Pires Investments Share Discussion Threads

[outspan] 28/8/2014 00:20

Great first investment:

HTTP://bit.ly/1rA99jg

What's next?

[xcap] 27/8/2014 15:41

lovely, just as I was posting!!

[xcap] 27/8/2014 15:41

well T the last trade was at the full ask.
horrible to say but you almost want to it to stay around here for a
few days so that the share price consolidates and forms a support line at
.07p to .075p spread. Been here long enough to be patient to wait
through a holding pattern. And then see it break that stubborn .10p
resistance.

[t-raider] 27/8/2014 14:10

Very slow here... guess we can't have fun every day !

"T"

[h d shoring] 27/8/2014 10:46

Time yet "T"

[t-raider] 27/8/2014 09:24

When I said 'exciting times ahead'..... I obviously didn't mean
today.

:o)

"T"

[t-raider] 26/8/2014 23:20

Exciting times ahead hopefully... would be nice to start hitting the levels where more notice is taken.Still only a dozen trades a day and pretty low volumes.Great opportunity to get in at the beginning though.Looking forward to tomorrow.Cheers"T"

[outspan] 26/8/2014 22:59

Ints statement seems to suggest so.

"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. 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.

We have added to our team recently through new consultancy
appointments which bring additional skills and experience. We
generated some very modest fees in the period under review and we
are working to create further fee-earning opportunities in addition
to our investing activities.

We will be approaching shareholders in the near future to propose
some refocussing of our investing policy and we anticipate making
additional appointments which we believe will strengthen the
Company's experience and profile."

[xcap] 26/8/2014 22:35

The management of RAME is well respected and is a rock solid
investment and once Chile assets operational will have substantial
recurring revenues. Have to respect any AIM CEO who says "we will
be paying dividends in Q1 2016" not 'might' or 'potentially' but
"will be".

Lets see what PR does next. RAME was done in Feb so can we expect
news soon?

[bungeetrader] 26/8/2014 22:17

outspan, put me down for 1.08% and I seem to remember someone else
posting here that they hold 30m so not much left!

[outspan] 26/8/2014 22:09

Re first signs of stock drying up, last week's update of the
Significant Shareholder list may well hold some answers.

I mentioned the other day how Jarvis Investment Management's
holding had gone up by near 4% in the 3-4 months since the Final
Results were published at the end of Apr and how Bruce
Rowan/Gledhow and the 2 placees of £500k last Summer at .1p
hadn't sold a bean.

Well I was just wondering what all those latest shareholdings
stacked up to and it turns out to be 67.44% with a further 29.24%
stated to be "not in public hands".

Do the maths as they say! Any meaningful buying interest is surely
going to cause a proper squeeze if sellers stay in their most
recent short supply.

Been saying it for long enough about those warrants iro 6% of the
stock, exercisable at .1p by Peterhouse brokers, PR and AQ, next
Mar for Peterhouse and Apr for the other two are a real incentive
for them to do all they can to maximise their value above .1p by
then. The race is on.

[liquid millionaire] 26/8/2014 20:00

Many were in PIRI at much higher levels than that xcap so i reckon
that with many who wanted out already having sold [you can not sell
twice!] that PIRI are now due a serious share price run
northwards.

[xcap] 26/8/2014 19:54

OutspanI think you are right. Sellers at these levels are out. I wonder at what level will see the next sell orders being filled .10p maybe the next resistance point?

[outspan] 26/8/2014 19:01

Interesting turn of phrase used in that article highlighted in post
2618 - "Renewable energy project financier Pires Investments..."

[outspan] 26/8/2014 18:52

That chunky late trade suggests the unwarranted scale of the early
tick back had everything to do with an attempt to gather some stock
from any remaining loose holders to fill the order. Didn't work so
buyer has had to pay up. Didn't deter him though which is
interesting in itself!

Summary: One-hit, £6k, buyer/adder. Loose stock drying up.
Augers well, especially if the "near future" corporate action of 30
Jul Ints statement is nearly upon us and, of course, proves to be
as positively underpinning as it could be.

[t-raider] 26/8/2014 18:16

Nice trade at the full ask.. May see us open up ?The early signs of a revival continue to show and interest appears to be growing."T"

[xcap] 26/8/2014 17:01

Highlights
-- Initial profit achieved due to performance of investments
-- NAV at significant discount to share price
-- Significant progress by Rame Energy plc, the initial core
investment

[liquid millionaire] 26/8/2014 16:50

Great intra day reversal at PIRI

PIRI HOT HOT PIRI

[xcap] 26/8/2014 16:46

.07p paid.

[outspan] 26/8/2014 15:25

Indeed! Very encouraging reversal!

[t-raider] 26/8/2014 14:31

Nice to see a bit of support and back level for the day."T"

[xcap] 24/8/2014 15:09

nice work chaps
though vol was low no sells which is unusual
the RAME deal was done in Feb

LM you never know maybe PR might get RAME to put up a wind turbine/farm at HH to start pumping all the oil and gas out

[outspan] 24/8/2014 00:10

Good effort but the writer did omit this bit:

"We have added to our team recently through new consultancy appointments which bring additional skills and experience. We generated some very modest fees in the period under review and we are working to create further fee-earning opportunities in addition to our investing activities."

A bit of a departure for a typical AIM investment company suggesting a move towards a broader mission. Might explain the need for a subsidary (or two? See earlier post).

Let's see how close the "near future" is. It looks set to illuminate a few issues.