Pires Investments Share Discussion Threads

[clarityjones] 13/8/2014 18:50

Now above float price, all looking good for Piri's holding: another good investment decision by the boys.

[bungeetrader] 13/8/2014 16:11

RAME ticking along nicely now. As droftarts says, hopefully it will filter through to PIRI soon.

[droftarts] 13/8/2014 12:38

Rame on the move again, hopefully it will eventualy filter down to PIRI

[clarityjones] 12/8/2014 14:58

Good to see Rame edging back to the float price, on reasonable volume. There seems to be a decent market size looking a the size of trades. No doubt about it though, PIRI has better gearing and a free ride on Rame at this juncture. Come on the dynamic duo - give us a job.. I mean deal, and a big one.

[t-raider] 12/8/2014 14:11

You're right.. the penny is dropping for RAME...

Would have made more putting my money directly in to them right now.... !

The potential for exponential growth in the share price remains with PIRI though, with the miniscule market cap.

"T"

[t-raider] 12/8/2014 11:27

RAME continues on the up....

"T"

[outspan] 06/8/2014 16:53

Hmmm, but who knows where their retained dry powder will fire them in the not too distant. Not to mention Rame which I reckon will turn some heads in due course if we're prepared to be a little patient until it blossoms.

Seems they are also into a bit of shorter term investment stuff that has done rather well for them, albeit with undisclosed details, presumably so as not to hamper the flexibility of their trading activities.

The improving global economy is demonstrating a return to investment opportunities. Several AIM shells have found new purpose after years of virtual hibernation. PIRI has been no less sleepy than those others and for good reason - if there's nowt decent to invest in, be strong, don't just throw the dosh at any old tosh. If necessary, take the flak - bored investors and a flagging, below-NAV share price are a much better base for the phoenix to emerge from than a pile of ashes and desperate survival cash calls/heavy dilution.

Reckon Bungee is right, the wait is almost over. PIRI business activity already well ahead of any previous period and the co is already much better placed than just 6 months ago as a result. The share price needs to catch up with events but that's merely a market issue that will sort itself out when given enough reason to believe.

I fancy the climate is finally now producing several opportunities for shrewd value-releasing investment at the corporate level, whether directly in projects or via secondary investment in other companies, be it IPO or in the market.

In short, investment companies have had a rough ride during the recession but those, like PIRI, that have not only survived but have preserved the lion's share of cash assets are now well-placed to prosper, at least if management makes the right calls on what I see as being a growing number of opportunities going forward.

Ay, there's the rub! Is the PR/RA pairing up to doing it again? I see decent enough form as a duo (as indeed mentioned in yesterday's article) but personally, I fancy they may, once again, opt to facilitate and then step back. This is their history and they may well have already alluded to this possibility in the interims. Let's see how it pans out.

[bungeetrader] 06/8/2014 13:58

Reckon 'our' time is not far away.
Did think about averaging down but will stick with 25m. Unfortunately at 0.11p average but do feel I will get that back and more.
If only they'd invested in Horse Hill.....................................

[h d shoring] 06/8/2014 11:52

The .053s are buys so false picture being painted on trades .

[t-raider] 06/8/2014 11:07

Got them at 0.054 in the end.

"T"

[t-raider] 06/8/2014 10:44

Cheers dubois... I'm not keen on Charles Stanley, but been too lazy to move !

They still haven't closed out my paltry purchase at a limit of .056.... crooks.

Liked the articles posted earlier, though the jury is still out on PR in my eyes.

"T"

[dubois] 06/8/2014 10:29

You can get 5m for .533
TD are hopeless. I have just changed from TD to iwebsharedealing. Everything is instant, you sell and the money is available straight away. None of this waiting half an hour for it to be credited to your account. Plus when you sell with td you are limited to 9,999,999 per deal.
Iwebsharedealing is cheaper as well £5.00 per deal.

[t-raider] 06/8/2014 10:10

Can anyone give me examples of online buying limits for 1million shares pls ?

Charles Stanley are asking full price....

