Member Info for GedW

Maybe buys connected to SPREADEX long purchases on announcement of 15 Dec investee float ?

Having recently gone, allegedly , long on almost 6 million shares looks like SPREADEX LTD is expecting a nice earner from tomorrows float by one of PIRI's indirect investments. Investors appear not to be following the lead judging by recent purchases. With PIRI share price still showing weakening signs, mixed messages, as always, surrounds the direction in which PIRI share price will follow. But what is for sure at least one investee Company will be valued much higher than its current nbv.

Is anyone joining me in speculating that a share consolidation is on the cards, and will happen sooner rather than later. With the share price weaker and weaker some drastic corporate finance manoeuvring is possible.

https://www.londonstockexchange.com/news-article/SURE/portfolio-update-q2-2022/15631492

Any upside in SURE share price and increased market cap in continuing market difficult trading environment will increase PIRI's holding valuation ,possibly leading to some upside in PIRI's share price.

After the latest bubble burst what direction will PIRI take in order to deliver up that promised shareholder value improvement ? Perhaps further secondary offerings, the aborted takeover must have cost PIRI a few bob in Corporate fees perhaps ? Unless we start to see some substantial improvement in Investee performance, and a rise in SURE's share price PIRI will tread water for now but not unless a "white knight" is out there.

Read this obvious share like a three ring circus tragedy. The current position comes as no surprise. All those secondary offerings have come to nothing but broken promises and dreams shattered and shareholder value evaporated. Hey Ho. Never in my wildest dreams was PIRI ever going to be the "next big investors riches dream".

PIRI has had a phenomenal journey and it has been child's play predicting where PIRI would end up. With too many cash calls with shareholders pumping more and more funds into outfits that have shown no tangible shareholder value upside. It comes as no surprise to see PIRI in this situation. It is clear that many previous substantial shareholdings are bailing locking in lost ground. Take heed of the Corporate message here and perhaps follow the phenomenon that is PIRI which appeared to be well and truly over valued at times in my opinion.

What prompted the takeover logic for this tiddler ? What future value does TERN believe to be in the PIRI assets to prompt this move ? TERN share price has fallen so the Market has valued the deal as it usually does, nor has it sent PIRI share price to great heights. So Market still not convinced what are the synergies or benefits, unless of course another suiter fir PIRI is being flushed out as a white knight. Interesting that SURE is unmoved by all this.

Re 5th April post GedW. Spot on with speculative prediction that Corporate news would arrive in June. a bid comes along to add excitement to this share. So far the predicted buying in has not materialised. Seems like the PIRI bargain hunters are keeping their powder dry, for now ?

SURE VENTURES's share price is moving nowhere ? PIRI having committed shed loads of money into this and other investee companies is showing little growth. Indeed more and more funding is being milked from shareholders, with little or no reportable significant appreciable Corporate upside. PIRI continues to show weakness and that is despite positive mutterings from its investee outfits. SURE VENTURES should be the bellwether indicator of things to come, but the share price isn't and has not moved very from when PIRI started chucking shareholders secondary offerings into it. to get to 17p or even 21p PIRI shares need to rise 400% just to allow some PIRI share buyers break even, some were burnt the first time around and still reeling after chasing previous piri poor investment choices.

General theme here! Wiser after the event. But follow market sentiment and win win win. Follow the money. How much have the Investee Companies raised £150 Millions + with no appreciable value upside, how much is PIRI valued ? Says it all really

The Market sucks buyers in with the illusion that a high buy price means an uptick. This is false as it usually is followed by share price weakness, leading to buyers at top end showing a loss. The Market sucks buyers in with false hope ? As demonstrated by past trading history. So far PIRI thus far investment is being propped up by continuing secondary offerings by its investee Companies with no material upside in trading performance. But around June time there could well be bullish trading sentiment leading to a "band wagon" effect as those heavily invested, and showing losses after having bought in at top end, will crowd in to pump the shares to recover lost ground.

True performance ! PIRI has performed to Market expectations, indeed continued to perform weak on continuing rounds of fundraising without any appreciable upside due to trading achievements. It is unfortunate that those suckered in with talk of 21p + on over hyped share buying. Those who over bought on hype will now only hope that they get another chance to plug this moribund stock, alas those who were hoping for 21p just to break even, those that bought in on hype at 18p can hold out for a magnificent IPO, so far the IPOs promised have been fully priced in ? All has gone very quiet here from those over invested, but will pump the shares at the first opportunity. PIRI is fully valued and fair value. No predictions here but June time might prove a good season for PIRI . SVV will announce some positive upbeat statements. Boring, boring PIRI ?

PIRI appears to be fully valued on all known Corporate Fundamentals ? Bulletin Board rhetoric desperately tries to pump momentum into the share price to no avail, some suggest 21p + . The Corporate market suggests otherwise. All known publicly available PIRI related common knowledge is already in the price. It is impossible to be one step ahead of Corporate Equity fundamentals and this is indeed true for PIRI share price as it has already in built known future prospects. So circa 8p is fair valuation. Indeed a devils advocate might suggest PIRI is overvalued ?

Just as a follow up. Sure Ventures which PIRI holds such faith ,its share price is moribund and been stagnant for comfort as a PIRI investor. even showing weakness from recent highs, not good signs for a Company investing in the "next big thing" Sure Ventures should be the PIRI bellwether investment if PIRI share enhancement is appreciable. For now there are few PIRI share enhancing un speculative positives.

ECO is going from strength to strength with a strong share price support. Should PIRI have continued with its investments in ECO which could have increased existing shareholder value ?rather than the speculative portfolio it finds itself propping up with ever increasing fundraising without any incremental increase in obvious income stream enhancement. Most of the capitalisation is supported and propped up with continuing secondary offerings without the appreciable share enhancing income and profitability returns. Until substantial near future returns materialise PIRI is best to be avoided in my boring ignorant humble opinion. Too many cash calls with too many caveats for any worthwhile short term share price appreciation. Speculation of IPSs fizzle out like last year's November sparklers. Just an opinion and Corporate observation.

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.