Supply@me Capital Share Discussion Threads

[argo 007] 16/9/2020 16:02

Just read this..........ProNewsReport Editorial):- London, Sep 16, 2020 (Issuewire.com) ;– Supply@ME Capital (SYME: LN) has developed a cult-like following amongst investors. Its clients swear by its inventory securitization system, and it has weathered the coronavirus-imposed stock market correction by helping prop up other businesses. The firm’s growth has been strong amid wider turmoil, bolstered by its healthy balance sheet and loyal client base. Is it time for others to get on board? Several analysts have picked up on SYME’s performance during the coronavirus pandemic and have labeled it a must.

Charles Bingham at Schroder Investment Management has named the AIM-listed fintech his top pick with a Buy rating of £2.10.

The company’s price soared more than 1000% during August to £0.80, but Daniel Weatherington thinks this is small beans compared to what the company has in store for 2021. A 12-month valuation by Standard Chartered research house has SMYE in the £14.00 bracket, indicating the time to move is now.

The fintech, which recently moved headquarters from Italy to the UK in order to tap into the global financial hub, offers manufacturing and trading companies the chance to use their warehouse inventories to secure capital through a securitization process. The unique aspect is the “true sale” of the inventory to special purpose vehicles, which are incorporated by SYME.  Clients have reported using the newly released capital to stock up on more raw materials and goods as they enter the busy period.

The business model has proven sticky and is drawing a wide range of parties who want to leverage their goods for cash during this extended period of market volatility. This has also attracted Barclay’s Tom Murray who looked at the company last year and has revised upwards a price of £1.90, more than quadrupling its current trading price.

Of particular interest is SYME’s relationship with London’s financial center, and its plans for expansion in key global markets, the Middle East and the US. The US and UK have experienced a retreat in lending from established players, and with challenger banks wobbling, the environment is clear for an alternative platform to enter the corporate digital monetization space.

Gregory Murdox at HSBC, UK Branch Trading Desk labeled SYME an obvious immediate Buy, noting the ME is an emerging market with significant opportunity as private equity firms beat a retreat last year following a range of scandals. It is seen as a fintech-friendly jurisdiction, one especially fitting for SYME’s unique proposition, and HSBC has put a 2021 top of £17.00.

[different world] 16/9/2020 16:01

Another 400m volume day to boot.

[different world] 16/9/2020 15:59

Now there really is something strange going on.

You don't have a 62.5 million sale straight into the market and a tick-up at the same time.

I suggest there is some stakebuilding going on ahead of potentially game-changing news.

[tburns] 16/9/2020 15:58

Nice 62.5M buy from earlier disguised as a sell there

[yabawbag] 16/9/2020 15:57

Lol saw that

[yabawbag] 16/9/2020 15:56

Top find Gasman, the big boys have woken up to SYME.Wait for the rush to get in off the back of these ratings.

[still waiting] 16/9/2020 15:52

first sign off on news that goes towards proving up that inventory and release of huge fees and this will rerate very quickly..

[gasman10] 16/9/2020 15:50

Look AZ is running around tell as many people as possible about SYME. Once numbers come through this will be explosive

[micky67] 16/9/2020 15:50

Hint hint. Some Italian geezer advising - How to buy shares 🚀 🚀 🚀

[bbmsionlypostafter] 16/9/2020 15:49

Wonder how long it'll take for the correction to be issued?

[gasman10] 16/9/2020 15:48

Smell your short burn ?

[gasman10] 16/9/2020 15:47

Btw PE ratios is not about trainers

[gasman10] 16/9/2020 15:46

Just jealous boys remember Fintech companies have high PE ratios so 30p not unachievable here

[bbmsionlypostafter] 16/9/2020 15:45

"The company’s price soared more than 1000% during August to £0.80".

LOLS!!

[still waiting] 16/9/2020 15:44

I wonder if they're close to syme ?

[different world] 16/9/2020 15:41

Thanks gasman - spread the word!

[gasman10] 16/9/2020 15:38

Already done by someone else put it on twitter too.

[hodhasharon] 16/9/2020 15:37

I don't think a Mkt Cap of £17.00 is unrealistic given the current red flags.

[different world] 16/9/2020 15:37

An explosive find there gasman10 - Schroders are no mugs either. Not a little tinpot analyst and the price target is something else.

Essential reading. Can you post that over at LSE as well?

[gasman10] 16/9/2020 15:36

17p on need 24p to be a millionaire

[gasman10] 16/9/2020 15:35

Gregory Murdox at HSBC, UK Branch Trading Desk labeled SYME an obvious immediate Buy, noting the ME is an emerging market with significant opportunity as private equity firms beat a retreat last year following a range of scandals. It is seen as a fintech-friendly jurisdiction, one especially fitting for SYME's unique proposition, and HSBC has put a 2021 top of £17.00.