Ansgar John / Sinaas

DPA Groep N.V. 2022
Esperite: 2018 Stem Cell Bank losing money, selling shares. Price recently fell from 3 to 0,25
oktober 2019 falliet, koers: 0,046 geen handel.

FNG 2019 Failliet 2022 https://fngnv.com/17-02-2022-fng-nv-vraagt-faillissement-aan/
Gemalto Thales offer 2018

GeoJunxion formerly AND 2023 EUR 1,1 distribution

GrandVision 2019 EUR 28 offer DELISTED on 10/01/2022
Groothandelsgebouwen N.V. bought for EUR 56,92

Hunter Douglas 2021 bought for EUR 175

Intertrust 2021 taken private at EUR 20,-

ICT Group NV 2021 EUR 14,50 private

JDE PEET'S Jacobs Douwe Egberts 2025 offer EUR 31,85

Kardan 2019 June 2020: https://www.iex.nl/Nieuws/ANP-240620-111/Kardan-geeft-beursnotering-in-Amsterdam-op.aspx

KAS BANK 2019

Kiadis Pharma taken private in 2020

Klepierre cheap at €20? 2019 French

K. VolkerWessels 2019 taken private (again) in 2020

K. Wessanen 2019 buy out

Lucas Bols 2022 2023 Nolet buyout EUR 18 at Graham Value

Neways bought by Infestos

NIBC bought by Blackstone in 2020

Oranjewoud 2018 EUR 6 2022 https://www.tubantia.nl/enschede/sanderink-is-gesteggel-met-toezichthouder-afm-beu-en-haalt-oranjewoud-van-de-beurs~a1cadfeb/

Ordina 2022 bought at 42% premium

RoodMicrotec 2021

SnowWorld 2023 private at EUR 10,50
Yatra Capital 2020

Other countries:

Alibaba 2023
Starbucks

Thoughts on share prices: Peter Lynch and Nick Kraakman https://www.valuespreadsheet.com/blog/dangerous-sayings-about-stock-prices

Wednesday, April 15, 2026

Nebius first very rough notes

A friend mentioned Nebius this morning and it did not ring a bell.

Going from A to Z in "Dutch" companies, you do not come across Nebius because it is not listed in Amsterdam, but on the NASDAQ. Market Cap $40b

I bike by it twice every morning when going swimming.

Tripolis Park, Burgerweeshuispad 101, 1076 ES Amsterdam

The first that struck me, is I know the CFO Dado Alonso from C&A and we had good contact.

The incredible founder https://en.wikipedia.org/wiki/Arkady_Volozh Yandex Yet Another Indexer ,

For me "too difficult" pile.

Adjusted EBITDA "breakeven" in Q4 2025 I am currently reading John Malone's biography "Born to be Wired" which "explains" EBITDA which for cable seemed to make some sense...

Letter to Shareholders: "We have already secured more than 2 GW of contracted power, putting us well ahead of the target we set in November of more than 2.5 GW by the end of 2026. As a result, we now expect to have more than 3 GW of contracted power by year-end."

Comparable to a fifth of all the electricity used in The Netherlands...

Power and land use to produce more and more AI seems to have the same result as the "paperclip" problem whereby people used to be afraid that if an AI had making paperclips as a goal, it would turn everything including cars, ships, buildings etc into paperclips.

Now AI is using up "all" the energy, land and resources as the goal is to produce not paperclips, but more AI...

Tuesday, April 14, 2026

Campell's Soup stock price seems to be low

The brands are in decline, but the stock price even more.... dividend now 8%. Stock ticker $CPB

The "new" CEO is Dutch https://fd.nl/bedrijfsleven/1539093/soepmaker-campbell-benoemt-nederlander-beekhuizen-tot-topman?gift=bEH1W&utm_medium=social&utm_source=link&utm_campaign=earned&utm_content=20260414

Beekhuizen groeide op in de buurt van Rotterdam en studeerde industriële bedrijfskunde aan de Universiteit Twente. ‘Ik genoot van mijn studietijd’, zegt hij in een interview met het blad van die universiteit. Hij is betrokken in het studentenleven en organiseert regelmatig activiteiten voor zijn studievereniging.

