Member Info for Peakhope

Mick2 - good point to make
With the sace initiative backing the funders upto 80% of the funding there will be no shortage of funders wishing to reduce their risk - more importantly the new omnicom variant may see the sace agreement extended - this whole covid pandemic will be around for a few years yet with different mutations materialising - supply chains moving from just in time to just in case has never been more necessary - 2021 all the groundwork done - 2022 is looking like the syme year IMO

While the SACE guarantee initiative has delayed the first IM transaction, it has contributed to an increase of the Group's pipeline of inventory funding streams and the associated pipeline of Inventory Funders.

Directors cannot buy at the moment as they are in possession of market sensitive info - once the 1st IM is done they can and will be buying !! 1st ever IM of its kind is on its way eoy or 1st Q 2022

Read the RNS properly -this is NOT a new issue and des not relate to syme current business and financial status - this is Jim Coyle doing what he was hired to do - tidy up the loose ends prior to launch - I will as always be buying the dips !!

The Company was incorporated in 2000, listed on AIM in 2006, and, for the first 18 years of its existence was undertaking operations in an unrelated sector to the Company's current business;

· In 2019, the Company disposed of its then undertaking to become an AIM listed cash shell under the name Abal Group plc before undertaking a reverse takeover of Supply@ME Srl and listing on the London Stock Exchange's Main Market in March 2020;

· The position of both its share capital and net assets derives principally from operational results and corporate transactions undertaken prior to the Company becoming Supply@ME Capital plc, and before any of the current directors were appointed to the Board;

· This is not a new issue which has arisen since the publication of the annual financial statements for the year ended 31 December 2020.

Fint69 - no problem with pm on Twitter :)

Bernardo - I also owe you an apology as well I thought you were taking the pee earlier and thought I would add my own pee taking - but your latest post suggests to me you may be genuine - I’m not into the whole squabbling thing and can only post how I see things after much research
( not much of my own I have to be honest ) I work full time and only have the opportunity to visit the bb in the evenings and weekends - I have shared the pain but remain very positive and have embraced the research others have been kind enough to share - people like Savvy , Apunter to name but a few - genuine LTH deserve to be rewarded not just for holding for a while but for having the ability to understand the business model and being realistic with timescales - that said I do think the sp will move up sharply on poc 1st IM and completion of FB before moving to a steady upward trend based on income revenue - all IMO
Best wishes all LTH

Luchasi - your right I should have looked at your previous posts - apologies if I have offended you - it’s been tough for all of us - watching the sp fall is tough enough without the negatives constant bashing us - we don’t need to be negative ourselves - I am a positive person by nature which as probably served me well with syme - I also have built my holding over a year adding small amounts when and as I can afford to do so - I’ve never had a big pot of money to throw in so it probably feels different for me not throwing a big chunk in - I’m not relying on syme for Xmas or for income - I think we are most definitely on the same page and want to see a successful outcome and we are all individuals and as such have our unique way of dealing with the stress that comes with investing . ATB

Posters who focus only on today’s sp loss and ask others to quantify it only look at short term prospects - the CLNs will be be gone very quickly and will be seen for what they are - a financial tool - syme will be the market leaders “ in transit “ “ in warehouse” - “ white labelling “ and “ end to end “ Tradeflow are the only company in the world that can offer the aforementioned above !
The Acquisition of 10% of the FB will not only guarantee funds going forward but will be another income stream for syme !!

Just a little reminder we are expecting some revenue from IMs in the current financial year although smaller the importance of this should not be under estimated POC and of funders including a separate funder for UK - it appears we are in the process of selecting funders for different regions - we should focus on syme and not on individuals on this BB - individuals on this bb will have no impact on symes ability to deliver or the sp !!

Taken from RNS 11th Nov 2021

Note - a further inventory funder focussing on UK in order to speed up the 1st UK IM !!

