The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
https://twitter.com/supplymecapital/status/1347269076855513088?s=21
@sharabel, well I think it’s finally coming right at syme, I think it will be a slow burner tho, not like this rocket.
@david I just can’t get my head around pharma/bio/ COVID stocks.
Gla
£1 party tomorrow in your own home. Lol
@wigs95, these are out of date numbers, year end report in Jan which should show increased profit
And anyway we are all looking forward to a PEG r.atio being applied ; to wait for the financials you will have missed the boat
From 30/11 RNS. Last paragraph Is key
i) Open Funding
The first Open Funding transaction is the inventory-backed securitisation note programme, managed by StormHarbour Securities LLP.
This securitisation issuance is now in its final phase. During November, many of the key issuance processes were either completed or have progressed to their final stages, including:
· engagement of a specialist inventory analyst to run a final examination of the inventory before monetisation takes place,
· extensive work by the legal team Gatti Pavesi Bianchi[1] to finalise the transaction package,
· agreements with the Inventory funder have successfully completed relating to the inventory reporting processes and the business continuity plan relating to the Platform,
· design of a new fast-track procedure to accelerate the due diligence process of Client Companies, which may increase the number of corporates monetised in the first transaction,
· the final terms of the note subscription, which are expected to be agreed in the coming days and will be announced separately.
The objective of this crucial period of work by all Parties is to deliver the first transaction and create an entirely new Inventory Monetisation asset class that reflects best practice principles established in the securitisation market. It will therefore be a repeatable and scalable investment product for subsequent rounds of securitisation.
Upon completion, expected before the Year-end, the Company will disclose the detail of the securitisation transaction and Inventory funding partner.
@30jp, good numbers
1% profit is key to calcs of sp
Last RNS update we had £1.92b IM
So nearly £20m profit
I believe the p/e will be 45 as I think AZ has eluded to this ( could be wrong)
If not then I think we are actually running at 45 per now if we say the £300m SH deal is done
This gives us an sp of 3-3.5p right now. !!!!!!
Pure speculation on how many more cLIENTS or IM have been on boarded since NOv
Ps so much fun asker typing on iPad than iPhone or firing up the laptop lolol