Pires Investments - PIRI Stream Log

The directors have lost money investing shareholder funds in other plc's. They have now raised new capital and are investing in other plc's, An investor, could invest directly in these other plc's without having to pay the administrative costs of an AIM company to do so, it would only be worthwhile if the directors of Pires were so gifted in their investment abilities that they could make extraordinary gains. Unfortunately, such abi,lity is very uncommon, and from their track record most unlikely. AT 1p these shares are a buy.

its about time the directors resigned

mmm, now share price at a substantial premium to investments, hope ambrosia stump up for some more shares at over 4p!

I wouldn't rely on piri introducing anything to avp, they dont have any decent assets themselves!

I notice the report refers to gains on the new investments, based upon the balance sheet date. It looks as Pires has lost money on all its investments, but mostly on Rame - which according to the director is doing so well!!!!

Welcome to the new Pires Investments stream forum! Messages posted in the Pires Investments stream will be logged here for posterity.