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ABAL Abal Group Plc

0.85
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Abal Investors - ABAL

Abal Investors - ABAL

Share Name Share Symbol Market Stock Type
Abal Group Plc ABAL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.85 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.85 0.85
more quote information »

Top Investor Posts

Top Posts
Posted at 04/3/2020 22:36 by stark industries
:)

Good luck holders as patience has paid off
Posted at 31/12/2019 20:10 by stark industries
investor(s) presentation dated Oct 23 2019
Supply@me meets the investors
Posted at 31/12/2019 19:51 by stark industries
4 Non-Bank Players Taking on Europe’s Inventory Financing Market

Keeping in mind the background of Europe’s trade finance gap as well as the opportunities and challenges for non-bank companies looking to increase market share in Europe’s inventory financing space, here are four non-bank players making waves in Europe’s inventory financing market.

Supply@ME: Supply@ME is a platform for connecting companies looking for inventory financing with investors looking for an alternative and higher-yield investing opportunities. A subsidiary of the Italian financial services company the AvantGarde Group, Supply@ME uses the latest in cutting-edge technology – including ERP integration, blockchain smart contracts, and Internet of Things (IoT) – to analyze and monitor a company’s inventory, present the information in a consistent & understandable manner to potential investors, and manage residual risk.

TraxPay: While many FinTech players seek to directly challenge the banks’ entrenched dominance in the supply chain financing market, TraxPay offers a more collaborative solution. Its platform connects with buyers’ ERP systems, allowing suppliers to view much more detailed information than they would be able to on a standard invoice. TraxPay lets buyers offer their suppliers dynamic discounting and conditional payments (secured by blockchain smart contracts) to improve their liquidity and working capital management. TraxPay also partners directly with banks, offering them higher clarity into suppliers’ businesses, allowing them to offer additional financing solutions – including inventory financing.

Demica: An established non-bank player in the working capital solutions space, Demica’s primary clientele comprises large corporates doing over $250 million in annual revenue. Because of the size of its customers, Demica offers a more bespoke service complete with advisory, which is more reminiscent of a private placement rather than a public auction. On top of that, the company also licenses its platform to third parties, including banks and other financial institutions. While its offerings tend to be of the more traditional variety (invoice and receivables factoring), it recently moved into inventory financing.
Hitachi Capital (UK): The European subsidiary of the Japanese financial conglomerate Hitachi Capital Corporation, Hitachi Capital (UK), offers comprehensive financial products that cover both retail and commercial – including inventory financing. While Hitachi Capital (UK) is by no means a FinTech startup, it is still growing its European presence, and inventory financing remains a small part of the overall business.
Posted at 21/12/2019 21:42 by stark industries
Business Developer at The AvantGarde Group
the AvantGarde Group
Feb 2019 – Present11 months

Milan Area, Italy



As business developer I create significant partnerships with the corporate world and cross selling operations. Working closely a team of treasury services and legal experts we aim to create an excellent customer experience.

Supply@Me is the AvantGarde inventory monetization fintech fund. Thanks to a consignment stock legal framework and a innovative blockchain platform, medium and large corporates are able to create finance through the sale of the inventory.

Our service brings together banks, private equity and debt funds and professional investors with corporates by offering to them alternative investment tools.

Since January 2019 Supply@Me has grown adding 500M of contracts value. The aim for this year is to bring the value to 1BN euros, working with a wide network of experience professionals such a CFA, consulting firms, banks and insurance firms.

hxxps://it.linkedin.com/in/eduardo-revolo-770324162

500 million worth of contracts and that was news earlier the year :)

As business developer I create significant partnerships with the corporate world and cross selling operations. Working closely a team of treasury services and legal experts we aim to create an excellent customer experience.

Supply@Me is the AvantGarde inventory monetization fintech fund. Thanks to a consignment stock legal framework and a innovative blockchain platform, medium and large corporates are able to create finance through the sale of the inventory.

Our service brings together banks, private equity and debt funds and professional investors with corporates by offering to them alternative investment tools.




Since January 2019 Supply@Me has grown adding 500M of contracts value. The aim for this year is to bring the value to 1BN euros, working with a wide network of experience professionals such a CFA, consulting firms, banks and insurance firms.
Posted at 13/11/2019 14:26 by stark industries
Ohhh I thought he was an investor SWIt really is bizarre that he was a keen holder impatient for news....and now we have the news, he seems to be having a funny moment.Right then I better put the tannoy on louder then ;-)
Posted at 13/11/2019 14:10 by stark industries
My take is.......:

Placing shares that are required for the listing and working capital will be bought in advance by 8 Capital and Partners and company insiders / institutions at the closing share price prior suspension.
On re list it will gap up to about 3p as shares will hardly be available to sideline or new investors.....so could end day above 4p plus.

