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Updated #SYME company developments to be RNS’ed in the near to medium term. Updated to include @intesasanpaolo linkup in MENA region. My next targets are 1st official Monetisation transactions & some update on a third party using SYME’s platform as a ‘white label’ partner
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1. Inventory monetisation (Italy, via Captive Fintech Bank)
2. Inventory monetisation (Global, via Main inventory funder)
3. Captive bank (original or new fintech bank) acquisition by Quad /TAG
4. Storm harbour (same as 2?)
5. TFC completion - CONFIRMED
6. AGM - CONFIRMED
7. Trading Update with TFC -CONFIRMED
8. UK update
9. UAE / Sharia Funding Partner CONFIRMED- Named as Intesa San Paolo Bank
10. US update
11. Other bolt on acquisitions or partnerships ie Provenance, Arviem etc.
12. White label partners.
13. Names of self funding / partner banks SYME & TFC partner banks
14. Other exchanges (e.g. NASDAQ etc)
15. MENA region IM update
16. Lenovo update
17. Possible partnership with large originators like Rakuten or Taulia.
18. IoT progress.
19. Insurance bolt on.
20. Confirmation of inclusion into the ICC network or networks like Marco Polo, Bolero, Galileo etc !
21. Name of the 5 investors The Family
22. NFT token
23. Consolidation timescale
24.DW step down as agreed with SYME-CONFIRMED
25.Deployment of International Chamber of Commerce Partnership
26.2022-2025 Projected Performance and Updated Prospectus
27.New Chairman (“shareholders will be very Happy”. CONFIRMED - Named As Mr Jim Coyle
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Good luck all genuine LTHs. Ignore the trolls. They will be gone very very soon with their tails between there legs!! ;)

From Twitter. Nice little response from someone in the know….had the Bull send it to me.

Bad day for the #SYME SP. Huge market over reaction and the bounce will come. We now have better governance and IM will come. Liked this little message from someone that knows Italian and global business. He honed on on SACE which allow us to scale faster. Overlooked in today’s RNS.

https://twitter.com/bullinvestor88/status/1458912246848012294?s=21

BOARD MEMBER OF ITALIAN CHAMBER OF COMMERCE, FORMER PRESIDENT OF ITALIAN BUSINESS COUNCIL ABU DHABI

Hi ****, not a good day for Syme's share price today isn't it? Sure not one of the best days. However this is a sign that the company is heading towards a good governance that consist also of a conservative approach to the business that in my opinion is fare to the long term shareholders, despite the bumper encountered today. But as I said, big part of the road has been paved, still bumpers will be there, and today was an example, but is not a bumper that makes the road. In my personal opinion, Syme has now a new Chairman, a CFO and both have a responsibility towards the information communicated to the market. If they see any risk of delay of revenues recognition, they will better opt for the conservative side: better for them the risk to over perform and surprise the market, rather than overpromise and misguide the investord. Therefore, despite the bad performance of the share price today, I would see the RNS of today as another piece of the puzzle that went in the right place.
Syme has to deliver a first IM, that is sure and no argue, but reading the RNS, I see that Sace (Italian agency for export credit) is engaged and this gives me a great confidence because the business model, having Sace engaged, becomes much simpler and much easier to execute for banks and funders; I can see the logic and banks love to enter in these type of deals where they have the back up of the national credit insurance company. As the RNS is explicit about Sace, there I get the confidence that the IM will come. And here comes the point of what you are in Syme, a share holder or a trader. If you are the shareholders, it is less important if it happens tomorrow or in one month (the earliest the better of course) as you see that the fundamentals for the first IM have been laid. Therefore, in my opinion, it is important not to get stuck in a bumper, to focus on the he road and look straight.
Cheers...and if pubs are still open, a good beer will help to close the day

GLA Genuine Holders!! Excellent news on the Index Listing

Bull sent me this and worth sharing. Sent by this guy….sent when revenues were pushed back and helps us remember we are onto something special here. :)
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https://ae.linkedin.com/in/dario-barisoni-7bba62b
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Board of Directors to the Italian Chamber of Commerce in South East Asia and Ex President of the Italian Business Council UAE

Hi , not a good day for Syme's share price today isn't it? Sure not one of the best days. However this is a sign that the company is heading towards a good governance that consist also of a conservative approach to the business that in my opinion is fare to the long term shareholders, despite the bumper encountered today. But as I said, big part of the road has been paved, still bumpers will be there, and today was an example, but is not a bumper that makes the road. In my personal opinion, Syme has now a new Chairman, a CFO and both have a responsibility towards the information communicated to the market. If they see any risk of delay of revenues recognition, they will better opt for the conservative side: better for them the risk to over perform and surprise the market, rather than overpromise and misguide the investord. Therefore, despite the bad performance of the share price today, I would see the RNS of today as another piece of the puzzle that went in the right place.
Syme has to deliver a first IM, that is sure and no argue, but reading the RNS, I see that Sace (Italian agency for export credit) is engaged and this gives me a great confidence because the business model, having Sace engaged, becomes much simpler and much easier to execute for banks and funders; I can see the logic and banks love to enter in these type of deals where they have the back up of the national credit insurance company. As the RNS is explicit about Sace, there I get the confidence that the IM will come. And here comes the point of what you are in Syme, a share holder or a trader. If you are the shareholders, it is less important if it happens tomorrow or in one month (the earliest the better of course) as you see that the fundamentals for the first IM have been laid. Therefore, in my opinion, it is important not to get stuck in a bumper, to focus on the he road and look straight.
Cheers...and if pubs are still open, a good beer will help to close the day

