Massively exciting year ahead, we are all in for future earnings and figures and looking at AZ's answers today, things are really starting to look good.
Excited to say the least ... looks like things have been moving forward fast :)
GLA
Parm
You say
The 40-50m though is simply their 'target' ceiling of what the high end the portfolio may be as this is their risk ceiling!
Where does AZ say that this is the ceiling?
I read
our cap means we look for client companies with Eur40-50mn worth of inventory to be monetised.
I didnt see no maximum or ceiling as you put it?
Unless of course you just completely made that part up?
Read carefully
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 this is bigger than I originally read ..
AZ mentions each team member and they currently have 15 employees (team members) directly after several contractors (team members) look how it's been worded :)
That 375 companies is now starting to look conservative, later on when I have time I'm going use the several contractors as 5 team members and put my figures up @ 1.5%
Now these figures will blow your minds
Saavy6 was on here with conservative figures that I thought were huge, they really were conservative :)
Read carefully
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 25 clients per team member, SYME have 15 employees and several contractors, so I was being conservative earlier but im going to say AZ is saying the contractor's are 'team members' so 15 employees and the other contractors means 375 might now be very conservative if you read into the wording a little more.
So 25 clients per the 15 employees (team members) several contractors (team members) 375 is now looking conservative?
I love exactly how AZ has said it
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).
That is the biggest hint I think AZ has given away, oh apart from the companies being targeted are alot higher than the previous average.
Now providing they are all part of the same team I am going to take that as 15 x 25 = 375
We now know that AZ is looking for companies with 40 - €50m, I think this number is alot higher due to demand.
Less companies with higher inventory, you get to the same point (higher revenue) alot quicker dealing with less companies.
Parm
Apology accepted
The figures were based on what inventory AZ is looking for
The figures of 350 is speculation on what we have to go on, might be on the high side (speculation) we simply went on what AZ is saying
I also used a margin 50% lower than what we may be getting.
I certainly did not say that was the average size contract. I simply based the figures on a conservative 1% too, certainly not ramping.
Harve
Exactly my point, cheers for pointing that out ..
Todays figures were based on directly what AZ/SYME have released today (most recent)
Parm should maybe email AZ and ask him if his projections etc are correct as that's what we are basing our figures on.
Also to note, I used the profit margin @ 50% lower than AZ mentioned it could be, and a P/E of 20 - 40 which is low for fintech.
Parm the deramper is back in town, he now doesn't believe AZ targets.
Good luck pal, no deramping here. The LTH's know and trust AZ's recent figures.
Parm
I think your struggling to read a little, who said it was the average size contract?
The figures were based on the target inventory AZ is looking for ...
our cap means we look for client companies with Eur40-50mn worth of inventory to be monetised.
Also how many companies each employee envisages ...
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 I'll put it in more simple words as I know you struggle and always look for an argument Parm.
The figures were based on the targets used by each employee (AZ's words) and the inventory AZ is looking for.
Maybe you should email AZ Parm and ask him if his figures and targets are correct, we based our numbers on those.
Just saying I believe AZ and the teams answers.
So I based my figures on those.
ATB
So now it is there in black and white from SYME, I used the figures provided by AZ target companies per employee and AZ's figures of the size they are targeting.
I also used a profit margin of 1% instead of the 1.5%, my figures are 50% lower, but yet again a few derampers are on calling AZ a ramper.
AZ and SYME's most recent figures.
I know who I believe
Good luck all
People are now calling AZ a ramper ..
His answer to the question was
In the past, we have had the opportunity to consider a transaction with a client that had inventory worth Eur150mn. Now, pursuant to the concentration limit of our risk mitigation policy, our cap means we look for client companies with Eur40-50mn worth of inventory to be monetised.
He also states his plan
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).
These were AZ's words so the figures were based on this, amazes me how people call this ramping.
Yes that's just getting started, to note aswell expect another 50% on top of those figures as I have used net profit at 1% when we will/should be seeing 1.5%
I have done all the figures in £ and I think they may of been said in € but I used the lower end of the scale
Doctor
All good buddy, yes to be honest i dont think we will get clients names unless (like you said) they can make a deal and disclose it for marketing purposes etc.
Where you say
'Put it in a more another way, If you took a £25k loan from HSBC, would HSBC publicise your name and how much you borrowed to the public??????'
I think a totally different scenario though, as for 1 it's not a loan and the reason the name of the company IM will not be disclosed is more because they will have a competitive edge over competitor's.
ALB
Evening all
Absolute fantastic to be back up and trading now and I'm sure AZ and the team have done great things and used their time wisely.
Lots of news which is now over due so I'd expect a rollout of news like the last lot bit with much more
Concrete facts
Companies IM
Companies on board (DD)
Funders name
Update on regions
Forecasts/targets
It feels like it's been a long time in suspension, but I have faith that SYME is going to be an absolute game changer.
Good luck all, and come on AZ, ARE WE READY TO FLY YET :)