Member Info for greedisvgood

Must admit I'm starting to get a little nervous - I would guess no news so far may intimate no significant uplift in revenue (hopefully not a reduction) which would be worrying after 2 full years of the new leadership ! I assume they are hoping for some further good news in the interim period from July to November that they can slot in to hopefully at least partially offset any disappointing results - the mushroom theory is rather apt and pretty accurate !

It would be rude not to at this price - fingers crossed for good revenue news soon !

Anyone out there aware of what an 88 deal notifies ?

Hopefully start ticking up again soon, if not today ! Someone got a bargain at 18.60p yesterday !

Well a few more eggs in my basket at just under 20p, brings my average cost up marginally but that's my lot now, probably a bit over exposed with the vast majority of my portfolio in PIM but confident it's going to be more than worth it in the next 6 to 12 months Fingers crossed it continues to tick up as it has done for the last 24-36 hours

Did anyone attend the recent open day ? It would be interesting to hear of any additional information that may have been furnished on attendees but I seem to recall from an announcement (or sub comment within one) that they stated additional company info and/or results would not be covered on the day and that it appeared to be strictly a tour around the facilities and nothing more - this might explain the prior statements regarding Brazil and Investors

Well guys and gals - I believe this is the last chance to pick stock up sub 20p for the forseeable future hopefully, IMHO I think it will start ticking up again from today after the short term profit seekers have jumped ship after the recent drop ! Fill your boots - I intend to ;)

I truly hope so - getting rather frustrating with the boom and bust scenario with PIM over the last 5-6 years, everytime we appear to be getting somewhere they issue disappointing results and subsequently need to fundraise (sometimes at significant discount) thereby diluting the shares and putting us back to square ! Fingers crossed this time, with Brazil, they will actually come through and become self-sufficient and finally become profitable !

In excess of a 10% drop since the announcement yesterday - lets hope it levels out today and we have some good news coming re revenue before too long GLA - in for the long haul !

As expected but a little sooner than anticipated ! Hopefully this direct 'investment' in Brazil will enable speedier results to offset the dilution - at least they were not issued at a significant discount so not materially affecting the SP for the existing shareholders so far

Definitely take a chance on dilution/fundraising and give them another 6 or possibly 12 months if no uplift in revenue - personally I think there will be an uplift in the next report but possibly a disappointing one but I'm prepared to sit tight for another 6 months. Very tempting to double my money and walk away but I don't think there are any better investment options out there at the moment particularly where I pretty much understand the story and products and can source info if required

What would be your current position Nighthawk when it hits 25p ? I think given the recent news most shareholders will now keep hold to see the Brazil sales hopefully feed through in 6-12 months rather than cash in now. The only real issue will be cash reserves - will they need to fundraise in the meantime and dilute again ?

On the plus side the SP has stabilised and hasn't been significantly affected in relation to the recent sales

I think H&N has it correct with City Natural Resources being the most likely buyer and personally I would guess the majority of the sellers may be shareholders who got onboard at around the 10p to 12p mark and are now happy to realise their gain before possible further fundraising, especially in relation to the stalling revenue over the last few years Hopefully after the next few weeks, whittling out the serious holders who are prepared to take a further chance and see the story through to its long promised conclusion, we may see further increases

My decision time will develop if revenue continues to stagnate for the next 12 months, I'm hoping for improvement at the next announcement but prepared to give them a further half-year in addition If revenue doesn't appear to be kicking on at this point I will need to reassess as further dilution will be on the cards (if not already utilised by then) and confidence in the long term story will be waining - hopefully if this scenario develops the share price will still be hovering at least above my average of 12.7p GLA

Now let's see if we can stay above the 20p level and press on - onwards and upwards !!

Great news - hopefully this will enable some significant revenue increases in that area, which will also assist in spreading revenue more equally throughout the year ! GLA

Personally I think it more likely Arysta or another major global was to come in (Syngenta, Monsanto)

It's obviously all based on personal situations - if goods news is forthcoming (particularly re revenue/profitability) then, as with anything, the sky is the limit. Personally I believe it will all hinge on the board's personal situations and their own shareholdings/goals ! Long term I firmly believe this company will not continue in it's current format, if at all ! Once they reach profitability, or maybe even a significant uplift in revenue, big players (prob Arysta) will take more interest in the whole company, and more so it's complete product portfolio and IP. At this point it may become a case of achieving the best possible sale SP for the board to accept walking away with their shareholding profit and therefore recommend it to the shareholders - that is why I suggest the 45p minimum target that Arysta invested at in 2011 - after any sale the company would possibly concentrate on becoming a straightforward R&D entity or maybe just call it a day completely The 25p is a relevant trigger point as DJ has a significant tranche of share options @ 25.5p and JB has options @ 24.25p therefore they will not personally benefit until the SP passes these baseline points I personally do not believe PI will continue indefinitely, particularly commercially, as in hindsight the commercial scenarios have been the difficulty moving the SP along, they have not /do not have the resources to be a significant commercial presence in this particular market and even once they have 'cashed in' on any success/sale I do not believe the board would reinvest to possibly go down the same route again Regarding the 'whole' PI story I still hope the 45p level is an absolute minimum, I have hopes the £2 SP that PB muted are still achievable if we can move along at pace before finances become an issue again and the board dig their heels in and continue for a period once the sales traction is gained - this clearly would enable them to continue in employment with PI (presumably on better terms/bonuses) until an even better deal could be negotiated as the company would be increasing in value daily but this would then hinge on the ability for the company to function regarding the increased commercial activity with it's exicting resources, or whether it chooses to reinvest in it's structure

I truly hope you do attend the investor day - as you choose not to enlighten us on whether you have actually attended any AGM or other meetings at PIM I will request my son attends for me Be sure to make yourself known to him as I'm certain he would like to make your acquaintance if for no other reason than to discuss your aggressive and poisonous nature towards his 64 year old father who's only reason for discussing investments on here is to plan for his impending retirement and put something in place for his grandson's education In the meantime go and digest another dictionary - being clearly so educated and of the opinion that you are better than others you should be easily able to digest my simple straightforward narrative