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SMK Samarkand Group PLC

2.50
0.00 (0.00%)
23 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Samarkand Group PLC AQSE:SMK Aquis Stock Exchange Ordinary Share GB00BLH1QT30
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.50 0.00 15:29:50
Bid Price Offer Price High Price Low Price Open Price
1.00 3.00 2.50 2.00 2.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 2.50 GBX

Samarkand (SMK) Latest News

Samarkand (SMK) Discussions and Chat

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Posted at 17/4/2023 12:51 by strollingmolby
Thanks for flagging it, jimbren. This trading update sounds like a step in the right direction, but we'll have to wait to see how the new financial year has started - I note they say FY24 is expected to be in-line with market expectations... Last year they posted another Trading Update in July, with FY Results reported in September, so hopefully the news flow will see some interest in the shares.
Posted at 08/12/2022 14:21 by strollingmolby
I missed SMK's release of their FY22 results to 31 March. Apparently these are highlights, culminating in a loss of £6.2m:

FY22 Financial highlights:

- Revenue excluding exceptional revenues increased by 11.9% to £16.6m (2021: £14.8m), and over the two-year period increased by 142% (2020: £6.8m)
- Nomad Technology revenue increased 17.6% to £7.5m (2021: £6.4m)
- Brand Ownership revenues increased 28.2% to £4.5m (2021: £3.5m)
- Distribution revenues decreased by 8.0% to £4.5m (2021: £4.8m)
- Gross margin, excluding exceptional revenue, decreased from 62% to 50%
- Adjusted EBITDA loss increased to £6.2m (2021: £0.4m)
- Operating loss after taxation increased to £7.7m (2021: profit £0.4m)
Posted at 23/9/2021 15:45 by strollingmolby
I see SMK presented at a Technology Summit on Tuesday 21st
Posted at 04/8/2021 09:01 by tomps2
Samarkand Global #SMK full-year 2021 analyst presentation. David Hampstead, CEO and Eva Hang, CFO outline the business following the IPO on Aquis Exchange earlier this year and elaborate on the full-year 2021 results. A comprehensive overview of what Samarkand offers their customers; their markets and all the moving parts of the last year, including CV-19, Chinese regulation and a very dynamic Chinese market and their acquisitions and acquisition strategy.

Video:


Podcast:
Posted at 27/5/2021 10:22 by someuwin
Big piece in today's Shares Mag on SMK. Looks an interesting business
Posted at 18/5/2021 12:08 by melloteam
Just to let shareholders and prospective investors know that Samarkand and The Property Franchise Group PLC will be presenting at Mello Events webinar event on Monday 24th May at 6pm-9:30pm. There will also be special insights from Michael Taylor (@shiftingshares): Using technical analysis to find trades.
There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions including the popular Mello BASH (Buy, Avoid, Sell or Hold).
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 10/5/2021 07:32 by rimau1
Strategic investment from SF Group which is the DHL of China. This could be transformational. Eye watering discount unfortunately, i suspect the £1.15 placing price was offered because SF Group couldn’t participate in the original listing (probably required govt approvals etc) so i am ok with this and will certainly add if this dips. Having SF as a shareholder helps with local government relations i suspect too as the geopolitical risk is my only worry here. I think SMK really could evolve into a global ecommerce company with a multi billion $ valuation. That is why i am here.
Posted at 07/4/2021 10:31 by chiguiro
So they've listed now on Aquis. Small volumes, but Aquis hopes to be accessible to online trading with IG, Hargreaves, AJ Bell and others in a few months time. That should improve both interest and ability to trade in SMK (and other names on that exchange).
Posted at 26/9/2003 10:01 by go han
Share figures: 61m current shares in issue divided by 5,000 would mean 12.2m shares if all entitled. However, given the 5,000 shares cut-off only 7.4m existing shares will be converted to new shares (5.14m new shares in issue less 3.67m shares placed = 1.47m new shares converted from existing shares).

Based on this, then 7.4m/12.2m = 60.6% (ie 39.4% of the existing shares disappear without converting into new shares).

How does this translate into the equivalent share price today for holders of more than 5,000 shares? Existing eligible holders get 28.6% of the new shares (1.47/5.14). If the market cap post reorganisation is based on the placing price (ie 23p x 5.14m shares) then this is 1.18m quid. 28.6% of this is 338k which equates to a current price of 0.55p based on existing 61m shares in issue or 0.91p if you only take into account the eligible shareholdings of 37m (ie 7.4m x 5,000). Erring on the safe side, I think 0.55p is the figure to look at as I can't be sure my calculations are correct. Anything more is a bonus (and a gamble).

