Member Info for Takayama

Reefles-yeah, im selling up

Dougie - Go on then! What does Alfredo do!? Laughing is better than crying! I tried to ward off the crying and am now at the laughing stage! Pasta al Alfredo? There is absolutely nothing the board is doing today I bet. Ed is distributing the Toblerone he bought at duty free yesterday on his way back from Daytona. I bet Alfredo has the munchies and is trying to persuade Ed to give him two toblerones. That's how serious they are about making money for the rest of us. Oh, perhaps they are drafting an upbeat speculative forward looking RNS about how many miles they are driving along motorways to look at investment opportunities in this bear market where people are desperate for money (which is actually true, as I can see, and I wonder why SEED has failed to invest anywhere apart from a savings account in a bank and a pitiful stake for a pitiful return in Pantheon... ). Yeah, I've time on my hands today...! GLA regardless.. . I hope there is a decent return here for those who remain.

My bet, for the day (for what it's worth) is AGL. Just posting that here for a bit of fun. I'm invested elsewhere for the moment so not putting anything in AGL myself (though I would if I had some spare or non-performing funds somewhere), but I can't shake off the thrill of the chase! Take care guys!

Longlad - the way I see it is I have two choices: (a) sit here and wait for the SP to recover. The last 12 months at the very least show what happens - nothing. No gain. There may be a speculative bounce but no change in the fundamentals. There is nothing dynamic about Ed or Pascual. They may buy a stake somewhere, which may pay off, but that will only pay off in two years minimum. In the meantime, the cash pile dwindles. The market will view Ed and Alfredo the same way, so there is a real risk that any gain isn't reflected in SP (b) accept the loss. Stick the money elsewhere. I think the AI bubble may have been and gone for the moment, so day trading on that front won't get me the 50% - 100% gains that I need (that I was looking at with Sealand and FINU etc). But there are other stocks out there which at the very least, have phenomenal prospects compared to SEED. SEED may have 3% or whatever in LGP and CFG, but that doesn't translate to much, even with a 50%-100% gain. I've time on my hands for a few weeks so can afford to spend more time here, so this is a good time to abandon ship for me and look for opportunities elsewhere - a quick look at major risers every day shows there are winners out there - primarily identified by RNS first thing in the morning. SEED ain't going anywhere, mostly because the two key members of the board, Ed and Alfredo are so ineffectual. I can't help but think that the energy they have dispensed to building the company reminds me of cheech and chong, spliff heads, enjoying a smoke to dissipate away the responsibility they have. Current SP, so far below NAV, seems to reflect that maybe the feeling about them runs much, much deeper. I wish you luck. Best thing is SEED winds up completely, but again, I can only imagine a 3p-4p return max. If you do get more, then that's good. But I'm betting it is easier to get that and more by actively managing your funds elsewhere. Anyway, I wish you the best, whatever you choose.

Indeed Mat. Indeed. Perhaps I was the last to jump ship, always trying to read between the lines, working out a way to give Ed and the board the benefit of the doubt. But Ed's motor sport hobby really takes the biscuit for me. Too much time required for a hobby like that. Everyone else I know is passionate about their work. I'd be passionate about doubling that £3m if I was CEO of SEED. What an amazing opportunity! But Ed can't give a monkey's because he's still getting his £100k from SEED to use to pay for his spot driving a car around a circuit with the big boys. So he can play at being a big boy. He really isn't. He's a kid. Always has been. And won't grow up. What a waste of space. A complete waste of space and a complete waste of opportunity by allowing Ed to be CEO here. Sell, sell, sell everyone. I'd be embarrassed to be on the board of this company and associated with Ed.

Looks like a net 2 million shares sold in the last week here. Doesn't look like an overwhelming vote of confidence. I'm impressed the bid/offer has remained static though! Won't for long if this carries on ...... .

MVarawa - so are you saying it's a good idea to buy Lloyds or sell Lloyds?

