Interview with CEO Matthias Mathieu: PEACHES AG at CDC Capital Market Conference in Munich
(firmenpresse) - (DGAP-Media / 28.03.2013 / 14:47)
During the CDC Capital Market Conference in Munich, renowned stock market
author, stock market commentator and lecturer Beate Sander spoke with
Matthias Mathieu, company founder and CEO of the listed PEACHES AG, about
the company's repositioning in the past year and his vision for the
corporate group.
Just like every spring, CDC Capital GmbH issued invitations to its popular
capital market conference 'SEVEN SINS - SEVEN CHANCES', a well-established
and popular event among experts, on Wednesday, 20 March 2013 at Munich's
renownedLehnbach Palais bar and restaurant. This time, interest ran so high
that eight SMEs gave presentations. The conference, which is highly
esteemed among institutional investors in particular, was arranged for the
first time in cooperation with ACON ACTIENBANK. CDC CAPITAL was also able
to secure GXG Markets from London as a stock market expert and the Krammer
Jahn law firm as its legal advisor. In other words, a quartet of organisers
with outstanding technical expertise.
In these challenging times of a financial and debt crisis that is far from
over, historically low interest rates mean there really are no alternatives
to high-growth and high-value shares. Yet Germany's private investors in
particular have become cautious and fearful, shying away from investments
despite low ratings in a long-term comparison. A thriving share culture is
hardly evident in Germany. It is high time for this to change, since
savings accounts and fixed-term deposits equate to a creeping destruction
of capital when the inflation rate and withholding tax are taken into
account.
Three questions for company founder and CEO Matthias Mathieu, PEACHES
Beate Sander: My search for preliminary financial figures for 2012 was
fruitless. Why are you not disclosing anything and holding back on an
outlook?
CEO Matthias Mathieu, PEACHES AG: We are currently in the final phase of
preparing the annual financial statements. Since we have not published them
to date, we are unfortunately not in a position to release any figures. I
understand that the shareholders are interested in the performance figures.
And I can assure you that we will publish the figures by the end of April,
at the latest. Please understand that our experiences with predatory
shareholders and vexatious litigants have made us extremely cautious, so
that we only release financial figures and forecasts that are available to
all shareholders simultaneously. I grant that this was not clearly
expressed at the conference and would like to apologise for that.
Your promising company is listed in Stuttgart and Berlin. Yet your share is
barely traded and virtually unknown among private investors. What can you
do to change this unfavourable state of affairs?
CEO Matthias Mathieu, PEACHES AG: Satisfied shareholders are important to
us. This is why we are currently debating whether we can improve trading of
the PEACHES share with a capital measure and larger shareholder base. We
are also pursuing acceptance in the Entry Standard of the German Stock
Exchange in Frankfurt. This requires us to prepare a prospectus and provide
regular information to our shareholders. Over the coming months, we will
take the right steps to establish transparency for our investors.
You reported debt on your 2011 balance sheet. What happens from here? Are
you getting sales and earnings under control? Whatis your vision for the
years up to 2015?
CEO Matthias Mathieu, PEACHES AG: The years 2006 through 2011 in particular
were very much defined by the original Mobile Payment business area. The
fact that the PEACHES GROUP was able to play an important role in
cooperation with large telecommunication groups and banks is no secret. Yet
these large enterprises have not advanced as quickly in the market to date
as we, as a partner company, would have liked. This is why we began
developing the Prepaid Services business area in 2012. It will be our
primary focus going forward.
We have been live with our end customer product 'prelado' since November of
last year and are now starting to generate sales in this business area.
Furthermore, we are conducting promising negotiations in the B2B segment
with numerous potential customers in banking, mobile communications and
social media. We expect to conclude contracts in the current year. I am
convinced that the realignment of the company and our innovative product
portfolio are establishing the way forward and indicating that we will
assume a prominent position in the field of digital prepaid services.
Please notify us of publication.
About the PEACHES GROUP:
The core competencies of the Peaches Group can be classified under two
different segments: Payment&Prepaid Services.
The group has practical mobile payment experience and positions itself as
an independent mobile payment acquirer with its own mobile payment
technology platform. Peaches also acts as a reseller (PSP, payment service
provider) for the 'mpass' mobile payment process of Telekom, Vodafone and
O2.
The Peaches Group is active as a provider of prepaid reloading solutions.
Under the prelado - prepaid anytime&anywhere brand, the Wiesbaden-based
group operates its own prepaid service platform and provides users with a
reload service in real time for prepaid mobile phones via an app, mobile
web and the internet. A free, provider-neutral prepaid mobile phone credit
balance indicator is also offered via an app (Android and iOS).
The Peaches Group includes the companies PEACHES Systems GmbH, PEACHES
Mobile GmbH and REA MOBILE GmbH - Companies of PEACHES AG.
End of Media Release
The picture belonging to this press release can be found here:
http://newsfeed2.equitystory.com/peachesag/205560.html
Caption: CEO der PEACHES AG: Matthias Mathieu
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Issuer: PEACHES AG
Key word(s): Finance
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company of EquityStory AG.
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205560 28.03.2013
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Datum: 28.03.2013 - 14:47 Uhr
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