Cheers
"T"

[outspan] 06/8/2014 02:17

Essentially the same article but nevertheless nice to see the word being spread:

[liam wilson] 05/8/2014 23:35

Rame appears well on its way to achieving its power production targets for 2014/2015 which, according to broker Northland Capital - PIRI, RAME
- Today, 11:34 PM
Shell experts Peter Redmond and Richard Armstrong have taken control of small investment company Shell Pires Investments ("Pires") and, if past performance - PIRI, RAME

[t-raider] 05/8/2014 18:22

Down and up on small individual trades... News of an investment and some buying volume... 100% in a day... not so impossible.Question is, can Redmond close a deal to make it happen ?"T"

[outspan] 04/8/2014 16:42

What are base levels if not current ones? Never say never but previous lows were plain ridiculous and any move towards them would be no less so and should be bought heavily on NAV discrepancy alone, if no other reason. Don't think news will be too long, any fund-raising cannot be lower than nominal value ie .1p so would be at a substantial premium to today, as indeed it was on last occasion.

KENV issue price for part payment of acquisition today amply demonstrates the significant premiums achievable just 4 months after the co was all but consigned to the knackers yard by at least one hack. All down to credible leadership providing the catalyst for potential value release in otherwise locked-in situations.

Pretty sure it will not have come out of the blue and PR and those Amerisur chaps pretty well knew their plan when they were invited in by PR in March. As per my 2570 above, plans were also being laid here in March or earlier. Make of it what you will. In my opinion, the game is on behind closed doors, just not lined up for TV quite yet.

[t-raider] 04/8/2014 14:38

Back level which comes as a pleasant surprise...for now at least.Without any substantive news on the next investment or an rto, I expected us to drop down to base levels.Hoping news is forthcoming soon... fund raising at a premium would suffice !"T"

[outspan] 04/8/2014 14:12

Keep watching. Certain detractors won't want to admit it but PR was undoubtedly heavily involved in the changes that occurred, admittedly after a long wait, at KENV and which are now gaining substantive direction and traction.

He has now signalled similar changes are afoot here. PIRI still below NAV though, unlike KENV, so plenty scope for even faster appreciation if he nails it again.

[outspan] 31/7/2014 16:44

PIRI said yesterday "While the Company is not exclusively focused on renewable energy, it has, since investing in Rame, seen a number of interesting international opportunities in this area and we have established a subsidiary company to focus on the sector."

On the back of this, having taken a look at Companies House today, the MoFo chap appears to have been at work again. In early March, the temporarily named companies MOFO-SIXTY ONE LIMITED and MOFO-SIXTY THREE LIMITED were renamed as Renewable Energies (Investments) Limited and Energy Investment Opportunities Limited respectively.

In each case, Christopher Yates was then appointed as Company Secretary so it may well be that more than one new PIRI subsidiary is in the making here although, so far, it is only at ENERGY INVESTMENT OPPORTUNITIES LIMITED that Peter Redmond has since been appointed as a Director, on 7 Jul, replacing that man Lukins! I therefore assume this is the new subsidiary mentioned yesterday with maybe another to follow?

They also added "...We have a number of significant transactions under review and have entered into a partnership arrangement with a significant European wind consultancy/developer in relation to one of them..." so maybe the other new Company is connected to this.

For sure, PIRI's apparent move into offering energy consultancy is an interesting and unforeseen development and I see it has already generated some fees pre 30 April so clearly established quite a little while ago.

Naturally modest at the outset but, who knows, they say new consultancy appointments have been added to the team and they are now "...working to create further fee-earning opportunities in addition to our investing activities..." so at the very least, there seems to be a healthy widening of the PIRI business plan.

Watch this space, I think.

[outspan] 31/7/2014 16:09

Armstrong arrived in Feb having already loaded up with about 16m shares.

Christopher Yates was the last Director to buy, around the time of the .1p placing, adding about 5m shares to his SIPP.

Yates is also a Director of Kennedy Ventures!

Not earth-shattering but hold the thought a minute because, aside from the Rame deal and Armstrong appointment in Feb, other things have evidently been in development here for quite a while despite somewhat quieter appearances.

More to follow shortly.