A further Inventory Funder, specialising in asset evaluation, lending and disposal, which was included in SYME's previous guidance, has recently proposed to focus its first IM activities to companies in the UK market, in order to speed up the signing of the agreement between parties. In this regard, the Company and this Inventory Funder are currently negotiating a dedicated term sheet with their first IM transaction expected in 2022.

Taken from RNS 11th Nov 2021
Note - increased inventory funders - syme working with the Italian government - syme rolling out further IMs with some of the main Italian banks !!

While the SACE guarantee initiative has delayed the first IM transaction, it has contributed to an increase of the Group's pipeline of inventory funding streams and the associated pipeline of Inventory Funders.

*SYME announced it was working with SACE Guarantee Italia, an Italian government scheme introduced in response to Covid-19 to help companies improve their financial position, in the Interim Results Statement, published via RNS on 30 September 2021.

Following the expected successful completion of this first IM transaction, the Board of Directors expects to roll-out further transactions with some of the main Italian banks.

Taken from RNS 11th November 2021

Note the last four lines - recognised in the current financial year - although the revised revenue guidance did not go down well - when you revisit it there’s a lot of info in there some may have overlooked !!

One of the Inventory Funders expected to participate in the first IM transaction before the end of the current year and identified as the "Fintech Bank" in the RNS of 29 June 2021, has now chosen to take advantage of the SACE Guarantee Italia* in selecting the initial portfolio of companies for the first IM transaction. This has resulted in some delays in identifying eligible companies, with a SACE guarantee available to them, and packaging the first portfolio for monetisation. This portfolio, which together will form the inaugural IM transaction, is also smaller than previously anticipated, both in terms of the number of client companies and the value of inventory to be monetised at the stage. As such, the revised revenues expected to be recognised in the current financial year will reflect these factors.

Taken from RNS 23rd Nov 2021
We are nearly there and AZ is starting to deliver !

SYME Chief Executive, Alessandro Zamboni, said: "I am delighted we have reached a point in our journey to launching a Shariah-compliant product where we can announce the highly experienced specialist we have found in ISPB Morval. After many months of hard work, we have aligned the core components of the first inventory monetisation transactions in the MENA region - a strong pipeline of clients and a well-connected bank which will leverage the preliminary approvals got from the Shariah scholar board. I look forward to working with the impressive roster of client companies to bring our long-awaited Inventory Monetisation platform to the Islamic Finance market."

Unfortunately it seems to be the way of the world - superior attitudes and big egos - claiming to be trading syme shares and doing well from it - bashing the company that he claims to be making money from trading it - no moral compass - nothing wrong with trading but there’s the agenda for you !!

Consolidation may come into play when we are nearer to Nasdaq listing !

Johnbri4 - truth is no one knows who’s genuine and who isn’t - I’m old school and tend to think people won’t lie and will be honest and genuine - truth is it’s a sign of the times unfortunately and it’s not easy to trust so easily these days - I have to say it’s made me more cynical the more I come on this bb - DA saga to name but one 100s of non invested posters constantly posting negatives over and over again - throw enough mud and some of it will stick type tactics - where we may differ is I think it will recover rapidly to a place where every investor is seeing blue .80 / 1p however I do think the acceleration made be a little slower than I 1st thought but as I’m in for at least 3 years I’m expecting a good return on my investment .
Best wishes all LTH

Stevierayv - we all have to start somewhere and there’s an awful lot to take in - the model is not easy to understand - my 1st 2 posts I was called a 2 post idiot lol still an idiot just got more posts !

Stevierayv - my apologies I jumped the gone - I have had it confirmed from a mutual friend you are indeed genuine - my mistake - welcome

If you think he’s genuine god help us lol

Green boxes are slowly being lowered into the ground !

Hughez - great reminder of what’s to come - we also need reminding of the overlooked benefits the syme model delivers - it helps SME’s to access funds in order to grow and expand which in turn creates jobs and helps expand and empower people globally !!