Adalan Ventures Share Discussion Threads

[csmwssk12hu] 18/1/2021 06:35

They were loss making but so was Amazon for a long time, they are now profitable and they are growing fast.

[kaos3] 18/1/2021 05:12

I am too stupid.......... and have no analytical skills and am not professional and do not understand the language to get it.......

sorry

[kaos3] 18/1/2021 05:10

"if Zaim were to continue to be loss making the Group islikely to require additional capital after the Working Capital Period to support the continuedgrowth of its operations."

[kaos3] 18/1/2021 05:09

what they tell in writing to me is:

"zaim’s risk management policies and procedures may be inadequate. The Group dependsupon the reliability of its credit risk assessment to assess the credit worthiness ofborrowers. If this system is deficient it is likely to result in more defaulting loans whichwould have a material adverse effect on the financial condition and results of the Group."

[kaos3] 18/1/2021 05:04

and here it goes - Italians and russians (can it get any better ????) lending at shark rates !!! - from IPO:


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..........zaim has accumulated losses as at 31 December 2018 of £38.1 million and, on a statutorybasis, has made losses in each of the three financial years to 31 December 2018..................
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one has to be genius for that one!!! to do

to make plot even better - enter anonimus Monaco backers

DANGER DANGER on my sensor.

now open the management section on the web page and take slow and deep look at their faces and think about it - they lost 38 millions giving out loans at shark interest rates and probably charging fees too in addition!

I did my homework and it is too much for a gardener to understand. I usually get it wrong and ZAIM is a superb operation - it is just myself and me - that do not get it

[kaos3] 18/1/2021 04:57

2. The adjustment of £2.1 million represents the gross proceeds of the Fundraise, lessassociated costs and expenses directly attributable to the Admission amounting toapproximately £500,000.

wtf? costs

[kaos3] 18/1/2021 04:55

ipo prospectus data - lending at 1% per month + probably processing costs - look how much money they were loosing - is that good management? they went from 4 mil to 1 mil !!!!

Audited Audited Audited 30 June2016 2017 2018 2019£’000 £’000 £’000 £’000ASSETSNon-current assets:Property and equipment 22 17 13 12 –––;––̵1;– –––;––̵1;– –––;––̵1;– –––;––̵1;– 22 17 13 12 –––;––̵1;– –––;––̵1;– –––;––̵1;– –––;––̵1;–Current assets:Cash and cash equivalents 645 457 454 204Loans to customers 2,720 1,079 640 630Other assets 667 337 229 444 –––;––̵1;– –––;––̵1;– –––;––̵1;– –––;––̵1;– 4,032 1,873 1,323 1,278 –––;––̵1;– –––;––̵1;– –––;––̵1;– –––;––̵1;–TOTAL ASSETS 4,054 1,890 1,336 1,290 –––;––̵1;– –––;––̵1;– –––;––̵1;– –––;––̵1;–

[csmwssk12hu] 18/1/2021 00:19

It’s a quiet board Kaos, just me you and Abe, is anyone else keeping an eye on these? Next trading update due soon and with November up 490% in 5 months and profitable before estimates will be interesting to see how they are doing now.

[csmwssk12hu] 18/1/2021 00:04

It’s interesting there was some big buys on Friday and so broke through 3p, it’s all time high is circa 4p, at 3.5p it’s approaching that, if it clears that it will be a very strong bull signal and maybe we get a quick breakout

[csmwssk12hu] 18/1/2021 00:02

Forgot to mention current mcap is only £14m with profits forecast over £7m in 2022 that’s a forward pe of less than 2, for a fintech company that’s really cheap

[csmwssk12hu] 18/1/2021 00:00

Hi Kaos I don’t know where did you read that? I’ve read analysts reports which say they expect £2.2m profit in 2021 and over £7m in 2022, they have already hit profitability ahead of plan so they may get those figures upgraded

[kaos3] 17/1/2021 06:34

csm - thanks for pointing here. I read that something big (in the 10ns of mill range) happened in ZAIM history. what was that?

I hope I am right with this Q

[csmwssk12hu] 17/1/2021 00:03

Well welcome aboard Abe and enjoy

[aberloon2] 16/1/2021 17:20

Well i'm definitely here for the near term :)

[csmwssk12hu] 16/1/2021 01:30

Another piece from another broker
ZAIM Credit Systems PLC (LON:ZAIM) has received a price target upgrade to 8.61p from broker Optiva, which cited improving cashflow as well as peer comparisons for the change.
The new target, which implies a valuation of £37.6mln, compares to its previous target of 8p and reflects progress both since its IPO in both derisking and diversifying its business model, said the broker.
Cashflow is more important in this methodology, Optiva said, as having now shown proof of concept there is evidence to suggest ZAIM could achieve consistent profitability in the near term.

[csmwssk12hu] 16/1/2021 01:26

If they make £7.8 million in 2022 at 20 times pe which is not unreasonable for a fast growing business would be a mcap of £156m, today it’s mcap is £13m, which would lead to an share price around 36p, however if they are growing that fast and hit those figures something tells me they will be a lot higher by then imho dyor

[csmwssk12hu] 16/1/2021 01:22

Found this piece online

In late November 2020, analysts at Italian research group ValueTrack said Zaim is set for a rapid increase in profitability now that it has passed net even breaking point.

Covid-19 has driven the microfinance business online and accelerated Russian “digitalisation” says ValueTrack.

While the impact of COVID-19 means the microfinance market will remain stable year-on-year in 2020, online expansion will grow the business at an annual rate of 20-25% in 2021E-22E, said the note.

Zaim’s online loans represented 59% of the portfolio in September 2020 compared to just 3% in October 2019 and this repositioning should drive further improvements going forward, says ValueTrack.

A net loss of £0.3mn in 2020 this year should swing to a profit of £2.7mln in 2021 and £7.8mln in 2022E, says ValueTrack, which has a fair value estimate of 6.75p per share against 6.5p previously.

[csmwssk12hu] 15/1/2021 18:16

Three big buys at the end and nudged up to 3.5 bodes well for Monday

[aberloon2] 15/1/2021 10:55

I'm a sociable chap csm :) Fingers crossed.

[csmwssk12hu] 15/1/2021 10:51

Welcome Abe I am no longer alone, yes it’s been upward since September, the last update was astounding that’s what got me interested in November, going my the uptick in volume I get the feeling another is due, if it’s anything like the last one hopefully it will take off then

[aberloon2] 15/1/2021 10:35

Certainly an upward chart, so just had a dabble.

[bobby1904] 09/11/2020 10:49

Very nice looking trading figures published today. Big growth, particularly in its online business. Mkt cap at only £11m starting to look pretty undervalued!!

[bubsy2] 20/2/2020 23:01

Provident of Russia worth a small punt 4 the long term

[wantage] 25/11/2019 12:13

Interesting - 1% per day.Wow.

[johnyee 7] 18/11/2019 10:27

Been some big buys the last few days.