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R4e has many potential synergies for a PR company so a natural fit it seems to me. And with alleged 12million in cash being able to be be bought for a third makes it an intoxicating proposition. The delisting RNS might turn out to be a whistle in the wind and maybe delisting won’t happen. Remember, they need 75% of shareholders to agree...

I’ve said all along that the moment the company confirms that the first transactions a have taken place then this one rises in price rather quickly. As a fintech , the company will most likely get big VC firms Stateside piling in thus driving the mcap northwards. It’s just a question of being patient whilst this happens.

Same here inthegame. No reason to bail on this one, it’s just the market being the market. Soon as news drops, any news regarding trading, then this one gets going.
I’ve posted already my thoughts from people very close to the company that Stormharbour haven’t covered themselves in glory but the board have taken that in to account and are now working hard on an alternative route to market for the securitisation notes.
The recent appointments are a definite marker for me too, shows the company is future pacing and getting its framework in palace for when things really kick off.
10x the current share price and we will still be very much under the radar to the rest of the market.
Fintech venture capitalists I’m sure are keeping an eye on this for the moment it’s proven/announced the business model is working.

I’d say we can expect an update in next week or so on how Stormharbour have been doing on the securitisation notes, if the company has alternatives should SH not be up to scratch and a soothing tone to ensure the market stays positive on this.

Couple that with the Synairgen rise too, it’s not been a bad week for AIM.

Every possibility of that happening, with the right RNS.

As me a couple of days ago, things are gain the background.
The board know full well the share price is nowhere where it should be but, and however frustrating it is for us lot on this side of the wall, are slightly reticent to release any RNS until they have a definite assured way forward.
Reasons:
Covid hit meaning placing price was impacted severely.
Stormharbour were appointed to make a market for the securitisation notes, which they haven’t been overly successful with.
The board recognise that a viable business model is what will get this share going so are currently weighing up various options on how to get investors for the notes.
There is no issue with getting inventory secured, in fact there’s well over a billion euros worth waiting to be securitised.
As has been said a number of times on this forum and other places, once the business model is proven, i.e buyers for the first notes, then we are up and running.
In the first instance though, a robust and confidence boosting RNS telling the market where the company is in the process would be helpful.

My findings through chatting to various folks close to the company are that the board aren’t enamoured with Stormharbour’s attempt to make a market for the securitisation notes, partly due to timing, what with Covid etc. The returns they’re offering aren’t enticing to or exciting the investors they’ve approached thus far, hence why word is that the BOD are now seeking alternative outlets and institutions for the notes, with some big hitters in their sights.
They are VERY aware the share price has dropped like a stone and us lot aren’t best pleased with that so are looking to put something out to market in the next week or two to steady nerves and give a clearer picture of the way forward.
We all know that on paper this could be massive, but we need the confidence that the business model works. Once that is confirmed we are off and running and we won’t look back at the share price at current levels.

An RNS telling us, in effect, what a rubbish job stormharbour are doing is imminent. No one can fault the board if they are actively seeking out other investors for the notes. They came to market at probably the worst time imaginable, no one foresaw the economic destruction Covid and government decisions would wreak.
If I were the board, an update saying “you know what investors, we screwed up on the choice of note seller. We’ve had a rethink and we now have a more viable alternative plan, stick with us.” would help allay the fears of the market and calm a few nerves.
The product they have, I’ve heard it said, is like an Uber for commercial finance, filling a gap in the finance pie.

The fact they are getting finance to fund the reverse takeover says that this has got prospects. If there are any concerns, they’re around how much of an impact on the share price when shares are unsuspended. When that is, I’d hazard a guess sometime in next 6-8 weeks. Finance doesn’t grow on trees but the purchase deal is in place.

The company had to put out the accounts yesterday to comply with listing regulations. When push comes to shove, it applies to literally a month of SupplyMe and the rest to the previous entity.
So nothing fundamentally has changed.
As for the 224mn write down, that is an accounting exercise.
What shareholders would really like to see now is positive RNSs regarding maybe new key staff coming in and an update on how the securitisation placing sales are going.
That would give renewed confidence in what could be a massive company that potentially fills a greatly underserved area of the corporate and commercial finance jigsaw, mainly monetising value in stock/inventory that otherwise is just dead money.
If the model works, which it should once people/investors are comfortable with the asset class, then this thing is global.

There were rumours earlier in the day that the RNS would come today. Important thing is, the company is clean from an accounting perspective, losses booked, revenues started, plan set out for the year ahead. There isn’t a business on earth that hasn’t been affected one way or the other with covid19, syme is no exception. So the slight delay in the bigger picture is no great shakes.
Share price should rise now things are operational and find a new point higher than its current level.

No doubt about it, there are loads of dreamers in these boards. My opinion is based on experience of the fintech space as well as a nod from people you’d expect to know these things. The placing price, valuing the company at pushing half a billion was ambitious without any evidence the model works. However, as is often the case in tech co’s, once the model works, then the games begin and things move rather quickly, even in a recession.

I get and appreciate everyone has their own philosophy. Some are buy and hold others are all about the churn with quick profits. There’s room for everyone.

News is coming, sooner than you think. Interim results literally imminent, plus an update on the securitisation pleadings. As soon as we know the business model works, this will really start to motor and repay our and other holders’ faith. Won’t need any of the ramping crowd to get busy, there’ll be bigger fish that’ll want this one. I wouldn’t be surprised if the price goes close to placing figure in the next six months, with a definite hike in the meanwhile. The model’s time is now.

There will be news very soon. And if the securitisation placing has gone well in any way, then we could be on to something rather good

Think we will get news in next day or so and be nicely surprised.

We just stay positive on this one. When the first raft of securitisation notes are sold it will prove the business model works and open the floodgates. There are literally thousands of companies throughout Europe sat on inventory which is right now essentially dead money. SupplyMe will be a knight in shining armour to these companies who are desperate for working capital.
Don’t be surprised if the note sale goes well and the revenues of SYME to beat the forecast.
If the model works here in Europe it’ll work worldwide, regulatory approval permitting.
As a tech stock there are a ton of venture capital funds itching to get in to something like this and a 10x valuation from where we are now will seem the norm.
Potentially that could happen in mere months from now.
Of course this is only my opinion and not investment advice,??

This may help...
The meeting replay on the NERSA twitter account
https://twitter.com/NERSA_ZA?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

True. The sea of red will panic amateurs and penny pinchers. Hold firm and it’ll creep up again. The fundamentals of this business are just too strong. It was cheap at 30p, it’s a giveaway at this price.