Member Info for GedW

Some significant, and substantial share buying recently. Could be a worthwhile decision to follow the money ?

https://www.londonstockexchange.com/stock/MFAI/mindflair-plc/company-page

Thanks for the clarification Baygot. I stand corrected !

Https://www.londonstockexchange.com/news-article/SURE/portfolio-update-and-nav-calculation-q3-2023/16248579

In my opinion the next phase in the Corporate development, will be a share restructuring in order to potentially make the shares more attractive to Institutional Buyers. I stand corrected if the Nominal price is 1p, and with the share price trading below this at .93p, there is a tight price range to which new shares can be issued. So either a new raft of Preference shares issued, and or the existing shares having to be re-aligned ? Either way, a Corporate entity with a market Cap of circa £1.7Mns is well off the radar.

Https://mindflair.tech/2023/12/02/mindflair-video/

Https://www.lse.co.uk/SharePrice.html?shareprice=PIRI&share=Pires-Inv

Https://www.lse.co.uk/SharePrice.html?shareprice=MFAI&share=Mindflair

MFAI

"A Company is not able to issue equity because the nominal value of each Existing Ordinary Share is

in excess of the market price of Existing Ordinary Shares and the 2006 Act prohibits shares being issued

at a price below their nominal value."

How far away is PIRES share price from its Nominal share price ? I have an idea the Nominal value is 1p ?

Is the historic share rejigging about to be repeated and scheduled ?

With very few material share trades coming through, despite an upbeat AGM, and despite a new identity, there appears to be little support. Indeed there is no clear floor to the share price, if anything further weakness is the way forward by the look of things, unless some dramatic, and substantial sustained Corporate news is released. SVV has not produced any material upside either despite £millions of funds raised. I would imagine those funds now near exhausted so rounds of further fundraising announcements may already be in the pipeline. The current share price is not underpinned by NBV ?

Looks like Market is keeping its powder dry until some clear share enhancing news causing some share price enhancement. PIRI or MFAI or whatever PIRES wants to call itself isn't really setting the Global AI, All things Internet on fire with its recent Corporate messages , YET ?

Excellent positive news from this Investee outfit ,hopefully giving a boost to the bombed out share price. A positive in a sea of negatives.?

On the one hand the Holding Company is suggesting everything is "hunky dory" in that the investee Companies have unlocked the vault to quote " potential upside in shareholder value" and on the other hand says that investee Companies may require further funding, suggesting shareholdings dilution ? But then we get an announcement that a Major Substantial Holder has reduced voting rights by some 5%. How can that be ? You tell me why on the one hand there is share value upside where there is a reduction in a significant shareholding reduction. The sums and perception in PIRI are confusing. Chuck more secondary funding requests monies at this alleged go getting things of the future at your decision.

Whoopy Doo ! PIRI exhausted and come to the end of its current Corporate guise. A New name/identity. But will PIRI morph into the same old Corporate moribund outfit ? The chances are that it will in my opinion.

Already certain Sure Venture investee Companies have intimated they will need to raise additional funding ? How much is SVV worth £1 Millions ? after bleeding the market of investment funds totalling £20 Millions between them and the investee Companies. This stock has been proved to be an extremely poor Corporate Investment. Chuck more secondary offerings at your peril ?

Glad they kept that bit of insight to themselves which prompted them to buy in at "this lower price2" as they are down 25%on their investment ? Lets hope they dont buy any more at this current "lower price" as insight proved to be an unprofitable investment, just as well as it wasn't more than a few hundred quid LOL as it seems they know sweet fanny Adam acronym sfa, and like mega share price fall post investment. Corporate Equity and investing in start ups with lots of hope and promise but lacking in shareholder value upside with a pinch of scepticism.

Bread today jam tomorrow /

Soon it will cost you more to sell this share, including any proceeds to buy bread let alone jam What on earth are the Investee Companies doing to bring shareholder value upside. How many year's fall promises and false dawns / How many millions of shareholder support have been sunk into these moribund black hole coffers? Too much for nil return. The next phase will be more monies needed for working capital and marketing, leading to nothing return ? Corporate Finance only serves to enrich Corporate Coffers in my opinion. Even the Holding Companies are showing continued weakness and share price decline. PIRI will follow suit ?

Flim Flam. How much of investment strategy is based on Twitter posts ? How well informed is the info or like so much of verbiage is hype and speculation. No where is there any reports of increased sales/turnover market expansion from any of the Investee Companies just jam tomorrow and give us your money "NOW" ! ? Even speculators ducking and diving on the minutest share price fluctuation. No serious uptake of available shares taking place. SVV share price still stuck and hovering at stagnant levels. Convince the audience PIRI has the where with all investments to go places ? so for just hope and speculation and more and more fundraising. Sooner or later fundraising may end up in the Corporate Finance black hole. GedW's only opinion.

Some savvy investors may say "PIRI is a dead loss" so why not invest direct in https://www.londonstockexchange.com/stock/S247/smarttech247-group-plc/company-page

What could be worse than cutting out the middle men ?

When PIRI was talked up to 17p and beyond before Corporate Equity Fundamental reality and common sense kicked in. PIRI continues to show equity weakness so where do those alleged rampers or seasoned substantial shareholdings now see where PIRI share price is heading ? So far it is a slow down hill trend with no obvious upside allegedly.

Looks like PIRI business as usual without any upside. If this is how its going to be, then there is no future news to get excited over. Just chucking good money on a moribund investment strategy. What PIRI needs is a flurry of rampers predicting 21p and beyond ? That strategy worked last tim ? However this PIRI is proving to be a poor portfolio investment strategy.

https://www.londonstockexchange.com/stock/S247/smarttech247-group-plc/company-page

Positive response from PIRI to the latest SVV Investment fund announcement.

Nicholas Lee, Director of Pires, commented:

"Following its launch in March 2022, we are pleased to note the second investment of the Sure Valley Ventures UK Software Technology Fund. Jaid represents a very exciting, high-growth potential opportunity in the increasingly influential AI as a Service sector. The proceeds from the funding will be used to scale the business, grow Jaid's machine-learning team and geographical reach, as well as for the exploration of new verticals, such as the healthcare industry, where the company sees significant untapped value.



"We look forward to providing further updates with regard to Jaid and the SVV Software Fund in due course."