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Torrent Capital Ltd V.TORR

Alternate Symbol(s):  TRRPF

Torrent Capital Ltd. is a Canada-based investment issuer, which invests in the securities of private and publicly traded companies. Its investment objective and strategy (investment policy) is to grow the Company’s capital by generating gains from capital appreciation, interest earned, dividend income and fees. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. It allocates its capital towards a multitude of sectors and businesses at various stages of development. The Company maintains a concentrated portfolio of public securities and may invest in private placements, event-driven opportunities, special situations, and private companies with a clear liquidity window. It may also provide advisory services to select companies in conjunction with its investment mandate.


TSXV:TORR - Post by User

Post by jros22on Jul 04, 2020 9:09am
236 Views
Post# 31223684

New here

New here

Looking into this stock as Sona keeps increasing. I looked at the latest financials and came up with the following:

Current holdings on July 3rd close:

kneat :         $3,288,563
WildBrian:  $2,580,000
Ruckify:       $1,742,311**
Sona:          $9,304,950
G.I.P.           $1,211,000**
IMV:             $1,462,473
R.H.C.        $570,000**
Others       $980,041**

Total = $21,139,338

** Couldn't find current share price so used March 31st closing as seen on financial statement

I also used the March 31 data for stock holdings. Is there any way to find current holdings or do we have to wait for the next financials? Prisidentbiden mentioned in the last post that they hold 1.6M shares of Sona but the last statment says 1,335,000.

23,850,000 Shares

21,139,338 / 23,850,000 = $0.88 with no multiplier

There is a lot of chatter that Sona is just beginning here and we may see an exponential increase in share price. I'm very likely going to be an investor here come monday. Can anyone confirm they are coming to a similar current evaluation?
 

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