Member Info for Chaebol

I've never looked at Ypsilon accounts or how rvate companies in Singapore prepare accounts

How do you understand and give an opinion on Semnets finances then?

I understand that anything over 10 million sing has to be audited, and worse still YP Silon still flat out deny any deal with semnet, which is very strange, considering how small YP is. End of ther day you c ant just roll into Singapore and funnel 36 million usd through without navigating Singaporean com[pany law. This money would be verified somewhere, its not Hanoi, Vietnam. Its a major player in the business world Singapore and all i get are denials and now way to follow 36 million US, Its a very odd one!

Bfd, 'From communication at the time, the vast majority of the large contract was apparently hardware' which comms were they ?

'So there won't be a year when Semnet accounts show anywhere near 36m'

But it would show in YP silons accounts. 36 million usd would have to be accounted for by someone.

10 million sing is the exemption amount but anything over that, and one of these firms would need to produce audited accounts for that kind of transaction.

September 12, 2025

FY2025 Annual Results (Ended March 31, 2025)

Confirms US$800,000 goodwill impairment for SEMNET due to lower revenue growth. States: "The Potential Listing [NASDAQ IPO] is currently paused pending the outcome of the arbitration proceedings."

GST announced they have paused it Enki, pending the outcome of the Arbitrations resolution.

C.wellesley@angrafx.com he replies to that one quite fast, especially if you CC the FCA in it.

info@angrafx.com is like emailing broken hands Tim and GST non responsive mostly. Circling back to what you said broken hands tim said about the one off deal, that needs to be rns'd but would add more clarity to this debacle.........then that money needs to be audited and verified in YP Silon accounts no exemption would exist for 48 million sing dollars going though its accounts in spite of the low purported margins and if this deal had gone through do you not think they would be open to at least confirming it let alone possible repeat buisness etc, its bizarre. If the contract has been completed This is market making news and like i say should be rns'd, they felt it was potent enough when they announced it but now, by the way that already happened in a one off before we bought it........ its mental.....

What truly disturbs me about this is we have no legal recourse with Tim if this is fantasy, he can hide behind unknowingly sharing information from the BOD he doesnt have any fiduciary responsibility to us. I have asked Mervyn previously at Semnet, Chris at YP silon, mervyn informed me that I should refer to the rns and he would face no more questions about it, and Chris hasnt done a 3.6 million deal with Semnet let alone 36 million. TOne goh exactly the same refer to the original rns which actually is now incorrect.

Zoom out CKing, Sometimes nothing makes any sense, you just have to ignore the price and stop checking in.

Price discovery will be here at some point.

4% down on the week and its 'excellent'

Carry on buying.

Smouse i stated around 18 months when I first saw it and was told this would be solved in 3 months lol, its 3 month anniversary next saturday, my spider senses tell me this all has something to do with semnet 36 million deal with yp silon that no one can confirm all this time since purchase. What worries me is they NDA the resolution and then none of us come out of it any wiser anyway, but like billy said i hope they working the negotiations to avoid a drawn out process, but alas these things take time.

Lol more like Teletubbies x;)

BFD, do you know the monetary amount that is in the arbitration ?

I cant find that info anywhere?

Dont know why so much stock is given to Jamie Dimon tbh he was firing his traders for buying btc for 1000 USD because it was 'stupid 'and worse than tulip bulbs, over my time Ive not seen many people call the future that well, especially the Dimon types.........I wonder if they get it so wrong on purpose?

USA is about to have an AI data center boom, hundreds of billions and trillions is coming......who knows after all this AI integration the BOD here might implement an AI model that actually starts to communicate with its investors and spend money on advertising to win new ones..... broken hands Tim, Linkedin and numerous emails to various bod members just isnt worth their time...... Great work.

You're also entitled to sell BTW.

Singapore's timelines are among the shortest globally........

Institution Median Duration (Recent Data)

SIAC (Singapore)

11.7–14 months

HKIAC (Hong Kong)

15.5 months (2023)

LCIA (London)

16 months (2013–2016)

SCC (Stockholm)

13.5 months (2007–2014)

ICC (Paris)

~24 months (2023)

Kat,

International Arbitration Act (Cap. 143A) (IAA) and the Arbitration Act (Cap. 10) (AA), which govern domestic and international arbitrations seated in Singapore. Singapore is a pro-arbitration jurisdiction, with the Singapore International Arbitration Centre (SIAC) as a leading institution. the primary purpose of arbitration in Singapore is to provide a private, efficient alternative to court litigation, minimizing judicial intervention. Under the IAA (incorporating the UNCITRAL Model Law) and AA, courts adopt a "minimal curial intervention" principle (IAA s 3; AA s 5). Parties agree to arbitrate via a clause in their contract, and courts must stay court proceedings in favor of arbitration if a valid agreement exists (IAA s 6; AA s 6). This keeps disputes out of public courts, promoting confidentiality and party autonomy.

Accepting the Ruling: Awards are final and binding on the parties from the date rendered (IAA s 19B; AA s 44; SIAC Rules r 32.9). Parties undertake to carry out the award "immediately and without delay," and it can be enforced like a court judgment (IAA s 19; AA s 46). However, it's not absolute—parties do not always "have to accept" without recourse. Limited challenges are possible:Set-aside applications in the High Court within 3 months (IAA Art 34; AA s 48), on narrow grounds like invalid agreement, breach of natural justice, public policy violation, or incapacity (e.g., fraud or corruption).

For domestic arbitrations under the AA, a limited appeal on points of law is available with leave (AA s 49), but this is rare and not a full rehearing.

SIAC Rules (7th Edition, effective 1 January 2025).

