Viridas Share Discussion Threads

[marab] 16/5/2012 21:23

sweepie2 - to be fair, I think we didn't dive today because we have already been hammered over the last few weeks for no reason that I can see. Does look like we have bottomed out a bit, but I am sure some of us will take advantage of any further drop.

xcap - that's what we are waiting for really isn't it, some news to prove we were smart enough to buy these when others were selling. If NL can't find a corker of a deal among all the market mayhem then who can. Tough finding investments to match the first two, but happy to wait until they come along.

[xcap] 16/5/2012 17:11

v good point sweepie2. maybe time for NL to strike, soon

[sweepie2] 16/5/2012 16:41

Surprised that it stayed up all day as PPA and LDP went down today, must be people looking at the cash position and thinking all their likely targets have got alot cheaper in the past week

[marab] 16/5/2012 08:47

Good day for sitting on your hands and doing nowt. Bargains galore but might be cheaper tomorrow. And the week after.

[xcap] 15/5/2012 21:04

the more I read about PPA the more I feel that I may (gladly)have to eat my word; it may not have been a bad investment after all

"Pan Pacific is an aggregates business operating in the Fraser Valley close to Vancouver in Canada. This is currently one of the fastest growing areas in the region, with the local government committed to infrastructure development", plus yesterdays announcement.

PPA share price is beginning to show signs of life in line with the above, with target price of 24p. Even if we achieve 15p by next March and exercise the option (@ 5p) and exit out in total, that's a £2.1m net return on investment, not bad, and it does seems very achievable. all imo of course.
edit: that would be pretty close to about 1p NAV without any other value for future deals that may be done. there's a thought, a 200% return on current share price

[marab] 15/5/2012 14:30

xcap- cheeky swine ;))))

[xcap] 15/5/2012 13:52

great price marab, but a lot of trouble to buy 2 shares :-))

[marab] 15/5/2012 13:41

xcap - got mine at 0.319p this morning, sadly the lowest I have paid for these, but looking forward to the next investment. Will ask about STGR when my relationshipo moves from calling him Mr Lee to Nicky :)

marn2 - PPA does seem to moving forward so you never know, but we still have about £3 million to play with so could be something totally new. Or both.

[marn2] 15/5/2012 13:32

The last update said
The Company is seeking to make relatively significant investments with on-going involvement. Could it be PPA which the brokers have a target price of 24pence per share ?. maybe.

[xcap] 15/5/2012 13:23

marab, try asking NL whether investing £500,000 in STGR is sound and see if the reply is as swift

[xcap] 15/5/2012 13:11

not to be left out, i dipped in today as well paid .331p x 500,000

[marab] 15/5/2012 13:06

I freely admit to being impressed. Sent an email to VIR pointing out that the share holder list was overdue for up dating and got an email from Nicholas Lee shortly after confirming it had been up dated. Now that's the kind of man you want running a company.

[marab] 15/5/2012 11:40

sweepie2 a few more for me too. There is a lot of news to come at some point and I would sooner buy them cheaply now and wait. Someone must be selling a fair few though for the share price to get this low.

[sweepie2] 15/5/2012 11:21

I also see that its NL anniversary on 1/6/12, could you not celebrate this by releasing news of the next deal. Sometimes these dates do massage the ego

[sweepie2] 15/5/2012 11:10

PPA showing signs of recovery yesterday and today, keep on giving good news, new BOD have released more good news in a month than the previous lot managed in five odd years. Jury still out on PPA though but it appears the odds are turning in PPA favour. Would like to see this deal that BRDY are working on as given the time they have had it must be a monster LOL and finally LDP must nearly be ready with an update from Manas(spelling might be wrong) so who knows this might be the bottom for Viridas

[sweepie2] 15/5/2012 08:04

Another top up, this time 500,000, one of these days it better come good!!!!!!

[bronislav] 14/5/2012 23:55

Funds tied up at the moment or I would be joining you tomorrow sweepie.PPA will deliver and another investment will also no doubt be worked on as we speak.

[sweepie2] 14/5/2012 22:51

Will be in for some more in the morning as it is now a no brainer as long as NL doesn't do a runner

[marab] 14/5/2012 15:23

No idea what that PPA RNS means to their bottom line but you have to assume they aren't doing it on a charitable basis. Does make you wonder what else PPA are working on.

[marab] 14/5/2012 15:22

xcap - last year things just got worse and worse and stuff got silly cheap. This year is staring to look a bit similar so maybe worth sitting back a bit rather than jump straight in.


Local Area Plan, Shaw Pit



Pan Pacific Aggregates plc (AIM:PPA), the British Columbia based aggregates company, announces that at a Council meeting of The District of Mission on Monday 7 May 2012, the Council agreed to develop a Local Area Plan ("the Plan") for inclusion in the Official Community Plan for the Keystone Avenue aggregate operations.

The Plan will encourage a collaborative and complementary approach between local operators, including PPA, for the extraction and processing of the aggregates. The Plan will also address the afteruse and future development of the pits once exhausted. It allows PPA the opportunity to agree terms with other operators for PPA to operate other pits.

share_shark - that RNS for PPA is still not showing on my ADVFN monitor. For those that haven't seen it, have a look on Investigate, but it basically says,

Shaw Pit

Shaw Pit is an existing sand and gravel pit owned by The District of Mission. PPA has been selected by The District of Mission to operate the reserve, and the Company is currently in discussions to achieve an amendment to the Mines Permit to reflect the envisaged operational requirements. The extraction, processing and sale of aggregates will be operated by PPA.

Chairman, Lynda Chase-Gardener, commented, "We look forward to working with Shaw Pit's neighbouring operators to develop The District of Mission's Local Area Plan, especially with regard to processing and supplying into local concrete and asphalt manufacturing facilities."

[xcap] 14/5/2012 15:11

bit of a bloodbath today on the main board
plus market finished
hope AIM is not going go bust as well

[marab] 14/5/2012 10:58

xcap - a lot of good points in your post especially 'each investment must be looked at and assessed on its own merits'. I will invest for any period from minutes to years depending on the stock and its prospects, but VIR seems a good place to put some of my cash in the hopes that Mr Lee with his contacts will do a lot better than I will. Markets are getting edgy again so probably not a bad time to free up a bit of cash.

[share_shark] 14/5/2012 08:05

PPA news guys and gals.