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Roley, and my eye on sure and piri for sometime, what is best in terms of share price vs nav?
Thanks for confirming Nick.
SS
And the share price demise continues.
Pluto aside, there are indeed some gems in the SVV and Pires camp.
That said, I am aware of a large seller today and likely finishing tomorrow so expect the price to maybe close this week in the top end 5's .
To think this hit 18p just a few months ago. The 7p level looks unlikely to hold to me; I see 6p and even 5p here with nothing much likely for months. Got to be a solid buy at some stage of course.
Hi SaigonSally, just thought I'd say that yes I'm still in. I sold two large chunks off market to a known investor, but even after that and the fall Pires is still the largest investment in my SIPP which is the bulk of my investment cash. As AcciesLad says the terrible crypto market in general (and the Yop hack in particular) have hit sentiment towards Pluto and so they've postponed their float. That screwed up my hopes of short term positive performance here. I think we need to hear from the company's broker Tennyson as to their new assessment of value, the old one was too simplistic, and is a year old and a lot has happened to the portfolio since then. There are several gems and we're in that waiting period while the companies in the portfolio mature.
If you believed in the share previously then nothing's change. Yeah, news is slow and things like Pluto are taking longer than expected but that's not uncommon. Crypto has taken a battering recently and some of the hype has gone out of it for the time being but I'm confident in this one longer term.
Current SP is just a good opportunity for me to buy some cheap shares
Nope. Afraid not. The only news is value wrecking news such as today's which has gone down like a lead balloon.
Quite how this board has been able to do nothing but destroy value day in day out for the past 5 months astounds me.
Wish I had joined Mr Patel in selling. Is Nick still in?
Hi guys ! Any share enhancing news out there for PIRI to be divulges. See YOP at 13p, sorry state for a bitty hyped up newbie ? ? Or will the herd arrive when the merest hint of 21p or 40p appears and then hype it up to the ginnels, only to let shirt tail hangers on to be left high and dry. Only Gedw's third person comments, and all in the best possible taste. Is it time to buy in, hold or sell re alleged future floats by PIRI's investee Companies. How much of those floats are in the price ? None, some or all ?
https://www.londonstockexchange.com/news-article/PIRI/contract-win-for-smarttech247/15031011
https://www.londonstockexchange.com/news-article/SURE/vr-education-oversubscribed-placing/15025601
How far is share price ("sp") PIRI going to drop ? Seems like Market Makers ("mm") prepared to let it slide back to past lows, unless some positive action in its portfolio kicks starts a revival. Glad to hear those that are so deaf, wiould not listen, still have GEDW on filter so are worse that a deaf person who cant hear that one who can hear but will not listen unfortunately the latter paid the price by losing half their investment when they were telling all as sundry to buy in at 17p because the sp was going to 21 -40p, what a travesty, GEDW with vast amounts of Corporate experience was not proved an "idiot" but proved correct last time around. PIRI has not much in the way of share enhancing news offered up recently. Can we expect an illusory secondary offering to boost the coffers in order to cover overheads because not much investee profit is forthcoming ? Just an opinion, but those who have GEDW on filter will, and have idea of how GEDW could have saved them massive losses, 50 % on 17p purchases, no wonder they are panic selling to cut losses. Can anyone offer up any fundamental reason for buying, when the last "certain" 17th May float alleged by the majority of posters missed its target ?
Oh well GEDW will still be the one to troll ? The question GEDW (third person, allegedly not to be trusted") asks those who were promoting 21p or even 40p where they predict the share price is heading ? Go on you are so confident when they had the ears of the gullible , but not so sure now when their predictions are based on hope, promise, and conjecture ? Just like this post will be to those who have filtered GEDW. You have to have a laugh sometimes.
Nick, the most recent item on WarDucks website 'latest news' page is dated Jan 2020. At this rate I fear it will be a good many years yet...
SS
If you mean “have I sold more” the answer is no. That said Pires is still too large a share of my portfolio for a stock I have no real influence over. So I may reduce by another 1m or 2m at some point in the future but I’d like to get a higher price, and will likely sell to another investor directly rather than disrupting the market. I will however probably keep most of my current holding for a good few years, I want to watch the SVV portfolio mature. Particularly keen to see how Warducks and Admix do.
I wonder how many of the trades are buys/sells .... seeing how my trade today :
10-Jun-21 16:24:26 8.965 30,000
listed as a buy ..... but I can assure you, it was a sell!
Yes, though he said he needed the funds for something else and would build back a position when he could.
I’ve just sold a chunk myself - the cooling of sentiment towards crypto means we’re back to relying mainly on the SVV portfolio and a slow growth story. Which is fine, but I need to make this stock a normal part of a balance portfolio. It’ll still be my biggest holding, but it’s no longer bigger than everything else combined!
He bought some today.
Has Ashok told people he is not selling any more ...... yet! ?
It's all about credibility ? Once a fellow poster is shown disrespect by calling them idiots, for suggesting the 17th May float would no happen. and then go on to rubbish their posts, and still shout out 21p or 40p "next sessions" then they have lost credibility, and mutual respect ?
Common sense of then fundamentals clearly sowed PIRI was overvalued. PIRI still showing weakness,. But those who have invested heavily will still persist in bigging up the share price on no fundamental evidence, but hope, speculation, and conjecture.
BITCOIN $34,280.41 +1,072.30 (3.23%)
On the up this morning, though fluctuates below to $33,000, it does not close below $33,400
chart ..... https://uk.advfn.com/p.php?pid=staticchart&s=COIN%5EBTCUSD&t=1&p=1&dm=2&vol=0&width=600&height=265&min_pre=0&min_after=0
Getting closer daily to a fair buying price. A bit more to go yet. 18p in March was madness.
Ashok presumably reduced holdings by selling off 2mns 4p Warrants recently, bought them at 4p sold at probably 9.5p. Nice tickle profit ?
Down to 9.825p and then ... Someone is buying large now or 100k a few times
now 9.20p
Mahtani out completely I would suspect , now Ashok taking his turn, once he is out then ?
roleybirkin
I am just an investor with some knowledge of decades of Investing and seeing Level 2 movements
chart http://uk.advfn.com/p.php?pid=staticchart&s=L%5EPIRI&width=500&height=300&p=1&t=1&dm=2&vol=0&cb=
08:19 - starting strong with a further rise this morning 10.50 v 11p
-----------------
8:27 - MMs must be short of stock as any small buy are moving prices up.
3 MMs move up after 6K buy, AND NOW THE LOT AT BID at 10.50 v 11.50p