Member Info for Polishcap

Thanks oke

My point is it's BS

Intangible Capex 135m. What the he'll is intangible Capex

I can only presume coders and software tech resource but 135m is pathetic when all. The functionality is well there (it does our 2bn of orders no problem end to end so what incrementally or recurrences can their be)

"That's what they told us "

Are we all that gullable to accept that and not challenge. It

I'm not sure what we can do about it but it is BS

Sofina have 9.3 per cent which is 2/3 of MM

They topped up in 2021 at c 2 pound

The have not cashed a bean in and missed all the payout opportunity so far.

The are listed and their share price down 50 per cent since 2021 (when thg collapsed)

They are Belgian not Northern UK clique

As soon as we get wind they turn on mm it's over

Suggest we focus on that

Yes understand oke is probably just relaying what came from. Thg he isn't coming up with a speculative number himself

What I'm saying its a load of crap to come up. With 1 opaque line saying you need 135m for SAAS when you've done everything on ingenuity ie any new whale has all the functionality of every existing customer there is minimal incremental stuff they need

It's just utter BS

How woolly is that has to be challenged

It's complete balony. If they need 135m it should be documented and itemised.

All the heavy lifting on ingenuity has well be done

Capex wise all the warehouse property is in all. All the racking automated robots The warehouse management software all the UX all the code etc.

Madness anything variable or annually recurring is needed to the tune of 135m

Only can be using this as an excuse to get 135m.for.soemthing else debt acquisition etc

Rock what is the 135m of ingenuity. What is it actually for. Software developers hardware property etc

It's pure pie in the sky

135m is a huge number and it's very variable if any whale lands

As the cfo. Said it can be switched off like a tap if no clients land

Would not hang my hat on it been a definite expense coming

Amazing

We get the buyout at 2 pound plus (likely hood no chance till September)

Average

We plod between 50 to. 80p and speculate like hell(likely)

Disaster

Some delisiting or shafting of the 35 per cent (also incredibly unlikely given we are still a 1bn market cap business with trading momentum and several. Independence research valuing true value at 2bn plus etc) I get we are all anxious but there would be utter chaos here if even attempted hence why it hasn't be done if it was gunna get done would have been tried well before now at the 39p lows

OK. Then if you don't want to. Give him. A hard time ask. Him. If he validates. Mms comments the 65 per cent support him. Get it. From. The source. Not. MM

The prawn sandwich brigade are in town oh. No. :((

Yes koopman is your man

Put him. Under pressure if nothing else. It will be 100 x more powerful than an admin girl in IR

It is time. To be confrontational ladies and gents

MM has definitely blocked us getting a 2.20 plus exit. He would not be happy with the opportunists picking up say a 2 to 3 fold return for holding shares for 6 months since the 40p lows

Have to start changing the tone

Who have united got

Cantona

You are wasting your time with IR how many times have you done it

Lucan is a complete waste of 400k a year and is in Mms pocket. Lord Allen is a puppet. A 2 year old toddler could do. Better keeping mm in check

If. Your frustrated email sofina and cause a real. Fight potentially

Call out how they've missed the big lolly and now it's a complete soap. Opera

Thatll. Put the cat amongst the pigeons

Yep great points

If they get their investment wrong in thg their business is toast before it's even started

Won't be a next play or raise

Kelso shares got slammed today

Also issued a prospectus detailing a lot of their subsequent thg trading volumes and prices

Small fry but they are well under at 63p now

Sparta john till where. Are. You???

Yes rock I was referring to the company since it started life as a public company rather than today and most on this board are very blessed to be in at sensible avcos thankfully

Made up this fiasco cost Marshall wace too and I doubt any shorts will open at these levels (which also reads as PIs shouldn't sell shares)

Wonder where we go on the roller coaster next

Noted 2phevs

At least the sofina board room may be Seething as they don't appear to have sold a dime so if I was a bidder canvassing support start with the Belgians

It's such a bizarre Situation we have some. Have lost a fortune some have cleaned up

No. Wonder there is so. Much emotion

Https://www.slaughterandmay.com/recent-work/balderton-capital-in-relation-to-its-200-million-block-trade-of-shares-in-thg/

So Balderton have had a chunk out

Jesus whoever bought them at 7.50

Https://northernfinancialreview.com/2021/01/14/hut-group-investors-sell-250m-shares-lock-up-waived/

Balderton did sell. Some at the peak not much I don't think

His 2 biggest supporters Balderton and sofina haven't. They are high and dry currently

15 per cent ipo their stake was 750.800 mill

Today it's 150m 165m c

That is hurting when 2-3 year Yankee boys creamed the 5 pounds a share

Something has to give

Is it 1st or 30th sept

Can't stop laughing re scarface

Really good way to bucket it

There is so many different players in the 35 per cent club but we are individually too small and hope matt doesn't blanket us as traders

We definitely need to keep revisiting this list harbrook and mark evans have been repeated here cantona we sure they are the same

Don't think anybody else any other shareholder apart from moulding is bothered about control

They want value realisation and do not have any emotional baggage to break it up