Primorus Investments Share Discussion Threads

[skyship] 11/9/2022 08:23

chutes - I think you are exaggerating somewhat. Unable to find any mention of RMM on my JDT thread; but please let me know Post No. in case I missed it.

I admit I hold; though now wish I didn't. Nevertheless, we may see a good rally from Friday's rather overdone fall on rights issue concerns.

[megaman2] 10/9/2022 05:11

I suppose on the positive side at least the bmn clns are attracting 10% and are ok as long as prim get paid next year but bmn has other $46 mill cln maturing and not a lot of cash ..

Clean Hydrogen investment up 10% .

Fresho processing $700 mill of $350 bn mkt so has traction 38000 customers tried to look on the app on what fees it makes on that $700 mill and be interesting to know what it's targets are . It's certainly in a growth area and is potentially the best chance of share price appreciation should events unfold positively .

Also Prims main investments are aud denominated and aud/GBP has strengthened 15 % this year! Payapps and fresho.

So prim have made its biggest gains by currency this year..turns out this is an fx trade haha. Perhaps this has been overlooked.

[chutes01] 09/9/2022 23:13

RMM is now worthless
There's a poster - Skyship - been pushing these, looks like he has the ear of Rupert the Bull
He was ramping RMM like a spaniard
See JDT thread. There is a group of people intent on defraud investors

[iceagefarmer] 09/9/2022 21:00

truspine..another friggin disaster pick

[megaman2] 09/9/2022 20:37

The investments from the new board have been awful must ...now have clns that they can't convert as bmn has halved ..and likely has cash problems next year when the debt is due.
Rambler they stuck in almost £400 k now worth c £180 k 6 months later...a quick look at the accounts there is a mountain of debt ...probably go bankrupt ..

Some spac which is just a get rich quick scheme very likely to crash and burn and be worthless in the current economic environment ..

I can lose less money than this can folk send me a few million quid and i will pick some stocks with a pin and take a salary ..

[amaretto1] 09/9/2022 20:10

LND up 9 percent today ...Hearing good things !!! Hope it can comes good for them

[hj996] 09/9/2022 13:29

The impression I got was that Engage was struggling and not meeting the lofty expectations we had from when Prim first invested. I have been supportive of new management but I can see that big sums are still being invested in unproven and yet to be profitable businesses. WeShop is giving out free shares I understand to those who join. Isn't that going to lead to lots of dilution?

The unlisted investments are unlikely to list publicly until markets become more settled.

[iceagefarmer] 09/9/2022 13:22

and that israeli oil company?

[iceagefarmer] 09/9/2022 13:21

what happened to the jewel in the crown engage? and weshop?

[dplewis1] 09/9/2022 13:06

Have they ever had one of their unlisted investments do an IPO or trade sale? Most people probably invest here for the non-listed holdings but that's no good if they never realise any cash out them

[megaman2] 05/9/2022 08:13

What's the total cash burn here over 1 year is it £400 k+ or more ? There is no income so when will they have to start selling assets to pay the bills . They need to make 10 % per annum on the investments just to stand still..what's the plan here from management how will they continue to pay the bills costs?

[cwa1] 02/9/2022 14:15

Half yearly...

[megaman2] 10/8/2022 11:20

I think in reality we are just back to where we are a few weeks ago after a few sells took it below 3p..

[rental] 10/8/2022 09:21

Massive rises last few days,
No liquidity by looks of it,
Small tiny buys and it’s flying

[rental] 08/8/2022 18:00

I think we should be a double todays price already,
9p once fresho have more announcements over the next 9 months

[dplewis1] 08/8/2022 16:47

Think it might need one or two of the investments to outperform in order for the valuation to double.. need an IPO of Fresho imo

[rental] 08/8/2022 16:22

Another 250k for me

The seller will be clear here is days I’m thinking, and if so this could shoot up to 6p In no time,

Time will tell.

Good luck all

[megaman2] 04/8/2022 08:11

BUSHVELD MINERALS LIMITED – Convertible Loan Note for £1,208,988 over the ordinary shares of Bushveld Minerals Limited (for the nominal amount of £1 each with an interest rate of 10% per annum)
4,157,637 shares (including payment in shares for accrued interest) have been converted and sold.
0.098987

On website they Said they will.update here and not via rns. So prim have sold the first tranche and interest shares c £400 k! Unfortunately bmn have tanked now so will have to sit out until either cln expires or price goes up. Attracting interest while the market is in turmoil is actually a good result!!

[b00mb0y] 01/8/2022 13:23

Turning out to be quite a shoddy investment here.

[hj996] 01/8/2022 11:01

I don't want anymore Landore. It's a risky investment to buy in to something in the hope it will get taken over. If you are going to do that then buy into the biggest and best ones like Moneta Gold. But like I say these are very speculative.

We have enough speculative investments or "potential" big winners.

Some of these haven't performed lately and this is why we are down here share price wise.

Didn't someone wish for more RMM when the share price was in the high 20s and the Board obliged and now RMM is at around 18p?

Would like to see some investments in more solid profitable companies going forward as well.