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Bullboard - Stock Discussion Forum Purpose Conservative Income Series A T.PRP

The fund seeks to provide (i) a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and (ii) monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash. The fund invests in a broad range of asset classes which may include... see more

TSX:PRP - Post Discussion

Purpose Conservative Income Series A > Approved vendor status at Saudi Aramco
View:
Post by GreenGenie on Sep 17, 2012 10:54am

Approved vendor status at Saudi Aramco

Nobody seems to be talking about this. Doesn't anybody else think that this is a big deal?

 

A small contract (by SA's standards) could easily double or triple PRP's backlog, improve their margins, and raise their profile in the investment community.

 

Is there no one else out there who thinks that this has the potential to deliver big news in the near future?

 

Chris

Comment by cabbieJBJ on Sep 17, 2012 2:26pm
of course it's a big deal...potentially.  Now, they need to close.   That has been PRP's achilles heel.  I hope it's healed.
Comment by GreenGenie on Sep 18, 2012 12:15pm
I hope so too.   I guess what makes me hopeful about this SA (potential) deal is that in Saudi Arabia clean water is more valuable than oil.
Comment by bluebeard123 on Sep 18, 2012 9:13pm
Ok...I post a comment after 1 month of nothing said on the bullboard and immediately 3 comments that are very encouraging of the company get posted....who are you guys? Do you work for Prosep's social networking group? Do nyou monitor the bulletin boards and immediately counter any not so nice comments? Give me a break and show me the Saudi contracts. PRP has been talking about this for years.
Comment by GreenGenie on Sep 19, 2012 11:54am
I'm just an independent retail investor.   I have no connections to ProSep, other than that I recently bought stock in the company.   I can't speak for anyone else.   I didn't say that any Saudi Aramco contracts existed, I just pointed out that PRP had recently received "approved vendor status" (which is often a prelude to contracts being signed).   Is ...more  
Comment by bluebeard123 on Sep 20, 2012 12:27am
I'm an independent retail investor also, and I would like to make money on PRP like you. The 3 comments that came back immediately after my posting sounded very much like company investor relations people monitoring social networks. You have stated that you are not one of the, and I will accept that. I have had these shares for a very long time (since EAR). I believe the company's products ...more  
Comment by GreenGenie on Sep 20, 2012 9:59am
I agree that up to now PRP has failed to live up to expectations in terms of the SP performance, but I'm hopeful that in the near future (next 6 months or so) that they will announce a deal in the $10-$20M range that will ignite some interest in this company. I may be wrong, but I'm willing to take the risk.   I sense that there's a lot of frustrated holders of this stock out ...more  
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