Paternoster Resources Share Discussion Threads

[barnetpeter] 25/1/2017 16:20

PPG at highest level evr i think.....yes this is down lol

[barnetpeter] 06/1/2017 13:43

More vol today ....soon time for a quarter update. Last one was excellent and most of the big investments held are storming away.


Net asset value per share at 30 September 2016 was 2.2 times the period end share price

Total cash held was equivalent to 48% of market capitalization at the period end

Listed investments and cash represented 184% of market capitalization at the period end

[rolo7] 04/1/2017 21:37

volume today news on dividend soon?

[riddlerone] 21/12/2016 07:32

Big news for Alecto this morning

[barnetpeter] 14/12/2016 14:04

Bought more of these today....not that easy to get online either. At a huge discount of course and both Plutus and Pires are doing well.

[sweepie2] 25/11/2016 17:27

AIM is full of crooks or sharks

Statement re. Possible Offer and Rule 2.9 announcement

The Board of the Company announces that it has received an indicative offer for the Company ("the Indicative Offer") from BMR Group plc ("BMR" or "the Potential Offeror"). This process is at an early stage and there can be no certainty that an offer will be made for the Company.

The Indicative Offer is an all share offer whereby it is proposed that Metal Tiger shareholders will receive 0.231 BMR shares for every 1 Metal Tiger share that they own. Based on the closing share prices of Metal Tiger and BMR as at 24 November 2016, the Indicative Offer represents a discount to the closing price of Metal Tiger shares on 24 November 2016.

Rule 2.6(a) of the City Code on Takeovers and Mergers (the "Takeover Code"), requires that the Potential Offeror, by not later than 5.00 p.m. on 23 December 2016 (the "relevant deadline"), either announces a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Takeover Code or announces that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Takeover Code applies.

The relevant deadline will cease to apply to the Potential Offeror if another offeror announces, prior to the relevant deadline, a firm intention to make an offer for the Company. In such circumstances, the Potential Offeror will be required to clarify its intentions in accordance with Rule 2.6(d) of the Takeover Code.

This is an announcement falling under Rule 2.4 of the Takeover Code and does not constitute an announcement of a firm intention to make an offer under Rule 2.7 of the Takeover Code. There can be no certainty that an offer will be made.

A further announcement will be made as and when appropriate.

This announcement has been made with the approval of BMR Group plc.

Rule 2.9

In accordance with Rule 2.9 of the Takeover Code, the Company confirms that it has 661,132,669 ordinary shares of 0.01 pence each in issue. The ISIN reference for these securities is GB0030493232.

[rolo7] 24/11/2016 10:48

A close above 0.2p required here for breakout!

[paleje] 24/11/2016 10:18

True and some of the other listed co's have potential for near term increases. Strip the unlisteds out and it still looks undervalued but that's par for the sector. As for the distributable capital hint, we'll see.

[rolo7] 24/11/2016 09:31

Note ppg investment figures for end of September don't include the nice big rise since!

[cpap man] 24/11/2016 08:28

Not really as it is almost all Nick Lee B/S as some of these investments are worthless and/or non realisable.

One example out of quite a few would be the unquoted ones such as Bison, Elephant etc

Pile of poo mate

[geoff80] 24/11/2016 08:26

Today's news ie. "The value of Paternoster's portfolio has continued to increase during the third quarter of 2016. Almost 90% of its investment portfolio, which is currently worth around GBP3.6 million, now comprises principally cash and listed investments." suggests this is a buy.

[rolo7] 21/11/2016 08:07

More great news by ppg today

[higson1] 16/11/2016 18:19

I don't think they need a new kitchen in Home House where Sir Nick spends his days wishing he ran a substantial investment company . I give him 2 months before the Shareholders revolt . !!' .... Dry January is the month when heads topple.

[chimers] 16/11/2016 08:20

In what way is a new kitchen and extension and wine cellar poor investments ?

[higson1] 16/11/2016 08:12

Time for PRS to return surplus cash to shareholders before Sir Nick spends it on poor investments .

[riddlerone] 15/11/2016 07:40

This doesn't hurt either
TRADING STATEMENT – QUARTER ENDED 30 SEPTEMBER 2016
The Listing Requirements of the Botswana Stock Exchange (“BSE”) require Shumba
Energy Ltd (“Shumba”; or the “Group”) to announce, through the BSE and the press, any
circumstances or events that have, or are likely to have, a material bearing related to the
financial results of the Group for the next reporting period.
Accordingly, the shareholders of Shumba are advised that the Company expects to release
unaudited results for the 3 months ended 30 September 2016 which will be significantly
higher than what was reported for the corresponding period ended 30 September 2015.
This is mainly attributable to an unrealised revaluation gain on foreign exchange.
The information in this trading statement has not been reviewed by Shumba’s independent
auditors.
By order of the Board
International Financial Services Limited
Company Secretary
9 November 2016

[wiganer] 14/11/2016 17:36

Mxo flying also

[barnetpeter] 14/11/2016 14:56

Plutus now above 3p. Buyers in for PRS.. cash and plutus stake currently worth 2.5 million.

[chimers] 14/11/2016 13:00

Somebody pointed out that special "fracking sand" is just ............sand.

[cpap man] 14/11/2016 12:56

And what ever happened to the pre-ipo Bison Energy?!?!?

[barnetpeter] 14/11/2016 12:13

Cash and cash equivalents 1,104,468

[barnetpeter] 14/11/2016 12:11

OK but what if you take out the cash held in bank?

[landay] 14/11/2016 12:07

On 19 August 2016

AIM Securities in Issue: 1,016,607,956 ordnary shares of 0.1p each

At 0.19p, market cap is £1,931,000

So 49m PPG shares not yet equal to market cap of PRS