Abal Share Discussion Threads

[chimers] 13/11/2019 15:07

You do "grasp" that this has absolutely NOTHING to do with the Siacoin and Sia Blockchain yes?
You do know this dont you?

[yorgi] 13/11/2019 15:07

You could be right Stark......we will see what happens when all dues procedures are completed and ABAL is trading again.

Could be a very exciting year for us next year but we will see.

[stark industries] 13/11/2019 15:04

Can you now see that Unicorn looking at us SW :)

[still waiting] 13/11/2019 14:54

this is aiming to be a major international player.

I wouldn't be so quick to dismiss it..

The partnership involves the integration of this application with SIAchain, the private infrastructure created by SIA to support financial institutions, corporates and public administration bodies in the development and implementation, in a secure and protected manner, of innovative applications based on blockchain technology that can count on approximately 570 network nodes in Europe of SIAnet - the high-speed, low latency fiber optic network stretching over 186,000 kilometers. SIAchain makes available a series of business applications designed to meet the needs of specific communities of members registered and approved in a context of transparency, confidentiality and security.

“Thanks to this new partnership with Supply@ME, SIAchain confirms its role as the leading blockchain architecture in Europe, developing and supporting the launch of mission-critical applications, featuring high performance and security, associated with a clear model of governance. This initiative will further enable us to innovate SIAchain, which today is also able to handle applications based on the Hyperledger Fabric platform, as well as those developed on R3’s Corda and Ethereum", commented Daniele Savarè, SIA Innovation & Business Solutions Director.

"Our funders require from us transparency and resilience, in short, reliability. We are delighted to be working with SIA to create the world’s first infrastructure enabling firms to invest - in a highly innovative way offering the highest levels of data assurance - in the key factor for every company: its inventory, the most significant part of their working capital", stated Alessandro Zamboni, CEO of the AvantGarde Group and Supply@ME.

[stark industries] 13/11/2019 14:26

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 ;-)

[still waiting] 13/11/2019 14:22

stark, chimers won't like talk like that...

[stark industries] 13/11/2019 14:21

And one should also bare in mind that - fast growing I.T solution based companies that have a unique product / service to serve at mass that is partnered up with the likes of SIA.
What did SIA see in Supply@ME ?
The way Supply@ME is performing, one can expect it to be bought out at premium.
Every way i look into this it's a win all round.
Exciting times ahead Chimers ;-)

[yorgi] 13/11/2019 14:20

Let's hope you are somewhere close to the mark Stark 😊

[chimers] 13/11/2019 14:17

HA HA HA ....

[stark industries] 13/11/2019 14:10

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

[yorgi] 13/11/2019 13:43

We won't be complaining if that does turn out to be the case 😊

[stark industries] 13/11/2019 13:40

What's going to happen when we hit the European market.. piggy backing off SIA ??
We are going to take advantage of SIAs existing and growing customer base at scale.
Exponential growth in what they're involved with....Future Unicorn here for sure, if one is patient enough...

[chimers] 13/11/2019 12:34

How many Bucketshops does a scam need?

3 it seems.

But with the Mighty Stanford Capital Partners (set up less than a year ago and never done a day's work in its entire short very short existence....)onboard well gosh...

With "STANFORD" in the name they must be good huh!!?

I would have gone for "HARVARD" myself but Hey Ho.


Or what about "YALE HARVARD BROWN MAGILL OXFORD CAMBRIDGE MIT Capital Partners"
That sounds way much more important and professional yeah?

[yorgi] 13/11/2019 12:32

It should be an interesting and exciting time here in the New Year Godolphin 😊

[chimers] 13/11/2019 12:25

Get yer snow shovels out your gonna need them for the avalanche of paper.

The Agreement, which was entered into on 26 September 2019, provides for the Company to acquire the entire issued and to be issued share capital of Supply@ME from the sellers for a consideration to be settled entirely by the issue of new ordinary shares in the Company. These new ordinary shares will be issued at a price of 0.6756 pence per share, being the volume weighted average price of an Abal ordinary share over the 5 business days preceding the date on which its shares were suspended from trading on AIM. No cash or other consideration will be payable by the Company. The value of the consideration to be paid, that is to say the number of new ordinary shares to be issued by Abal to the sellers of Supply@ME, will be linked and referable to the terms of the proposed placing to be undertaken by the Company and is currently therefore uncertain.

The Agreement is conditional on a number of matters, including completion of the proposed placing, shareholders' approval and completion of all necessary regulatory permissions, and the admission of the entire issued and to be issued (in respect of the Acquisition and the proposed placing) ordinary share capital of the Company to the Official List (standard segment) of the UK Listing Authority (the "Standard List") and to trading on the Main Market of London Stock Exchange Plc, for which application is expected to be made in due course. There can be no assurance that all or any of the conditions to the Agreement will be satisfied and accordingly there can be no assurance that the Agreement will complete in accordance with its terms or at all.

[yorgi] 13/11/2019 12:08

January will do nicely 😊

[godolphin] 13/11/2019 12:05

I see Abal has been added to their list of transactions. Should get the listing in Jan now.

[still waiting] 13/11/2019 11:28

already demand...

We’re the result of four years of research and development of the AvantGarde Group (Parent Company) in the FinTech market.
Thanks to the support of a powerful Delivery Team, Supply@ME has developed an innovative, proprietary, “Inventory FinTech” approach.
Supply@ME is the first independent FinTech Company provides a new way of Inventory monetization in order to satisfy Companies working capital needs operating in a wide range of industrial sectors. This scalable and pan-European service is already gaining traction in several domestic markets through partnerships with major Arrangers and Banks.

Banks will look for companies to raise capital from under utilised inventory, I can see big demand for this from bankers and finance arrangers, a new product to release cash from..

[stark industries] 13/11/2019 09:05

Why are you so stressed out dear ?
I'm sure you can buy a few on re-list :)
Keep smiling as it's a wonderful day out there

[stark industries] 13/11/2019 08:33

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

[+eysenck] 13/11/2019 08:31

Thanks chimers

[yorgi] 13/11/2019 07:56

Maybe but coming together now so we are getting there 😊

[still waiting] 13/11/2019 07:54

Another step forward.

Feels like an Everest climb this.