Member Info for devonplay

Prepare yourselves for an over excited Pearls LOL

https://www.investegate.co.uk/mojito/gnw/sotheby--8217-s--creative-artists-agency---nea--8217-s-connect-ventures-invest-in--20-million-round-for-mojito--an-nft-commerce-suite/20211021160000H7650/
NEW YORK, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Today Mojito, a new NFT commerce suite, announced it has raised $20 million in its first funding round with a valuation of $100 million. With strategic investments from Sotheby’s, the world’s premier destination for art and luxury, and Connect Ventures, an investment partnership between leading entertainment and sports agency Creative Artists Agency (CAA) and global venture capital firm New Enterprise Associates (NEA), Mojito is out of stealth and bringing to market an end-to-end commerce suite for selling digital goods. Future Perfect Ventures led the round with additional participation from Moore Strategic Ventures, CMT Digital, Sfermion, and Ancient. Mojito is the first product to spin out of Serotonin, the premier Web3 marketing firm and venture studio.
Mojito’s all-in-one solution is live and being used today to unlock new opportunities to monetize valuable IP and engage users in emergent digital ecosystems. Mojito investor Sotheby’s is using the Mojito technology to power the recently launched Sotheby’s Metaverse, a dedicated marketplace for rare and extraordinary NFTs at Sotheby’s. Through a strategic partnership with Mojito, Sotheby’s became the first auction house and one of the few institutions worldwide to build a dedicated, custom NFT marketplace that will serve as a destination for exclusive NFT drops and auctions, positioning Sotheby’s at the center of some of the most important industry activity.

HBR down again today.

I still keep my original targets, SGI 2p & HBR 12-15 old money. Oil prices will be short lived and SGI's glory days are decades behind it.
Time to stop chasing fallen angels, they've usually fallen for good reason and rarely regain their previous standing.
So I sort of agree with your valuation line. Both need to go down to make them even a reasonable investment case. SGI, too much risk and HBR, who want's to hold oil for anything more than short time. There's only one less attractive part of the market, over valued "green new issues".
SGI's "strong parental and banking support" so strong they've tried to IPO away their failure...
HBR holed below the water live, SGI a dead duck ( but maybe worth checking again in 12 months!).
There's plenty of decent companies out there.
I've just cashed in a short term bet that's left me up x 2.5...you just need to find growth at a reasonable price in companies that people want. Forget the crashed an burned, unless you are willing to wait 5-10 years.

Castelnau down - 2.32%, as I type.
HBR down - 5.32%, so far today.
My guess SGI will start drifting down again in the next few days.

Stamp collecting, train spotting, weddings and funerals?
- I know it's such a weird mix, in the promotional video Castelnau talk about the wedding business...that's after a year of very, very depressed number of weddings. I get the feeling what they have in common is that Phoenix want shot as they've all under performed. It's the great SEXIT!

https://production-matalanlive-assets.s3-eu-west-1.amazonaws.com/uploads/asset_file/asset_file/362063/1634312978.9171162-Matalan_Q2_FY22_Press_Release_Final.pdf
Matalan update.
"I mentioned in last year's report that the most notable investment negatively affected by COVID-19 issues was Matalan Finance where the company was badly affected by the lockdown and its bond price fell to 41 as at the end of June 2020. We believe that this security will recover, have remained holders throughout the year and have seen the bond price recover to 60 at our year end. "
Senior is close to par @95%
Second Lien @65% c30 YTM

We are a Castelnau thread now are we? I'm surprised you are encouraging people to buy Castelnau over SGI, but I guess it makes more sense as you get DTY and others in the mix.
As I said,
So the sellers were out in force yesterday;
Sold Value £5,490
Bought Value £1,514
On what was supposed to be the most auspicious day for SGI in a long time!
....people were selling SGI yesterday!

So the sellers were out in force yesterday;
Sold Value £5,490
Bought Value £1,514
On what was supposed to be the most auspicious day for SGI in a long time!
In the spirit of hope, maybe today might be better....

"What it is instead, is a public proclamation that SG is worth investing in" why have they transferred out and sold it in an IPO if that's case? If it's worth investing in....why sell it?
"It’s also good news as SG will be gaining part of Showpiece and/or Rawnet for free" oh drea, we covered this so many times! Can you provide the party related statement that says that's happening? You couldn't last time.....it just say it's possible in the future, that "possible" statement was delivered just before SGI released those terrible numbers. You remember the 4.5 million loss and decline in turnover again...the one's you don't like to talk about ;)
"have got to have a positive effect on the share price." Yes we know you are underwater because of that lack of DD and need a positive effect on the share price!
"In other words, it is investing in the debt and supply of stock including the BG Magenta loan. It is a strategy which will earn Castlenau interest payments." yeah, I think you are right Carpe, the debt is the significant thing here and Phoenix's ability to lever the debt and goodwill. Neither need an improvement in SGI's earning to create a return for them, so they don't need an increase in the sp to make money. It's only Pearls that's desperate for that LOL

