Abal Share Discussion Threads

[godolphin] 05/3/2020 09:07

Here's the associated rns

[godolphin] 05/3/2020 08:59

.6756p for consideration shares, .6945p for placing. That's how it is sometimes.

[bigboss13] 05/3/2020 08:52

So for holders what does the equate to in terms of shares?Each abal share was 0.80p I believe

[godolphin] 05/3/2020 08:27

Rough figures. Abal will issue 32b shares to buy supply@me for £234m. Then a few shares for cash. The Avantgarde Group end up with 73% so the 25% free float is achieved assuming that they are the only insiders - which surprises me.
I have no idea if £234m is a sensible valuation, but the institutions seem to accept it and are investing for cash at a slightly higher price.
March 23rd scheduled for on the market!

[thomstar] 04/3/2020 23:42

Takeover agreement

[bigboss13] 04/3/2020 22:49

138 pagesWhat's the latest for holders?

[stark industries] 04/3/2020 22:36

:)

Good luck holders as patience has paid off

[still waiting] 20/2/2020 11:02

a lot of blockchain stuff is still going through product testing and evaluation, R3/Corda/Accenture/SAP etc but it is coming..

releasing monies from inventories will be a huge growth market that is under utilised using current alternative finance providers..

hence Supply@me opportunity, right time, right product ?

fingers xx'd they can get this over the line now..

[stark industries] 19/2/2020 13:44

Blockchain stands out among the relevant technologies for its ability to revolutionize corporate logistics. With a specific, however, timely and important. We are not talking about adopting " the " Blockchain but about adopting " of " Blockchain, rigorously without an article in order not to diminish its scope, which is very wide and actually capable of changing the paradigm.

It makes no sense to speak of Blockchain as a single technology but rather as an infrastructure in which existing IT solutions and systems are located with significant impacts on business processes and entire ecosystems.

These are the first fundamental ideas introduced by Enrico Camerinelli , enterprise Blockchain analyst Aite Group , with which we try to investigate what the main areas of application of Blockchain are today , some examples of suppliers and use cases, the points of attention for companies. Over the years, Camerinelli has increasingly focused on the Blockchain phenomenon starting from banking where technology has immediately taken root and then landed in other sectors to support supply chain finance and trade finance issues and, more generally, the optimization strategies of supply chain and transport processes .

This explains why its main interlocutors recently are, among others, supply chain managers, procurement officers, CFOs and treasury managers. In all cases, the approach is never to sell Blockchain but to help companies understand if Blockchain makes sense for their reality. To do this,
Camerinelli collaborates with important international institutions and participates in projects launched by the United Nations Economic Commission for Europe, the World Bank, the World Trade Organization and the Council of Supply Chain Management Professionals (Cscmp), of which he is vice-president for the Italy.

What are the prospects for adoption for Blockchain in the logistics sector?
“It depends on the time horizon to which we refer. If we consider the short period, not to mention the immediate one, the main areas of application of Blockchain are the management of transport documents (invoices, delivery notes, etc.), the traceability of the goods or the tracking of the origin of the products and consequently the fight against counterfeiting. In a Blockchain context, documents and physical assets are digital objects that find a unique representation in a distributed databaseon different nodes or IT devices. A shared register of this type allows each participant in the logistics supply chain to add data from their systems in an infrastructure that is able to store all the information relating to transactions / movements (of any type of asset) among the participants in the supply chain. itself, without intermediation, in a safe, reliable and automated way.
In a medium and long term perspective , borrowing the experience of cryptocurrencies characterized by the possibility for users to transfer and exchange ownership of the possession and the corresponding economic value between them through a so-called token , we will witness the birth of crypto-asset. In contexts of this type, each physical asset, for example each pallet, to remain in the logistics sector, may have a "digital twin", a token corresponding to a sort of unit of possession ".

Enrico Camerinelli, Aite Group's enterprise blockchain analyst
Enrico Camerinelli, enterprise blockchain analyst Aite Group
From a technical point of view, explains Camerinelli , each unit of possession can be exchanged between two parties, with legal validity (or, at least, on the basis of a binding agreement between the parties) and without the need for the action of an intermediary to verification of compliance with the rules.

This allows you to optimize the import / export phases making immediate and certain any passage and exchange that today is instead managed in a more cumbersome way through an articulated range of tools (email, various types of application solutions, communication tools, etc.).

Until token-based systems see full development and therefore widespread use, Blockchain it will continue to be characterized by an adoption in itself driven by specific opportunities. In this sense, we are in a historical period similar to that in which the use of fax machines began to be questioned by the first e-mail systems. As long as the goal of users was to send simple messages, faxing continued to be the most convenient way of communicating as it did not require users to invest further, for example to purchase a PC, modem, specific software packages. The situation changed when the advantages of e-mail were evident, including, in particular, the possibility of sending attachments and links: at that time, the adoption of the fax has definitively passed away.

The development of blockchain - without article - is determining the parallel development of specific technological offers by both consolidated operators and newer realities. A few examples?
"Yes, the ecosystem of the offer begins to be really active on the blockchain theme and as often happens in the presence of innovative themes, startups offer the most interesting solutions thanks to their specialization, even if in some cases these realities cannot regardless of the experience of companies that have been active for the longest time on the market. I am thinking of The AvantGarde Group's Supply @ ME scale-up which conveys a solution that allows companies to create value from their inventory (Inventory Finance) ".

Thanks to the use of advanced tools such as smart contracts, inventories - represented by tokens - can be commercially demobilized to companies set up directly by Supply @ ME in various European countries with a global perspective. The company recently concluded a partnership with Sia which provides for the integration of its solution on SiaChain, the private infrastructure created by Sia to support financial institutions, corporations and public bodies in the development and implementation of innovative blockchain-based applications. .

