I did say I'd put my non conservative figures up, for anybody who missed it yesterday, and to drown out certain noise here they are :
So we all now know how many client companys each 'team member' is targeting = 25
15 employees = 375 companies
Also several contractors (team members) I'm going to use several as 5 (could me more or less)
5 = 125 companies
375 + 125 = 500
So now I'm going to put some figures up as AZ has give us these numbers, he did not mention they were future numbers so we could be hopful these are the target (new numbers) for 1st securitisation.
Also I'm going to use AZ's previous figures (lower) but there are hints his targeting bigger inventory now.
500 companies at £12m = £6b
Net profit 1.5% = £90m
P/e 20 sp = 5.6p ish
P/e 30 = 8.4pish
P/e 40 = 11.25pish
This are just sums based on some of the figures we could typically see, based on the amount of companies each 'team member' is targeting, yes the argument could be it could be less, but then the same argument could be they have secured more, exactly with the average transaction size.
This is ready to 'FLY'
Some great discussion over the last few day and the board seems to be back at a level playing field.
The board is a breath of fresh air atm, I for 1 am really excited not just about the next few weeks but for the rest of this year for a start, feel like this long hard journey so far is about to get a whole lot easier.
Good luck to all holders here 'READY TO FLY'
Marley
JR has just hit the nail on the head, its definitely not to early and literally could land at anytime, personally if it lands Monday morning and its huge, I'll be over the moon as we will most likely get a huge re-rate.
I'll also still be topping up, as yes we'll be paying higher but it'll also be more de-risked and the bigger picture for year end and next few years could be outstanding :) fingers crossed
So news, were happy
No news, we get our top up in at these levels
Win Win ;)
Peakhope
It's funny you say that about the trolls saying I tols you so, at 1 point if I'm being honest they were getting in my head, I wasnt around much on this board for that reason.
I myself topped up on open day and again topping up again on Monday as in my opinion the reward vs the risk improved with AZ's Q&A
Hefon
All good buddy, I enjoyed you coming back with your thoughts, I'd be more than happy with your figures and you might be absolutely correct bit also my figures are definitely a possibility too.
Absolutely agreed they could be lower but maybe higher, the 50% lower figures of mine are outstanding too.
Sorry to hear about the recent downturn on your working life, hopefully light at the end of the tunnel, if work does stay crap for you, I really do hope you find the safe haven you after at the moment in SYME so fingers crossed for you there.
Doesn't matter about how many your holding, I really do hope this works out for you and you (and all of us here) and you get through this difficult time buddy
All the best
Yes I suppose your correct, but taking on board what we are doing there are no exact figures to go on atm, so you say it's not sensible to add the contractors in as we dont know the exact number, but the realistically I did say that I'd based it on what AZ answered, regarding the '5' if you read I did also say
Also several contractors (team members) I'm going to use several as 5 (could me more or less)
5 = 125 companies
So yes it could be 1 or 10 or 20.
I also did say you could half the numbers underneath if you want to be really conservative and there still healthy.
You then go on to say
also think it is a fair point to say that just because the plan is for all 15 employees to handle 25 client companies, this doesn't make it the case as plans don't always reflect reality.
I suppose I counter argument could be they are targeting 25 but they are actually exceeding their targets.
All in all though, I appreciate your figures and both of us seem to have a vested interest, if either 1 of us are correct, well ..... HAPPY DAY'S
ATB
All well and good and those figures are good enough for me, if you are going on what AZ has said and not speculating, surely you must be adding the 75 companies EPIC were targeting in 2020, that alone would take you up to 450.
So your figures are not speculative you say, but you have added 0 on for partners/contractors from geographies like EPIC sim, I have not heard AZ say this is not happening.
ATB though, your figures are ok
Hefon
Maybe it is speculative but AZ answer was
Our business plan envisages a productivity rate of effectively one team member per 25 client companies. The Group now has 15 employees (excluding the Directors) and several contractors, across the four geographies served (UK, Italy, UAE and US).
So in AZ's answer, he uses the word team member for 25 companies not employee, then he says we have 15 employees and several contractors (team members) maybe?
So if AZ didn't want us to class them as team members, why would he of mentioned it?
He deliberately used the word team members and mentioned we have 15 employees and several contractors ... maybe speculation, let's see
Local
Yes I've seen that, cheers buddy ot is a very good read, they were the companies just EPIC sim were targeting alone, now it looks like the team members and other contractors are targeting decent numbers too.
We really could (all LTH's) hope SYME is really about to be proven and well established in it's own right.
Could be in for 1 hell of a journey just over the next few months alone :)
Good luck all
Argo
Cheers for the kind words buddy
Your absolutely correct buddy, the P/E on fintech is huge, I'm just using them low figures to be conservative and yes as were relatively new, if all goes how AZ is described, P/E in the 100's is typically standard for fintech.
Some might say P/E of 20 30 and 40 for fintech is very VERY conservative.
Well spotted ;)
Slow cheetah
Some might say its ramping, but then I looked at your previous posts ....
Very easy to say ramping but i feel i justified why i came up with these figures, they may be high but I based them on what AZ said yesterday in q and a.
I'll stick with those figures, they may be high but let's see what the 1st securitisation says.
To me your previous posts say all I need to know about how you feel about SYME, surprised you stay around and dont find a share your positive on.
ATB though
So we all now know how many client companys each 'team member' is targeting = 25
15 employees = 375 companies
Also several contractors (team members) I'm going to use several as 5 (could me more or less)
5 = 125 companies
375 + 125 = 500
So now I'm going to put some figures up as AZ has give us these numbers, he did not mention they were future numbers so we could be hopful these are the target (new numbers) for 1st securitisation.
Also I'm going to use AZ's previous figures (lower) but there are hints his targeting bigger inventory now.
500 companies at £12m = £6b
Net profit 1.5% = £90m
P/e 20 sp = 5.6p ish
P/e 30 = 8.4pish
P/e 40 = 11.25pish
This are just sums based on some of the figures we could typically see, based on the amount of companies each 'team member' is targeting, yes the argument could be it could be less, but then the same argument could be they have secured more, exactly with the average transaction size.
This is ready to 'FLY'