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Does anyone else here love Gary Barlow?
I’ve often thought long and hard about what Gary Barlow would be doing for a career if he hadn’t have become a successful singer/songwriter genius. I concluded that he’d probably be a successful private investor because he has lots of patience!
Great bargain prices here, considering what price it's been at recently, the IPO price, and the recent Institutional Investor buy in price too.
I topped up a few times today. All my buys were shown as red on Level 2. I was watching the buy price for a while, checking with a few 'dummy buys', and a lot of the trades going through as red/sell would have been buys.
Nice easy 25% increase from here back to the 0.7p area...... Then re-rate soon after that.
PART 3/3
PI - I wanted to mention something else as well because I know you have an alliance with a leading Italian SME FinTech platform. Do you want to just give us a quick update on that one?
AZ - It is an example that our service is very interesting service for companies, and this platform is managed by a very powerful management team that asked to support us, both with the funding side and the origination side. And we ask this platform, that for us is additionally new companies that we add to the existing portfolio, because it is another important message. The companies that Epic SIM will originate will add to the existing portfolio, and accordingly, we have to work with these new partners in order to ask them to support us in the onboarding processes, because we need the capacity to delivery our service for more, and more, companies. So, it is an important example to how a FinTech platform could support, and also integrate, our service to their delivery.
PART 2/3
PI - Ok, good stuff. So just break this down for me, Alessandro. So if I was a shareholder in your company, what does this mean for my current share?
AZ - It means that the funding streams that the investors know, so StormHarbour, UK pilot, the self-funding banks, are closing. We are going to announce the results, and in addition, thanks to this new institutional investor, we are adding a new funding opportunity. And the investors will understand all the pitch, this is one of the three future steps to funding streams that investors will understand.
PI - Good stuff. Alessandro, what’s the bigger picture here then?
AZ - The big picture is that because the demand is huge and we are operating in several countries, the UK, the Middle East, we are working also in the US, we need more and more funding. And my view is to, my mission is to, anticipate to accelerate the results due by the end of 2024, and would like to give the investor the opportunity to achieve the results before. So, if I have the opportunity to work alongside a new investor that could improve my funding power, I am interested to work and also to manage a new entry. Because I think the opportunity in this moment is to accelerate results to increase our margin, our projection, an updated business plan in order to achieve more and more companies.
PI - Acceleration. Funding. Power. You seem like you have a clear goal here, Alessandro.
AZ - Exactly! Exactly, Katie.
PART 1/3
Proactive Investors (PI) - Big news for you today in terms of you’ve updated the market on your entry of institutional investors into the share capital of Supply@ME, right? What exactly dose this mean? Break this down. Why is it important for a shareholder today, this information?
Alessandro Zamboni (AZ) - Yes. Firstly it is very positive news for us. Also, for our investors. Because you know, that for us it is important for us to work alongside intermediaries, banks, institutionals. Our business model is based on the partnership with banks, the funders, and accordingly, the opportunity, as I was saying in recent interviews, to work and to give opportunity to investor institutionals to entry in our share capital. For us, it is another boost in order to increase the funding. Because it is important to our investors to say, that right now we fall in the period where we close the funding side. And all the news that we are going to announce are related to positive news for the funding side.
PI - Ok, so Alessandro the main strategy here is funding?
AZ - Correct, because our platform we talk with the market in relation to powerful of our service, the inventory monetisation, and the demand is huge, but right now, investors have to understand that we are in the phase, the delivery phase, and the funding phase is also related to the opportunity to work alongside institutional investors and specific institutional investors ask us to entry in the capital, the equity shares, and accordingly we manage obviously we pay attention, but we are very interested to talk to the market that in the equity side we have also institutional investors with our retailer investor. And my shares that are in Orchestra Group are increasing, so I am not selling my shares or my vehicle, but I am using a vehicle in our strategy to work alongside institutionals.
Glassdoor is market manipulation website:
https://www.reddit.com/r/jobs/comments/7dpzn4/glassdoor_is_a_scam_and_a_sham/
I don't know anyone who takes TW seriously. He is a joke! A failed investor. If he spent all his energy on trying to find positive companies to invest in, he wouldn't be so desperate to find subscribers for his £5.99/month 'service'.
