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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.
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.
PS! Warrants being dumped, in droves 2,000,000 yes 2millions recently. If PIRI has so much upside due ? Why dump now ? Why not wait for 21p or 40p ? Don't be coy but hands up those who think GedW is an idiot buying or topping up now based on all Corporate available information. GedW is using recent profits after selling a chunk at 17p to buy in if the strategy fails then neutral at 5p. But still running massive profit after buying in at sub 2p. You make your mind up. Some still looking for 21p just to break even .
GedW told you that D day 17th May was "alleged" how true was that. GedW told you PIRI was overvalued on current fundamentals, how true was that. in 2017 GedW told you PIRI was worth looking at as a bombed out "shell" , https://www.lse.co.uk/chat/general/gedws-hotties/piri-9B939C88-1B61-4790-AC2A-BE91DC6F3412.html how true was that ? How true was it that GedW told you those buying in at 17p on speculation of a 21p/40p upside on fundamentals was a fallacy, how true was that. How many £0000,00s of pound sunk into the minnow corporate bin ? True. So get your heads out of the clouds and smell the "coffee" PIRI is not being ramped because of the continuing uncertainty and speculation ? Who's the idiot ? Not GedW. Pontificate as to GedW as much as you like, experience will out every time ? PIRI now has to deliver on its speculative and alleged Corporate upside with strong positive and tangible upside to warrant the current Market Cap
Can you see what GedW has done there. Set the hypers to bite back and agree GedW was and is correct on every front, but not necessarily in that order. Dare GedW say a n alleged secondary fund raising offering has been in the pipeline for a while now, purely speculative, but that is what listed Companies live for ?
Third person GedW told prospective and heavily investors that the float for 17th was "alleged". What an idiot they said. So who was idiotic buying on such alleged timescale at massively overpriced stock valuation? Not GedW. You see GedW comes from a Corporate background of 40 years plus and knows that all publicly available, and all known information is and will always be built into the current share price. Those that are on catch up will end up losers. Having said that PIRI, skoosh, presents a value stock at current levels tinged with speculative valuation.
Thoe that bought high have lost bundles, even shareholders have lost loads buying in at 17p are annoyed ? Even those that told gullible investors to buy in have lost at least £25, 000? Tell Ged W that that is incorrect. Not many buyers of alleged shoert stock bought in Friday, knowing full well that a float of an investee company will makes riches beyond net asset value. COBBLERS. All publicly available information is in the price ? GedW
Marvellous ! Rattle the egos of those who have a great deal to lose if PIRI cannot prove that all near future investee upside is already built in, then go out and buy more stock to make a feckless point ? Then tell the world how they "got at " GedW third person by buying more stock at hyped up prices ?. Oh Boy how they jump through the hoops and take credit for raising the share price, only for others to trade on their egoistic justifications. GedW is supposedly on filter, but has the ability to animate those who plaster their dealings to all a sundry. GedW keeps powder dry, trades to suit market sentiment, made bundles and not locked in. Only a week to go ? the question posed is how much of next week's float is already priced in ? None some or all ? There is too much of a disparity between NAV and MC. GedW third person. Please pump up the price and do a favour?
Hi: It has now proved correct 20p/21p was far fetched on then fundamentals, even share price of 40p was being banded about. But it would by those with an invested interest. GedW did not believe in such "pie in the sky" projections. With a NAV just over £2Mil and a MK of £17Mns there is more than enough near future price enhancing news already built in. PIRI cannot survive on speculative investments, it requires solid income or solid capital growth from its investments. So far it appears upside is priced in. But this is just an proven observation and objective opinion.
Hi Techtronic. If your belief is true, then PIRI has cleared out a bit of dross for a far more lucrative investment. So what was once an investment to untold fortune has been turned into something less so certain ? Or is GedW reading things wrong here. The share price appears to be fully valued on all known publicly available informatio. Analysts are still not jumping on this alleged perceived undervalued stock.
Hi vbeckers: You may be granted further opportunity to buy in cheaper if the current performance of YOP is any indication of direction. Weak is not the word ? But hey ho you buy high and price falls you cry buy lower or low you when price hits new highs crow. Either way every one tries to convince others they called it correct based on future performance.
One ! would have imaged this post and link would have had a positive impact on the share price ? But then again the Market anticipated all available information. Something unknown and spectacular would need to be announced before the share price of PIRI shakes off its current narrow band. Just an opinion as valid as any other !
Has this alleged IPO already been priced in ? My guess that the City will not be caught off guard. There is no insider information here ? As has been agreed this is an efficiently priced share, with all known information priced in. Thos that filled their boots back in 2017 can now trade in and out nicely taking advantage daily market sentiment. Those that have already bagged massive profits since first extoling the re-invented virtues of this share can trade nicely. Those that caught out previous and need 21p+ to be in profit can hope and prey the upcoming alleged IPO's are not diluted with Corporate share holder dilution restraints.
GedW Premium Member
2 Jan '18
Share price is ticking up nicely since first reporting on this tiddler. With 250 thousand shares bought this session, with previous buys, indicating some interesting upside due. A Good Nice Clean Shell waiting for a predicted substantial uptick.
Hi Nick: This might put your mind at rest regarding GedW's interest in PIRI. Pick on the bones out to suit.