'm expecting higher POO in 2021 22 etc.

So the issue is not the debt but production and WC. If well6 remains prolific long enough we will be OK, if Spirit and HUR tie back Lincoln we will be OK, if WC increases very rapidly we will be screwed. It is a binary bet that could go either way.....