Abal Share Discussion Threads

[stark industries] 13/11/2019 07:16

Nice to see a joint broker added today for the new business

[pilkersa] 13/11/2019 07:15

Moving forward nicely... hopefully will relist soon....

[stark industries] 13/11/2019 07:14

Abal Group PLC Appointment of Joint BrokerSource: UK Regulatory (RNS & others)TIDMABALRNS Number : 1734TAbal Group PLC13 November 2019Abal Group plc("Abal" or the "Company")Appointment of Joint BrokerThe Company today announces the appointment of Stanford Capital Partners as joint broker with immediate effect.For further information:Abal plc Tel: [phone] Simon Charles WH Ireland NOMAD and Broker Tel: [phone] Mike Coe / Chris Savidge Peterhouse Capital (Joint broker) Tel: [phone] Lucy Williams / Duncan Vasey Stanford Capital Partners Tel: [phone] Patrick Claridge END

[stark industries] 11/11/2019 23:04

Maybe we can let the TERN bod know about them and SIA
What do you think SW :)

[stark industries] 11/11/2019 22:41

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

[stark industries] 11/11/2019 22:36

Inventory Financing: The Growth of European Non-Bank Players

October 31, 2019



$1.5 trillion – that’s the value of the global trade finance gap, which is the difference between businesses’ demand for trade finance and the amount lenders are willing to supply. The primary casualties of this disparity: small and medium enterprises (SMEs). According to surveys by the Asian Development Bank, SMEs face rejection rates as high as 45%. By comparison, multinationals have their trade finance applications denied a mere 17% of the time.

This is not a new problem, but it is a stubborn one – the funding gap has remained at around the $1.5-trillion mark for several years now, although it has come down slightly from its all-time high of $1.6 trillion in 2016. And the implications of this problem are dire, especially for SMEs – without the requisite funding, how can they grow their business?

Inventory Financing: Helping SMEs Grow

To combat such dampened growth prospects for SMEs, one aspect of trade finance stands out: inventory financing. The most common trade finance solution currently is by far factoring & reverse factoring, which is based on the financing of accounts receivables and payables. In inventory financing, companies can obtain financing to purchase inventory – the financing is then secured and appraised against the liquidation of the value of the acquired inventory.

Inventory financing is thus much more growth-oriented. Since buying and selling additional inventory will directly increase revenue, inventory financing is explicitly linked to a company’s growth. Especially when still in the growth stages, SMEs do not have sufficient assets that can be used to secure a direct loan. But with inventory financing, as long as the lenders are convinced that the additional inventory will be sold, they will be willing to extend financing. For product-oriented SMEs feeling stuck in the growth phase, inventory financing can prove to be an invaluable tool.

Furthermore, inventory financing is still relatively less common when compared to the more traditional trade finance models of invoice and receivables factoring. As such, they present a sizable growth opportunity for FinTech companies looking to break into the trade finance market.

FinTech Companies Helping Plug the Gap
Conventional banks remain the main suppliers of trade finance products. But their stringent capital, compliance, and risk requirements limit the amount of trade financing they can provide, meaning the funding gap remains large and persistent. This presents a clear opportunity for the burgeoning FinTech industry.

The business models of these companies vary, from being simple trade finance lenders (whether from their own balance sheets or crowd sourced from third parties) to providing sophisticated analytics and information to the traditional banks on trade finance prospects.

Inventory financing is another focus area for them, as it is a less-crowded market comparatively. In this space, FinTech companies and other non-bank players are looking to enhance their offerings through high-tech solutions like user-friendly digital platforms, AI-powered data analytics, and blockchain solutions. The integration of blockchain technology, in particular, is a strong value-add to the traditional inventory financing model.

With its ability to create tamper-proof records auditable by all parties, blockchain technology can significantly strengthen supply chain transparency and trackability. After all, one of the primary challenges facing inventory financing companies, aside from the difficulty in appraising inventory value, is in tracking – how can they accurately determine when inventory has been sold and track the payments as well? Blockchain helps solve that issue. Furthermore, smart contracts, encoded on the blockchain, can also be used to create conditional payment scenarios.

