Paros Share Discussion Threads

[cyberbub] 01/5/2008 12:13

Yes, I suppose no hurry longshanks. I just put a small punt into this stock last year (from my profits on QTI as well!) so have not really lost anything, I might as well wait until next April at least. It must be much more painful for you, having invested quite a lot as I recall you were going to be aiming to take 3% of the company??

Am currently watching JRVS go, as I have a very substantial (by my standards anyway) investment at an average of about 20p, so am hoping it will pay off in thhe next few weeks!

Am keeping an eye on QTI as well, might get back in if there is any news...

[longshanks] 30/4/2008 07:37

yep still around cyberbub. I've decided to hold my "losses" a while longer....as I am sure the prof is now fully incentivised to get a deal a.s.a.p. and I don't think commercialisation by himself is what he will be after.

I cashed in a fair few QTI [not too bad timing as it turned out] just after the new tax year and if nothing happens by end of this current year I can always trade in these to offset some of my CGT.

[cyberbub] 25/4/2008 21:08

Weird... I could have sworn that I posted something here yesterday but it has not appeared!

I put a couple of K into PAROS and of course now it is virtually worthless :-(

Dilemma whether to book the loss and save myself 18% of 2K = £360, or just leave the shares in the bottom drawer and come back in 5 years, when there is a small chance that the Prof will have eventually commercialised his product, or else sold the patents outright and PAROS will have received millions in its cut of the profits!!

A small bird in the hand, or two large eagles virtually hidden in deep jungle...

Cheep cheep time I think!

P.S. longshanks, you still around?

[tobyjug] 16/4/2008 21:58

Go for it,dont worry be happy!

[cyberbub] 16/4/2008 21:18

hmm. interesting TOB. IMO investing £500 at these levels would be 90% certain to be lost, but if PARO bounced back then it could be worth quite a few grand! On the other hand they will probably be needing to issue lots of new equity if the company is ever to be able to re-invest for exploitation of its patents. I suppose that unless one bought up 10% of the company then one would be diluted to hell. Interestingly, 10% of the company can now be bought for less than 30 grand, which is admittedly more than the £500-£1K which I was proposing punting.... DYOR

[tiredoldbroker] 16/4/2008 10:28

I wonder if the Regent Pacific this new director is associated with is the same group that Jim Mellon (of Burnbrae, Speymill, Conister and Charlemagne Capital) ran ?

In which case, not the best of track records when it comes to UK quoted vehicles - Charlemagne halved in the last year, Conister down from 140+ to 80-ish, Speymill down from 120 to 40, and those Speymill property investment vehicles which failed to set the world alight.

[nelson pk] 16/4/2008 10:08

Mr Jo King.

lol

[dorset64] 15/4/2008 13:25

Were thinking on the same lines there CB, worth a punt one thinks. Any hint of a return and this would shoot.

Dorset

[cyberbub] 15/4/2008 13:07

Interesting to see that a "corporate recovery specialist" has been appointed as director. I wonder whether again it might be worth just bunging £500 or £1000 in at these prices and coming back in 2 years' time??

[greengnu] 04/4/2008 18:56

Why is there an offer price today of 0.04 yet no sales? Also why is the spread so massive 0.04 - 0.08!!?

[tobyjug] 03/4/2008 23:18

Have no fear,all is well.

[cyberbub] 03/4/2008 23:02

t.o.b., no, especially with today's news.... ah well, chalk one up to experience :-|

"Geeky" Cyberbub

[tiredoldbroker] 02/4/2008 11:17

1m @ 10p = £100,000
1m @ 1p = £10,000
1m @ 0.1p = £1,000
1m @ 0.01p = £100
therefore 1m @ 0.06p = £600

Mind you, I'll probably now be accused of being cyberbub, or of having an unhealthy interest in this stock, or a geeky interest in nano-arithmetic. Funny though how there don't seem to have been a lot of major buys from anyone who fancied averaging down as proof of their confidence.

[39rich] 02/4/2008 09:52

hey cyberbub 1 million shares @ 0.06 = 6grand not 6hundred quid

[tobyjug] 28/3/2008 12:31

28 March 2008 ParOS plc ("ParOS" or the "Company") Results of General Meeting At the general meeting held earlier today all resolutions were duly passed,
including the approval of the disposal of the entire issued share capital of
Parametric Optimization Solutions Limited, being the trading subsidiary of the
Company.

[tobyjug] 12/3/2008 08:12

TOB,What a boring world if we all the same things! I rest my case.

[tiredoldbroker] 12/3/2008 07:58

Silly remark, tobyjug; what I dislike is companies which go public, selling stock to small investors, but which don't raise enough cash to take their technology to proper commercialisation. When people keep writing the stock up on bulletin boards, and ignore the basic flaws, I think its fair game to criticise. Over 30 years as an investor and City profoessional, I've not only invested in any number of tech stocks, I've helped float some; but if I've been involved, its been on the basis that the company raised enough cash to avoid doing what PARO has just done.

The last decade has seen far too many stocks like this, which have been likely disasters from day one through not raising sufficient cash; I don't like them, because they destroy capital, and can make it more expensive for other tech companies to come to market, even if the latter have thought out the development/cashflow equation properly.

I'm sure you can manage to make your own decision regarding your pdx shares, I'm glad you're making such a substantial profit on them, at least you can use your PARO loss to offset your eventual tax bill.

[tobyjug] 11/3/2008 18:41

TOB, I take it you dislike stocks that may in the future save energy for companies!
I have a core holding of pdx shares purchased at 30/35p, do you think I should sell them?
From little acorns.....................

[tiredoldbroker] 11/3/2008 17:45

Doesn't bother me, tobyjug, but one might ask where the logic is in you posting your investment decisions so proudly on a public forum if you then don't like the comments of others !

[tobyjug] 11/3/2008 17:27

tob/cyb,please dont concern yourself about my holdings,I have managed for years without your input! but thanks anyway!

[cyberbub] 11/3/2008 17:06

A million shares, 600 quid eh - it's easy to be a millionaire in this company now! :-)

[tiredoldbroker] 11/3/2008 16:57

You've got to admit, this looks like a major case of denial to an outside observer, the stock is 0.06p on the bid side, no major industry player has snapped up the company, they haven't sold the technology for big bucks, you're down very heavily on your investment, and yet you are talking about it as though it was a success and you were making money.

What is your average buying price ?

[tobyjug] 11/3/2008 15:22

Well done the buyers.