Primorus Investments Share Discussion Threads

[chutes01] 07/12/2020 14:48

chart ready to head north

[golden prospect] 07/12/2020 13:10

Buyers in volume pay 3.7p confirms direction of travel

[b00mb0y] 07/12/2020 10:49

Then why the significant price drop? Just asking.

[golden prospect] 07/12/2020 07:16

Clearing the decks for a lean ship, well done Rupert

07 December 2020

[golden prospect] 04/12/2020 10:23

While it's quiet, i can see the skyship bowl taking shape


free stock charts from uk.advfn.com

[golden prospect] 03/12/2020 21:52

Strongbuy, have you been looking at the snowflake analysis?
Full health and high value = skewed teardrop!

[strongbuy] 03/12/2020 19:25

So 60p special divi in a few months???

This could get exciting 😉🚀

[golden prospect] 03/12/2020 09:09

Zuuse should be a darling investment for 2021

02 December 2020

[darrindusty] 02/12/2020 22:26

Big Casey needs a grip on life. He the hero prices go up. Bet he nowhere to be seen if they way down. Let's keep common sense here. Grim up north so is Burnley boys happy

[golden prospect] 02/12/2020 10:53

Skyship, I like your target of 6p and clearly Rupert Likes that target and beyond else why buyout PRIM options at twice the market price.

[zedder] 02/12/2020 09:20

SVE are holding tight to their 82m GGP though.

[golden prospect] 02/12/2020 09:18

Skyship - any volume pickup should start to shape the PRIM bowl, re-rate beckons

[golden prospect] 01/12/2020 18:25

Skyship, the investment portfolio at cost excluding cash is almost certainly over £5m, probably closer to £6m with the smaller others ! (indicative sell up is £4.25m).

[skyship] 01/12/2020 17:28

Jeez JC - you would seem to be a hard taskmaster. Clayton sold HorseHill/UKOG for a £1.1m profit in 2018/19; then GGP for a £5.2m profit in 2020.

PRIM now has £4.8m CASH + an investment portfolio of £4.25m at cost (thnx for those above numbers GP).

A pretty impressive record; so doubly bizarre that Clayton has now gone.

As for the share price - I have a target of 6p for next year as the BOWL chart formation plays out:


free stock charts from uk.advfn.com

[johncasey] 01/12/2020 15:36

i think folk need to realise the old price here is just 0.16p..in how many years? pathetic return

[johncasey] 01/12/2020 15:34

TIMBO..no i said VAST resources too when is was about 0.13p..that will re rate soon

[golden prospect] 01/12/2020 09:17

This is how Primorus started the year:

"We find ourselves in early 2020 with a diverse and growing portfolio, primarily in unlisted technology and energy companies. Our 5 largest investments by deployed capital are Engage Technology Partners (£1.5m), WeShop (£875,000), Greatland Gold PLC (£625,000), TruSpine (£500,000) and Fresho (circa £260,000)."


and nears the end of 2020 with:

GGP is out
EngageTech (say £1.5m + CLN £0.25m = £1.75m)
Zuuse is in for 2m+ shares and 1m options (say £1.5m)
WeShop (say £0.5m)
Truspine (say £0.25m but should revalue up in 2021)
Fresho (say £0.25m)

CASH + Free Investments £(1.75+1.5+0.5+0.25+0.25)m + Others

Investments for free say £4.25m (discounted).

A lot of potential gearing on this "free play"

[timbo] 01/12/2020 08:26

John, was it you that also suggested that they should be invested in UKOG? What entry price would that have been at?

[skyship] 01/12/2020 08:24

GP - precisely with those GGP stats. I assume JC's comments rather tongue in cheek.

So, what of all those other investments. Anyone done the maths on the total cost?

I suppose it just needs one of them to come good and the current MCap will look more than a tad parsimonious.

[golden prospect] 01/12/2020 08:10

Total Greatland investment was approximately £633k giving a gross return over investment of approximately £5.9m or a 933% ROI over the life of the investment.

Primorus are now priced below cash.

So Zuuse, EngageTech, Fresho, Truspine and WeShop come for free.

[golden prospect] 30/11/2020 18:19

Skyship, with a relatively high annual fee package given sub £10m investment vehicle and risk-free options in the wings perhaps there was little motive for Clayton to put more skin in the game. It's all history now as new helmsman inherits a great package of cash and stocks.

[skyship] 30/11/2020 17:10

I'm just amazed to see he had such a small holding. Did he sell a chunk recently?

[golden prospect] 30/11/2020 12:46

At a guess i imagine he's halved his holding, especially as he was recently given cash £65K to relinquish dilutionary options. So now is a great opportunity for any NEW investor to take a 2m at 3.30p, should the Clayton exit go to zero !