Member Info for Bfdinvestor

So many errors in ivenoideas posts that it is difficult to know where to start

But let's start with a simple one. The existing MRE will support stage 2 for 8.5 years. At current spod prices it will be a cash machine. It is also scheduled to come on line in 2028, so way before DMS will be decommissioned

What do you know about investing mouse, given you only post on boards where you have no investment

90% plus of your posts on this board, where you seemingly know nothing about the business

Hopefully the moderators will do their job

Incorrect again newuncle

EWS split out in October 22 and Jack Bai has been CEO for less than 5 years.

Anyway I've zero interest in pointless arguments with someone who owns no shares and has about the same level of knowledge

Is it newuncle

Maybe go and check when EWS was split out or Jack Bai joined, which is when the Defi business started

Actually don't bother replying because I have no interest in someone who is only looking to start an argument

Go and look for a new AHS on another board, because what you want isn't here

Totally correct Billy, growth businesses should do all they can to minimise tax in their early years.

All funds need to go into developing the business

It doesn't impair their market cap.

Look at how many years Tesla made a loss for whilst it's value grew by billions every year

Oh but you have newuncle.

As an example, in the last financials they reported 4m cash and equivalents

It's strange that you profess to detest AHS for what he did, yet behave in exactly the same way yourself

Congratulations on taking on the AHS role on a share where you have no investment newuncle

Reported for false and misleading information

As before Kat, there is no need to issue an RNS for something you have already said you are going to do

You are right to a degree bpositive

Semnet is trading, has a top CEO, is recruiting and developing good partnerships

But IPO won't happen until legals are sorted

Comical.

Wisempay has been dormant for years and, to the best of my knowledge, has never appeared in GST financials

Far more interested in your explanation as to how Daphne's lawyers are going to charge 2k per hour Chaebol?

Leew it's even dafter than that

His comment is that the cost would be 2k PER HOUR.

He clearly doesn't understand how professional services firms work.

I'm his example it would be three billable hours.

But the reality is services firms are like pyramids.

The vast majority of billable hours come from the junior staff, so he also fails to understand this as he is unable to work out a weighted average.

It's about as basic as it gets

It's 20k

Next spends way over £100m per year on advertising, so the stores can't be doing that good a job.

Have the operating models of the brands you mention changed in the couple of months since you were pumping Debs bigdaddy

Chaebol why have you chosen to answer on a different thread?

Is it because you have realised how daft your previous post on this one was.

Maybe its because you don't understand how weighted averages work. Maybe you could explain how you got to 2k per hour lol. When by your analysis the most expensive person charges 1200

So how many hours do you think a partner will have charged at this at this stage Chaebol. Probably 2 or 3 at most. 400-800 for a senior associate and 300-500 for an associate.

All the work will be being done at the grunt level and there won't be that much of that

So a weighting of more like 500 Singapore dollars per hour i'd say or less.

That equates to £294 pounds per hour, so probably still a little steep looking at salaries equivalent to UK.

I'd doubt if the billed hours are more than 30 so far Chaebol as this is a simple case, so fees are probably less than £10k and likely considerably less

So nowhere near the figures you are quoting

.

Leew the RNS was exceptionally poorly written, so. I agree it's impossible to be sure.

Meanwhile as soon as we go blue the spread goes out massively despite the sell price being at the high point of the day!

Semnet isn't embroiled in fraudulent activity

There is a legal case ongoing against former employees

Meanwhile the business is trading, recruiting and developing new partnerships

Just to add, it is only the European crypto division that will be paused possibly.

Gs20 has been directing European users to Bake for ages now, so it may well be that revenue continues to be generated from the rest of the world

Nope Chaebol you specifically stated that the two former directors would counter claim.

Allen and Gledhill don't produce a fee list Chaebol, so what they are charging is pure speculation

What I would say is Singapore legal salaries appear to be far lower than the UK, so I doubt she has incurred significant fees at all yet

Ah so it's Daphne who will be making the counter claim now Chaebol.

Not the other two as you have been claiming for months

And the amount Daphne has spent so far will be way closer to your lower estimate of 150 dollars than your higher estimate of 200k