Supply@me Capital Share Discussion Threads

[nobbygnome] 09/2/2023 16:17

Here it is again Sheedy so you can analyse it easily. TIA

Ok here is my summary of the finances. Please tell me where my numbers are incorrect….

So to start off with there are two factors which are my estimates. The first is cash burn. From the interim results the monthly cash burn was £350k. Now that is highly likely to have gone up because of increasing costs across the board for everything from energy for offices to salaries. Plus of course we know for sure that from October the costs would have gone up by £5k because of the interest on the Italian government backed loan and from April that will increase by a further £15k because they have to start paying back the principle of the loan. Therefore because of the increased costs I am assuming a monthly cash burn of £375k from August. I wouldn’t be a bit surprised if it was higher but I will be conservative.

Of course the other big variable is turnover. The end of year statement contained no numbers other than TF increased by 35% but from a low level. So the fact they didn’t brag about increased turnover across the board I think we can safely assume it won’t be very high. However I will be generous and go for a figure of £500k for the period from beginning of August 22 to the end of March 23.

Now on to the factual numbers from the prospectus. The reason I am using August as the start date is because the prospectus gave us the cash figure for the end of July 22 as £758k on page 55.

In terms of income from the start of August there is £270k from the open offer (Page 4), £475k from the fifth Venus tranche (Page 4), £4,365k from the CEP in October (£3,750k from the optional subscription shares and £615k from the remaining mandatory subscription shares, Page 4) and £900k from the Italian government bank loan.

So total income is 270 + 475 + 4,365 + 900 + 500 = £6,510k. Then add in the cash at the end of July of £758k making a grand total of available cash in this period of £7,268k

Now expenditure. First of all there are the Mercator cash repayments in August and September of £278,333k making £557k (Page 4) and then the big final repayment of £3,536k in October (Page 4). So total cash out is 557k + 3536k = £4,093k

So 7,268 - 4,093 = £3,175 k available free money in that period. Divide that by the monthly cash burn of £375k and you get 8.47 months of money which takes them through to mid April from the beginning of August!

Anyone who disagrees with this summary needs to say where the extra cash is coming from. I think £500k turn over is probably an over estimate but even if it was say £750k that would only take them through to the end of April. Of course actually the turnover figure I use relates to an increase over the ongoing amount before August because the monthly cash burn figure in the interim report is after allowing for turnover.

The bottom line is, from these figures a fund raise has to be imminent…̷0;.unless there is a sudden increase in turnover!

[thanatos abyss] 09/2/2023 16:16

Nobby there is no sheedy here. Thats your 1.5 billion chill pill giving you paranoia.

Pop 3 billion pounds worth and an apparition of Charlie will probably appear too

[thanatos abyss] 09/2/2023 16:14

The market checked Nobby's figures, and they buy more

[nobbygnome] 09/2/2023 16:14

Sheedy, I’m waiting for your analysis of my figures. It’s funny how you go AWOL when a serious comment about the company is required…. And

[kemche] 09/2/2023 16:13

Ritalin man all over this.

Oververse.

[thanatos abyss] 09/2/2023 16:12

Oh right, the last lot of buyers decided to invest in an assured suspension. They obviously bought Nobby's abacus on ebay

[thanatos abyss] 09/2/2023 16:11

Hello all. Decided to take a break a few days until news about to drop

here we go.....

[nobbygnome] 09/2/2023 16:11

Well you have to say they are going to really struggle to raise money so as you say a suspension is not impossible…

[amanitaangelicus] 09/2/2023 16:08

Funny as ...get ur suspension sussies on boyz. Not long now. AZ will be on his speedboat with the finance boyz on your money. Funny as ...yee ha!

[nobbygnome] 09/2/2023 15:53

So Sheedy, I take it you agree with my figures since you haven’t questioned any of them. When do you think the fund raise will be?

[theaccountant2] 09/2/2023 15:50

An RNS inbound with more debt spiral finance!

[newsround] 09/2/2023 15:46

Ah the RNS fact rattled the bookkeeper

Whet makes it worse is that Nobby borrows the abacus from it

[newsround] 09/2/2023 15:43

Shareprophets? Not funny for any subscriber in it more than a week

[newsround] 09/2/2023 15:34

@News_Inbound

Those RNSs used to be a 20-40% splurge

They capped it.

Guys

@🚀🚀🚀🚀

[newsround] 09/2/2023 15:25

Disney CEO Bob Iger announced layoffs on Wednesday.
7,000 jobs will be cut.
Iger returned as CEO in November.
Disney CEO Bob Iger is looking to cut costs and reorganize the company, announcing sweeping layoffs on Wednesday.

During the company's quarterly earnings call on Wednesday, Iger said the company would cut 7,000 jobs. It's part of an effort to target $5.5 billion in cost savings this year, Iger said.

Iger returned as CEO in November after leaving the role in early 2020. He replaced his successor, Bob Chapek.

Insider reported on Tuesday that Disney insiders were already bracing for thousands of layoffs. In a November memo about a hiring freeze, prior to his firing, Chapek had warned staff that the company "would look at every avenue of operations and labor to find savings, and we do anticipate some staff reductions as part of this review."

Internally, there was speculation that staffers who work on non-premium digital products could be among those cut, a company insider said.

Iger also announced a reorganization of the company into three units:

Disney Entertainment — including streaming platforms and its film studios, as well as other segments — will be led by Alan Bergman, who oversaw Disney studios, and Dana Walden, who oversaw original content and news for Disney's streaming platforms and linear networks.
ESPN will be led by James Pitaro, formerly chair of ESPN and Sports Content, and president of ESPN before that.
Parks, Experiences, and Products will continue to be led by Josh D'Amaro.
Disney reported in its earnings report that Disney+ lost subscribers for the first time — over 2 million, all from India's Disney+ HotStar. The platform now has 161.8 million subscribers, compared to 164.2 million the prior quarter.

But Iger still believes that streaming is the future, he said on the earnings call Wednesday.He said his plan to invest in the company's streaming future includes: focusing more on core brands and franchises, curating general-entertainment content, and balancing global and local content.

"Streaming will continue to grow, albeit at the expense of linear programming," Iger said.

This article was written by [e-mail] (Travis Clark) from Business Insider and was legally licensed through the Industry Dive Content Marketplace. Please direct all licensing questions to [e-mail].

[nobbygnome] 09/2/2023 15:25

Charlie, so enlighten me with what the numbers will say, if you know mine are wrong?

[nobbygnome] 09/2/2023 15:23

So Sheedy, what numbers do you disagree with? If you can’t come up with anything, then you must concur with my conclusions!

[vaston] 09/2/2023 15:22

This was nobby on lse

So I made a mistake…and admitted it which rarely happens here. I was going by the prospectus numbers but the TR-1 of them reducing came out a couple of days late.
😂

[vlad the impaler] 09/2/2023 15:19

Guys

News inbound ….

[vlad the impaler] 09/2/2023 15:18

Nobby your credibility went from zero to sub zero last night when you couldn’t do simple maths

[vaston] 09/2/2023 15:16

Nobby you’re very wrong indeed as you will find out in the next financial report.

[theaccountant2] 09/2/2023 15:02

From Sparty1 over on VOG.I am a pathetic clown for buying SYME

[nobbygnome] 09/2/2023 15:00

>> Cjb

So do you disagree with any of the numbers?