It has been alleged that my recent footprinting style is alleged to be de-ramping it is then by definition anything that is written positive about PINN is ramping! Only myself and my broker know my trading strategy and buys and sells so unless you are one of them you others will be left quessing but it has been stated that no=one gives GedW.s comments any credible worth so why spend so much effort and energy with the dialogue, it makes no sense to me. But getting back to the real reason for this entry, the current share price presents a good buying opportunity to the "rampers".
Hi halfback. Your'e the one with the questions and conjecture. The market will decide the fate of the share price judging by this mornings sell offnot some insignificant rhetoric on a bulletin board from some anonymous bulletin board member, is that right?
Are institutional holders obliged under the listing rules and companies act to notify the company of any change to their existing holdings? Supplementary question is could institutional holders increase their stake in order to maintain their percentage holdings in anticipation of a secondary issue of shares. Many companies do not update the holdings pages on their websites regularly and some not at all? All this negative rhetoric could have a negative impact on the share price if the right buttons are pushed. One thing is for sure no-one is in any doubt as to the virtues of PINN.
For example GedW has in the past been a supporter of these shares and someone who was worth listening to. Now we get inaccurate quotes being using to try to deramp the share. He has either sold and wants to get in at a lower price or is not likely to invest again and should take his inaccurate quotes somewhere else. Either way my respect for his postings has evapourated.
Investing in shares has always been in essence a gamble,an educated one maybe,especially if you do your own research which everyone should do before they risk their hard earned cash,or maybe dole cheque,whichever is applicable. What really ****es me off are these ppl who claim to be in "the know" and spout a load of claptrap about how crap this or that company may be,if you don't like what you see then sod off,as I have said before we all invest with our eyes open and grant us the respect that we have the intelligence to make our own minds up without listening to some bull**** ramper or damper. Don't post just for the sake of it to boost your post levels,if you have valid, educated,inside maybe information then fair enough but don't try to impose your often misguided wisdom or otherwise on people that may react,to their cost on your unsupported and often contrived balls. Moan over....
You are either careless or deliberate in your inaccuracy. The interims refer to 2800 clients not 2500 as you state. In quoting the board you use the word "struggling" nowhere in the document does that word appear. ctrl F to search a pdf. The document does say "Challenging trading conditions, a lower level of high-profile event related activity, and a reduction in the number of IT Security projects impacted the results in this half year. However, our high levels of recurring revenue, new, stronger Non-Exec Board, strengthened senior management team, and the financial support in the form of a £2.65m placing from City Institutions, mean we look to the future with great optimism." That was the position 6 months ago and the SP has reflected this result, however, looking forward we have had a new sales team recruited, the CEO has bought shares in the market and we have a new broker N+1 who wouldn't have anything to do with flogging a dead horse. The fact is they are buying shares in the market for their clients. If you don't believe me, look at the RNS concerning their share dealings from when COMS announced their interest.
PINN once boasted that it had regular 3000 clients but at the interim stage that had reduced to 2500 and PINN was struggling with its core cross selling strategy., the board's words not mine. So by definition with no pre close trading statement news and no effective add on businesses effectively utilising the £2.6mns February funding so far but has probably been used to shore up day to day trading activities and corporate mishaps one can assume it has been swallowed up by working capital purposes, as it was one of its intended and well advertised purposes, so no surprises there. The PINN Forum continues with it pro PINN stance and any negativity towards PINN's past £50mns corporate value boast is quickly snuffed out! It will take some corporate magic trick and corporate slight of hand to achieve a £50 millions business boast. from a few years back. some still believe in the dream and forget the boasts and are quite content to let the Board of the hook so easily without comment or scrutiny as to the delivery of such boasts judging by the recent bulletin board hype with those same purist types chasing the elusive fools gold rainbow now as they did then and will do anything to rubbish all dissenters.
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