Another example cited by Camerinelli concerns a young reality active in the blockchain world - Luxochain- born with the aim of guaranteeing the authenticity of luxury products by protecting consumers and producers from counterfeiting and protecting Made in Italy products . “The company develops a technology that uses blockchain to create a sort of digital passport that uniquely identifies a single luxury item, attesting to its originality and provenance. In practice, each product is associated with a "digital twin" registered on the blockchain, therefore not editable by anyone, which provides valuable information on its origin and authenticity ".

There are many cases of blockchain use . They are concentrated mainly among industrial companies and retailers and mainly concern issues related to traceability. They are much less present among logistics and transport operators who have shown a lesser propensity towards the use of blockchain systems to date.

Can you describe any of them?
"I would first mention Carrefour which is the first retailer in Italy to certify its supply chains via blockchain. The first blockchain-based solution was implemented in October 2018 on the chain of chicken raised outdoors without antibiotics. During 2019, Carrefour worked on the supply chains of tarot oranges, Sicilian lemons and tomatoes. A similar case is that of Bofrost , a company that sells and distributes a wide range of frozen food products at home. Recently, Bofrost has invested to ensure the traceability of its products at every stage of the supply chain, with experiments on packs of Nordic cod and frozen artichokes. Also point outSpinosa , the producer of buffalo mozzarella, which since 2019 thanks to blockchain has made visible to all consumers the entire supply chain of DOP Campania buffalo mozzarella - under its own brand ".

The wine cellars are also very active. For example Casa Girelli (La-Vis Group) which has certified with blockchain the production and vinification process of an organic wine, the Nero d'Avola La Mura Bio.
The Guerra company , active in the bakery and pastry sector, has published the information that constitutes the Proof of Quality of some of its products on blockchain.

It is possible to conclude the roundup, by reporting two cases, recalled by Camerinelli, involving public bodies, demonstrating how blockchain is starting to be pervasive:
• the Customs Agency is replicating all the phases presiding over the production and bottling of the blockchain Genepì, a herbal liqueur typical of Piedmont, making the related information accessible to consumers through a QR code;
• the Ministry of Agricultural, Food and Forestry Policies recently presented a digital blockchain-based platform for tracking the production of olive oil and wine vinegar.

What are your suggestions for a company that is approaching the blockchain world in relation to the logistics sector?
"First I would urge you to think that blockchain is not just bitcoin , not to be frightened by the many debates that have highlighted the speculative aspects related to cryptocurrencies , and to invest in knowledge and training. Secondly, I would advise you to reason by processes or to identify which phases of your supply chain are more critical and can take advantage of blockchain ".

In the short term, the focus must mainly concern traceability to respond not only to specific sector regulations but also to the need to preserve the authenticity of the products. Without a doubt, blockchain is the priority technological response if the company has not yet made investments in this area. If, on the contrary, the company had already equipped itself with tools, a plan to integrate blockchain systems would have to be formulated .

In both cases, it should not be necessary to act on its own corporate structures if not going to fill the skills gap of technical resources.
Looking ahead, as the adoption of digital token- based systems grows , a profound revision of the business processes connected to logistics is foreseeable and, consequently, it will be increasingly necessary to act also on the corporate organizational structure, for example through the creation of new divisions .


"Even if in some cases these realities cannot regardless of the experience of companies that have been active for the longest time on the market. I am thinking of The AvantGarde Group's Supply @ ME scale-up which conveys a solution that allows companies to create value from their inventory (Inventory Finance)".

Thanks to the use of advanced tools such as smart contracts, inventories - represented by tokens - can be commercially demobilized to companies set up directly by Supply @ ME in various European countries with a global perspective. The company recently concluded a partnership with Sia which provides for the integration of its solution on SiaChain, the private infrastructure created by Sia to support financial institutions, corporations and public bodies in the development and implementation of innovative blockchain-based applications. .

[chimers] 13/2/2020 07:41

There is no deal son.
This has no listing, it's finito.

[stark industries] 12/2/2020 22:58

These guys are our deal makers

[soultrading] 07/2/2020 13:52

Hey Chimers, what you buying?

[chimers] 07/2/2020 12:57

Ohhhh yas...........

[still waiting] 07/2/2020 12:50

I take it you will be disappearing asap when this relists.

[chimers] 07/2/2020 12:45

Errr no.

Let her go son, you have to move on.
Let the dead look after the dead.

[still waiting] 07/2/2020 12:40

Sounds like more news in a week or so.

[chimers] 07/2/2020 10:42

IT IS OVER.
To re-list would mean starting again from scratch with an application to join the market.
Losing their AIM listing is appalling because they could have sold the listing and returned cash to you.

IT'S OVER.

DONE

FINITO

KAPUT

THE END

[chimers] 07/2/2020 10:40

That's just a carrot to keep you mugs dangling whilst they fly off with your cash exit stage left.

[franco colli] 07/2/2020 10:19

It is currently anticipated that trading in the Company's shares will not resume until the transaction with Supply@Me is completed and the Company has been successfully admitted to the Standard List. In the meantime, Abal confirms that the cancellation of the admission to trading of the Company's ordinary shares on AIM will take effect from 7.00 a.m. on 7 February 2020, in accordance with AIM Rule 41.

[chimers] 07/2/2020 10:08

HEY...............IDS.

IT WAS AND IS A SCAM AND A FRAUD.

YOUR MONEY HAS GONE.

DIRECTORS POCKETED THE LOT.

THE END.

[chimers] 07/2/2020 08:14

SCAM AND FRAUD.

IDS.