Pires Investments Share Discussion Threads

[daicaprice] 18/1/2017 15:06

The rise flushed a few out.

DC

[smart_investor] 18/1/2017 14:44

To put it simply.

There is no stock, tiny trades of £100 buys going through.
Bigger quotes are coming in above the advertised ask.
Market cap is extremely small so any sniff of news and its lift off from this low low base.
25% of company taken in last placing and from major share holder pre and no sign of selling.

[gantenbrink] 18/1/2017 14:20

Although screen shows 4p as offer - I'm being quoted 4.395 even for a small purchase

[daicaprice] 18/1/2017 14:08

Looks like blue sky on the next buy, no doubt a seller will appear but news anytime soon will send it soaring.

DC

[apfindley] 18/1/2017 14:04

It won't take much to mirror Mercom as very few shares available.

[overthebridge] 17/1/2017 17:12

Have we got a short trying to close out here ? 150k 250k lumps some mm/brokers have had wrists slapped for naughty goings on. Maybe nothing but if so this could really fly . Short squeeze

[apfindley] 17/1/2017 12:09

Every buy pushing it higherNo availabilityLimited shares in issueOnly 5-6m in public hands Low market cap700k cash in bankLooking for lithium and oil assetsPrimed for takeoffTarget 15p+

[apfindley] 16/1/2017 21:54

Likely to be a holdings rns soon with the volume traded. Not from any of the last placees, but possibly some reduction in one or more of the 'nominee' holders as private investors maybe sold a few, and others bought.So could be holdings rns both ways as these shares have come from somewhere as the rest are now in PI hands. So expect a new holdings entry for a yet unnamed entity.And a reduction by possibly Hargreaves or TD or Jarvis from their nominee holdings.It's getting tight and ready for the rockets to ignite ?

[smart_investor] 16/1/2017 13:34

Pires is doing well today guys. Nice to see some action and I really hope a deal comes soon.

[timely4] 15/1/2017 09:56

I have lost a lot of money thanks to redmond over the years, but I hope this time will be different as I would like to recoup my losses from the Oak Holdings days and to make a few quid over and above would make 2017 noteworthy for me.

[divmad] 15/1/2017 07:43

Well I'm give Peter Redmond the benefit of the doubt here. His track record is lousy, with RAME being the last example of putting what limited cash they had into a big new idea. The share price speaks for itself I'm afraid.

But like you, I am impressed by the multiple TR-1 notices since December, and the opportunity afforded to Piri by the cash injection. This is a recapitalised shell, basically. The next play is in Redmond's hands. I assume this play has been communicated to a few semi-inside people and we await action later this year. Not betting the farm here though.

[smart_investor] 14/1/2017 22:41

If I listened to those types through the years I have been investing I would still be working in a 9-5pm. Thankfully I don't. Yes completely agree, it does take differing views to make a market.

[divmad] 14/1/2017 19:22

There's a poster called ArthurPortfolio over on the lse bb who would say you're making a big mistake. But it takes all sorts to make a market.

[smart_investor] 14/1/2017 16:39

Post 3301

Any buying pressure on this now you would think it would force the share price to rise with the shortage of shares available. Must be very illiquid. I know buying my 2.5% or so I had to buy in small sums online. Didn't bother ring up to work an order on the telephone. For only £30,000 you can build just shy of a 3% stake in a company on AIM not bad especially one with genuine RTO prospects. Thats what I am here for, an RTO.

[smart_investor] 14/1/2017 15:52

I have been buying gradually into here. Holding just over 2.5% now. Follow the money they say. Between Paternoster Resources and Gunsynd Plc owning over 30% of the company it really does look primed for an RTO of some sort. That shareholder register is getting very busy too.

[avizandum] 14/1/2017 10:12

I think Gledhow might be missing. Another 4.42% Calculate 14% just over 5m available. Could be wrong. DYOR

[divmad] 13/1/2017 16:40

Hard to believe that all these 3%+ holders don't talk to each other and know what's going on.

[apfindley] 13/1/2017 16:23

From the Pires website

As of 19th December.....

Paternoster Resources plc - 8,333,333 - 24.58%
Beaufort Nominees Limited - 4,051,035 - 11.95%
JIM Nominees Limited (Jarvis) - 3,032,746 - 8.95%
TD Direct Investing Nominees - 2,521,901 - 7.44%
Manoli Vaindirlis * - 1,585,624 - 4.68%
Ambrosia Investment Limited - 1,500,000 - 4.42%
TD Direct Investing Nominees - 1,299,021 - 3.83%
Hargreaves Landsdown - 1,213,156 - 3.58%
Hargreaves Lansdown - 1,072,547 - 3.16%

since then, we've heard the following holdings RNS's

GUNsynd - 1,700,000 - 5.01%
Nicholas Clark - 1,050,000 - 3.10%
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Number of shares in issue: 33,900,803

add all that up, and you have 80.7% accounted for, or 27.36 million


Leaving only 6.5mill in free float..

time to go BOOOOOOOOOOOM

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[apfindley] 13/1/2017 15:51

Shares in issue 34millShares 70% accounted for 9mill shares in free float Market cap £1.1millWait for the MULTIBAGGER on any small buying pressure once they announce am asset deal with their cash You won't be able to buy after news.

[timely4] 13/1/2017 10:48

One thing is for sure he must think something positive is going to happen for him to put it into his SIPP.

[alexios1201] 13/1/2017 10:23

Holding rns outWonder who this investor is?

[divmad] 11/1/2017 15:20

1mn sold today in 3 biggish blocks. That's 20% of the last placing!

[daicaprice] 11/1/2017 15:02

Good shifting of shares from A-B today, need to clear that seller.

DC

[overthebridge] 11/1/2017 13:27

200k trade is my buy

[theslimguy] 11/1/2017 12:51

The title of this thread is very misleading, i suggest it's changed to "fifth time lucky".