Intesa Sanpaolo is the leading banking group in Italy, with approximately 4,200 branches and 13.5 million customers.

They are the leading banking group in Italy in financial services for households and businesses, ranking among the top five groups in the euro area.

20.6 Million customers in Italy and abroad

463.3 Billion euro of loans to customers

Intesa SP have partnered with SYME in the MENA region as funder and arranger.

Intesa have issued €11bill euros to SMEs through the Italian government SACE program with offers government insurance to these loans…how much of this has been through the monetisation of inventory through their link up with SYME?? ;)

https://group.intesasanpaolo.com/content/dam/portalgroup/repository-documenti/investor-relations/presentazioni-en/2021/Presentazione_3Q21_UK.pdf

https://group.intesasanpaolo.com/en/editorial-section/the-strength-of-the-group

SYME - General Trade Review USA - Tony Brown Speaks on Behalf of SYME

Looking forward to Tony Brown speaking on behalf of SYME as our current advisor and rep in America at the Global Trade Review USA….before you believe the trolls…just read Tony’s experience and he has put his weight and name behind SYME and their new asset class!!

Tony Brown - A respected thought leader and dynamic innovator in international trade and supply chain finance, who relishes new opportunities to expand cross-border business, nothing impassions Tony more than to develop a new market or solution to fill a competitive need and deliver tangible success.

He spawned an industry by pioneering purchase order financing, helping successful international traders grow by financing inventory to fill available orders. Later, he developed buyer-led payables financing allowing creditworthy importers to buy goods on longer payment terms while paying their suppliers cash.

Tony’s end-to-end trade expertise grew from credit insurer, to buyer and seller of goods, to logistician and specialist supply chain financier, over 25 years. His international trade finance management experience ranges from startups to a division of a top-five U.S. bank.

Today, Tony believes in the power of technology to transform international trade and finance, aka Fintech. Cutting edge technology platforms from blockchain to Big Data and supply chain finance to B2B marketplaces have sought to leverage Tony’s experience and creative thinking to grow their businesses.

Specialities: International Trade, International Trade Finance, Factoring, Asset Based Finance, Purchase Order Finance, Letters of Credit, Forfaiting, Receivables Finance, Inventory Finance, Supply Chain Finance, Trade Payable Finance, Logistics, Credit Insurance, Product Development and Launch, Market and Business Development, Startups, Fintech, Expert Witness

https://www.tradefinanceglobal.com/posts/author/tony-brown/

Bull sent me this and worth sharing. Sent by this guy….sent when revenues were pushed back and helps us remember we are onto something special here. :)

https://ae.linkedin.com/in/dario-barisoni-7bba62b

Board of Directors to the Italian Chamber of Commerce in South East Asia and Ex President of the Italian Business Council UAE

Hi , not a good day for Syme's share price today isn't it? Sure not one of the best days. However this is a sign that the company is heading towards a good governance that consist also of a conservative approach to the business that in my opinion is fare to the long term shareholders, despite the bumper encountered today. But as I said, big part of the road has been paved, still bumpers will be there, and today was an example, but is not a bumper that makes the road. In my personal opinion, Syme has now a new Chairman, a CFO and both have a responsibility towards the information communicated to the market. If they see any risk of delay of revenues recognition, they will better opt for the conservative side: better for them the risk to over perform and surprise the market, rather than overpromise and misguide the investord. Therefore, despite the bad performance of the share price today, I would see the RNS of today as another piece of the puzzle that went in the right place.
Syme has to deliver a first IM, that is sure and no argue, but reading the RNS, I see that Sace (Italian agency for export credit) is engaged and this gives me a great confidence because the business model, having Sace engaged, becomes much simpler and much easier to execute for banks and funders; I can see the logic and banks love to enter in these type of deals where they have the back up of the national credit insurance company. As the RNS is explicit about Sace, there I get the confidence that the IM will come. And here comes the point of what you are in Syme, a share holder or a trader. If you are the shareholders, it is less important if it happens tomorrow or in one month (the earliest the better of course) as you see that the fundamentals for the first IM have been laid. Therefore, in my opinion, it is important not to get stuck in a bumper, to focus on the he road and look straight.
Cheers...and if pubs are still open, a good beer will help to close the day

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