Pinetree Capital Ltd T.PNP.DB

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

Financial Services Asset Management

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

Pinetree Capital Ltd

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Comment by edmbondson Feb 22, 2015 3:14pm

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Post# 23452900

RE:RE:RE:RE:Pinetree turnaround?

No, if the price goes up it will be because debenture buyers have a strong view that they will be made whole. Pinetree doesn't need to make a comeback, it just needs to not lose any more of its NAV.

Regarding redemption (are you really so clueless?), it will be at par. There is provision for up to 1/3 of redeemed debenutes with shares at market prices immediately preceding the redemption. The rest as cash.

If you really like POET (and are not just a paid pumper) then buy it. Better yet, wait until PNP starts selling at buy it at a discount. You're a fool if you're buying PNP to benefit from PTK.

note - I think PNP shares have upside but for the reasons that you do (or pretend to)

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