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Hi WeatherG,
Most interesting this news on RR. Wondering what sort of inventories RR can put on the table and from which area of their enterprise (its large, complex and involves may subsidiaries and affiliate's). I personally feel the SYME 'platform' is very easily able to incorporate any valued inventory into their business model.
1%-3% slice of the action is very welcome. ;-) Proving the business model actually works was a delightful moment for me. Very confident with this stock for the future.
Deepi
Shares of inventory monetisation specialist Supply@Me Capital (SYME) ended a recent poor run of form, with a 17% gain. This came off the back of some bulletin board speculation that the company could somehow be involved in the Rolls Royce (RR.) cash call – due to be announced on October 1. More rationally perhaps, the rise in the stock came the day after the company’s business operations update earlier this week, which promised 142 clients by the end of September on its platform.
https://www.share-talk.com/share-talk-bulletin-board-heroes-tuesday-29th-september-2020/#gs.guv5sd
Agreed there.
" SYME is an early stage "FinTech" business which delivers an innovative technology platform for inventory monetisation that enables a wide range of manufacturing and trading customers to improve their working capital position by releasing capital from their inventory stock. SYME matches the working capital needs of its customers with capital invested by its inventory funders. Investors in SYME shares gain exposure to the fee income generated by the platform from inventory monetisation. Inventory funders invest in instruments that are secured on inventory portfolios. The companies that can benefit from the SYME system are found across a wide range of industry sectors including wholesale, retailing and general industrials.
Notwithstanding the COVID-19 backdrop, the Board believes that SYME's customer base remains strong and that the demand for inventory monetisation is growing. Whereas Just In Time (JIT) inventory strategies were previously the standard for manufacturing and trading businesses, increasingly following COVID-19, many such businesses are consciously choosing to build inventory to avoid supply chain shortages and subsequent loss of trade. Manufacturing locally rather than thousands of miles away and increasing inventory held may become the new norm. The Company is aware that retailers both on and offline are seeking suppliers who can guarantee inventory levels through a combination of in-house manufacturing, local production capabilities and higher levels of stock held. This is positive development for SYME's business model as companies will look to monetise the higher volumes of stock being held.
The impact of COVID-19 on the inventory funding market is more difficult to interpret, especially as interest rates are currently at historic lows. SYME's inventory investment asset will offer a relative positive margin compared to interest rates and many other rate linked investments. However, investors are undoubtedly more cautious, being less willing to move quickly into new asset classes, so the risk premium attached to alternative investment products has increased to reflect this. This theme will be developed in the Chief Executive's report.
Despite COVID-19 we still remain extremely confident for the future but as a result of the approximate three to four month delay to our business plan caused by COVID-19 we are having to push back our forecasts with a consequential impact on market expectations. "
https://www.marketscreener.com/quote/stock/SUPPLY-ME-CAPITAL-PLC-44458528/news/Supply-ME-Capital-UNAUDITED-SECOND-INTERIM-CONDENSED-CONSOLIDATED-FINANCIAL-STATEMENTS-30854796/
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apologies for subject header (cut & paste issues)
https://t.co/G6QDiai8qU
Exciting times indeed. Let the story unfold.
https://twitter.com/Chaser521/status/1310136101546450945?s=08
https://twitter.com/vnsglobal/status/1308752026319421442?s=24
A rather POWER full message there!!
Beginning to see this as a long term winner. Not a fan of Andrew Bell(end). But see Paul making all the right moves here. Off radar it may seem, but as operations kick off this baby will be fine....
Thanks Superdad,
Appreciate your feedback here. Strange moves indeed. But really intriguing to witness. I don't trust the LSE stats for the buys and sells somehow. They dont seems to register correctly at most times.
Deepi
All this talk of shorting a stock has just triggered me to action test if I can actually take a short position on both a spread bet and CFD account with IG Markets. And to my surprise, I have discovered shorting is not available on SYME. the precise message is "You cannot sell this market to open". Now this opens the question to
1. Is there a broker/platform which will allow you to take a short position?
2. If so which ones?
3. Deramper's (if not shorting that is) can only encourage others to sell with very little conviction and effectively try to enter the stock at a lower price. I don't mind them, it's freedom of speech and all that, and its always nice to see all the attention a particular stock gets (it dramatically increases the number of posts and immediately attracts even more investors (and lets not forget extra idiots/trolls/derampers) to the party.
I cannot write conclusively at this moment, and would rather have points 1 and 2 answered before writing further.....
Deepi
https://www.share-talk.com/alessandro-zamboni-founder-ceo-supplyme-capital-syme-l-update/#gs.gd45t0
Horse's month only. Only babies in the wood would be selling now. Exciting times ahead chaps and ladies.
Just skimming through some details in the reports and I some rather large encounters of gold from historic drilling. I see this certainly as early stage, however the potential is huge. I think the BOD just know whats coming here.
Another GGP in the making, plus we have other high demand metals to play for.
Australia, Victoria lockdown will be eased very soon and I would imagine operations to kick off soon after.
Another 1M
Good man.
https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-21st-september-2020/#gs.g69s46
Deepi
Hey chaps, What is the story here?
I am not seeing any data on map, shares in issue etc on LsE and not able find this stock on IG Markets. I have checked HL which do list the company, however not available to buy . If anyone here could explain that would be great.
Deepi