Member Info for Scotty277

How'd they acquire such a holding. It'll finish flat

I seen there was 7 new pieces of chat here and thought we had had an RNS but hey ho, more the fool me. And nozzla it's hit or miss if they delete the boards, NEW has been delisted for months but the board is still there. 8 posts in one day that's us well above the monthly input on here. Nick will maybe look in to see what's happening with GWIK as he's lost Amanda's number, assuming he remembers she's actually part of Team PRE

My oh my, bang on bud, bang on. I'm up in Scotland so a costly expedition but I'm now approaching a 5 figure sum of investment so possibly a justified trip. If Chelsea have a home match that weekend I'll possibly be swayed

I'm nor selling until I'm up and until then I reserve the right to grumble about this. I think we should form a 'posse' and attend the AGM and ask Nick the questions that need answered and see what he says. He'll maybe treat us to a drink out his massive wealth.

Fix this, do something rather than remain silent and hiding away, whilst making sure your cashcard is still valid. Sell up and pay us all off.

Really mate? This is currently trading at its lowest ever price, we have a chairman lining his pockets and his poor peasant shareholders being promised jam tomorrow. Nick wants to deliver on his promises, read my early post quoting him. The investment in ppg may well be great but it's doing and has done nothing for us.

"A drop back down" it can't go any lower, this is pretty much an all time low. So this is when Nick should get his bleeding finger out and do something for us rather than making it all about him. The fact we released an RNS the day before PPG tanked is worrying, hopefully our holding there is all sold, or reduced but doesn't look that way, for somebody that was involved from day 1 if he didn't know about what was coming then it's fairly concerning. A quick reminder of Nicks earlier empty promising as we the shareholders see our paper losses increase September 16th 2016 "Nicholas Lee, Chairman of Paternoster, commented: "The Company's investment portfolio continues to make very good progress, and we have taken the opportunity during the first half of 2016 to realise some of the very significant gains made by our investments. This demonstrates that not only can we achieve good investment returns but that we can also realise these returns. This performance, however, is not being reflected in our share price and we are therefore now in the process of implementing certain strategic steps to address this issue." And 24th November 2016 "Given the strong growth of the Company's underlying portfolio and good levels of liquidity which is continuing into Q4 of 2016, the Company is currently considering implementing a capital reduction in order to create distributable reserves. This would give the Company both the option to provide a distribution to shareholders and also to acquire its own shares, both of which should provide an increased real return to shareholders and allow flexibility with regard to capital structure going forward. A capital reduction would require shareholder approval and the Company will provide a further update on this in due course." Well cmon give us something rather than misery, start delivering on all the nonsense you have promised.

What's the point in this share? It's provided nothing for me but misery, but I refuse to sell in the red whilst old greedy guts picks up pay packet and other incentives as his share holders get mugged

Yeah we have been trading at a discount to NAV for months now. I'm sick of seeing other companies shooting through the roof on the back of speculation, yet we have it all there in black and white and the discount is massive. Fair play to Nick on the investments but the only person benefitting from them in any way, shape or form is him.

An RNS yesterday highlighting our massive discount to NAV and what happens today? We drop. Right Nick get an offer on the table for us and buy some shares back. This has gone on too long, I'm sick following the carrot.

And lack of movement in price suggest one of two things. 1. Better PR 2. A buy back? Now when your company is trading at such a massive discount, do a good while. You do something to deliver on your promises of "exciting times" and "shareholder value". The two options above have been mentioned by Nicky boy, he just needs to implement them or this just looks more and more like a vehicle to fund his life than it does anything else. Over to you Mr Lee.

On the share buy back for the moment? As always no bleeding movement, arghhhhh

A guess for a lot of us we have passed the point of no return, where we have to hang on. Suck exciting times completely dumbed down and not discussed by our mighty leader. Amanda looked like she was going to bring a public face to things but outwith her one interview she's done, by what we are aware off, very little. We should all be looking forward to a profitable 2017, but two months and Nick picking up more board roles elsewhere it just looks like a vehicle to finance his lifestyle. He's done well outta this over the last x amount of years, and then longer he keeps spinning the yarns the longer he'll keep milking it and us.

And our mighty leader has done alright for himself, whilst his peasant flock wait patiently wondering what nonsense he'll spout next week to leave us wanting more.

Busy and positioning himself well. Hopefully he manages to start delivering on all his promises from the last numerous amount of years. He's made enough statements, and I'm not gonna quote them all. An exciting portfolio and a chief as dull as ditchwater. A bit pazzaz, a bit sparkle cmon something, this is brutally painfull

If anything mtr is for us disappointing, disappointing in the aspect we didn't sell up completely around the 4.5-6 pence range. That's assuming we have any left, we are below 3% so who knows.

Finger out, talk us up. Do something, this is brutually painful

A nice bit of negative press for us there. Cmon Nick get on it.

It just gets better and better. Past performance tell me I should sell up here and lump the lot in Glenwick when it starts trading again. But I know what would happen, so I'll remain stuck

Yep, all looks rather exciting, not that we are allowed to show any excitement here. Hopefully that's not us news wise for the next 10 weeks again. It's such a diverse portfolio we have and loaded full of value.