This is a real growth business we're in and in a hot sector....we already have contracts worth 400 million euros and others we do not know about and the SIA partnership / rollout in Europe

We are already in business and making money and in the right place at the right time with the right partner.

So far I have connected the dots as much as one can and today my gut and insight tells me... in the very near future after relist....
One can expect this share to be trading above 50p... and that's just a start ....
Companies like this are valued at x 20 PE to x 50 PE

I'm happy to be laughed at but that's life any way....

I'm a proud share holder of Supply@ME
Posted at 13/11/2019 08:33 by stark industries
I'd expect Stanford to throw out a compelling case study / investment case across to the investor audience out there in the not so distant.

We should hear about how well Supply@ME is doing and the contracts we already have and what the future holds.
All positive moving forward Mcap wise
Re list of Supply@ME within 1.5 months max (Main Market Listing)

GLA
Posted at 11/11/2019 22:41 by stark industries
Supply@ME:
Supply@ME is a platform for connecting companies looking for inventory financing with investors looking for an alternative and higher-yield investing opportunities. A subsidiary of the Italian financial services company the AvantGarde Group, Supply@ME uses the latest in cutting-edge technology – including ERP integration, blockchain smart contracts, and Internet of Things (IoT) – to analyze and monitor a company’s inventory, present the information in a consistent & understandable manner to potential investors, and manage residual risk.

Yes but guess who we have partnered up with to ride the European business market in scale... " S I A "

No Brainer ! clues are out there
Posted at 10/11/2019 09:44 by stark industries
We will be getting an announcement of Supply2ME listing before month end / latest early December regarding the trading of shares.
The opening share price will be a great deal more than the current 0.085p
Supply2ME has big backers / investors - shares will be over subscribed and the business is doing very well.

GLA
Posted at 26/6/2019 09:30 by stark industries
I think you all need to look into 8 Capital's website under the recent AGM notification dated 13th June 2019 and i believe you will find the answers there regarding ABAL's FINTECH RTO
Seems like its all there in black and white :)
i have not pasted the whole RNS but just the relevant snippets to dot connect :-



RNS Number : 1252C
Eight Capital Partners PLC
13 June 2019
Eight Capital Partners plc
("Eight Capital" or the "Company")
Notice of AGM
Eight Capital Partners plc announces that it has today posted the notice of Annual General Meeting
("AGM") to shareholders, to be held at 10.30am on 9th July at the offices of Cairn Financial Advisers
LLP, Cheyne House, Crown Court, 62-63 Cheapside, London, EC2V 6AX.