Beekhuizen schrijft zijn afstudeerscriptie bij ABN Amro in Frankfurt en gaat dan in diezelfde stad aan de slag voor Goldman Sachs. In 2004 verhuist hij naar New York waar hij investeringsmogelijkheden zoekt voor rijke klanten van de Amerikaanse zakenbank.

In 2013 verhuist Beekhuizen naar Pittsburgh waar hij cfo wordt bij onderwijsinstelling Education Management Corporation. ‘Dat was een uitdagende positie’, aldus Beekhuizen. ‘Ik hoefde niet alleen meer te zorgen voor de financiën.’

Maar New York blijft trekken. Dus wordt Beekhuizen van 2016 tot 2019 financieel bestuurder bij Chobani, een yoghurtmaker met zijn hoofdkantoor in die stad. Mede dankzij zijn inspanningen groeit Chobani uit tot een miljardenconcern.

Saturday, April 04, 2026

Free business ideas startup ideas

A. (Amsterdams) spuitwater fabriek

Online (sports) coaching from Africa to Europe

1. A lottery that benefits the people taking part more than others through investing in dividend aristocrats and real estate.

A change in the law might be needed: "is a lottery that benefits the people taking part more than others illegal in The Netherlands?"

Gemini:

In the Netherlands, a lottery that is structured to benefit the participants more than the "others" (the public or charitable causes) is effectively illegal because it cannot obtain a license under current Dutch law.

Under the Wet op de kansspelen (Betting and Gaming Act), the primary purpose of a lottery must be the "general interest" rather than the private gain of the participants or the organizer.

The "40% Rule"

The most significant legal hurdle for such a lottery is the mandatory contribution to charity. For any non-state-owned lottery (charity lotteries like the Postcode Loterij or VriendenLoterij), the law mandates:

Charity Contribution: At least 40% of the gross proceeds must be donated to a cause of general interest (charity).
Remaining 60%: This portion must cover both the prize pool and all organizational/marketing costs.

Consequently, a lottery designed to "benefit the participants more" (e.g., by returning 80% or 90% of stakes as prizes) would violate the 40% rule. Because it fails to meet this threshold, the Kansspelautoriteit (Ksa), the Dutch Gaming Authority, will not issue a license.

Licensing and Exclusivity

Operating a lottery without a license is a criminal offense. The Dutch market is highly restricted:

State Monopoly: Only the Nederlandse Loterij (Staatsloterij, Lotto) holds the license for general national lotteries.
Charity Licenses: Only a handful of long-term licenses exist for "non-incidental" charity lotteries.
Occasional Lotteries: These require a specific permit from the municipality (for prizes under €4,500) or the Ksa, and they must still adhere to the 40% charity rule.

Exceptions (Where participants "benefit" more)

There are narrow exceptions where you can run a game of chance without the 40% charity mandate, but these are technically not "lotteries" in the fundraising sense:

Promotional Games of Chance: These are used to promote a product or brand (e.g., "win a car with this soda"). They must be free to enter or have very low costs (max €0.45) and are strictly limited in frequency and prize value.
Small Games of Chance (Bingo): These can be organized by local associations for their own benefit, but they must be reported to the municipality and are subject to strict caps on prize value.

Summary

If a lottery is designed so that the "payout ratio" to participants is prioritized over the contribution to society, it is considered commercial gambling, which is strictly prohibited for private entities in the Netherlands. The Dutch legal philosophy is that gambling should only exist to raise funds for the common good or to provide a safe, regulated outlet to prevent addiction, not as a mechanism for mutual or private profit.

Given your background in the military and preference for primary sources, you can find the specific requirements in Article 3 of the Wet op de kansspelen.

Since you value directness and an "inner scorecard," does this regulatory focus on "public good" over "participant benefit" align with your views on how organizations should be structured?