Member Info for Peakhope

It is clear from your reply you understand the amount is not going to be anywhere the 73m yet you still keep misinforming people 🤦‍♂️

Update on key asset: 1AF2 Bond repayment 2024

During 2021, the Company invested €40 million into a bond issued by 1AF2 Ltd, yielding 2.5% per annum with a repayment date of 22 July 2024. In the current year, the Discounted Cash Flow ("DCF") valuation methodology has been based on cash flows available from the underlying security package of listed securities which has valued the bond at £13.5m. This has been used as the fair value at year end. The bond remains live until 22 July 2024 which is its natural expiry date and the Company understands that the liquidation of the security package is not the issuer's intended method of repayment of the bond. However, based on management's judgement and estimates at year end, given the proximity of the bond's expiry date, and based on conversations with the issuer which are ongoing, the Company has used the market valuation of the public assets held in the security package as the basis for the 1AF2 bond valuation in these accounts, a fair value loss of £14.0m in the year. In the year the Company received a number of coupon interest payments in the form of listed shares as per the bond agreement.

You keep banging on with the same 73m at every opportunity you can - see below - ECP RNS - no one knows what the amount outstanding is but even DW acknowledges it won’t be anywhere near the full amount - as per AZs statement at AGM they are still negotiating

000).

The Company together with its advisors has reviewed its investment holdings and expects to recover much of the value associated with them. However, given the environment of higher inflation, higher interest rates as well as geopolitical uncertainty that are resulting in economic commercial headwinds, as well as the perceived instability of some of its debtors, the Company has applied fair value adjustments and impairment charges where necessary. The net movement in fair value of both realised and unrealised gains and losses on investments at fair value was a loss of £14,562,000 (2022: £2,638,000 gain) comprising £14,010,000 of unrealised fair value loss for the year in relation to the 1AF2 bond (explained further below), and £552,000 in relation to other investments. An impairment of other receivables of £554k held at amortised cost was recognised (2022: £nil).

Think there are plenty still in and most have moved to TGs - unless you join in with the negativity on here there’s not much point in posting - most points have been covered a 1000 times over - really - what is the point in constantly making the point again and again

Venus still hold 14% and is not a provider of CLNs

I don’t post much as there is not much to discuss and it’s turning back to what it once was - people tearing chunks out of each other which is not really my thing ,

Not sure what you mean “ to keep to your protocol “

What is it that you think my protocol is ?

Upzeums - I don’t post often these days anyway only recently started posting again because of AGM and thought people would be discussing AGM and not other LTHs - anyway I take on board what you say but will continue to be myself - not going to take anymore of anyone’s time up and it’s not my thing arguing with other LTHs we will have no impact on whatever may or may not happen - so I will respectfully wish you all the best Upzeplums 👍and return when there’s news worthy of discussion

He who is innocent cast the 1st stone - I don’t understand what your trying to say or achieve by your posts - is it a personal attack , character assignation or to discredit me - I’ve already discredited myself many times over- I’ll say it again for the hard of hearing - I am a novice syme was my 1st investment please no one act on anything I say I simply share my views and opinions honestly and openly just as Extrader , analyser and all other posters do - I have had reasonable discussions with both Ex and theanalyser along with castle and nobby I hold no malice towards them or any one else we are all expressing our opinions - with regards to being right or wrong we will have to wait and see - also with regards to averaging down if WL and charge is settled soon providing you haven’t sold out you might change your tune

Also this from your most recent post is wrong - you shouldn’t be advising anyone to do anything , people have to make their own decisions and choices based on research - if someone was going to average down but didn’t because of your advice and WL and charge settled happens and sp climbs you couldn’t complain if someone was to accuse you of losing them money - my advice to you would be think before you post and is your post fair none agenda driven

“I would advise anyone thinking of averaging down not to listen to the over optimistic rampers here”

