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Pinetree Capital Ltd T.PNP.DB


Primary Symbol: T.PNP Alternate Symbol(s):  PNPFF

Pinetree Capital Ltd. is a value-oriented investment and merchant banking company focused on the technology sector. The Company's objective is to maximize shareholder value. It invests primarily in equity, as well as debt and convertible securities. The Company holds approximately 8-12 investments, resulting in equity positions between 7% and 12% of assets (though its positions may at times reach or exceed 20%). Its subsidiaries include Pinetree Capital Investment Corp. (PCIC) and Emerald Capital Corp., and Pinetree Income Partnership (PIP).


TSX:PNP - Post by User

Bullboard Posts
Comment by staolinon Apr 08, 2013 10:48am
270 Views
Post# 21225309

RE: talk about cheesing

RE: talk about cheesing

Now supposedly Inwentash ain't getting no bonuses until the NPV of Pinetree surpasses that high water mark set at end of 2011, nearly 800 mil$ NPV. I certain we will see other questionable bonuses again as this would be his second year without if they followed the formula given to investors, and we all know this sack isn't going 2 years without pilfering the shareholders in one way or another.

But in the unlikely event he doesn't take off with a huge bonus, or massive fees, then he should not see extra money beyond his salary and the interest the company pays on the line of credit provided by Inwentash, if I understand correctly he should not see any extra before the NPV goes back to that ~800 million mark (5x where it sits).

Bullboard Posts