Member Info for cahoodle

Well thanks for the in depth market analysis futuresbright - and I actually think you may be right! haha

boodle, hoodle makes no odds :)
perhaps we should know because AZ said it would happen so of course it has! -- he seems to be delivering on promises and more - lets hope it continues, roll on the next big RNS!

'bullet proof' now is that code for munitions inventory??
That's a jokkkkkke btw before a debate is started! :)

AZ will be having a right belly laugh at our trying to interpret his 'on air' :)
a literal translation is pushing the guess a little far I think. Still sticking with 'the platform is in use'.

Absolutely good news Apunter - whatever 'On Air' means it signifies progress and the tone of the tweet is all's going to plan.
@Ricky re what inventory do energy companies have - got me googling!

Ansaldo Energia is a leading international player in the power generation industry, to which it brings an integrated model embracing turnkey power plants construction, power equipment (gas & steam turbines, generators and microturbines), manufacturing and services and nuclear activities.? Ansaldo Energia is active as full service provider with a broad portfolio on heavy duty gas turbines offering complete maintenance solutions on power generation rotating equipment and plants, built both by itself or by other OEMs.

Massive scope - massive potential

RNS stated: By... 30 September, there will be 142 Client companies, originated in Italy (up from the 97 announced in the Interims). .... The thirty Italian Client companies that form the first Inventory Monetisation portfolio will be notified that their target completion date is the end of October.

I take it that 'On air' means that monetisation is ongoing and the platform now is live and operational for some company/companies with a target to monetise all 30 companies (ie 'on air'/on the platform) by the end of October. ... The supply chains led by

o JSW Group
o Stemcor London Trading
o Tosyali Group: international leader in the iron and steel industry
o Steelcom: Steel and Commodities, international steel trading business
o Clarke International
o Tecalemit Garage Equipment Co.
o Ansaldo Energia
o Esselunga
o Carrefour
o Coin

Thanks .. yes reassuring!

Just trying to wade through today's posts - can someone please enlighten me as to the source of this one please -

@Jonesrichard: 'feeling better now that AZ is kind of given a wink and a nod that news will be on its way very soon?'

No - it's dated Nov 2019

Hi Moodyboy, could you tell us who the letter is from and does it say its free?

Savvy: Didn't understand your reply? - the update regarding sections relating to Investors, Funders and Companies refers to the issue of contact information in relation to those, in particular 'companies' (ie customers) for which no specific telephone number or email for them to contact SYME is currently stated.

@Holly: I emailed SYME at the weekend with concerns at the website along the lines you have highlighted along with other suggestions on wording (strategy statements etc) which often present as clumsy (maybe a translation issue), also the video presentation with a robotic voice is a little unprofessional.

I hadn't checked my replies until now but realised they emailed back quite quickly. The reply stated:

Good morning,

Thank you for reaching out us.

We note that at day1 the Company preferred to pubish via its website texts fully aligned to the Prospectus.

We confirm that it’s on track an internal project aimed to update the website and create specific sections relating to Investors, Funders and Companies.

Excellent that I got such a fast response
Excellent that they have it in hand

700m isn't the free float - it's the estimated amount held by short term PI's. The free float of 10% is however quite low which could lead to some volatility as the price rises.

WolfofWarks: We are already getting income, the model is reality not concept. The next RNS naming the list of companies signed up will set that reality in stone as a base for an exponential rise in the share price.

Hi Extrader, looking at the message timeline it looks like I'd nuanced the new news before you knew the news had been nuanced :)

@weather, f/i
I'm not sure how much the Supply@me platform is selling itself on the stock control element. Most of the large clients will already have management and stock control systems such as SAP which will be highly sophisticated and integrated throughout their whole business controlling much more than inventory. The comment had me worried at first knowing from experience that to change to anything new is a massive undertaking for any business. I was reassured though that the SYME website states 'ERP fully integration (SAP, IBM, Oracle, Microsoft)' so for anyone already operating with existing systems, the integration of the SYME system would seemingly be seamless.

The thing with this model is that if it works (and I can't see a flaw) then the only drawback to customers will be cost. The cash-flow benefit far outweighs costs to thousands of businesses and the take up rate soon to be announced will prove that. We are streets ahead of any potential future competition. Growth will logically IMO be exponential from the point of the next RNS giving indication of take up and/or major client(s). If it works for one it will work for many and there's nothing like this anywhere in the world. So yes who knows where this share price will be by Christmas 2020 / 2021.

well FK you did say confident of £4 sometime :) wow, fantastic RNS.

Sorry oldblue, I misinterpreted what you wrote, glad we are in agreement - all good! :)

@oldblue : company has £172k more cash (value) than it would have had, all things being equal, share price should rise to match windfall but then reduce to account for share issue therefore no change. Regardless, massive gains to come here very shortly imho.