Member Info for wozzer70

I personally think DA conducted themselves in completely the wrong manner. Trying to strike fear in to investors is not how you go about things.
There are certain channels one can go down to resolve any issues you might have. I certainly don't think a public BB chat board is the correct place to be doing what they did. It's disrespectful to all invested here.
I hope now we can all move on and just let the lawyers deal with it now and bring justice to those involved in any wrong doings against syme.

Hi weather geek, I respect very much yourself coming back on here to give your versions of the recent and most appalling events on this BB. I and I'm sure the rest of the board who know of you highly respect everything you have brought to this board. The knowledge and research you have done here is truly remarkable. You will always be seen as highly respected member here. I hope you can continue posting on here along with savvy and punter who also are highly valued members who go that extra mile covering all corners with there research.
I understand completely weather geek why you didn't want to get involved with these recent negative events against syme. I thought they might single you out as some would see you as being the most knowledgeable here.
Hopefully legal action can now be brought against all those involved and we can all return back to sharing research and having much more constructive discussions.
Respect to you.
Wozzer

I hope this also gives those losing confidence more confidence going forward.
Over and out!! I'm off now, been on here far to long for me today.
Enjoy your Sunday.
Cheers
Wozzer

So I wrote again to AZ yesterday with my concerns of all the unjustified posts from derampers, as enough was enough of all the nonsense being post.
AZ was kind enough to reply, his response only gives me even more confidence in my investment here.
Read in to it what you will as though I would share as its certainly not insider information.

AZ replied....
we know these boards, and you should know that, as in the past, there were derampers/ detractors, ….(also via different accounts…).



The Company can obviously ensure that what announced is true (each announcements is earlier checked by lawyers, advisers, …).



I think investors:

should be happy that the CEO is the main shareholder of the Company
should be happy that the CEO and the other Directors have a strong relationship with Financial Services Industries and Fintech
should continue to do research, write us re the our business model, etc. (you know we are happy to reply – it’s the reason because sometimes I directly replied to investors).


Let me know if I can reassure furthermore.

I like your strategy Sam. :))
Glwyi to, all the foundations are being put in place for syme to what see to explode.
Keep on top of your research, as you say we're moving along at a fast pace.
I certainly wouldn't want to be out of this share going in to 2021. :-)

Hi Sam, your welcome, always a pleasure. All that unjustified biggest load of crap posted from derampers will hopefully now bring some justified penalties to those all involved.
Nothing has changed with what all investors already know of syme. I would only say that for syme the only way is up from here on.
Hopefully some of my other shares will come in to fruition soon so I can add even more here.

Hi sorry I normally do add the link with a description. My purpose this time was to drown out all the negative chat from early this morning, as I see it as utter garbage and very misguided.
Here is the link you requested
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/929500

Dependent on the forecasting, current income statements, new ventures, demand, and present notes, Supply@ME is on track for a rocket increase in 2021. If Supply@ME is regarded as a pure service provider, and part ICT (information and communications technology) company, a part asset manager overseeing investments of stock on behalf of the funders, then there's absolutely not any indicator of a slowdown when seeing the requirement for the service given by this fintech innovator.

Supply@Me said it has a pipeline of client companies worth €555m (Dh2.4 billion), which it expects to monetise once inventory funding is secured. It expects to issue its first securitised notes by the end of this year.

Supply@Me’s initial focus has been on Europe, but it said the agreement with iMass paves the way for a rollout across the Middle East. iMass was founded in 2007 by Mr AlMass, who is a board member of Taqa, healthcare insurer Daman and Saudi Enaya Cooperative Insurance.

iMass has carried out analysis of the UAE market that estimates there is the potential to monetise up to $50bn (Dh183.6bn) of imported inventory as well as $28bn of locally-produced, non-oil goods.

“We're very excited to have an opportunity to work closely with iMass and Mr Almass in the UAE," Mr Zamboni said. "Bringing such financial services professionals and their extensive network of business connections and local knowledge into partnership with us should give SYME the opportunity to launch and scale-up well in this region.”

