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Pinnacle Technology Share Chat (PINN)



Share Price: 6.875Bid: 6.75Ask: 7.00Change: 0.00 (0.00%)No Movement on Pinnacle Tech
Spread: 0.25Spread as %: 3.70%Open: 6.875High: 6.875Low: 6.875Yesterday’s Close: 6.875


Share Discussion for Pinnacle Tech (PINN)


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Korg
Posts: 268
Observation
Opinion:Strong Buy
Price:10.25
View Thread (2)
RE: Changes afoot….
3 Jul '14
Big changes!

Those individual divisions that created a bloated business has been trimmed down in to one leaner managable business.. This is what coms would have done had they purchased at 22p last year.

Your right, If coms are worth £40 million market cap for essentially the same bussiness, plenty of upside to come.
 
Dibs61
Posts: 6,325
Premium Chat Member
Observation
Opinion:No Opinion
Price:10.25
View Thread (2)
Changes afoot….
3 Jul '14
Time was when you could hear a PINN drop here….. Times change. Been on my watch list for a long time and was 'in' at one point but the bloated complacent business lost money again and again.

Now things look different. Quite different. However I can't help agreeing with the theory of a placing regardless of the recent director purchases because they do look short of cash. Don't get me wrong the director buys are encouraging but not HUGE investments in the business. They look designed like market confidence boosters to me.

So I'll wait for a bit longer I think. Might be wrong but if this turns they'll be plenty of upside potential to jump on board anyway.
Korg
Posts: 268
Answer
Opinion:Strong Buy
Price:10.25
View Thread (2)
RE: Director Buys
2 Jul '14
Well pete, I keep telling you all look out for that turnaround. These buys backup that view. More news this month IMO.
jollyspeculator
Posts: 14,574
Off Topic
Opinion:No Opinion
Price:10.25
Pete
2 Jul '14
lol..good flexibility
4PetesSake
Posts: 4,041
Off Topic
Opinion:No Opinion
Price:9.75
View Thread (2)
Director Buys
1 Jul '14
Decent sized buys from 2 more directors suggest that they are confident about the prospects. Perhaps there is still some life in the old dog.
Korg
Posts: 268
Observation
Opinion:Strong Buy
Price:9.75
View Thread (2)
RE: Korg
1 Jul '14
Good to see you rate nicks abilities. I think he has enough experience and common scence to run and build up a company of pinns size.

The 'going private' scare story's have been doing the rounds for years and years and years. Boring.

I think all the issues of the past are being resolved now by good planning and management rather than boardroom spats and throwing money at it. Also the eccomy is gaining strength and investment is increasing.

Profitable return to growth should see the market cap/sp flouish.

Good luck to you too in your other investments. Live long and prosper:-)
redknight1
Posts: 615
Answer
Opinion:No Opinion
Price:9.75
View Thread (2)
Korg
1 Jul '14
I actually made £3,000 in total, having at one time had £52,000 of PINN's shares, but I saw the writing on the wall, baling at 20+
I've read Nick's cv; a very impressive list of companies but he's never been a CEO...
If you've followed me before, you know my view, this company will get taken private...
Best wishes
KaChing
Posts: 4,105
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:9.63
View Thread (2)
RE: Follow
1 Jul '14
Maybe someone is, not me though, not yet anyway
KaChing
Posts: 4,105
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:9.63
View Thread (2)
Follow
1 Jul '14
The money! lol ......
KaChing
Posts: 4,105
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:9.63
Well
1 Jul '14
Including what the Chairman bought in the placing, I make that to be about £120k he's put in here this year!



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