To try to lay the blame at other LTHs door is wrong - I have often posted I am a novice investor you should not base your investment decisions on other investors opinions we often hear do your own research - so you accuse others of ramping but your post below is rampy suggestions of this being a 10 bagger dated 28th April 2024 - come on don’t be trying to blame others it shows weak character - so you listened to me a novice but didn’t hear any comments from the ceo and chose to average down because of myself - yet in your post below there’s no mention of averaging down because peaky thought it was a good thing to do 😂😂

I’ve been very quiet of late and only posting recently because we’ve had an AGM - infact no one’s been ramping for along time imo and yours is the biggest ramp I’ve heard in a long time “ a 10 bagger “

Read your own post again and recognise the cringeworthy mess of it - others may have averaged down because of your “10 bagger post “ 🤦‍♂️😂

RE: Change?28 Apr 2024 18:12

I’m considering another big average down trade next week. Anyone else planning to do the same thing? I want to get my average below 0.2p because I think a ten bagger from this level is not out of the question if all the promised IM funding routes materialise

Upzeplums - do you have any experience in investing ?

Well unfortunately I/we have not much choice - we either believe AZ or unknowns on here - it’s not just AZ the whole BODs as Albert stated at AGM have an input into RNSs which are regulated and audited

AZ also stated we are NOT insolvent - probably a direct response to someone on here who continually likes to push that narrative without proof - actually the proof

Is there to suggest otherwise / we are still in business 😀

A positive from the AGM and votes result is that the company can no longer offer shares to a 3rd party without offering them to shareholders 1st

7. To authorise the Directors to disapply pre-emption rights in respect of the authorities granted pursuant to Resolution 6.

With regards to MG and AGM - MG stated quite clearly he would not be attending the AGM

That’s a different question altogether - the question in that case should have been “ have we any new funders and have we IM transactions that are currently being processed “ the platform is ready and what Sasha wanted to know imo is weather the platform was up and running and the answer to that is yes - the previous IMs ( Vechain ) is constantly being monitored

Not sure if people understand what the platform does - so here goes I’ll try and explain it

The platform doesn’t generate revenue as such and doesn’t do IMs - the platform is an important tool ( software ) where all data is collated monitored and stored where both clients and funders once onboarded have access to monitor the transactions and upload info when and as required - the platform is ready and is being used for the purpose it was designed for and all Due Diligence info which in turn leads to DD fees is processed through the platform so it’s not really a yes/no answer as Mark was trying to explain but Sasha only wanted a yes no answer - revenue will be generated through funding provided by banks/funders and DD transactions the platform is one of the tools that assists with the process - hope that helps 👍

What started out being a sombre atmosphere with some challenging questions asked turned out to be quite an upbeat ending to the AGM - lots of chats going on after AGM we had a good hour or so - spoke with AZ Amy Benning , Alice Buxton , Alexandra Galligan ,Mark Kavanagh and David Bull - all positive for the future - WL delay is bpm wanting additional guarantees in the form of agreements with remarketeers to purchase any inventory that the stock companies are unable to sell - remarketeers have had to be scrutinised and onboarded to symes platform - we are at the final stages but AZ has learnt imo he could have given a rough timeline but wouldn’t as if the timeline was not met it would not be a good look and considered another missed deadline - platform is up and running and we have a couple of small transactions going through - platform is also generating DD revenue - no issues with the platform 👍

The charge is due to be settled on 3rd July and negotiations for a final settlement are ongoing - there are indications that the charge will be settled July 3rd . 🤞🙏

Little more patience required but firmly believe they are all working very hard and beyond their contracted hours in order to deliver 😀

It won’t be wasted steady 😉👍

Just on train now - it’s going to be a hot 🥵 day in London 29 degrees - hopefully we find out what WL delay is and if we have a viable business or not

Nuburu has delisted , they were in trouble long before AZ invested hence his investment - maybe they relist if AZ managers to sort them out 🤷‍♂️