The Company announced on 10 September 2020 that it was analysing whether to syndicate its first securitisation note across a number of investors, or work on an exclusive basis with one investment fund. Following detailed evaluation, SYME confirms that it has agreed to partner on an exclusive basis with a global investment fund (the “Investor”) whose intention is to subscribe for the whole of the first issuance and become an ongoing partner of the Company. Whilst this decision has put back slightly the date of completion of the first issuance, the opportunity to form an ongoing partnership with the Investor will provide valuable benefits to SYME, both in the short and long-term.

Supply@ME is also pleased to confirm that the Client Companies included in the first Inventory Monetisation transaction are now fully on-boarded and that the Platform continues to originate further corporate clients through its strong network of local partners and intermediaries.
The decision to work with a single funder for the first securitisation transaction is based on the following.

1. International large volume investor in credit opportunities

The Investor is a leading global alternative investment fund manager, founded in the 1980s, with a globally diversified investment portfolio valued at more than $70 billion.

It has an extensive track-record of structuring, optimizing and executing capital markets solutions across many asset classes, as well as in the development and growth of various forms of lending businesses.

2. Ongoing partnership

The Investor intends to form an ongoing partnership with Supply@ME. Its objective is to support the growth of the inventory monetisation business to achieve a significant critical mass of inventory assets held, combined with a funding track-record, such that it can explore other sources of finance at lower cost for future SYME securitisation note issues.

The Investor is also evaluating the acquisition of a minority equity participation in SYME.

As announced on 28 September, this first portfolio Inventory Monetisation is expected to have a value of approximately €300m and deliver approximately £20.5m of annual revenue into its securitisation vehicles. This is expected to generate average annual net servicing fees of £6.5m for Supply@ME.

Final negotiations, operating and regulatory tasks are proceeding well. The objective is to complete the first transaction in the coming weeks together with a scalable funding agreement that enables the Investor to increase its investment and monetise additional Client Companies that are in the pipeline.

In accordance with confidentiality agreements signed by each of the parties, a further regulatory announcement on completion will include details of the Investor.

Fintech offers abundant opportunities to monetize the digitization of financial services. From an accelerating digitalization of payments to rising banking inclusion in less developed countries, the fintech sector can offer unique innovative solutions and has the potential to revolutionize financial services globally. From this perspective, the Covid-19 crisis has only helped accelerate existing trends towards increased digitalization, and therefore acted as a catalyst for fintech.
Which Supply@me will benefit from.

Despite the coronavirus, Supply@Me is making headway. It says it has a new funding agreement with a captive bank.

“Supply@Me needs funders in order to monetise inventory,” explained Alessandro Zamboni, CEO of Supple@Me. “The demand pipeline is huge and we have been working on a strategic project to ensure unlimited funds.”

The new bank creates a funding machine for the new platform. It does not affect the balance sheet of the company but creates instead a funding partner to finance all the issuances from Supply@Me. This removes previous funding issues that investors have been historically concerned about. Supply@Me will remain independent and could potentially offer a new securitisation round, with the captive bank committed to subscribe to all the outstanding issuances, acting like a lender of last resort.

The bank can support Supply@Me Capital not only for its Italian client portfolio, but for international clients as well.

Since the big surge in August, the Supply@Me share price has come off slightly, shifting from its 52 week high of 1.1p to today’s 0.52. Note, however, that the 52 week high was back in March. Supply@Me shares fell off a cliff during the early stages of the pandemic, but seem to have rallied as activity has returned to European supply chains.

One to keep an eye on, as it is an innovative concept and we can see how this could readily plug into the existing ERP infrastructure. Hopefully we will hear more on this captive banking arrangement in weeks to come.

Where it might have an edge is in what it calls ‘inventory monetisation.’ It is trying to pioneer a securitisation scheme based on Special Purpose Vehicles that is seeking to create a new asset class, called inventory.

Inventory has value and, hypothetically, it could be securitised. At the end of the day, it is not a million miles away from the commodities market, which started out with farmers having inventory (e.g. crops) and futures contracts being used to turn that inventory (or future inventory) into something that can be traded.
Ultimately, a company can have costly, unused inventory on its premises that it might want to find another buyer for. We are living in a world where supply chains are becoming more efficient all the time, and ERP is playing a bigger role in this.

