Pires Investments Share Discussion Threads

[moreforus] 27/3/2014 10:56

PR worked his magic at KENV.....

there is material upside news here next week.....

and the price is so low thanks to a distressed seller....who is now gone!

[swizz] 27/3/2014 10:53

Perhaps the CE distressed sale effect is about to wear off and the share price will start reflecting the future value?........GL S

[moreforus] 27/3/2014 10:51

max buy 2.5 mill at 0.06p

[xcap] 27/3/2014 10:40

good for them, on RAME listing might be selling the same for .15p

[moreforus] 27/3/2014 10:39

double bottom on the chart.....

support here

[flojo] 27/3/2014 10:35

Someone keeps picking up 5 mill when cheap!

[xcap] 27/3/2014 10:35

yes m4, and I think we have lots going here as well RAME listing soon and more deal flow to come through

[moreforus] 27/3/2014 10:33

surprised no one has twigged yet....

...look at what he did for KENV......!

[xcap] 27/3/2014 10:32

nice to see some buying here

[moreforus] 27/3/2014 10:27

buyers back

the next KENV would be nice!

[xcap] 27/3/2014 10:11

check this out boys for potential

[xcap] 27/3/2014 10:08

I am getting more enthusiastic about RAME . Thinking of topping up - is it me or are these crazy levels to buy in at!

[moreforus] 27/3/2014 09:59

..and lists in just over 1 week!

[xcap] 27/3/2014 09:58

I don't think PR is that stupid either

just take a look at the potential RAME has

hxxp://www.patternenergy.com/

I am having re-think, maybe we should hold for a while 6-12 months , could be a 2-5 x return.

RAME is listing with a potential valuation of $33m, growing revenues and profits, and bank finance in place for next stage in its growth path.

[xcap] 27/3/2014 09:45

Tom W

"I might have suggested in prior articles that Peter Redmond was a senile old fool (albeit an honourable senile old fool). I take it all back. The man is a frigging genius, the ultimate playmaker in the world of the AIM Cesspit. There was Kennedy Ventures (KENV) wandering in the valley of death (just two days ago) and the maestro waved his wand and at a stroke it is the best performing share on AIM. What can I say? Peter Redmond is the Wizard King of the Cesspit.

At close of play on Monday having released dire results (see here) the company was at 1.55p valued at £420,000 but worth nothing (well £25,000). But as the grim reaper looked on and beckoned Kennedy towards the graveyard, the maestro moved in and on Tuesday announced that he had raised £550,000 before expenses (so let's call that £500,000) at 1.25p.

What a genius! As Redmond himself admitted when he granted me an audience and we chatted yesterday the company was not worth 1.25p so anyone investing must have had faith in the great man. Indeed Redmond himself invested £15,000 in the placing so I guess it is a case of following the uber-smart money.

But the great Redmond did not leave it at that. He has also recruited Giles Clarke and Nick Harrison from Amerisur to the board of Kennedy. These chaps have a good track record and have built a real company.

As the true genius of Redmond has emerged the shares have raced away to 3.375p which will allow the flippers that Peterhouse Corporate Finance pushed into the placing to make a very quick turn. Lucky them. The market cap of the company is now £2.4 million and it has net assets of (say) £550,000. I would suggest that it over-prices hope in a material way.

There is no guarantee that Clarke/Harrison will replicate their success at Amerisur here. But this time they have Peter Redmond on board with them so who would bet against the?. I guess I would not be selling these shares now because

a) AIM is crackers and just because a company is valued at a premium of c800% to NAV that does not mean that the shares won't go up. On the casino anything can be manipulated. Sorry. I mean happen.

b) How can one bet against the King of the Cesspit, the great magician Peter Redmond? Only the sort of fool who thinks Man United might beat Man City would be so utterly stupid.

I have previously suggested that Redmond was shoe-in for the 2014 AIM Cesspit lifetime achievement of value destruction award. That clearly was a grave error. The man is a frigging genius, worth a multiple of the salaries he picks up at various Cesspit listed enterprises.

Peter Redmond is truly The Great One. How could I have ever doubted him for a second?"


Lets see how much value the great man can extract from the RAME investment.

[moreforus] 26/3/2014 09:03

KENV gone nuts - the PR leaving effect???

[flojo] 26/3/2014 08:27

Do something !

[divmad] 26/3/2014 06:54

Well I've been patient on piri since last July. before it first rallied to 0.1p+. The only problem with catching falling knives is that you don't know how far gravity will take them before they hit the floor. That's why you need a strong constitution, a sound risk management approach and a modicum of faith that the management targetted have a plan to create value out of apparently nothing.

[swizz] 26/3/2014 06:49

yes, get in early and at a price that fits your risk and DYOR, be patient and let things unfold, to many people expecting things to happen in a few hours or overnight, as witnessed by some of the day tripper T3 trades..........GL S

[moreforus] 25/3/2014 18:53

Shells are not driven by immediate value .. They do nothing and produce nothing (in the main)... They exist purely as a listing vehicle for some asset in the future and for no other reason - the likelihood of that RTO and the names involved drive interest and sentiment ..look at VMP and now KENV....there are still other shells that have yet to have news or don't have the people the market likes but are trading at discounts to cash or net assets like AVP and QRM and perhaps PIRI...

The juice to be made is to get in early or when it's unloved so those buying today at 0.055-0.059 might do incredibly well....

[xcap] 25/3/2014 17:15

market is waiting for 2 events

1. to see what the Board are going to do on Rame listing on AIM. Will they use this to exit with a 25% profit and keep warrants. or will they keep the cnote. I vote for former. Get the cash and move on. We keep the warrants for further upside

2. The speed with which they close the next deal (and of course the nature of the next deal (ie which sector) and the potential value add).

Personally I think the Board must have had a very good idea as to when Rame was expected to list, having done extensive dd on the company, and I think their view is going to be lets bank a 20%-30% gain on the day of listing (a 20%-30%gain in 2 months is a very respectable return) and use the cash more efficiently on the next deal and make another 20%-30% return within a 3 month window. They do this 3 times this year and its a 60%-90% return. Remember we will always have the warrants to add further upside value in each deal (which I am sure they will negotiate as standard terms).

By taking this approach the Board should also avoid the need to raise money at Plc level.

What we all want is capital gains in the order of 100% pa and I think that is achievable. Quick deals unless there is compelling reasons to stay for the long haul. I would personally not endorse the 'long haul' route until we have a very healthy treasury position (in the order of £3m) where we can invest in pre-IPOs and exit on listing or shortly thereafter and/or become cornerstone investors and hold investments for the longer terms but hopefully in cash generating businesses which do not require funding through placings resulting in dilution (ie the junior resource sector). That is not the business model I have subscribed to and one that PR has stated he does not believe the company should follow.

[outspan] 25/3/2014 15:10

m4, posts crossed but similar thinking and perhaps he is seeing progress in a different light these days. Cleared off from LDP, brightened up KENV's outlook and taken a cash stake. As you suggest, what next?

[moreforus] 25/3/2014 15:08

lol depends who he appoints.....!