Member Info for jonesrichard

micky6729 Aug '20 - 15:19 - 605 of 614
It’s a pleasure you’re trying to understand our service model.

I reply to your points:

Competition
- pay attention that all the initiatives you mentioned (I know very well) are trade receivables based
- the banks you mentioned use technology in order to improve their processes (UX, analysis, reporting, ...)
- neither of the banks or FinTech above created a new product for the Client company (they finance trade receivables - old product)
- the trade receivables (we could extend also to payables) market is well covered: thousands and thousands of players (banks, funds, FinTech or techfin...)

SYME value proposition: the new “wheel” because it’s a new product (inventory monetisation and not Financing). You know there are in the market asset based lenders/ banks but their product has these features:
- a small % of financing ratio (30-40%)
- only specific sectors because they have not evolute processes in order to assess and monitor the stocks (by the way banks are exiting even from commodities market!)
- for a Company it’s a debt and accordingly Banks ask also collateral (personal guarantee, pledge, ...)

The shortcomings above are all covered by our service
- monetisation 100% VAT included
- all sectors
- no debt (true sales - fully derecognition)

How the service work?
- Client Company has the ownership of the inventory (just purchased - also based on trade finance - or produced)
- Client Company sells the inventory to the Platform (special purpose vehicle which buy stocks from several Client Companies portfolio based) and get cash
- Client Company continues to manage physically the inventory just sold to the Platform (it moves from principal to agent)
- once the Client Company sells to its the end customer the inventory which has on consignment has to report the sales to the Platform (because legally and from a tax perspective has to repurchase what has already sold)
- the Platform issues a buyback invoice vis-a-vis the Client Company
- the Client Company can pay this invoice selling new inventory
- and the process continue for 3 years
- at the end of 3 years Client Company can renew the contract or pay the sold stocks via cash
- in case of unsold the Platform pick up the inventory and resell it to Remarketers (other Supply Chain Companies to which the Platform has a binding put option)

THE NEW WHEEL...
Regards

I cannot claim to fully understand that response but it has helped hugely - I Hope it answers some of your questions also.
micky6729 Aug '20 - 15:25 - 606 of 614
0.100000 5 0
To add to this, I've been in communications with AZ myself today as I mull over the viability of the 16p forecast and whether to make a further investment. thought I'd share:

His response:

'Thank you for reaching out me: it’s a pleasure.

I try to give you some guidelines and my business opinion: Cont....

6p would be a fair level and good base for the sp to settle at at some point next month, then obviously news flow for the rest of this year will dictate if the sp can break 10-15p range before the end of this year as many suspect is possible.

Not sure about a £1 being hit this year but who knows, this is a very special company so I wouldn't rule out any sp here moving forward once the RNS updates start coming thick and fast I can see at least 50p in the next 6-12 months for sure, would like to think £1 this year but like I say think it may be more likely this time next year for the £1 + to be seen but would be very happy to be proved wrong!

Volume very strong, buying pressure very strong, somehow MM's holding back the tide for now but they won't be able to hold the sp back at these levels for much longer imo, expecting to see 0.75 + finish today, possibly 0.80 + if FOMO really kicks in in the last 30 minutes today. lets see.

the first genuine case of "I wouldn't want to be out of this over the weekend" being stated and it actually being genuinely true!

It is a fair question but if you had just done the smallest bit of research you would have found out that a placing is defiantly not on the cards but I'm happy to have put your mind at rest regarding this issue.

All the best.

Listen to the latest interview where the CEO states that they have plenty of revenue coming in, I guess when the sp is 25-50p + they may re-access the issue but until then just can't see why it would be required, did you write that subtle deramp all by yourself or did your deramp boss write it out and send it to you? what other 3 BB's have you posted this same message on recently? XX

Surely he must have known that he would be able to produce further news by the end of this month or it would be a bit silly of him to set a cut off date, not living up to it which in turn would see the sp drop so presumably there should be something tomorrow if not Tuesday at the latest? Why would you not take him at his word?

Nice consolidation day today, when those RNS's start coming you won't remember flat days like today so no worries!

Guess everything would have to go right for the £1 sp to come, seems a long way off from here but in time this company certainly does have the potential to get there no doubt.

Presumably 0.70 + on anticipation of news tomorrow/next week when dependant on how much news is released 2p could be never seen again after next week.

https://twitter.com/MSminev/status/1298760851348955137/photo/1

Yes, it would be very very painful to sell here only to then watch the sp move in to the 50p-100p + region in a very short space of time, won't be taking that risk so will just hold and let everything play out here.

yes oz, that sp would take me up to the magical one million pounds figure, on paper anyway, will either or sell the lot then, will try not to be too greedy although with a special company such as this it's difficult to know when to take any off the table as the sp could really go anywhere once it takes off!

50p-100p could be a while off yet but in time is defiantly possible here, I have a personal sell price of 35.72p which I would like to think if this company progresses as expected could be achieved within the next 12-18 months. As always, time will tell but feeling quietly confident here. GL all genuine holders.

https://www.sharebuyers.co.uk/shares/syme-share-price-6-reasons-long-term-potential/

Sorry that I don't know everything about the stock market, would be useful if someone who knows the answer to my questions could respond as it may be helpful to others who read this BB as not everyone is as knowledgeable as you are BottleRocket.

HIGH GROWTH SEGMENT
Designed for innovative, high growth companies allowing additional flexibilities

STANDARD MAIN MARKET
Core European listing standards for international issuers

PREMIUM MAIN MARKET
The highest listing standards for the world’s leading companies with potential to join the FTSE UK Index Series

Also is the next move for us in theory the FTSE 250?

Thanks

You think the first broker target of 16p could be in fact surpassed this year? if so that would be a very nice base to start from, presumably brokers will have to be accessing their price predictions short and long term!

Could be looking at a while before we see £1 sp, although surely in time we will become a T/O target so if a bidding war ensues the price could end up someone in that area!