Asimilar Share Discussion Threads

[kaos3] 29/3/2024 13:25

TM01(ef)
Termination of a Director Appointment
Company Name: ASIMILAR GROUP PLC
Company Number: 04488281
Received for filing in Electronic Format on the: 28/03/2024 XCZT9WMP
Termination Details
Date of termination: 27/03/2024
Name: MR MICHAEL DAVID PREEN

both gone

[kaos3] 29/3/2024 13:24

Company Name: ASIMILAR GROUP PLC
Company Number: 04488281
Received for filing in Electronic Format on the: 28/03/2024 XCZT9VKY
Termination Details
Date of termination: 27/03/2024
Name: MR MARK IAN HORROCKS

[mn100mobile] 28/4/2023 12:24

Took a few here.

[kaos3] 31/3/2023 08:14

makes accounting sense to me /i am not an accountant - i am a gardener/

their investments are private and in order to assemble fair valuation ... those companies have to finish their accounts first ...
to be integrated into aslr .... as substantial changes happened there


one can not use cost basis or something for fair accounting

as their investments went /black/ and probably will not produce any reporting themselfs ... it is impossible for an accountant to sign off aslr reports

all imho

not all black scenario... despite being black atm and probably is black

[banksy] 31/3/2023 08:03

Worrying times. Considering the links this company and Akers has to AAA (we all know what happened there) who knows when this company will come back from suspension, if ever. At least you can get out today!

[comedy] 31/1/2023 11:42

tom one to buy?

[thordon] 30/1/2023 20:00

As said before , cheaper to buy this company where his private investment would cost nearly 10 times more to invest in Dev Clever

[tomboyb] 30/1/2023 14:23

9.13% -

Akers buys more -

[thordon] 31/12/2022 13:16

So short term we need these company's need to be listed , Long Term Dev Clever is going to be re-listed but not in the UK but most likely in USA or buyout on the cheap from the main Indian shareholder.

Low6 is in talks to be listed.

Magic Media - could be next

[the modeller] 31/12/2022 11:41

So ~£678k + some magic beans (which are unlikely to be magic).

[thordon] 31/12/2022 11:24

Where we are today ( Note cash we can access in listed value )
Invested Shares Price Loan Notes Value

Dev Clever 72300000 £0.27 £19,521,000.00 Suspended
AAA 24000000 £0.04 £984,000.00 Suspended
Audioboom 145,700 £4.35 £633,795.00 Listed
Magic Media £1,491,768 £1,491,768.00
Magic Media 1,646,682 £1,902,155.00 Not Listed
Simplestream Limited 9,943 £835,212.00 Not Listed
Simplestream Limited £21,000 £21,000.00
SeeQuestor 114,586 £1,308,023.00 Not Listed
Sparkledun Limited 8307 £493,851.00 Not Listed
Gfinity 8,148,954 £0.00540 £44,004.35 Listed
Low6 6,612 £119,993.00 Not Listed
Zeelo 1,220,000 £301,850.00 Not Listed
Warrants
Dev Clever 35 million £0.25


Total £27,656,651.35

Listed £677,799.35

Not Listed £6,452,852.00

Suspended £20,505,000.00

[the modeller] 30/12/2022 06:51

Has Nigel Wray exited?

[thordon] 29/12/2022 20:03

Just to add in half year accounts this company had £3.1 million in cash & since there have been no more investments in that period then minus admin should still expect around £3 million cash held.
There have been multiple warrants issued which adds to the admin cost in a positive light.
Also DEV if unlisted still has value as ASLR is the forth biggest investor see below.
Veative Labs Pte. Ltd 225,000,000 £67.5m 0% no data
17.94%
Christopher Jeffries 152,114,069 £45.6m 0% no data
10.5%
David von Rosen 89,000,000 £26.7m 0% no data
8.53%
Asimilar Group Plc 72,300,000 £21.7m 0% no data
5.96%
Jarvis Securities plc, Asset Management Arm 50,510,278 £15.2m 0% 0.95%
5.36%
Christopher Akers 45,435,000 £13.6m 0% no data
1.74%
HSBC Global Asset Management (UK) Limited 14,774,227 £4.4m -6.21% no data
1.33%
Nicholas Abdo Ydlibi 11,250,000 £3.4m 800% no data
1.25%
M. D. Barnard & Co. Ltd., Asset Management Arm 10,632,561 £3.2m 0% 3.58%
1.19%
Brewin Dolphin Wealth Management Limited 10,085,000 £3.0m 5.22% 0.16%
1.09%
HBOS Investment Fund Managers Limited 9,276,083 £2.8m 0% 0.03%
0.94%
Citigroup Inc.,Banking and Securities Investments 8,000,000 £2.4m 0% no data
0.9%
IG Group Holdings Plc, Asset Management Arm 7,617,709 £2.3m 841.95% 0.26%
0.9%
Barclays Bank PLC, Securities Investments 7,591,214 £2.3m 0% 0.01%
0.68%
Barclays Bank PLC, Wealth and Investment Management Division 5,789,161 £1.7m 0% 0.02%
0.47%
The Royal Bank Of Scotland plc, Asset Management Arm 3,950,800 £1.2m 0% 0.1%
0.46%
Rowan Dartington & Co. Ltd., Asset Management Arm 3,898,284 £1.2m 53.09% 0.13%
0.43%
Credit Suisse, Investment Banking and Securities Investments 3,665,340 £1.1m 0% no data
0.42%
Investec Wealth & Investment Limited 3,593,000 £1.1m 0% 0.01%
0.41%
State Street Global Advisors, Inc. 3,498,648 £1.0m 0% no data
0.4%
Charles Stanley & Co. Ltd, Asset Management Arm 3,348,627 £1.0m 0% 0.01%
0.36%
A J Bell Holdings Limited, Asset Management Arm 3,071,611 £921.5k 0% 0.01%
0.33%
Global Prime Partners Ltd, Asset Management Arm 2,834,804 £850.4k 0% 0.33%
0.24%
Neue Bank Ag, Asset Management Arm 2,000,000 £600.0k 0% 0.73%
0.23%
Killik Asset Management 1,989,345 £596.8k 0% 0.03%

[thordon] 29/12/2022 20:02

Expected timetable of principal events
Under the Listing Rules, as a Standard List Company, the Cancellation can be effected without securing
approval of shareholders at a general meeting
Under the London Stock Exchange's admission and disclosure standards, Dev Clever must advise the
London Stock Exchange of the Cancellation not less than 20 Business Days before the date it intends
trading in the DevClever Shares to be discontinued.
It is therefore anticipated that the Cancellation will take effect 20 Business Days following the making
of the application on or around 18 January 2023.
Key dates:
Expected date of cancellation of listing and trading on the main market 18 January 2023
Notes:
1. References to times in this announcement are to London time unless otherwise stated.
2. If any of the above times and/or dates change, the revised times and/or dates will be notified
to Shareholders by an announcement through a regulatory information service recognised
by the London Stock Exchange.

[greedfear] 20/12/2022 13:13

Very undervalued imo.
Dev Clever completely written off.
Don't know about that.
Some pretty nice investments otherwise:











I can see one of those even using ASLR as a vehicle to go public (Magic Works?).

2p is just too low.

[solo4yous] 19/12/2022 11:55

Moving ....

[solo4yous] 16/12/2022 14:00

Https://www.twitter.com/zopelyforver/status/1603751788372426757