As with all small cap companies, you don't want to be spending your capital on fees! It's testament to the quality of Sykes as NED that he recognises this, recognises the potential of the company, and is taking equity in lieu of fees! Says something about the positive mood inside the company too. Something you don't often see in AIM companies.... . Another good indicator of the fundamentals underpinning any investment here... .

Someuwin - It's an impressive research note. I also thought this bit from the 5 Dec note showed decent foresight: "Even if initial passive income receipts, which could commence during the current financial period, may be relatively modest the potential is there to multiply substantially thereafter. Seemingly unrecognised in the Group’s current valuation, any

such breakthrough adoption(s) would be transformative for Aptamer, both financially and in terms of reputation." It's that word - 'transformative' - which grabbed me. The relationship with Unilever and Astrazeneca developing as they are - as well as the potential of Optimers being as yet unrealised but increasingly proven, all point to APTA going in one direction only. Current valuation is tiny compared to the potential indicated by existing relationships and endorsements.

Cheeseburger - Sadly you are right. The £3m isn't a completely insignificant amount, but it becomes insignificant if nothing is done with it except for paying for salaries of a board that isn't very active at all. It could have easily doubled in the last 12 months. Plenty of companies out there (look at the fund raise for APTA for example last summer - sure fire winner tied with major pharmas, almost doubled Mark Cap since the summer) but nothing at all has been done by Ed. With SEED, we have a CEO who is probably winding his weekend up in the USA after driving his fast cars rather than focussing on the company. He's probably in Duty Free this morning wondering how many toblerones to buy rather than making world beating investing decisions. The book value of the companies SEED has a stake in is high relative to SP, but Ed has lost all credibility, so no one trusts him to make good on anything. Not least because he spends so much time racing cars and fishing for carp. Cynical me says he is milking the company until we get down to £1m or so, gives a 1p payback to share holders and buy out worth around 1p for the remaining assets, which he profits from. It is genuinely a terrible peformance and no wonder than there isn't anyone that trusts him. That's the reason for the underperforming SP.

Is that an 8 million share buy for £27k at 0803 this morning? That demonstrates a decent amount of confidence! Well deserved as well.

Rather than being a bubble for the day, short-medium term this looks like a great bet. There are several lines of news I'd expect over the next six months:

1 - Optimers with Unilever . Given trials started in Q4 2024, and are progressing quickly to on-person trials, we could be looking at a significant announcement in Q2 2025.

2- Engagement with Neuro-Bio: The success of Optimer binder biomarkers and close collaboration with a well regarded Bio Tech company like Neuro-Bio can only lead to good things for APTA. Neuro-Bio's latest paper reflecting the pace of research released in Dec 2024. It isn't a sleepy Bio-Tech.

3 - Collaboration with AstraZeneca.

4 - Confirmed growth - Doubling of contracts of H1 25 compared to H1 24

5 - Sales pipeline - at 31 December 2024, the sales pipeline stands at £4.8 million. This can only go up. "The Group continues to capitalise on the increased interest in its services and has the security of a significant cash runway. The commercial progression evident for H1 25 is expected to develop further, and revenue from the Company's fee-for-service work is expected to continue to extend this cash runway until the Group ultimately becomes at least self-sustaining from this part of its operations."

Looking forward to it. GLA.

Sykes obviously knew this was on its way and made a good Director buy at a good time. The endorsement by Unilever demonstrates by their own in house trials of this tech, together with a decent order pipeline, makes this a fantastic prospect at this point. Good tech combined with positive progress in trials AND future liquidity. A really excellent RNS.

Https://www.dailymail.co.uk/news/article-14328223/half-gen-z-britain-ruled-dictator-no-elections-poll.html

Trotskyist Rachel from accounts’ policies lead to massive retail expansion: https://www.standard.co.uk/business/business-news/hotel-chocolat-savours-record-christmas-sales-amid-expansion-plan-b1207323.html

Bloomers - 😂 LoL!!!!

