Primorus Investments Share Discussion Threads

[golden prospect] 18/11/2020 11:28

Zuuse software ticks all the boxes


PANEL DISCUSSION: THE CONSTRUCTION WORKPLACE OF THE FUTURE: THE NEXT GENERATION
TUE, DEC 8, 2020 12:10 PM - 12:50 PM AEDT
Website: www.au.payapps.com

Over 45,000 customers worldwide
Operations throughout the USA, UK, Australia and New Zealand.

[golden prospect] 18/11/2020 09:53

Fresho software ticks all the boxes

17th November 2020
Credit Card Activation and Charging for Suppliers - YouTube

[golden prospect] 18/11/2020 09:52

Fresho software ticks all the boxes

17th November 2020
Credit Card Activation and Charging for Suppliers - YouTube

[paddyfool] 13/11/2020 10:32

sounds like a Palace coup?

[cwa1] 12/11/2020 07:39

TruSpine Technologies plc (AQSE: TSP), the medical device company focused on the spinal (vertebral) stabilisation market, announces an update to the announcement released by the Company on 14 September 2020 in which it notified that the subscription funds of £250,000 ("Funds") from Evrensel Capital Partners Limited ("ECP") would be received by 11 November 2020.



The Company further advises that it has not yet received the Funds. The Company is in advanced discussions with ECP and believes that a further extension for the receipt of the Funds will be agreed to the mutual benefit of both companies in the very near future. A further announcement will be made in due course



The Company confirms that it is not reliant on these additional funds for its current working capital requirements.

[golden prospect] 12/11/2020 07:28

New management given a wonderful pot of £4.8m cash, more than PRIM market value

All other investments come for free :

For example
Primorus now holds 2,057,205 fully paid shares in Zuuse and 1m options, representing circa 1.7% per cent. of Zuuse's fully diluted enlarged share capital.

[dplewis1] 12/11/2020 07:09

Decent sounding update. Cleared up the buyback question:"We mentioned in our half year report that we would explore the possibility of the Company buying back, where appropriate, up to 10% of its issued share capital via a share buy-back programme. However, upon further review, the Board has concluded not to proceed with a share buyback programme at present."

[timbo] 11/11/2020 11:38

Would be nice but they are carrying a lot of brought forward losses (dividends are paid out of profits) so they would probably need some rejigging in the capital to do that.I would like them to have the power to buy back the shares even if not used. It might act as a floor to the share price and, when all director remuneration is linked to performance, directors would benefit along with shareholders.

[golden prospect] 11/11/2020 10:19

Perhaps for this year PRIM could offer up a starter 1p dividend as a sign of rewards for shareholders.

[timbo] 11/11/2020 09:46

The resolution at the AGM was to allot new shares not purchase existing ones in the market. I've looked back over the last 3 years and I have not found any authority that would let them do this. I think they may have missed a trick by not including that in the resolutions. They could have had the power even it was not used...

[dplewis1] 10/11/2020 12:16

Pretty sure it got approved at the EGM

[timbo] 10/11/2020 11:43

Not sure they have permission to do that at them moment - not in last AGMs etc

[dplewis1] 10/11/2020 11:19

WeShop is a dog, they have much better investments than that. Will be interesting to see what they do with that 4.6m quid .. share buyback with some of it?

[dafrog] 10/11/2020 07:40

No news on Weshop either. That looked promising.

[johncasey] 10/11/2020 07:25

or cadence minerals..copper and lithium are a powerful combination and add in some gold and silver and iron for good measure..ca nt go wrong

[johncasey] 10/11/2020 07:23

if i was clayton id invest some in vast resources

[trawl] 09/11/2020 23:22

as well as truspine not doing well any update on weshop
might be just as well they cashed ggp
heres hoping engage or zuuse contribute

[golden prospect] 06/11/2020 11:11

There is now an opportunity to pay a dividend or buyback shares, especially as PRIM trades on a 50% discount. Quite bizarre but well done to Clayton to capitalise on GGP (a brave call). I would like to hear about the investment update re Zuuse.

[dplewis1] 06/11/2020 08:45

Interested again here. Truspine has had a terrible time since listing but the fact they now have so much cash is appealing, also some of their unlisted investments are basically valued at zero

[golden prospect] 04/11/2020 10:10

Prim to update ?


04 NOV 2020




From the 1st Oct 2020 update
If funding round proceeds, Primorus will hold 2,057,205 in Zuuse and 1,000,000 options at A$0.50,

[golden prospect] 04/11/2020 09:38

PRIM nicely cashed from sales on GGP and now storming for another great investment in Zuuse.

04 NOV 2020 20m GGP sold at avg 23.09p for £4.6m !




04 NOV 2020

[philjeans] 04/11/2020 09:28

Time to BUY here; full of cash and a few other investments.

Cash alone exceeds MC.

BARGAIN

[zedder] 04/11/2020 08:48

If you made money in PRIM through their holding in GGP then head across to SVE and get the benefit again. SVE hold 82m GGP shares and currently their Mkt Cap is at approx a 45% discount to the value of the portfolio of which GGP constitutes approx 90%.