Supply@me Capital Share Discussion Threads

[ny boy] 21/9/2020 13:34

Extrader..still a lot of missing info from the Italian CEO but they do like popping up, slightly rushed rns’s with holes.

Buyer beware at this juncture, closes above 0.8 might get me interested again, see how it plays out

[dubian99] 21/9/2020 13:23

mmm 20 mins of buying (time i spend on the khazi) and 5hrs selling (flight to Egypt),
cmiu

[extrader] 21/9/2020 13:22

Hi all,

Tied up elsewhere this am , so only now looking at today's out-of-left field RNS.

First thoughts : promising if it works, the price action suggests that the initial voting machine has reverted to a weighing machine. Maybe 'famous last words', let's see what the remainder of the upcoming RNS's say.

For this one :
(1) This is a deal between AZ/Group (80%n ? of SYME) and a counterpart in which SYME is tangentially involved, where the counterpart may acquire 2 % of SYME, incl. via open market. It's not stated what %age AZG will have in the Bank, but it gets to name the CEO.

(2) The counterpart Bank needs recapitalising, which is down to the Financial Partner.

(3) We're told that the deal gives the Bank the right (but not obligation) to provide funding of up to Euro (not £ , as the more exciteable misread) 8 billion, caveat 'to support the Platform as it grows'.
We need more info re origination (maybe forthcoming RNS's ?), where is StormHarbour business as they've been out 'originating' for 6 months now - 16 investors - how many linked up to the 97 'ovenready' client companies in the July trading update ? It's not a case of 'build it and they will come'. Potential customers (and their auditors/lawyers) still AFAICS need to be convinced of the structure.

(4) Circling back to (2), the RNS suggests that the Euro 8 BN will be direct-funded, not a securitisation pass-through (with lower balance sheet/capital implications), the CB regulator would/should require sectoral and portfolio diversification for risk management purposes , that suggests at least Euro 800M (ballpark) to re-capitalise. Seems a relatively big 'ask' of a Financial Partner that .." is a regulated INVESTMENT MANAGER in Europe which operates in the private equity and private debt markets. It has raised and invested [over how many years ?] more than EUR2 billion from institutional and retail investors."
Only makes sense to do this in stages, as - for all the hype - SYME's business model is atm just that , a model.
Let's see.

(5) The CB regulator would/should also have a view on AZG a minority (?) shareholder nevertheless having (through CEO) 'mind and management' of a Bank that will be doing significant volumes of business originated and managed by SYME , an entity substantially owned by its own CEO.
I've assumed the CB regulator will be Italy, which may not be the case.

Let's see how this plays out. Popcorn at the ready...

ATB

[hope67] 21/9/2020 13:20

Think its time everyone started showing TW that his bashing is meaningless. He has called so many wrong! Eua, Ncyt, Tils now Syme. You can start by unscubscribing to that trash.

[killman2] 21/9/2020 13:11

bbmsionlypostafter21 Sep '20 - 12:46 - 2172 of 2174 (Filtered)

hows that for positive action!

[julianw2] 21/9/2020 12:58

Yeah newbie that can see straight though your rubbish lol

[bbmsionlypostafter] 21/9/2020 12:46

LOLS!!

julianw2
Member since: 14 Aug 2020

[julianw2] 21/9/2020 12:34

Ffs don't you I.e TW & shareprophets just give up - you were wrong admit defeat, wipe your month and move on my friend.

[bbmsionlypostafter] 21/9/2020 12:30

Boy how the Bulletin Board Morons were creaming themselves this morning on this news. Shares in the Supply@ME Capital (SYME) scam surged to 0.75p although, as I write, they are back at 0.625p. They are still top of the leader board and 30% ahead on the day and this has happened on the basis of an announcement that is just shear fantasy.

Supply@ME reckons that the way to get funding for its pipeline of customers willing to pay three times what they would pay a normal bank for providing inventory finance is ….to buy a bank. Well not quite. So here is the plan...

[stark industries] 21/9/2020 12:23

AZ Response to email 'Having a Bank means to deliver the rest of the Companies not included into Storm Harbour portfolio.In briefly we can deliver 1,4bn of Euros in the next 3-6 months (100m of revenues, nearly 25m of servicing fees net margins...).'Don't care what is now but what will be - HUGE

[stark industries] 21/9/2020 12:22

So that's 50% more than planned for profit margin.We were counting 1% as profit.Now its 1.5%What is 1.5% of £8bn?£120m profit.£0.0036 earnings per share.PE of 10 = 3.6p share pricePE of 20 = 7.2p share pricePE of 40 = 14.4p share pricePE of 80 = 28.8p share priceHow about dividends?50% of earnings per share = £0.0018Thats a 30% yield at £0.006 share price.How this has not hit a penny yet is beyond me.There is also other funding partners.... Long term, there isn't much better out there than these returns

[stark industries] 21/9/2020 12:22

So that's 50% more than planned for profit margin.
We were counting 1% as profit.
Now its 1.5%
What is 1.5% of £8bn?
£120m profit.
£0.0036 earnings per share.

PE of 10 = 3.6p share price
PE of 20 = 7.2p share price
PE of 40 = 14.4p share price
PE of 80 = 28.8p share price

How about dividends?

50% of earnings per share = £0.0018
Thats a 30% yield at £0.006 share price.
How this has not hit a penny yet is beyond me.

There is also other funding partners.... Long term, there isn't much better out there than these returns

[still waiting] 21/9/2020 12:20

phil, I think he will be grinning ear to ear now that the first news is over the line..

[rk23] 21/9/2020 12:18

Rogers mums Gives head for 20 pounds

[micky67] 21/9/2020 12:13

Well it’s a certainty that RNS number 2 coming as AZ getting interviewed by Proactive tomorrow. Another 2M bought just now for me.

[rk23] 21/9/2020 12:13

Ok aidsYour call....

[roger148] 21/9/2020 12:12

Rk u donkey

[still waiting] 21/9/2020 12:11

crazy I know..

not even back to rto price and now 8bn lender onboard..

[dubian99] 21/9/2020 12:10

Haven't followed this, but how is the share price the same as 1 week back