Despite these value-adds, challenges remain. A study by the International Chamber of Commerce on supply chain financing in Europe identified four key areas supply chain financing partners (which includes banks) could still improve on: value for money, integration with the companies’ Enterprise Resource Planning (ERP) systems, providing experienced relationship teams, and responsiveness. To snap up more market share, FinTech and non-bank players should direct their focus toward succeeding in these areas.

The European Situation
In Europe, the funding gap is not as stark compared to less-developed regions. A continued loose monetary environment with rock-bottom interest rates, coupled with lower demand from some of the weaker European economies such as Italy and Spain, have combined to reduce the funding gap gradually.

Nonetheless, although relatively low, the European SME funding gap (which includes but is not limited to trade finance) still stands at about 3% of GDP – roughly $440 billion. This is still higher than in the US at 2%. Further, European SMEs are also more dependent on conventional banks for growth. About 70% of their external financing needs are provided by conventional banks, as opposed to only 40% in the US. Thus, although the funding gap is low and improving, the consequences of the said gap on SMEs’ growth prospects are higher in Europe compared to elsewhere.

Spotlight: 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.

Will Europe Be Able to Narrow the Trade Finance Gap?

As the level of competition in the trade finance space continues to increase – as evidenced by the entry of more and more non-bank companies – the entrenched players will have no choice but to step up their game. And the beneficiaries of all this will be businesses, especially the ones previously marginalized by the conventional banks. The only question is: how long will it take to close the gap, and what will be the consequences for businesses in the meantime?


Ravi Rathi

Ravi conducts research across all FinTech domains and has in-depth experience in the areas of consulting & research. He also has a deep understanding of talent mapping solutions and has previously worked with Fortune 500 companies to solve their talent-related problems. Ravi is especially interested in Cryptocurrency and Blockchain. He has helped various companies understand upcoming technologies in the FinTech domain across the globe. He truly believes that the two things that matter the most in any business is ‘money’ and ‘talent’ and loves solving problems related to these two drivers.


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[stark industries] 11/11/2019 05:52

If you are holding and have had the patience of a saint then this is about to reward you lucky lot with a decent return
No point selling out of this when it gets listed to trade again.
This is the one to hold onto if your after many multiples of your investment.
Very RARE to get a 1st class reverse target...bodes really well
This is the future and way forward imo.

Good luck to you all and try not sell out on the cheap as this company will grow quick.
What other contracts are we involved in other than the recent 400 million Euros contracts(s) we know about
and
The roll out in Europe...where we are headed next via our partnership with SIA where the big money is going to be made for our company and investment
i can see a very bright future for Supply@ME

[stark industries] 11/11/2019 05:47

DJ Eight Capital Partners PLC Conversion of receivableTIDMECPRNS Number : 1900SEight Capital Partners PLC04 November 20194 November 2019Eight Capital Partners plc("Eight Capital" or the "Company")Conversion of EUR2 million receivable into equity-- Conversion of EUR2m receivable into equity in Finance Partners Group SpA ("FPG") -- Eight Capital now owns 40% of FPG -- One of FPG's investments, The Avantgarde Group, owns fintech platform Supply Me which is in the process of listing on a London stock exchangeEight Capital Partners plc is pleased to announce that it has completed the equity conversion of the EUR2m receivable from Finance Partners Group SpA ("FPG") that it acquired and announced on 7(th) August 2019. Eight Capital now owns 40% of the equity of FPG and has exposure to the potential upside from FPG's investee company transactions.FPG is an Italian financial services company that, among other things, takes minority stakes in private companies seeking future listings on public markets. Its main holding is a minority interest in The Avantgarde Group, a growing tech platform developer, that owns a fintech company (Supply Me Srl), and, insurtech and regtech platforms. FPG also owns a minority interest in We Arena Srl ("WE"), a digital gaming and Esports venue company. FPG's strategy is to list these investee companies, liquidate or redeem the shares and return profits to its shareholders, including Eight Capital Partners. One of FPG's indirect investees, Supply Me, is in advanced stages of listing on a London stock market.Eight Capital acquired the EUR2m receivable (part of a total EUR4m receivable) from investment holding company IWEP Ltd ("IWEP"). IWEP continues to hold the remaining EUR2 million and has agreed to convert this into equity in FPG in the next 12 months on the same economic terms. At full conversion Eight Capital and IWEP will each own 28.57% of FPG, together 57.14% of the company.DisclosuresThis 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.IWEP is a company connected to Eight Capital Partners' Chairman Dominic White. This transaction therefore constitutes a related party transaction. In August 2019 Dominic White agreed to become a non executive board member of The Avantgarde Group to monitor the Company's and IWEP's interests.The completion of the IWEP Acquisition was conditional on the passing of Resolution 6 at the Company's AGM on 9th July 2019, relating to Section 190 of the Act, as it was deemed to be a substantial property transaction. The resolution was passed and transaction approved unanimously by the shareholders.The directors of the Company take responsibility for this announcement.Eight Capital Partners plc [phone] Dominic White [e-mail] Cairn Financial Advisers LLP NEX Exchange Corporate Adviser Jo Turner / David Coffman [phone] Damson PR [phone] Financial PR [e-mail] Abigail Stuart-Menteth This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.ENDNEXXZLFBKFFZFBQ(END) Dow Jones Newswires

