Pires Investments Share Discussion Threads

[kaos3] 07/12/2023 16:09

new bb MFAI

[kaos3] 07/12/2023 16:07

atlantic ... agreed

but nav is still very tasty ... despite reality check imho

plus their big owner is selling liquidity ... so derisked in a sense, safer

[atlantic57] 07/12/2023 15:02

It is a great pity that those who vote posts down don’t come on here and explain their point of view .I suspect the reason is that they can’t .

In a forced sale I suspect the investments that Piri holds are worthless.
So shareholders are locked into an oyster pot that they can only climb out of on a liquidity event .

Otherwise it means selling at a loss..

[atlantic57] 07/12/2023 10:02

In the real world it would be very difficult to sell these share stakes for anything approaching book value.

[atlantic57] 07/12/2023 09:05

If the nav is 4p then surely the discount is more like 75% not that it is much different from your=figure

[homtanks] 07/12/2023 08:48

Added 515k to average down, if the navs announced are correct then the discount is massive at 0.95p

Pires Investments plc (AIM: PIRI), the investment company focused on next-generation technology, is pleased to
announce its unaudited interim results for the six-month period ended 30 June 2023.
Highlights
Company highlights
· Net asset value ("NAV") of £7,310,000 as at the period end (31 December 2022: £7,822,000), equating to
a decrease of 6.5% since 31 December 2022, albeit against the background of a difficult technology
market.
· NAV per share as at the period end was 4 pence (31 December 2022: 4.28 pence) and so Pires is now
trading at a 67.5% discount to its NAV.

[koti4] 06/12/2023 09:13

Well the update which I heard was coming didn't exactly light the fuse did it

[koti4] 30/11/2023 08:10

Nice one Bingo

Hearing that PIRI might have a release planned for next week

[bingoprize] 28/11/2023 07:42

the difference Tern has is it’s assets are dealing directly with companies like Microsoft, Space X, Apple, top pharmaceuticals, Metaverse to name but a few, we can add many auto industry companies and global tech security companies to the list too. The Tern chart isn’t going to decide the value of Tern. What the chart is doing is highlighting an opportunity, show me another company with 4p shares and its assets winning awards from Microsoft and dealing directly with Space X on future projects?

[kumbuka] 11/10/2023 13:12

I see old loser pond57 is sniffing around as well. Now that is worrying.

[kumbuka] 11/10/2023 13:10

Being in TERN is nothing to boast about stupid mudbath. Look at the long term chart 🤣🤣🤣🤣9315;🤣ԍ15;

[mudbath] 11/10/2023 12:31

Hi Andre
Minorplanet seems so long ago.
Your good sense still prevails though I see.
I am in TERN currently and hopefully !
mud

[andre] 29/9/2023 14:44

Because it's assets cannot be relied upon to be anything but money pits perhaps. Just a thought. It also invests only in things that are not easily transparent like other investment companies. Usually with shared directors from what I have seen. All imho

[ellipses] 25/9/2023 11:30

The assets are AI/Blockchain/Gaming/Ad plays that pretend to be high tech but are just buzzwords with no teneble value. You lot would have been better off voting for Tern not that that lot would have had you or are doing much better.

[atlantic57] 23/9/2023 10:55

Why is this Company trading at such a huge discount to net assets .?

[stentorian] 14/9/2023 13:43

Change of name from Pires Investments PLC to Mindflair plc the epic or TIDM code should change from "PIRI" to "WTF".

[homtanks] 19/7/2023 17:22

Loaded and ready recovery in tech overdue could prove very cheap if exits come through.

[microscope] 25/5/2023 11:49

Since when was selling shares from a portfolio called 'expected liquidity events'.Eurghhh!

[kaos3] 25/5/2023 06:35

RNS - overview - at some investments we got revenue and or growth - why not same data at all investments i ask .... strange. should i worry

but at least we got some info

Pluto - no more de-fin ... for which i bought in... now another gaming .. grrrr

[kaos3] 19/5/2023 05:24

diace ... i looked at how much piri asset value might be ... sure investment is like something more than 1 mil /sure investment 6 mil , having a good quater of it and declining atm/ , then some random non market investments needing more money ... lets say piri net assets imho would be cca 2 mil. now apply the todays market discount ...and here we are...

now

I must be wrong. can one put me wrong with the exact numbers.

[daicaprice] 18/5/2023 20:41

It does look a good punt from here, watching closely.

DC

[kaos3] 18/5/2023 20:11

low... hope some good news coming... still holding