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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 dangoodon May 06, 2015 5:16pm
146 Views
Post# 23701723

RE:RE:Panic selling way overdone

RE:RE:Panic selling way overdoneIt is a positive because you eliminate debt that has an above market rate of 10%. I was just hoping they could buy the debt back in the market at less than par because this would add to nav of the commons. Issuing debt was an obvious mistake in a Company that needs time for its investments to turn around. The real value is in the tax losses which are not included in nav. But there has to be profits to give this any value. Hopefully the debenture holders are better at investment management than Sheldon. Time to stop speculating and start investing in fundamentally sound shares.
Bullboard Posts