Member Info for Lokiloo

Rolls Royce was once again alluded to in Italian interview.

Excuse me whilst i dance around the room at the mere thought of Rolls Royce becoming a client.

At a rate faster than 1 a day..

Jarring Investor Talk?

Ok i give up Calamari. You're welcome to your opinion on what the wording meant.

Seemed pretty obvious to me but hey ho...

Calamari..

I honestly think you guys are making something out of nothing.

SYME wouldn't have run off a list of tiny companies nobody would have heard of here for many reasons. People would no doubt have picked holes in that if they did. What SYME i have done is listed the LEADING names (led?) and yet still you're trying to pick holes in it from what i can make out.

Calamari..

Because it isn't up to SYME to dictate what Carrefour do with the money raised, perhaps?

I don't know where the 'Absolutely' at the end of my post came from, but i hadnt meant it to be there. Don't read anything into it or this BTW...

Justthefactsmam

"This portfolio comprises corporates of various sizes WHICH FORM PART OF supply chains led by the following companies."

By 'led' i presumed the list of companies that then followed were the BIGGEST names of the clients involved. Not the names of the largest members of a supply chain. The Tweet then verified the fact IMO.

If memory serves me correct SYME have stipulated they only work with companies of a certain size?

Absolutely

Calamari
If he had answered 'Yes Carrefour are a client of ours' he wouldn't have been answering the question posed.

I suggest you re-read.

'The point is AZ has used the names of large companies he doesnt have a relationship with ..'

How do you know SYME do not have a 'relationship' with those companies named?

Time will tell whether or not they want to give support .

Much is being made of this from the RNS, with confusion as to whether the named companies (Carrefour etc) are indeed the clients of SYME...

RNS "This portfolio comprises corporates of various sizes which form part of supply chains led by the following companies..."

AZ was pressed on this matter via Twitter ..

Dear @Alessan62698938
you do know Carrefour pay their suppliers AFTER they've sold goods? They have a negative working capital position. Why would they need #SYME services? I hope this wasn't an error in the update today?

It's also inconceivable to me that Carrefour would use a tiny operation like #SYME / Avantgarde when they have strong relationships with Tier 1 banks and access to very competitive finance.'

& was quick to respond...

'Dear Tim, these kind of players could support their suppliers using the inventory monetisation service across the end to end supply chain'

That AZ Tweet regarding Carrefour seems a very plausible scenario to me

'Dear Tim, these kind of players could support their suppliers using the inventory monetisation service across the end to end supply chain'

SP finished at -6% according to my AJ account.

Some decent buys coming in at close.

I don't really think it makes a lot of difference if the client isn't Carrefour. Whether it be Carrefour or not, the payment is the same & guaranteed for three years & it is on stock that is being sold.

AZ Tweeted this earlier 'Dear Tim, these kind of players could support their suppliers using the inventory monetisation service across the end to end supply chain'

Lord knows what 'investors' were expecting if they were disappointed with the RNS today.
We got names. We got figures. We got quick growth. We got great future.

Unless i've missed something...

'the EPIC fintech platform alliance announced on 4 September which has delivered 19 Client companies into the Inventory Monetisation programme'

So, in the 15 working days since the alliance was announced there are already 19 new clients.

Sorry, just thinking out loud & trying to work out what the supposed negatives are from todays RNS..

'A GLOBAL LEADER and the reference in food retail, Carrefour operates more than 12,000 stores in more than 30 countries.'

& a CONFIRMED customer.

Comprende?

Savvy, i too post little but read a fair bit & always appreciate your posts.

Don't let them grind you down, stay & fight man you are a GREAT source of knowledge to us lesser folk.