Supply@Me has an online platform that aims to leverage blockchain and innovative legal structures to help companies to source and move inventory with a much higher level of confidence. The company says its target client is a business with around €100m in revenue and that it has an average target size for each inventory monetisation of €15m.

The aim is to get banks and other firms to recommend the Supple@Me service to their end customers. At the end of June it confirmed that it has 97 such customers. In the interim results in March, it admitted that COVID had slowed expansion projections, which, given the overall global disruption to supply chains, comes as no surprise.

On the numbers, Supply@Me Capitalsaw turnover in the 12 months to 31 March of £416,000, up from £241,000 the previous year. It had a profit of £26,000. This is a small, small fintech.

So who are Supply@Me Capital (LSE:SYME) and why all the excitement back in August? This stock had a great summer, jumping from 0.05p to 0.74p. Not bad and it has become the darling of small cap investors ever since. But will it go higher?

Supply@Me is a fintech stock which has set out to be an inventory data monitoring business. It wants to make it easier for companies to manage data, be it in the ERP space, banking, smart sensors integration, or enhancing the digital workplace. These are a LOT of bases for a small company to be covering. The ERP market alone is massive.

This insider buying activity stands out for several reasons. Firstly, these are substantial transactions. Zamboni’s purchases, in particular, are very large, both from a nominal and relative perspective. They have increased the size of his holding by 37%.

Secondly, it’s encouraging that both the CEO and the Chairman have purchased shares. Multiple insiders buying is generally a positive development.

In August, we observed several interesting insider purchases at Supply@ME Capital. On 17 August, CEO Alessandro Zamboni purchased 1.63bn SYME shares at a price of 0.6756p per share. Then, on 19 August, Chairman Dominic White purchased 220m shares at a price of 0.7000p per share. Finally, on 27 August, Zamboni purchased another 660m shares at a price of 0.6945p per share. Overall, these insiders spent around £17 million on Supply@ME stock.
Research shows that following insider buying in small-cap firms tends to be a more profitable strategy than following insider buying in larger firms. Smaller companies are less researched than larger companies, meaning that they offer greater potential for ‘surprises’ that can lead to a better performance.

FINTECH BOSS BUYS £11M OF SHARES
The biggest transaction involves fintech business Supply@Me Capital (SYME) and its chief executive Alessandro Zamboni, who bought £11 million worth of shares at 0.68p each.

Supply@ME Capital is an early-stage fintech company that offers businesses a platform to monetise their inventory and improve their working capital position by generating cash flow.

https://youtu.be/mGrSYK-R8Tk

https://youtu.be/zXIol68t3To

https://youtu.be/UXXCy5oK_Uk

https://youtu.be/5BS8wSOiHVQ

https://youtu.be/RNjb1hn_3jw

https://www.youtube.com/playlist?list=PLnk_WM-WosgXyHPhpL-7_lPrHrfmQpkTF

https://youtu.be/oNsB1YQ6i0M

https://youtu.be/Cz_iUMSYXVo

https://youtu.be/J4oM7Y86Wq8

https://youtu.be/_klyojMC1bE

Supply@ME Capital PLC (LON:SYME) said it has partnered with a European bank and iMass Investments to launch a Shariah-compliant version of its inventory monetisation platform. The bank, which is a specialist in Shariah funding, has confirmed that SYME’s platform is compliant with Shariah rules from both an inventory funding and client company perspective and together with iMass has agreed to support SYME through the formal authorisation process. iMass is a direct investor in companies and commercial projects in the EMEA region and became SYME’s Middle Eastern partner In August.

Supply@ME Capital has announced that it will be opening itself up to a new portfolio of investors as it is launching a Shari’a compliant version of its inventory monetization platform.

In a collaboration between one of Europeans ‘largest banking groups’ alongside iMass Investments, SYME’s platform will now open itself to over 300 banks and 250 mutual funds that comply with Shari’a principles.

Between the three parties, they will be looking to complete the Shar’ia authorisation process, manage on-boarding of initial portfolio companies and enable the partnership bank to raise capital through the distribution of compliant notes or certificates issued by the SYME platform.

The deadline for authorisation process has been set for the end of this year with the first compliant transaction expected early next year.

Upon the news, SYME’s share price jumped by nearly 10 percent to 0.46p before cooling a little to 0.42p.