Timelines by Claim Amount (SIAC Rules 2025)Claim Amount (SGD)

Total Est. Duration (from Commencement)

≤ 1 million

Streamlined (mandatory unless opted out)

3 months

4–6 months

≤ 6 million

Expedited (if applicable)

6 months (extendable)

8–12 months

1–10 million

Expedited (expanded option)

6 months (extendable)

8–12 months

>10 million

Standard

12 months (extendable)

12–24+ months

Sources: SIAC Rules 2025; IAA/AA; Singapore courts' pro-enforcement stance.

Nice one Dags you bigged up WULF early, you had some lovely entry prices on that.....

Lol Mr B, Timing them right never works for me, I have to use the term 'no such thing as a bad profit' in these times........ I top sliced THX at 48p and moved into CPAI but have been playing since 0.1p to 0.9p so not all bad.

Really think BITF goes 10-15 and MIGI might get a run to 4 and wtf does IREN end up at 90 to 100 bucks? could hit soon with the right run, its going up when BTC stays flat.

I was supposed to post this.....

Category GST financials

FY25 (Year Ended 31 Mar 2025) 190k total

FY24 (Year Ended 31 Mar 2024, Restated) 114k total

Audit of Group's & Subsidiaries' Annual Financial Statements

Alot of money on different groups financials.

Abgra in range on 34k and they dint have to audit either as theyre a small company but obviously trying to please the FCA which is normal. I cant get clarity on the application of the EMI but lets hope it comes soon. Many saying here any day now, I am very doubtful with words like pursuing and 'application in progress.

The boys at GST said H2 2025 so lets see that delay happen......

Benchmark ComparisonCompany Type

Typical Accountancy + Audit Fees

% of £770k Revenue

Micro-Entity (no audit)

£300–£2,000

Like my old mentor used to say 'God bless to the retail punters'

Il; always be beter than youre deranged 5 p posts next week and i do actively pusrue the BOD for its consistent inaccurices.....

Who would have thought stated facts from the angra finances would get you so pickled.

Heres another good one........ Forex losses represent 21.52% of revenue, a substantial drag on profitability.

Significant Foreign Currency Exposure:Issue: A bank revaluation loss of £165,697 (2025) was incurred due to foreign currency transactions (primarily USD reported in GBP), down from £190,239 in 2024. The company does not use derivative financial instruments to hedge this risk, as management deems it manageable.

Concern: The lack of hedging exposes Angra to ongoing exchange rate volatility, which is particularly risky given the company’s international payment services. Forex losses represent 21.52% of revenue, a substantial drag on profitability.

Application in progress means nada legally. I email broken hands Tim and the BOD every day on the MiCA and EMi license which is being pursued lol

Pros and cons according to Grok on Angra finances..

Pros

Revenue Growth:19.37% increase in turnover (£770,006 vs. £645,031) reflects successful business development and engagement with 2,000+ Small Payment Institutions, strengthening market position.

Reduced Losses:Net loss decreased by 56.97% (£103,442 vs. £240,449), driven by revenue growth and controlled expenses, indicating improved operational efficiency.

Strong Liquidity:Current ratio of 7.20 (current assets £687,872 vs. liabilities £95,516) provides a robust buffer to meet short-term obligations, reducing insolvency risk.

Asset Growth:Total assets increased by 40.40% to £1,387,872, driven by a 223.62% rise in receivables (£517,215) and a 32.67% increase in cash (£170,657).

Support from Parent Company:GSTechnologies Limited’s commitment to financial support ensures operational continuity, critical for a loss-making entity pursuing growth (e.g., EMI license).

Regulatory Compliance:FCA-regulated and audited financials (by RDH Accountants) enhance credibility, with no material misstatements or audit issues reported.

Strategic Expansion:Plans for an EMI license and B2C market entry position Angra for future growth in the competitive fintech sector.

Cons

Persistent Losses:Despite improvement, a net loss of £103,442 (13.43% of revenue) indicates ongoing unprofitability, which could deter investors or strain long-term sustainability.

High Leverage:Debt-to-equity ratio of 4.20 (up from 1.67) reflects heavy reliance on non-current liabilities (£1,025,376, mainly from the holding company), increasing financial risk if repayment is demanded.

Foreign Currency Exposure:Bank revaluation loss of £165,697 due to USD-GBP fluctuations highlights vulnerability to exchange rate volatility, with no hedging strategy in place.

Negative Equity Trend:Retained earnings deficit worsened to £133,020 (from £29,578), reducing total equity by 27.92% to £266,980, signaling erosion of shareholder value.

Rising Operating Costs:Employee expenses rose 30.16% (£244,605), driven by higher salaries and redundancy payments, which could pressure margins if revenue growth slows.

Dependence on Parent Funding:Reliance on GSTechnologies for financing (£1,006,866 non-trade payable) may limit financial autonomy and expose Angra to risks if parent support is reduced.

Limited Cash Flow from Operations:Negative operating cash flow (£413,866) indicates challenges in generating cash from core activities, relying on financing to boost cash reserves.

Easy fellas thanks and good to see you around.

Lol NO MrB its a was a 10-1 share split my millions of shares in CPAI have been drastically reduced but I did get slightly excited when I first saw it. I am very hopeful of a good long term win in CPAI.

I bought some BITF yday and gonna buy some more MIGI, MARA been an unmitigated disaster and threw in the towel in the 19's and started buying other miners. Have watched Bitf go from 1-4 bucks and have finally joined the crowd, never thought WULF would do so well, somer miners have mooned in the last few months. Now that im out of mara, I have been expecting it to scream, but bang for your buck and crypto, ai and data center punts, still remain the highest on risk reward. Also gold and THX has been good as have most odf the miners still think gold has a way to go as well, lets hope this is truly uptober month and we see new levels of prices for most assets! it's a crazy world out there!

GL guys