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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Primorus Investments Plc | PRIM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 4.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4.50 | 4.50 | 4.50 | 4.50 | 4.50 |
| Industry Sector |
|---|
| MEDIA |
| Top Posts |
|---|
Posted at 26/3/2024 18:36 by katekat there will certainly be a lot of cash rich prim investors out there, |
Posted at 26/3/2024 17:36 by chutes01 Get the divi/easter break out of the way, let the price re-base and we move onFresho £££ See what level of divi is re-invested by investors Expect director buys after closed period. |
Posted at 21/3/2024 17:20 by goggin What are they worth now?NewsIN BRIEF: Primorus buys further GBP126,000 worth of shares in FreshoPrimorus Investments PLC - London-based investor specialising in small and mid-cap companies and ...Alliance News8 March, 2024 | 12:23PM??????Primoru |
Posted at 18/3/2024 11:11 by megaman2 To be honest I'm not that keen on buybacks and as mentioned the dividend strategy was telegraphed long before . So should be no surprise .You have to way up the pros and cons here against owning shares direct . Positives Hands off investment Opportunities to invest pre flotation or at discounted fund raises on broker offerings not always available to individual or small investors . You can buy a share which appears to have a significant discount to its net assets which has the potential to reach it's full value on liquidity events albeit with tax to be taken account of both internal and personal. Negative Cost of running the show compared to owning your own shares Control of selling tax etc Maybe you think you can do better .. No doubt there are other factors but imo these are the main considerations in general . |
Posted at 17/3/2024 15:20 by betterupthandown1 It's not for the company to make decisions on the basis of individuals tax positions.If individuals decide to hold shares outside of a tax wrapper that is entirely their decision. Nobody is losing money as claimed but rather having to pay tax on income -which is how normal economies work. Paying tax is not bad -it means you have made some money. The share price went up on the back of the dividend announcement and will no doubt move down ex divi -this is a function of markets and a very basic sum which happens in listed companies paying dividends. More of the decision is whether the share price reflects the companies assets and prospects. If individuals have made losses on other investments then again that is the individual and their advisors to sort out not the company. People who choose not to hold shares in an isa's etc or do not invest within a pension for example will have to pay tax or find other ways of mitigating tax. Its totally bizarre to blame a company for individuals tax planning( or lack of). Most people complaining about a dividend have been screaming for the company to redistribute some of the profits. We have -sort your own tax out. I have made it clear that we reorganised the capital structure in order to have the ability to redistribute profits - in which ever way the Board feels is in the best interests of all shareholders and the company. If you don't want to invest in an Aim investment company which wants to reward shareholders then there are plenty( if not the majority of invest co's on Aim) who have no plans to do this but instead like to issue confetti shares and pay themselves excessively. If that is the sort of company which you want to invest in then you know what to do. The best bit is that investing in these companies means that you will never have to pay a penny in tax - have a think about that. There will be plenty of investors who do not let the tax tail wag the investment dog. Also the Board has no say over where the share price trades, so some of the comments on here are absolutely ridiculous. If you thinks it's too low or too high then you individually can make up your own minds about what to do. Of course that is every investors choice and not a recommendation as I think Prim has great prospects but if you're not happy at being paid a dividend then maybe its time to move on. If you want to remain a holder of Prim shares then I suggest those who have not thought about the financial implication of redistribution of profits seek financial advice and plan their financial affairs in a more tax efficient manner. I personally find it simply staggering that investors are wingeing on about being paid a dividend from one of the few Aim invest companies to do this. All it requires is some fore thought and some basic tax planning. If you don't understand this concept then please take some professional advice. |
Posted at 17/3/2024 13:53 by chutes01 lets hope the market doesn't discount the full divi this week, otherwise there has been an issue created for investors, effectively wiping a 39% tax charge of an already depressed price, add to that the huge selling we may see for weeks to come as Steve and others departRupert ? |
Posted at 16/3/2024 01:16 by masterg1 Steveb77 you are clearly very knowledgeable on tax and confirms what I thought to be your background. You clearly have a strategy for your investment and took a substantial stake. Your buying and selling affects the price in a stock which lacks liquidity. Who is to say that your selling to realise a capital gain does not affect the price. I believe buyback helps short term investors more than long term and would be detrimental to liquidity. I am a long term investor and have split my investments via a SIPP, ISA and ordinary account. I am invested here due to potential for longer term growth and future regular and occasional special dividends such as this. I would have been disappointed had the board not approved this dividend. I will be looking to re-invest some or all of the dividends in the SIPP and ISA, on sufficient drop in price. The Cash will allow me to re-invest in PRIM or elsewhere. It will depend on the perceived opportunities available elsewhere or here on receipt of cash.I will let the tax take care of itself on the ordinary account, its sometimes hard lesson to learn for people trying to minimise tax end up making a loss when there was an opportunity for profit to be taken. I am not connected with any other shareholder in PRIM and currently support the boards decision on this matter. Those concerned with tax consequences should consider arranging some or all of their investments through tax efficient wrappers such as SIPP and ISA. Those with foresight should have foreseen future dividends, when the company tidied up the balance sheet. These are my thoughts on the matter and I do not get involved in discussions on BB's very often. I have only posted due to having an opinion on the matter, and having time on holiday. |
Posted at 12/3/2024 20:42 by megaman2 I think we all have concluded katekat is clueless daft ramper.It's not attractive for many investors now as you are just creating an income tax liability in a matter of days .likely the share price will fall to c4 p following ex div . If you buy now at 6 p then get a div of 1.5 p with a tax liability you would need it to not drop at all once ex dividend just to brake even if you sell. So there is clearly no trade or arbitrage unless the share price moves higher and doesn't fall ex dividend which imo looks unlikely .Hence few new buyers here for the dividend. Only further news will take this higher imo . Still unknown about the fmi payapps sale and other irons in the fire. Probably any new investors may be waiting to see what the price is 23 march . Might see some action that day . |
Posted at 12/3/2024 01:05 by katekat Todays Dividend RNS gives the full intentions of the Board, no reason for investors to sell now into a crazy Market Maker Spread, just sit back and hold and maybe we will get a further dividend in 6 Months time, as there is still a staggering 3 Mill in the bank and guessing approx £450k liquid in Clean Power Hydo, after this dividend rns today, very short term Alte is still in suspension and news must be coming shortly, Medium term must be Fresho,Really no need to hold any other stocks now, rather just ride this with zero stress. |
Posted at 30/1/2024 13:42 by hj996 It would assist if the company gave yearly estimates of net asset value for each of the investments in line with industry practice; it's the norm with VCT and other investment company type businesses.To have no idea of the nav leads to Investors really investing blindly. Add to this the poor disclosure of information regarding turnover, profit or losses at the investee companies and there is little to attract investors apart from the periodic ramping from the regular gang who will disappear just as quickly as they appear. |
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