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I can dump 10m shares in one hit with HL and @ 0.578
Not that I would of course. They’re mine!
'Top slicing' is counter intuitive to the real benefit of investing, compound growth. It's purely for psychological satisfaction.
In pure mathematical terms, you wouldn't sell a bean until you no longer believe in the growth story.
Even Einstein wouldn't top slice, say no more! I won't requote him as it's almost as bad as when someone lazily regurgitates Warren Buffett quotes.
SYME is negatively correlated to Brexit woes.
Any potential that supply chains may struggle and companies hold increased levels of inventory can only ever be a good thing for SYME.
Nevertheless, there are that many more dynamics here than Brexit, it would be impossible to tell how the market is viewing SYME at any point tomorrow, so a futile exercise discussing it, to say the least.
Thanks Savvy, this was my understanding also but got myself in a muddle earlier!
I think I’m missing something here, so how come SYME can’t transact IM for companies that use different accounting standards? Why do the companies need to adhere to IFRS 15? Is this to allow global scalability of the platform?
I assume this came to light during UK pilot as Italian companies are already on board.
There’s a gap in my knowledge here it seems, can someone direct me to some reading?
I think your phone’s broken John.
Good point Wolf - Surely that could be vetted somehow before client acquisition through the self-funding model as it is through open funding?
I’m interested to see how this next week plays out, I feel an eerie sense of excitement and also nervousness. There was a big rise last week let’s hope it continues!
Awesome Mark cheers.
I said this a while back but I can envisage SYME being integrated into customer propositions for all sorts of financial institutions as part of their offering. There’s no reason the platform can’t sit underneath an SME lending platform for example that a bank offers. It’s perfectly plausible. I liken it to when Metro bank recently acquired RateSetter the P2P platform, that platform is now part of a lending/financing offering alongside other traditional structures to Metro’s customers.
Chalk and cheese in terms of products/offering, but no reason IM can’t be built into the propositions of major financial outlets using SYME’s architecture underneath. The principle isn’t vastly different.
Markymark, so you’re saying the CRM systems will have a portal type access into the sub-platform (SYME) as part of their architecture.
I work in finance services and our CRM systems pulls through live data feeds from numerous other platforms/databases with different providers and forms a central business overview. I assume it’s similar that SYME for most clients wouldn’t be the user interface, but more the sub platform operating beneath the company’s own IT systems.
Thanks for this, really interesting thought.
Agreed, financials will look awful, unless big deposits have come in from due dil, but a lot of that could be in this financial year which won’t be shown. The market knows this anyway
Stockpile then sell it to the platform, it’s a good business strategy. Economies of scale on the large purchases, helps to offset SYME’s charges, release cash all the while not incurring any debt.
I’ve just bought a book written by Don Tapscott called ‘Supply Chain Revolution: How blockchain technology is transforming the global flow of assets’.
I’ll let you all know how I get on will be starting it this eve!
Extrader
‘ I have capital losses over the last 12 years that I expect to be able to apply against an upcoming capital gain.’
Not surprised mate, you spend your time researching companies you’re not invested in rather the ones you are!
Haha
‘ Supply@ME secured so much interest from investors in the US that we launched our platform there, in collaboration with founder and CEO of The Trade Advisory, Anthony Brown, earlier than planned. We have also just secured approval to launch a sharia-compliant version of our platform in the UAE, and hope to go live by Q1 2021, and have partnered with the major domestic industrial districts there.’
Not sure if this has been posted today, apologies if it has but a new article was published a few hours ago
https://thefintechtimes.com/digital-currencies-electroneum-coinex-supplyme-and-midchains-in-view-from-the-top/
Hi guys,
I said I wouldn't bother this w/e but I've been pondering so thought I'd share.
I believe there is a 'securitisation discount' being applied to the Mcap, which if unlocked, could secure a great increase in value.
Current originations stand at 1.9bn over 152 clients, or 12.5m per client. There are 50 clients in the pipeline via EPIC. 50 x 12.5m = 625m in origination.
Let's apply a 25% reduction to 625m as EPIC don't provide large corporates and there are some UK corps in there skewing the averages, potentially.
That's 469m in pipeline origination. Let's say 50% pass DD phase, 234m in pipeline origination.
1.9bn + 234m = 2.134bn.
Profit @ 1% = 21.34m pa.
Current Mcap is 186.7m
Mcap @ 15x PE = 320.1m or 71.45% increase from here
Mcap @ 25x PE = 533.5m or 285% increase from here
Mcap @ 40x PE = 853.6m or 457% increase from here
I therefore feel that the intrinsic value or originated contracts already, and not giving any value to potential/ very likely further client acquisitions, is significantly higher than where we are now.
I therefore feel we are being discounted mainly for:
1) Proof of concept, i.e securitisation
2) The originations will come as part of futuretranches and thus future earnings
3) Funding available is not enough to cope with demand (hence the captive bank)
I believe proof of concept will unlock much of that discount, and the captive bank regulatory sign off by Q1 2021 will unlock the rest, all the while client acquisitions will continue to grow and thus, the profits, MCAP and finally, our investments.
Just IMO - worth nothing and please take no action based on a stranger's musings on the internet!
To be honest, it's still criminal that it's worth less than at RTO, when there was about 10 hundred billion zillion fewer positive developments than what we have now. This belongs above 1p. With vindication of concept, who knows.
Wolf’s right. The capital accumulation strategy works a lot better for most, even those drawing a pension are usually better buying into growth companies, and selling shares in them for income rather than taking a dividend yield. Plus capital gain is better for tax than income anyway.
SYME won’t pay dividends, they’ll reinvest for growth and global expansion. To me there’s a slim chance of receiving divis from a Fintech.
I’d rather they didn’t bother with RNS’ if this is what we get.
Beers tonight for me that’s for sure. Won’t tell Mrs FB as she’ll want me to sell. Will just tell her it’s Christmas so I’m feeling cheery.
Have a good eve all.
First working day for a long time I wasn’t glued to my desk, come home and this happens! I nearly weed all over the carpet!
Amazing weeks guys. I think the boxers started this as a butterfly effect!!