" here come dat boiii!!!, o sh*t wadd up"
"o sh*t wadd up" applies to showpieces website!
Alexa Reach Rank: 7,825,456 - no one is looking at it
Spam Score: 13 / 18 and those that do think it's spam LOL

Not all ASCII meme translate LOL

(~~~~~~~~~~~~~~~) (~~~~~~~~~~~~~~~)
\ \~~~~~~~/ / \ \~~~~~~~/ /
\ \ / / \ \ / /
\ \/ /__===_____________==_\ \/ /
__ -- __----__ __-----__ --__
_-~ /' ~\ /' ~\ ~-_
/~ |____________| |_____________| ~\
| | O | /\| O | |
| \ _ ./ / \. / |
| ~~~~~~ / \~~~~~~~' |
\ /____________\ /
~--__ ___( )___ ___--~
~~~~--~~~ \ / ~~~--~~____------
------____/__ ~~ \ / __---~~ ~\
| ~~~~~ \ / __----~|~~~~~~
-----\------------ \/ _________ /
\ | /
\ _______ / \ ~~----__/____
____-----~~~~~~~\~ / \ / ~~~~~---
~-____-~ ~-____-~
\ /
\ /
~-______-~

"Philately losing its charm to digitisation"
You aren't going to be philatelist any longer! Please no more talk about nights in researching....that's all gone...no more talk of studying history...goodbye to all that....you're now meme collectors!
(meme: an amusing or interesting picture, video, etc., that is spread widely through the Internet)
Memes have cultural value, they are a way of communicating social mores, a non-genetic social DNA...they also make social media posts much more amusing. ;)
You can see the next front cove of Stanley Gibbon's catalogue welcoming Big M'genta (street name, for the hood):
" here come dat boiii!!!, o sh*t wadd up"
Hahahaha

I added more of the Sterling Notes, YTM over 10% til 2025. Not sure about the common stock after that rise, it was going toby on my list for next week! Slight twitch up in the Pref's as well.

"However, there are now endless examples of folk buying NFT's"
True, but usually things that are relevant to their cultural experience, stamps just don't fit in to the cultural experience of the generation engaging in collecting NFT's. What's why it seems "utterly ridiculous" to you, but not them. They will probably look at the idea of a fraction stamps as "utterly ridiculous" and that's why this wheeze from SGI's paymasters has a good chance of being a white elephant.
Even better, your "utterly ridiculous" statement kind of proves my point, you can't shoe horn one generation's old junk into another generation's aspirational desires. It's doomed to fail.
The whole history of youth culture proves my point. Maybe in another generation when grand-papa collectors are a distant fond memory, but I'm sure Phoenix won't wait that long when it proves to be another false dawn # lastchancesaloon

Maybe, but Phoenix benefit without share appreciation in SGI's shareprice
They've got the debt, income from Showpiece Technologies Ltd, management fees on Castelnau and Aurora IT, capital gain on Castelnau ..list goes on....they've got so many ways of turning a penny from SGI without worrying about earnings.LOL
Meanwhile SGl's speculators can just twiddle their fingers wondering! Why, where, when haha

"next year"!
Pearls will disown you LOL
Yeah recovery is still some time away, maybe next year, maybe 5 years.

"No matter how hard you work, you'll never be able to help make the business a success, there is too much IT, rent, upper management salary, etc. To pay for. Even if you do work hard you will likely not be properly compensated for it.
No sensible long-term plan for a return to greatness, but much pie in the sky thinking. Makes sense, it's a dying industry after all.
A great deal of contempt both ways between management and employees. Management are seen as ivory tower fat cats with no idea what actually goes on in the business and industry. Employees are seen as business-illiterate obsessives who only want to play with their stamps. Both sides have a point.
Some employees very resistant to change. Frustrating, but hard to blame them when a lot of change in the past has led to money being thrown out of a window and their friends being sacked.
Workforce skews very old, so you may hear and experience some rather old-fashioned sexist and ****** behaviour.
Bizarre and very unfortunate divide between this company and the nominally separate coin company A H Baldwin that share an office and support staff. A very competitive attitude to each other.
Advice to Management
The experts are the people who keep your business going and you should treat them better. Your IT projects and your shop refurb will not magically revive the market. The expensive London premises is a mistake."
Oh dear, from an employee..... 16 Apr 2021 - Anonymous Employee
https://www.glassdoor.co.uk/Reviews/Stanley-Gibbons-Reviews

"Next week we should get an RNS regarding the Castelnau IPO as SG is a related party "
Castelnau have already done that BEFORE listing and when publishing their Pathfinder and Prospectus.
They only party related statements, so far, have come from Aurora and Castelnau., informing the market of the transfer of SGI's stock into Castelnau from SG Phoenix and Aurora IT
SEXIT!
What you might, should expect, is a party related notification about their relationship with Showpiece Technologies Ltd. Given that Phoenix appear to control that vehicle, the debt of SGI and manage Aurora and Castelnau....doesn't leave much for ordinary shareholders does it....I wonder how they make sure they are treating the interest of all stakeholder fairly?
They'll need more Chines Walls than Beijing. ;)