Xwave - bin collection = massive implications for Lloyds Bank. It shows what confidence we should all have in UK economy given the communist marxist leninist tendencies of two tier starmer who is a known paedo and has funded a government programme of taxing every ordinary person so that millionaires flee the country and is also funding the 'bird' programme - we all know birds are not real and are a technological fabrication of the marxist leninist communist anti ordinary person MI6 spying on my facebook videos of cute kitties etc etc...

LONGLAD - It's a pretty good but time consuming to have. Ed's participated in seven races in 2024, each three days each. On top of that is the travel to and from, the training, the engineering. Definitely something you need lots of free time and lots of money for. Not a particular secret that bloke has hobby, but we need to try and understand context for the absence of activity - For me, it's now less surprising that there's been zero activity with SEED over the last 12 months. Ed's got other things on his mind. His heart is not in making money here. I'm considering jumping now. I may miss on the 1p divi, but that's a big 'may'. Money can be made elsewhere. I'm guessing that's why we are so far below NAV. Everyone knows what Ed is like. A gambler, a risk taker, without particularly good judgement, focussing on no.1 to the expense of others.

Interesting post Longlad. Given he's so busy looking for places to invest our money, travelling the country far and wide, using every available minute battling through the reams of data and knowledge and expertise to find a place for our money, I'm surprised that he's found the time for a photoshoot, let alone the time to compete/practice/engage with the GT Racing team etc... .. Oh dear. Maybe he isn't spending that much with SEED business..... . No one really believes Ed do they, with anything he does, aside from his close mates. How can we trust him with our money given that? Bad news again. Slip slip slipppetty woooo. I know there's a lot of talk about 'mate's rates' but the web of Yooma with SEED with G Force capital once again feels a little too cosy.... . I'm guessing there's a buy out of SEED assets on the way. Good luck with the 1p final dividend. Not sure what we'll get for the portfolio, but I doubt there'll be much more than a penny each.. . Sorry guys. Nothing upbeat from me today.. .

NTQ seem to be attracting lots of professional investors here which can only add to a positive assessment of the likely outcome. Latest is Sebastian Marr. I wouldn't claim to know him, but a quick search on the internet reveals that he seems to pick winners and people follow him... . E.g. (from 2020) TomCo Energy plc (LON:TOM) was a hot property on Monday, rising 63% to 1.225p after a sigificant shareholding by Sebastian Marr was revealed. Marr has a 5.58% stake in the company, having notified the energy company of ownership of 275.8mln shares.

Hi Swizz - it would be nice to think that shareholders would need to consider bid and vision, but in reality, it just boils down to how much can we get for IP and a business which constitutes of expertise to drive the IP to a really profitable outcome. Thus there are four scenarios: (a) No bid - the business folds, we get nothing, the IP goes to no one. I'd say that this is the least likely given the investment of the board in the company. (b) one bid from a small player - someone is out for a bargain, they know this is the best the company can get and don't care about scr++wing the company and shareholders over. Reputation isn't that much of a consideration for them. We're likely to get our money back at around this SP. The board recommends we accept the offer. If we don't, we get nothing. (c) one bid from a reputable player - given the nature of the board here and what I know about the oil industry, reputation counts. The reputable player sees the value in the IP and offers a fair amount with a discount for the cost (£Ms) of development to final product. The board recommends we accept the offer. If we do, we'll get a multiple of the current SP. If we don't, we get nothing (d) Multiple players, multiple bids, pushing the discount for the expected cost of development to final product to the bare minimum - or even not account for it e.g. if it is for an in house use (so Shell may buy it for their own use, do the maths and work out that it would cost £xm to develop to final product but save £2xM per year in drilling costs). This would be the best scenario for us. I've no idea which scenario it would be but ultimately, shareholders will have the choice to accept (get something) or reject (get nothing) and no shareholder would reject. The likes of me, you and William Black Estates would only hope to maximise the cash return on our investment. As would the board , given they are invested to the tune of 12%. Are there any other scenarios?