Abal Share Discussion Threads

[thomstar] 06/4/2020 10:40

Is it back?

[still waiting] 23/3/2020 10:58

new thread

[godolphin] 23/3/2020 09:41

I suppose the brokers don't have the code etc. As usual for rtos and name change.

[pilkersa] 23/3/2020 08:28

Cheers - sounds good

[franco colli] 23/3/2020 08:27

Thank you still waiting
Best wishes to a good week ahead

[still waiting] 23/3/2020 08:26

Will do when get a chance.

Stock finance will be in huge demand going forward imho

[franco colli] 23/3/2020 08:24

SYME is the new ticker code.Wondering if still waiting can set up a new content thread on SYME ?I have just spoke to the share centre and they are still awaiting a simple document to get it set up on their systems...

[pilkersa] 23/3/2020 07:09

Pleased we are back but what a time to list!

[godolphin] 20/3/2020 22:44

You'll have the same number of shares as you have now.

[bigboss13] 20/3/2020 16:04

Does this mean we have shares in the new company as of the 23rd March Monday and how many shares equiv. to our existing holding?

[bigboss13] 20/3/2020 16:03

Abal Group plc provides further details relating to the General Meeting of the Company held earlier today, during which all resolutions put to shareholders were duly passed. The Acquisition and proposed name change, together with other matters as set out in the Circular sent to shareholders dated 4 March 2020 can now proceed to completion. Admission of the Enlarged Share Capital to trading on The London Stock Exchange's Standard List, which is the final condition to completion, is expected to occur on Monday 23 March 2020 ("Admission").

[still waiting] 20/3/2020 13:37

could be huge demand for stock finance, if anything left after covid 19 !!

[godolphin] 20/3/2020 13:32

Listing Monday code SYME

[stark industries] 19/3/2020 16:41

The below should allow one to predict a potential MCap & Share Price
Where would 1 Trillion take this ?

SUPPLY@ME The portfolio achieved shown above:
implies a potential inventory under management value of roughly €909 million;
has a potential of generating at least €4.2 million of net servicing fee; and
has already generated €738k of down payments provided by companies.

[stark industries] 19/3/2020 16:03

SUPPLY@ME Business transactions have now surpassed Euros 1 Billion as i write.

More specifically, at the date of this document, €972 million of prospective contracts have been originated.
This makes Supply@ME what the Directors and the Proposed Directors believe is one of the fastest growing
Inventory FinTech providers internationally.


This volume and pace of origination reflects Supply@ME’s global scale potential, its established innovative
business model and cutting-edge technology.



SUPPLY@ME The portfolio achieved shown above:
implies a potential inventory under management value of roughly €909 million;
has a potential of generating at least €4.2 million of net servicing fee; and
has already generated €738k of down payments provided by companies.

With an addressable market of over 1 TRILLION ! - which i'm confident they will also surpass.

[stark industries] 19/3/2020 15:15

What will happen if all the placing shares have been already bought up and there is a lot more demand waiting to buy in here ?

Yorgi
Go Dolphin
SW
?

[yorgi] 05/3/2020 18:28

Now that would be good Franco.......but possibly a tad optimistic at this stage but better to have a good positive outlook :-)

All the same good to see the bullish thoughts here on what Simon Charles has put together.

I'm quite sure we are all looking forward to the 23rd March.

[yorgi] 05/3/2020 15:59

It looks very interesting and we could or perhaps should see a return on our investment be it selling on listing or holding for the growth of the business.

When we lost the listing as the deal was not completed before the 12 months I did think it was going to be a total loss. It appears not now with the opportunity of being in at the early stage of an interesting and hopefully rewarding investment.

Interesting times ahead.

[still waiting] 05/3/2020 15:56

model should allow banks/advisers etc to promote to companies to reduce monies from tied up inventories..

could be big demand, the prospectus quotes some big numbers and already good profits being made.

[godolphin] 05/3/2020 15:53

All pretty big numbers! The £42m placing seems to be a mixture of vendor shares and new shares. So people do seem keen even with the high valuation.

[still waiting] 05/3/2020 09:10

looks very profitable for an outfit just coming into the mainstream now..

The Supply@ME business
The Directors and Proposed Directors believe that Supply@ME presents an attractive opportunity for the Company and its shareholders for the following reasons:

· leading global platform in a large, underserved inventory financing market
o Supply@ME is a growing innovative "inventory monetisation" platform, having originated more than €300 million of prospective "inventory monetisation deals" in its first six months of operating (to June 2018);
o in the first half of 2019, an additional prospective €300 million was originated. As at the date of the publication of the Prospectus and Circular to Abal shareholders, dated 4 March 2020 , €972 million of prospective contracts have been originated. The Directors and the Proposed Directors believe this makes Supply@ME one of the fastest growing inventory FinTech providers internationally.
o the target addressable inventory financing opportunity in Supply@ME's markets is estimated to comprise £1.9 trillion of inventory under management