In September 2018 the Company invested €111,100 in an 8% bond in Finance Partners Group SPA
("FPG"). The Company has since reviewed a number of capital raising and investment opportunities
with FPG and has now agreed, subject to the conditions below, to proceed with a further investment
in FPG.
FPG is an Italian financial services company that, among other things, takes minority stakes in private
companies seeking future listings on public markets. It currently has shareholdings in two such
investee companies - The Avantgarde Group ("TAG") a fast growing fintech company, and We Arena
("WE"), a digital media gaming company.
IW Equity Partners Ltd ("IWEP") is a company connected to Eight Capital Partners' Chairman Dominic
White. IWEP owns a receivable of €4 million from FPG resulting from a sale of TAG shares to
FPG. IWEP has the right to convert the receivable into equity in FPG.
Eight Capital Partners has agreed to acquire half of the receivable asset from IWEP for a
consideration of €2 million with the right to convert it into FPG's equity. The Company will have an
option to acquire the remainder of the receivable from IWEP at the same price in the following six
months which it will also have the right to convert into FPG equity. This would result, if converted,
in a minority equity investment in FPG.
A shareholders' agreement will be signed between FPG and Eight Capital Partners to protect Eight
Capital Partners' position. As a further level of protection, Eight Capital Partners aims to sign an
option to acquire an additional tranche of FPG equity from that company's shareholders within the
following 12 months, which, if exercised would take the Company's shareholding to in excess of
50%.
FPG's investee company TAG has been valued by an international firm of accountants at €75 million.
Management have valued WE at €5 million. The value of the receivable from, and potential equity
holding in FPG would be greater than the acquisition price of the receivable at closing. TAG is in the
process of obtaining a stock market listing in a prominent European market. WE is in pre-IPO growth
phase and is expected to seek a listing in a comparably prestigious jurisdiction and exchange in
2020. The proposed strategy is for FPG to list these two subsidiaries, liquidate or redeem the shares
and return profits to its shareholders, including Eight Capital Partners, then repeat with other
companies.
Settlement of the IWEP Acquisition would be effected through a combination of the Company's
equity (up to a maximum of 29.9% of the issued ordinary share capital), and, a bond that would be
offered to a wider group of investors on the same terms. The exact combination of securities will
depend on several factors including the Company's ability to issue equity at the time of
closing. Should the Company not be able to issue equity it would issue a three-year convertible loan
note yielding 5% per annum. The price of conversion shall be the 5-day Volume Weighted Average
Price of the Company's shares at settlement.
The Board believes that the advantage of this transaction to Eight Capital Partners is as follows:
- If the receivable is converted into FPG equity, the investment provides
equity exposure to FPG and two of its subsidiaries that are expected to be
listed and provide a liquid exit.
- The pricing of the investment is considered attractive compared to the
estimated valuation of TAG, WE and FPG.
- The portfolio of assets managed by Eight Capital Partners will increase
significantly without having to fund acquisitions with cash, which may be
difficult to raise currently.
- The market capitalisation of the Company will increase which may help
to generate more liquidity in the Company's shares over time.
- Through successfully executing transactions such as this and creating
scale and more substance in the portfolio, there is the expectation that
Eight Capital Partners will become more attractive to investors, enabling
the Company to raise more capital and acquire other interesting assets in
exchange for cash and or its securities.
Mr Dominic White, a director of the Company, is connected to IWEP Limited. As a result, completion
of the IWEP Acquisition is conditional on the passing of this Resolution under Section 190 of the Act
as it is deemed to be a substantial property transaction. The transaction is subject to completing
contract negotiations.
Resolution 7
Resolution 7 seeks approval for a future share consolidation.
As at 12 June 2019 (being the latest practicable date prior to the publication of this document), the
Company had 633,257,818 ordinary shares of 0.01 pence each in issue ("Existing Ordinary Shares").
The Directors consider that it is in the best interests of the Company's long-term development as a
public quoted company to have a more manageable number of issued ordinary shares and to have a
higher share price.
Accordingly, it is proposed that the Company's share capital be reorganised such that:
every 100 Existing Ordinary Shares be consolidated into
1 new ordinary share of 1 penny ("New Ordinary Shares").
As all of the Existing Ordinary Shares are proposed to be consolidated, the proportion of ordinary
share holdings in the Company held by each Shareholder immediately before and immediately after
the Consolidation will, save for fractional entitlements which will be dealt with in accordance with the
Company's articles, remain unchanged.
The Company will announce a timetable for the proposed consolidation in due course.
Resolution 8
Resolution 8 authorises the Board to allot and issue shares in the Company or grant rights to subscribe
for or to convert any securities into shares in the Company up to 7,500,000,000 Ordinary Shares on a
pre-consolidated basis, such authority to expire at the next AGM or fifteen months after the passing
of this resolution, whichever date is the earlier. This represents a renewal of the Company's current
authorities. It allows the Company to raise further funds, noting its relatively small market
capitalisation, to make further investments.
Subject to the passing of Resolution 8, the Company is also proposing the following Special Resolution
at the AGM:
Resolution 9
The Companies Act 2006 (the "Act") requires that any equity securities issued for cash must first be
offered to existing shareholders pro rata to their holdings unless approval is obtained by special
resolution to dis-apply this requirement. It is proposed that this authority also be renewed for the
same period as the authority under Resolution 9. In order to retain flexibility to raise further capital
quickly to meet its funding requirements under its current projects as well as to be able to take
advantage of prospective new projects, the Company is seeking disapplication of pre-emption rights.
Resolution 10
Resolution 10 seeks authority for the Company to make market purchases of up to 94,988,673 of its
own Ordinary Shares (on a pre-consolidated basis), representing approximately 15% of the Existing
Share Capital. The resolution specifies the minimum and maximum prices which may be paid under
this authority. This power will only be used if the Directors consider that to do so would be in the best
interests of Shareholders generally and would increase the earnings per share or Net Asset Value of
those Ordinary Shares that are not re-purchased. Any such shares would be cancelled or held in
treasury.
Resolutions 1-8 require over 50% voting in favour to be passed. Resolution 9-10 requires 75% to vote
in favour to be passed.
Disclosures
Mr Dominic White, a director of the Company, is connected to IWEP Limited. As a result, the IWEP
Acquisition, should it complete, would be a related party transaction.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No
596/2014 ("MAR"). Prior to publication, certain information contained within this Announcement was
deemed to constitute inside information for the purposes of Article 7 of MAR.
The directors of the Company take responsibility for this announcement.
Eight Capital Partners plc
Dominic White
John Treacy

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