Member Info for Havoc3852

I've guess that's because those particulars are still being worked out. No point advising until the deal has been done.

Or they cant find a website lol!

Hefonthefjords - just one small point, the £8bn of monetised inventory by 2024 was via the captive bank only. So we have all the other methods that we can monetise from on top of this target.

SYME once retweeted an article before it was checked and they had to publically call it out as fake as it wasn't fact checked first. Mistakes like this can happen.

As for the 50p? I'm 100% in agreement. Personally 2-3p EOY is where I think we may land, 5p at the absolute most but I doubt it. But as always happy to be wrong and it goes higher. Time will tell.

lol you should check out Mason's tweet in response

Nimmo - you called the screenshot as fake as its not on the website even though the person who tweeted the screenshot SAID it had disappeared. It could well have been a fake as in photoshop or as said it was there and now gone as SYME accidently published it. Couldn't have been therefore more than a few seconds otherwise it would have been downloaded.

Lets not be hasty, wait for the RNS before jumping to conclusions.

Very tight spread, 0.555 to sell +1M shares and 0.559 to buy a small amount.

We wont see that sort of rise in a short space of time. ARB has almost 100 times less the shares we do, if we were to hit 3 p we would have h higher mcap than ARB and that is (only lol) a 500% increase from here.

Its called risk managament and diversification. Hence the recent AZ comment around capping monitisation per client and i bet there will be set risk appetites depending on the industry the client is in.

That website is about as useful as an umbrella made out of newspaper.

Well our resident trolls do seem to be rather absent today.

Seeing as how your posts go from one end of the spectrum to the other frequently, i think thats a wise decision. All the best to you.

I was going to say, where have you read that the next update wont be till april? Rns stated end of month and xant see where that has changed.

Parm - that is exactly the point I am trying to get across. Coming up with these sky high figures will lead to disappointment and if you plug my figures into Peace123 figures you get a very different final SP prediction which is still good increase from where we are, but at least they are based on known information, albeit still fingers in the air at the end of the day.

I agree we can look at what AZ is targeting going forward, but we should be using known figures and re-adjust as and when we finally start seeing some hard numbers. I.e the average contact based on the last RNS is £12m, not £30m. We know the % net profit is highly dependant on the funding route and at the moment we have no idea how long the captive bank will take to get approved as its with the ECB therefore we should be using 1% or even 1.25% as a safe bet. And as for PE ratio, complete unknown until this gets up and running, and we could we be at or above 100 but until then we should use the average for the sector which I know is not 100 but I can't for the life of me remember what it is. Any help on this part?

But as many have said, its all holding fingers up in the air making guesses, but as I said base your guesses upon known figures.

The only figures that we currently know are those in the RNS and the gross origination but we wont know how many of those that will actually be monetised. Its quite interesting to see what the average size contacts were being added to these figures (assuming no companies were removed) as between the 30/09/2020 we got 45 new companies with only an average contact of £4.6m. BUT between 30/09/2020 to 31/12/2020 we added 23 new companies with an average contact size over £21m so there definitely appeared to be an increase in "potential" demand or at least size of the companies looking to use our services.

Date Companies Asset value Average contract
31.3.2020 82 £1,220,000,000.00 £14,878,048.78
30.06.2020 15 £210,000,000.00 £14,000,000.00
30.09.2020 45 £210,000,000.00 £4,666,666.67
31.12.2020 23 £490,000,000.00 £21,304,347.83

Not surprising as its from the twitter account of the one known as Peace123. I do feel people are putting far to much weight onto AZ figures of having 15 staff and will each 25 clients each. They may do in the future but he will need to give the staff time to smooth out any kinks in the process, not overload them as soon as the system has gone live it would be too risky.

Those calculations are based upon the Net profit we would get via the bank (1.5% rather than 1%) From memory the bank is committed to funding up to £8b over 4 years so these figures are already based upon incorrect figures that we currently know (ignoring all the over variables and PE of over 100 that was used).

Gosh parm, i have no idea what i was thinking. Silly me. I should know chalker knows everything...