Follow advice from people who actually invest, and not those who only write about it.
He who can, does; he who cannot, teaches
2.8% of the company shares sold to an Institutional Investor, and some people can't see why this is good news? lol
Either pathetic deramp attempt, or people who haven't a clue and shouldn't even be investing in the stockmarket (IMO).
Why didn't they buy on the free float? Maybe because there just isn't much left that isn't in sticky hands?
SYME has staff, and now can utilise staff from Epic SIM, to originate (find) investors and clients.
Many banks, funds, and institutions, will want to invest into our asset-based securities to help diversify their portfolios. For them it is very low risk as th inventories could always be sold in the case of a default, plus we do due diligence and do not "not monetise inventory for companies in financial difficulty or with inventory that they are struggling to sell" (bottom line of latest RNS)
AZ is saying that we can't double count inventory, as that would mean there would be more risk. It would be like getting a full mortgage on your house from one bank, then going to another bank and getting another full mortgage on the same house! The whole point of these asset based loans is that if there was ever a default, the inventory could then be sold to cover all costs. This would not be possible if we started 'double counting' or loaning against twice the value of the assets.
Furthering on the mortgage analogy: If we took out one full mortgage, then paid it back at some point, we could then take out another full mortgage at some time in the future if we so wished. Or we may sell our house and the new owners would take out a new mortgage.
From the perspective of both sides of the supply chain: We could monetise (mortgage) the newly-built house from the house builder, so that they free up funds to continue building more houses in their plot. Then the loan is repaid, the house-builder can sell the house to an owner-occupier, who then proceeds to monetise (mortgage) the house themselves.
A share consolidation is potentially on the cards, although it has not been officially announced yet.
The reason is due their being a lot of shares that we inherited during the reverse takeover (RTO) process from ABAL Group.
AZ says during the interview, that many institutions have been asking to invest in Supply@ME, but these institutions have specific policies about not investing in penny stocks. So the way around this, is to consolidate the shares (AZ calls it a reverse-split) so that we are no longer deemed a 'penny share'. Then we will have more new institutional investors.
PART 5/5
ST: When will confirmation be coming in the form of a RNS update, regarding safe harbour Italian banks?
AZ: Again, all of the things, the self-funding agreements with the local banks, the StormHarbour placing, the UK pilot, are all on track. We are working hard, because as I’m saying, all are strategic agreements so we prefer to take time, a couple of days, in order to clinch strategic long term agreements.
ST: Depending on the success of the current pilots, particular in the US, what kind of time frame can we expect customer partnerships to be announced?
AZ: We see a huge appetite for our service in the US, and the professional and the team that we have ready, and the feasibility study, asks us to anticipate to accelerate the rollout of our service in the US, because we see interest, not only by the client companies side, but also from the funders side. So, giving you some details, we projected the US in our business plan in 2022, and for sure, we anticipate to accelerate the rollout over the next months and early next year.
PART 4/5
ST: Why are there so many shares in issue compared to other companies of the same size as Supply@ME?
AZ: We come from a reverse takeover, and accordingly, Supply@ME is the result of a reverse takeover with a cash shell which was ABAL Group. We know that it is important to plan a stock consolidation, because the very important point, is that many institutions are asking to invest in Supply@ME, but you know, they have specific policies on the institutional side not to invest in a penny stock. So we are managing with our partner a reverse-split of the shares, because we would like to work alongside new institutions. Maybe we are also announcing new agreements with institutions that are interested to invest in our equity in Supply@ME. This is very important information also for retail investors.
ST: When will you announce the partnership with the Italian banks? And, when will the UK pilot results be announced?
AZ: Thank you Zac. You know it is sensitive information, because we announced the agreement we are working hard with our local partners. I can confirm that we are working with lawyers, and we will announce shortly the results of the 2 very important agreements for the Italian self-funding models, and agreement with banks, and also the UK pilot. Also we are saying in today’s RNS, that shortly we will inform the market, and all things announced will happen.