[still waiting] 10/11/2019 17:44

Been a while.

[yorgi] 10/11/2019 17:34

Let’s hope we soon see that then Stark 😊

[stark industries] 10/11/2019 09:44

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

[yorgi] 05/11/2019 19:28

Well spotted Stark, yes it looks like events could be moving forwards. It's been a long time but hopefully worth the wait.

[stark industries] 05/11/2019 19:24

Expect announcement of stock listing date soon .At last:)

[stark industries] 05/11/2019 19:23

RNS Number : 5320REight Capital Partners PLC30 October 2019Eight Capital Partners Plc("Eight Capital" or the "Company")Board ChangeThe Directors of the Company wish to announce that John Treacy hasresigned as director of the Company, effective 8 November 2019, to focuson his executive positions, including his role as director of Epsion CapitalLimited, one of Eight Capital's investments. The Directors propose toappoint an additional non-executive director and a further announcementwill be made when this appointment has been confirmed.Eight Capital thanks John for his contribution to the Company.This announcement contains information which, prior to its disclosure, was inside information for the purposes of Article 7 of EU Regulation 596/2014.The directors of the Company accept responsibility for the contents of this announcement.- ENDS -For further information, please contact:Eight Capital Partners Plc:Dominic White+44 (0) 20 7469 [e-mail] Financial Advisers LLPNEX Exchange Corporate AdviserJo Turner / David Coffman+44 20 7213 0880Financial PR:Abigail Stuart-Menteth+44 (0)207 812 [e-mail]

[stark industries] 14/10/2019 07:31

Yes and it's not a surprise to me the Dominic White (current CEO of 8 Capital Partners) is also the mentioned director of Supply2 ME Capital Ltd The newly registered company also shares the same address in London where 8 Capital are currently operating.Really exciting times in the not so distant .

[godolphin] 12/10/2019 16:14

Supply@me has appeared at companies house.

[still waiting] 28/9/2019 21:53

I can see big demand for this, a great way for companies to utilise their unsold inventory.

[stark industries] 28/9/2019 21:28

Furthermore, in some more advanced solutions (e.g. IBM in Asia with Mahindra Finance; Supply@ME from The Avantgarde Group in Italy) the platform architecture leverages the potential of blockchain to "track" the use of the financed assets now represented by tokens. The lot of the sold bottles of wine can be associated with the goods used for production. That is, the tokens. Therefore, the lender may decide to delay the redemption of the loan, and instead benefit from the value of the sale of the lot to which the tokens in its possession are associated. Therefore, the lender has two options: to immediately redeem the loan by returning the tokens in possession; or to collect the portion of the proceeds from the sale of the wine to which the token is associated, postponing the redemption of the loan to a later date.

[stark industries] 28/9/2019 20:23

Makes sense :)

[still waiting] 28/9/2019 19:54

Didn't want to get too ahead, yet.

[stark industries] 28/9/2019 19:52

SW maybe you can update the header of the thread etc! When you get time ;-)