As I said, a possible upside but not a lot given the current bid offer is now 0.45p-0.55p. All IMHO, DYOR.
Posted at 25/9/2003 21:20 by garden gnome
double6 - no offence but how about reading the RNS again and amending your thread heading - this looks like a very viable business:

This is taken from the RNS:

The new business intends to acquire rare coins of fine quality,
predominantly of UK or European origin, and over time develop a quality rare coin collection. The business can operate with low administrative costs which can be met through trading some of the collection to generate operating profits. Parts of the collection would be held as an investment over the long term or for a shorter period should a suitable offer be received. Interest income will
be generated from cash reserves to further cover administrative costs. With no long-term debt in the Company, the rare coin collection will serve to provide the Company with a tangible asset backing.
The directors and the proposed directors believe that the market for trading rare and antique coins is international, is significant in its size and that in terms of rare coins as a class of investment assets, it is a relatively untapped market in the UK. It is an alternative investment class to equities and property and thereby provides another form of diversification for investors. The increasing prominence of rare coins as an investment can be best illustrated by the recent auction of the Slaney collection of English coins which set a new world record for English silver coins at auction. Currently, there are very few UK quoted companies specialising in the niche business of trading and investing in rare and antique coins or other rare collectibles. The directors and proposed directors believe that investment interest in such coins has increased over recent years, partly as a result of traditional stock market investors seeking more diverse investment portfolios and partly due to other factors such as market conditions. In some cases this has led to quite significant gains in the value of private coin collections of high quality.
The rare coin and collectibles market comprises a significant number of private or professional collectors, investors, dealers and auction houses. The directors and proposed directors believe that this fragmentation of the market provides an opportunity for the Company to establish a valuable collection in coins and possibly other collectibles, grow its trading and investing activity through purchasing individual coins or entire private collections, and
potentially expand the operations of the Company by acquisitions in the sector. In addition to acquiring and trading individual rare coins, the Board may seek to acquire all or part of a particularly rare collection of coins if such collections become available to the market with a view to long term investment. The Company may also consider trading in other rare investments such as rare stamps, medals or postcards, although it intends to focus its activities on
trading and investing in rare coins.
Mr Goldbart has conditionally agreed to sell his entire private collection of fine quality, rare, antique coins to the Company upon the terms of the acquisition agreement. The consideration for this acquisition will be the allotment to Mr Goldbart of 860,869 new ordinary shares and will provide the Company with an initial portfolio of coins with which to begin trading. A valuation has been obtained from an independent specialist auctioneer and valuer, Dix Noonan Webb Limited, which demonstrates that Mr Goldbart's private
coin collection has an open market value of #198,000. Dix Noonan Webb Limited's valuation report is included in the circular to shareholders.
The Company may also consider acquiring a complementary coin dealing and/or specialist auctioneering business. However, there is resently no intention to enter into such a transaction. The directors believe that the success of the Company and the new business will depend to a high degree on the future performance of Mr Goldbart, Mr Loulakakis
and the Directors. In an effort to conserve its cash reserves during the initial development of the new business, the Company proposes to supplement the remuneration of the directors and proposed directors for performing their respective non-executive or executive duties, as the case may be, by granting options to the directors and proposed directors over New Ordinary Shares. The proposed options would be exercisable at the placing price and for a period of 3 years from the second anniversary of the date of grant. Subject to the approval of the proposals at the EGM, the Company intends to grant the following options over New Ordinary Shares:

Proposed number of
New Ordinary Shares
under option

Ian Goldbart 359,602
Dimitri Loulakakis 154,115
Roger Newton 77,057
Jasper Allen 77,057
Kean McDonald 77,057
744,888


The reorganisation comprises two elements:

* the consolidation of every 5,000 issued ordinary shares of 1p each into one ordinary share of #50; and

* the sub-division of each ordinary share of #50 into 50 New Ordinary Shares of 1p each and one Deferred Share of #49.50.

Saltmark intends to raise some 758,900 stg in a placing at 23 pence per
share in order to fund the development of the new business. The proceeds from the placing, together with the company's existing cash reserves of approximately 140,000 stg, would provide total cash resources of approximately 899,000 stg to initiate trading and investing in rare coins. Coins are big business, big money is paid for them and big gains by holders, the reason for buying is an absolute expectation, initial collection bought and being held by SMK is £198k!

With the money raised, options given to the Directors, I cannot see this as being a flash in the pan but a viable business, one with potential to become a leader in the UK market.

Edited ...........

I have spoken to several people today who have stated that they have bought into SMK, if they are truthful and I see no reason why not then their trades have not been declared. Is it possible for trades not to be shown on L2 and held over to the following day???

Tommorow could bring more buying, posibly with profits from ZYZ (some wanting to make it 3 out of 3 (CLS)), however, as in all dealings DYOR

A snippet on coins and possible prices:
Samarkand share price data is direct from the London Stock Exchange

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