PART 3/5
ST: How are you pushing the business into the limelight to improve visibility for potential clients.
AZ: We don’t need limelight in order to foster our service, because the demand is huge. In each country, in Italy, the UK, in US, in the Middle East. The appetite for our service is huge. Our view is also the reason for the RNS today, to work alongside partner in order to get onboard more and more companies pursuant to our strong very important policies, and so it is important that investors understand that we use institutional partners, the big four, professionals that originate companies, and so we think that we have to manage it with a very strong methodology of onboarding, the efficiency of onboarding, and is the reason of today’s RNS. One of the points of today’s RNS.
ST: How many companies are you currently able to onboard at one time? Do you have a target number in mind to aim per quarter, in terms of the capability to onboard?
AZ: Right now, we have the right capacity plan in order to manage the existing portfolio of companies, and thanks to the partnership, we are mentioning the Epic SIM partnership today, and we are talking about the self-funding agreement that are arriving, we are signing. We use the staff of this partner in order to have a suitable capacity plan, suitable staff, in order to manage, to onboard, we project roughly 50 companies per month. This is our ratio, is our also objective, you know that Supply@ME had a business plan in order to achieve 300 companies by 2024, but we are over-achieving that right now. So we are preparing staff that could onboard nearly 50 companies a month.
PART 2/5
ST: Ok. Is there potential to monetise the same stock twice?
AZ: We, Supply@ME could support the end-to-end of the supply chain. Accordingly, we could work firstly with the manufacturer, and then when the manufacturer sells the inventory, the goods, to their end customer, the retailer, then we could monetise the retail side. Obviously, we cannot monetise the same inventory, as it is a double counted risk. But, in an end-to-end continuity supply chain, if we happily support, right now we are supporting, both the manufacturer side and the retailer side. Thinking about the franchising model, we could support the manufacturer and also the point of sale. But inventories change, it is a rolling mechanism. So the reply (to the question), the answer is yes, but potentially we cannot double count, or monetise, the same inventory.
ST: ls the MOU with iMass showing signs of developing into something more concrete. As we know, an MOU is merely an understanding on how you will cooperate with each other. How will this relationship benefit Supply@ME moving forward?
AZ: The MOU is a concrete document that foresees concrete tasks, and right now we are working on giving you more details. We are working with the iMass structure, 2 local banks, and a very important partner that is managing the Sharia assessment in order to foster a new Sharia asset class, that underlines the inventory monetisation process, so the inventories. So we are in an operating phase, and just had the MOU signed. It was a very concrete document, with very clear tasks that we are achieving.
ST: So it’s more than a business plan, it’s something a bit more intense?
AZ: Correct.
PART 1/5
Share Talk (ST): Can you provide an indication when the re-marketeer platform is due to be up and running?
Alessandro Zamboni (AZ): Sure. Firstly I think it is important to understand our model in relation to the re-marketing activities. Because right now, the re-marketers task and systems are on air. For each of the companies that Supply@ME get on board and analyse, the vehicles sign a re-marketing agreement in order to hedge, to mitigate all the unsold risk, all the commercial and price risk, related to their inventories, in order to foster for the investors, the funders, a note with a low risk note, with a very strong credit announcement. So, the answer is we are on air, it is ready, and you know that we are working. We have two layers on re-marketers. One are the commercial marketers. The second one is an agreement with Gordon Brothers, that are cross-border, very important, disposition players.
ST: Does the owner company set up some form of discretionary trust arrangement with Supply@ME as beneficial owner that allows Supply@ME to take the benefit of the inventory as collateral/security for the issue of the bonds?
AZ: Yes, again it is important that investors, and friends, understand our model because Supply@ME is a FinTech platform, and accordingly, Supply@ME has no risk on their balance sheet. The inventories, and the risk related to the inventories, are segregated in vehicles, and consequently, the ownership is collateralised in the underlying of the sequential notes. It is very important, in order to distinguish our intuitive that it is service driven, a service driven initiative, for instance, compared to a bank that has risk on its balance sheet.
ST: So you are just getting fees for what you do, and that’s it?
AZ: Exactly!