Member Info for Pedrobull

The website must be out of date as it says 15

https://quantumblockchaintechnologies.co.uk/about-qbt
The team is geographically split between the UK and Italy, involves 7 current, or former, university professors, 2 PhD and 2 university students, and 4 highly experienced professionals

how many employees do they have working on the technology?

Those operational numbers look good and hopefully costs can be controlled, I'd actually rather be in receipt of the royalty streams as there would be zero cost variances in those.

Searching the 2021 full results for the word cost and there are 168 hits. The summary is here i think and debt costs reducing is good

"INCOME STATEMENT - Group profit before tax from continuing operations increased by 83% to $109.3 million (2020: $59.8 million). This was primarily as a result of the aforementioned reasons, with higher revenue due to significantly improved commodity prices. There were also reduced finance costs of $3.9 million (2020: $6.7 million) due to the significant reduction of debt during the year and the reduced LIBOR rates. The 2021 economic recovery has resulted in global inflation that has adversely affected several key costs such as energy and reagents, as well as salaries, which have increased our Group cost base."

ah okay but the point remains the port can be blocked without Russian forces taking Odessa

Would you want to take a boat into that port...

potentially no dividend maybe

BLU own 13% of Dynasty is that still the case?

https://www.**********.co.uk/articles/blue-star-capital-makes-further-investment-in-dynasty-esports--3cdaa39/

you might end up with something thats still worth something

okay i'll quote Berenberg which is actually what this thread is about.

"Berenberg said this would create a sanctioned entity and unsanctioned entity, although management has flagged that there are potential regulatory hurdles to this."

Slavia Ukraini

Sadly this war looks like it could last a year or more and peace when it comes will not result in the Feb23rd status returning for years afterwards.

I think Berenberg are stating the obvious here with no value applied to the Russian business and also doubt if the company can split itself into sanctioned and non-sanctioned businesses.

apparently that's a different RGO. That's PCC not PLC.

Courtesy of Florence who replied to my Corcel post

more cash Quantum most likely did not have in order to repay this year, can kicked down road

https://twitter.com/DeItaone/status/1499366007663697928?s=20&t=RwiIMtDnx1oRJayoax9Nww

Disgusting comment.
This is how holocaust happened.
WW3 will be required lets hope the russian subs are out of action quickly

cruise missiles into the Kremlin required

520p to buy now and if all the investments are valued as conservatively as Incremental (7.9M vs 4.8M) we are onto a winner here.

21st March RNS - Incremental realisation
Dunedin Enterprise Investment Trust PLC ("DENT") is pleased to announce the realisation of Incremental, the market-leading IT services platform which designs implements and supports clients with ERP/CRM systems and cloud infrastructure.
Proceeds received, after the payment of carried interest in Dunedin Buyout Fund III LP, amount £7.9m, consisting of capital of £7.1m and income of £0.8m. This compares to a valuation net of carried interest at 31 December 2021 of £4.8m.
The uplift on the 31 December 2021 valuation is £3.1m, equivalent to 23.4p per share."

a move to the main market would be a good move, bring that on!

I sold earlier and looking at re-entry but not thinking this will ever get back to to pre-invasion valuation.

The Kakak mines will be a good business if it can get spun off.

Pedro. Since when does the Russian government have any involvement in the dividend payments to individual shareholders. Poly is a globally owned stock traded on 3 markets. If you want to crash your own stock market pull stunts like that and watch investors flee and never return. Putin wanted the companies to stay and even suspended operations like Mcdonalds will reopen in time. You cannot nationalist every business in Russia as it would mean economic collapse as the expertise would be gone and so would the systems that run the businesses and the capital which funds them also.

YES thats exactly what could be the future IMHO

The world changed forever on 24th Feb 22

In reality it should have been 2014 when Russian invaded Ukraine but the west was asleep dealing with SNP and other minor distractions which ultimately weakened us.

I think the end game here might involve NATO and cruise missiles into the Kremlin.

Why would a communist state with no interest in western investors allow dividends to be paid?

Kakak was 48% of 2021 revenues so this needs split into two before Russia nationalises it IMHO.