Eight Peaks Share Discussion Threads

[gottopickapocketortwo] 10/3/2019 12:20

Agreed - oversold and undervalued.Once positivity returns re: vs this will correct.Management have certainly taken s chunk of stock to reflect this.

[soupdragon55] 10/3/2019 11:15

Gotto do you still count your money in shillings?

[chinese investor] 10/3/2019 08:48

NUNS ON THE RUN

CRYSTAL PALACE NONE
MILLWALL NONE
SUTTON NONE

WEATHER APPROACHING NONE !

[belt n braces] 09/3/2019 18:54

The first fund raise was to repay debt and for working capital purposes.

The second fundraise was primarily to give a loan to Virtualstock. The loan was for £ 300K and at a rate of interest of 10%.

All will be revealed in the accounts to the end of March 2019.

In regards to 'cash burn' the note sent via the broker prior to the May placing last year stated company admin costs are circa £ 250K, per annum and that the company keeps running costs low.

[letmepass] 09/3/2019 17:45

Why do they keep raising cash.. High cash burn

[belt n braces] 09/3/2019 16:52

It seems to me that the present low market value of the company is bonkers. Let's consider the following:

Placing cash raised in the last 12 months:

14th May 2018 550,000
20th Dec 2018 610,000
20th Dec 2018 170,000 Zaf & Monson

Total 1,330,000

Yet the market value this weekend is circa £ 1.5 Million

So the shares trade on a small premium to total placing amounts raised over the last 12 months. So are all the underlying assets (Virtualstock, IBS Corp, Dunraven, Crowd for Angels, Medgold and Amadeo) all worthless which the present 8PG share price is suggesting? I think not. If you consider what Rene is presently trying to achieve at Virtualstock, and the customers already onboard, this alone must value 8PG at a far higher level than the present market value. That's without the rest of the portfolio kicking in.

In my view, the share is not on the radar of the PI's, and is presently woefully underpriced.

STRONG BUY

[bionicdog] 09/3/2019 10:52

I'm here.
Heroic lunch beckons.

[maxk] 08/3/2019 20:43

The night is dark, and full of wet stuff.

Where is our hero?

[michaelsadvfn] 08/3/2019 14:53

Professor Prudent is quiet considering 8PG is up 17% & he still holds a large amount.

Then again perhaps he lied, or is it lyed? ...and never bought in the first place.

[bionicdog] 08/3/2019 13:36

That's a yellow card for not mentioning the weather.

[city chappy] 08/3/2019 13:28

Reminds me of Tern before the rise.

[bionicdog] 08/3/2019 10:32

I heard he put the lot on Chelsea to lose.
Brightening up.

[michaelsadvfn] 08/3/2019 10:01

After prudently selling half his 8PG holding to buy MTRO, guess what?

Yup, MTRO tumbles and 8PG shoots up.

Keep on entertaining dave.

Sunny

[belt n braces] 08/3/2019 09:58

5th on the leaderboard

[currypasty] 08/3/2019 09:18

not me, im piling into UJO...lol

decidedly undecided weather here

[gottopickapocketortwo] 08/3/2019 09:09

Soup dragon you must have overlooked the words 'pre consolidation' - never mind

[maxk] 08/3/2019 09:07

What mug is buying in on this dry and sunny morning?

[bionicdog] 08/3/2019 08:59

Thawing relations and spirit of entente cordiale.

[chinese investor] 08/3/2019 08:52

The 3 posts that kicked off the renewed interest !

Chinese Investor (8PG) 7 Mar '19 - 12:24
There are 17,988,255 shares so Cap is approaching £1 million !

Chinese Investor (8PG) 7 Mar '19 - 12:47
Cash raised was £780,000 !
Might Multibag !

Chinese Investor (8PG) 8 Mar '19 - 07:47
8PG had £149,000 in cash at the end of September 2018.
Since then it has raised £780,000.
It has a Cap of just over £1 million !

[wrestlingmad] 08/3/2019 08:41

Let's hope that its only 8PG this is rising from the dead.

[targatarga] 08/3/2019 08:37

Zaf needs his expenses etc. How much cash is left?

[michaelsadvfn] 08/3/2019 08:35

I’ve been quietly accumulating but now I think the mm’s are onto it....

[soupdragon55] 08/3/2019 08:32

The old nags twitching.Good to see Gotto has increased his holding to 100m, despite there only being 18m shares in issue.

[chinese investor] 08/3/2019 08:29

GO GO HORSEY !