Primorus Investments Share Discussion Threads

[qs99] 26/8/2020 15:07

looks like share premium to be eliminated IMO to give it the distributable reserves etc for share buyback? DYOR

Looking to exit some investments H2 should help bolster share price IMO....DYOR

[qs99] 26/8/2020 10:49

Look at GPM, it has narrowed its discount to 0-10% tops from 25% earlier in the year

PRIM sitting at 50% discount just looks wrong IMO, albeit that it has fewer investments and diversity therefore of risk. However, GGP is performing very well.

[qs99] 26/8/2020 08:16

agreed re share buybacks at this low level...

[chrisdgb] 26/8/2020 08:06

At that discount, share buybacks make absolute sense.........

[skyship] 26/8/2020 07:19

Pretty thin gruel that statement. Should have provided valuation details on the various stakes. Still, all that information can be found elsewhere of course.

NAV would appear to be 5.12p/share - so a 41% NAV discount; but still major uncertainties on all valuations other than GGP - AC's specialist subject on which he has proved spectacularly prescient and successful.

[timbo] 26/8/2020 07:10

Primorus has a strong balance sheet with no debt and with total assets (including cash of GBP676,000) as at 30 June 2020 amounting to GBP8.09 million (30 June 2019: GBP4.85 million).

[timbo] 26/8/2020 07:09

"It is the intention of the Board to resolve with our lawyers and Nomad, the ability for the Company to buy back, where appropriate, up to 10% of the issued capital in the Company via a share buy-back programme to be approved by shareholders."

[timbo] 26/8/2020 07:08

Half yearly report just outFinancial ResultsThe operating profit for the six months to 30 June 2020 was GBP3.29 million (30 June 2019: GBP418,000 loss). The net profit after tax was GBP3.29 million (30 June 2019: GBP418,000 loss).Total assets, including cash, at 30 June 2020 amounted to GBP8.09 million (30 June 2019: GBP4.85 million).

[timbo] 25/8/2020 08:08

When do you think he should have invested in Alba,Vast ,ukog and Angus? Anyone investing in and holding these over a year ago would be severely underwater by now...

[timbo] 25/8/2020 07:48

He didn't "get lucky" with GGP. It was his specialised subject - he knew the area and knows mining. That's how he saw the potential before GGP became trendy...I'm guessing you've not worked in many recruitment companies if you don't think Engage has great potential...

[johncasey] 25/8/2020 07:21

as for weshop..looked at the site and just cant understand who would want to use it..a child could do a better job

[johncasey] 25/8/2020 07:19

surely clayton can pick better stocks to invest in? he got lucky with greatland...my suggestions are Alba,Vast ,ukog and Angus..quit wasting money on techies like Engage..they are going nowhere

[cwa1] 24/8/2020 15:01

Stephen Labrum holding decrease:-

[timbo] 21/8/2020 22:14

As a positive they are responsive on the web site contact form. I pointed out yesterday that under the list of major shareholders they had put Annabel Schid instead of Schild. They corrected it within the day...

[appolo1] 21/8/2020 17:37

Didn’t someone on here say ‘ follow the money ‘well not going as we all expected in making prim buckets full of ££&& and until get FDA clearance can’t see any upward movement .

[timbo003] 20/8/2020 07:29

I have created a new thread for TruSpine, in anticipation of the surge of new investor interest (I wish 😵)

[johncasey] 20/8/2020 04:19

Primorus Investments PLC
@priminvestments
·
20h
We have been saying this is probably a Tier 1 asset for the last 2 years....
GIF
Primorus Investments PLC
@priminvestments
·
20h
A development at Havieron has implications for Newcrest's hungry treatment plant at its Telfer gold-copper mine 45kms away. So much so that while Newcrest has yet to say how big Havieron could be, Biswas was happy to say it could restore Telfer to the tier one operation...
Primorus Investments PLC
@priminvestments
·
20h
Newcrest managing director Sandeep Biswas is awake to all that which is why he devoted a big chunk of his profit briefing to Newcrest's yet-to-fully-form growth options at the Havieron gold/copper project in WA's Paterson province, and at the Red Chris gold/copper project...
Primorus Investments PLC
@priminvestments
·
20h
"Finding gold is hard and rare. So these kind of drilling results are really exciting," Biswas said of Havieron, where a bulk tonnage opportunity in the breccias in addition to the high-grade "crescent zone" is fast emerging.

[appolo1] 19/8/2020 21:55

supposed to (truspine)20/8/2020

[johncasey] 19/8/2020 21:49

is it truspine listing tomoro?

[appolo1] 19/8/2020 18:10

Big day tomorrow,fingers crossed,dont understand why Prim price still not showing potential and alot of big sells.

[big7ime] 14/8/2020 17:01

Nice find John

[johncasey] 14/8/2020 07:30

Two Shields Investments PLC WeShop Update
13/08/2020 12:26pm
RNS Non-Regulatory

TIDMTSI

Two Shields Investments PLC

13 August 2020

Two Shields Investments plc

("TSI", or the "Company")

WeShop Update

Two Shields Investments plc, the AIM quoted investment company with a strategy to build a high-quality portfolio of investments in fast growing and scalable digital and technology enabled businesses, is pleased to announce that WeShop Limited ("WeShop") has appointed Yoav Keren to its Board as a Non-Executive Director. TSI has a 10.7% holding in WeShop. Yoav Keren is the CEO of BrandShield Limited ("BrandShield") in which TSI holds an 11.34% stake alongside a $1.8m Convertible Loan Note.

The appointment of Mr Keren follows the global partnership agreement between BrandShield and WeShop announced by TSI in September 2019. The partnership focusses on the co-development of a global product, merchant and user verification proposition for social ecommerce. This will protect users from fraudulent online merchants, counterfeit product offerings and fake user accounts together with protecting brands from counterfeiting and trademark infringement. WeShop intends to integrate the verification proposition into its B2C and B2B offering across over 100 million products in the UK alone within various marketplaces, further enhancing its credentials as a leading social commerce platform.

Andrew Lawley, Chairman of TSI said:

"The appointment of Yoav to the Board of WeShop highlights the developing relationships and the deepening of the commercial partnership between our two core investee companies. As WeShop pushes forwards with its launch, Yoav's experience in driving BrandShield through impressive annual recurring revenue growth and the scaling of its client base will be invaluable. It should also hasten the relationships required in rolling out the joint, consumer focused fraud protection tools that are so relevant in this era of increasing threat to businesses and consumers as a result of large spikes in online fraud, phishing and counterfeit activities."

For further information please visit hxxps://twoshields.co.uk/ or contact:

[timbo] 13/8/2020 08:56

The update yesterday said "We intend to be patient and longer-term investors in TruSpine as we have a fundamental belief in the team and the products."They're not interested in a quick turn otherwise they could have sold out of Greatland at 5p and still shown a great return on investment but they believe it will go a lot further. Same with TruSpine...

[johncasey] 13/8/2020 05:15

if truspine doesnt go up alot on floatation i'd sell that investment..the buy in price isnt that much better than the predicted floatation price...waste of friggin time investing...he should have bought into EUA instead