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HUM CEO updates on the Yanfolila Gold Project now fully funded. Watch here

HUM CEO updates on the Yanfolila Gold Project now fully funded.


Pinnacle Technology Group Share Chat (PINN)


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Share Discussion for Pinnacle Technology Group


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Rocka999
Posts: 5,493
Off Topic
Opinion:No Opinion
Price:8.75
View Thread (2)
RE: Pinn
25 Jan '16
I bought in at 7p last year so still afloat at the moment, the placing has really stabbed the PI's in the back which makes this a long term play now and I'm talking 3-5 yrs imo
 
sweepie2
Posts: 2,263
Off Topic
Opinion:No Opinion
Price:8.75
View Thread (2)
Worth a dabble
25 Jan '16
if price slips all the way back to 3p imo, bloody theft pricing the placing at 4.2p and damages the credibility of the directors yet again, STAY AWAY
Aphrodite
Posts: 3,469
Off Topic
Opinion:No Opinion
Price:8.75
RE: Pinn
25 Jan '16
Anomaly here now, I think. Many with confidence at this price due to previous movement, despite placing etc.,some locked in.
No favours done to anybody.
Mogadon
Posts: 85
Off Topic
Opinion:No Opinion
Price:10.125
Pinn
25 Jan '16
The management team may well be good.
So what.
The management team at Woolies was good.
Your paying for future growth now!!
Nobody does that.
Its a bubble and it will burst.
It will take years of hard work to turn this around along with multiple placings along the way.
They have proved to the world they dont give tuppence about you the investor so future placings will be at their benefit not yours.
They have destroyed all credibility with this fiasco and fiasco it is.
Korg
Posts: 2,968
Off Topic
Opinion:No Opinion
Price:10.125
pinnacle
25 Jan '16
not trolling, just amazed that this is defying the the laws of findamentals. Have they got david copperfield in to create some sort of illusion of value? Looks manipulated to let the flippers flip.
Rocka999
Posts: 5,493
Off Topic
Opinion:No Opinion
Price:10.125
RE: Pinn
25 Jan '16
Excellent management team and advisors now in place, some short term pain for a long term gain methinks
Mogadon
Posts: 85
Off Topic
Opinion:Strong Sell
Price:9.625
Pinn
25 Jan '16
They made it clear today that there will be more placings here.
If anything like the last one (and we must assume it will be) then it will be done in a manner that lines the pockets of the privileged at the expense of the gullibile private investors.
This is one to avoid forever and a day!!
Mogadon
Posts: 85
Observation
Opinion:No Opinion
Price:8.875
View Thread (2)
Pinn
25 Jan '16
Its not shrewd at all it is outright theft!!
This is priced at future profits if any 3 years down the road.
Everything is priced in for years to come.
8.75p would be any sensible persons sell price in 3 yrs time.
This is worth 4.2p at best.
It operates at the smallest end of the sector and it wont be a walk in the park.
Right now you are paying to buy something that might not even happen over the next 3 yrs.
Whether you like it or not it will drift back to the placing price.
True value always will out in the end.
Humungousaur
Posts: 410
Off Topic
Opinion:Strong Buy
Price:9.25
RE: PLACING at 4.2p
25 Jan '16
It can't possibly go to that level because of where people are invested.

Sure it will bobble about a bit consolidating here or moving gradually up from here which is what I expect. Like with all good shares going up but not in a straight line.

This share was ramped to this level in the first place. This is now the starting point. Or things being relative this is now the price per share and it makes no difference. Indeed get in now to be on the safe side and long term hold. A good old buy and build.
badeli
Posts: 515
Off Topic
Opinion:Hold
Price:9.00
MXCP the winners
25 Jan '16
Very shrewd business from MXCP - they have acquired a significant holding in a company which has potential at a price significantly lower than might have been excepted although, reading their RNS this morning, it is clear that they have paid what they believe to be a realistic price given the financial challenges being faced by PINN. I believed in PINN's potential before and it is now perhaps more likely to be realised although it is a shame if PIs have lost out as a result of Friday's fall. Now a long-term hold in my view.




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