Member Info for Weathergeek

"They had a business plan and the volume created working capital needs. Last week, by taking on more capital, to me it flagged we are somewhere between doubling and tripling our expected 2020-21 volume. If that sucks in a few shorters, I'm all for it"

Indeed Knokke, A few of us have been pointing at the speed of acceleration.

Another £140k buy just popped up.

https://www.socialalchemist.co.uk

Jono started his journey as a key member of the early social team behind the rise of LADbible in 2015. During his early days with LADbible, Jono applied his social expertise to build an engaged community of followers whilst also taking the lead on helping brands utilise social for customer engagement. Jono’s formulaic approach allowed him to build successful campaigns whilst also being hands on with the ideation, production and distribution of award winning campaigns.

Jono’s expertise did not go unnoticed as he went on to lead the global influencer program at Red Bull in Salzburg and also apply his social first thinking for top football clubs such as Manchester City, Barcelona, Juventus and Real Madrid.

Due to the high demand for his services, Jono launched Social Alchemist in 2018 to help brands produce social first content campaigns and distribution through his engaged network of social communities.

Less than a year later, Social Alchemist was acquired by Iconic Labs and integrated into the business to help forward thinking brands adapt to the ever changing social landscape.

M&C Saatchi deal as Infotagion readers pass 2 million

https://youtu.be/HH7r3J7hwTk

Iconic Labs Plc's John Quinlan describes TheLondonEconomic deal as a game-changer

https://youtu.be/eMV5QNFYmmk

July

Iconic Labs PLC's CEO expects firm to be profitable within three months after JOE media deal

https://youtu.be/gBoc3cM8MEQ

New contract for Joe Media

https://www.proactiveinvestors.co.uk/companies/news/925885/iconic-labs-up-as-it-secures-new-contract-for-joe-media-for-the-production-and-distribution-of-bespoke-social-content-925885.html

Multinational consumer goods firm

https://www.proactiveinvestors.co.uk/companies/news/928761/proactive-news-headlines-zoetic-international-iconic-labs-loopup-group-gfinity-reneuron--928761.html

finance Update..

https://www.proactiveinvestors.co.uk/companies/news/928748/iconic-labs-rockets-on-contract-with-consumer-goods-multinational-no-need-for-finance-facility-928748.html

Did you know Icon own Social alchemist, One customer is Boohoo-man. Tik Tok also
https://www.socialalchemist.co.uk/boohoo-man

That's the bulk of them done. BUY territory.

Quite outdated too. Anyone fancy making a better one haha

I'd rather read that than.

"they've been selling their shares and doing a runner"

What they are doing is perfectly legal and is helping the business grow. It's a team of finance experts. Most can't grasp it but it's genius to me.

Through owning other vehicles that hold shares. SYME can loan them, which they have, and sell them, which they have to Institutions who are coming on board for funding.

This does not dilute the free float and there fore shareholders. It is diluting AZ and he is also gaining partners. Think Dragons Den. He is giving parts of the company to the right institutions.

lmao at this thread. Must be getting hard @seadoc when it comes to that.

42 years old = 23 years left till retirement.

As planned, the Company has received offers, subject to contract, from a number of large, global institutional investors, to provide funding, in the form of securitisation notes, in order to monetise more than €300m of inventory. There has been strong demand from a number of investment funds (including private equity and multilateral financial institutions supporting businesses that are promoting post COVID growth) which are individually requesting exclusivity for the securitisation notes issuance, and which are also remaining available for strategic support to the Company for the next funding rounds. The Company is currently analysing whether to syndicate this first securitisation issuance or work on an exclusive basis with one of the Funds mentioned above. Meanwhile SYME is keen to complete the signing of binding contracts with regard to the Client companies forming part of the securitisation portfolio by the end of September.

Things of this complexity aren't done quickly to please day traders.

Q. have they signed a contract yet?
A. States End of Sept for contract completion.

Q. has the first round of funding been completed?
A. First round (and further rounds) being done with II's

Q. When is the second round of funding due to begin?
A. Only answer not in RNS but I'd say, when the first one is complete.

Say 40% then to be conservative as 50 is high.

Double those share prices.

Lets say 40% profit = £80m
Current market cap = £45m
Shares of 195m in issue
Earnings per share of 40p
PE of 10 = £4 share price
PE of 20 = £8 share price
PE of 40 = £16 share price

Is it getting there @Car3y?

@Elon, Read the last RNS

-SYME had lined up investors for the Storm Harbour securities, It was to be sold in tranches to the previously announced 16 investors.
-Meanwhile they were in talks with Institutional investors.
-Those guys have said they want the whole lot, and the next round, and have bought 2.7% of SYME via investing in the directors vehicles that own SYME shares. That gives them voting rights and weight.
-SYME also have lots of new clients so they are re-assesing plans to speed up the funding and securitisation with a lot more Investors at the table, and by the looks of it, more partners.


Updates will come..

Anyone know the profit margins on that £200m estimate in sales?

I'll work it out if i can get more info.

Lets say 20% profit = £40m
Current market cap = £45m
Shares of 195m in issue
Earnings per share of 20p
PE of 10 = £2 share price
PE of 20 = £4 share price
PE of 40 = £8 share price

Or if its 10% profit you can half those. Someone mentioned Fevertree, mmm if sales like that come in. May be growth like that in the share price will be seen. All early days and thats pure projections but looks healthy.

Just putting this to the top of the board again.

Seems to be all the buzz these days "inventory financing"

You know the banks jump quickly onto new ways of making money. This sector is going to explode, SYME do it differently and the most modern way... "A new wheel"

I never believed these till I saw the pre market 300 last Monday then watched it drop 30% in the week.
A few 200's going through, yeap we know you need them!
Maybe an interesting auction..

They have always sold into rises, Watch the dodgy rats. Wait till they are out and act quickly when they are.

Just go and research AZ and the whole boards past. All are on linked in. Some serious expertise on the team.

A few recent articles from the press..

Securities update Article

https://www.structuredcreditinvestor.com/Article.asp?PUB=&ISS=25078&SID=73378&article=SYME-securitisation-underway

UAE Fin article

https://www.thenational.ae/business/economy/uae-and-international-companies-apply-for-digital-banking-licences-with-adgm-1.1075719

Unlock UAE Imass article

https://www.unlock-bc.com/news/2020-09-04/uae-imass-investments-signs-mou-with-fintech-blockchain-firm

Forbes article

https://www.forbes.com/sites/forbesfinancecouncil/2020/08/03/why-inventory-financing-could-be-crucial-for-us-importers-post-crisis-recovery/#1ef58f7247a0

New concept. This is not lending, it is a new way of inventory financing where the stock is bought.
Key difference being the balance sheet stays clear of debt and working capital is raised.
Service business, no loans are carried on SYME's book.
2% fee in revenue.
1% Profit.
Minimum contract 3 years
Paid via annual fee paid upfront
Opportunity to increase inventory in 3 year period.
Minimum inventory £5m so minimum revenue £100k (2% of 5m) per client
Average inventory £13 so average revenue £260k (2% of 13m) per client
Target of 50 clients per month
50x£260k average is £13m in revenue per month
Low free float %
Other shares owned by companies and vehicles owned by directors.
This way, shares can used as collateral to increase lending
Institutions can buy into vehicles without buying into SYME and stay anonymous.
Customer growth of hundreds of % in 6 months
First of many securitisation's under way.

They may be wishing that for the future, but thats a good way off!!

Buy in of 700 is not 50k for anyone, they are chatting rubbish.
The 0.05-.0.10 buys some where lucky enough have done 700-7k. Not to 50K