CPI Property Group (CPIPGR)

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Waterfall chart slide · 70%

We estimate the future payment obligations for just the apartments under construction to be in excess of ~€220 million and coming due over the next few years.

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fraud-exposure 90%

The slide explicitly contrasts public company claims with internal report findings to suggest misrepresentation.

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The slide uses investigative findings to challenge the company's public valuation claims.