PyroGenesis Inc T.PYR

Fair market value of strategic investments

[StairwayTo]

Anyone else is affraid of what would happened if HPQ sp would drop to $1.00 or $0.90 by the end of Q2?

PYR recorded a comprehensive income of $41millions for the year ending 12/31/2020.
The result of "fair market value" on HPQ investment, which saw its SP increased from $0.08  to $1.10  by the end of 2020.

PYR will probably record some $3M in comprehensive income in Q1, due to the increase in HPQ from $1.10  to $1.17 at the end of March.

Every drop of $0.10 in HPQ sp would represent +/- $4 millions in comprehensive loss

[LastZaz]

This may dissuade those who don't pay attention, but ultimately it's just the share price. Not always reflective of operations or HPQ's overall success.  I would not be too concerned though, given HPQ keeps finding higher support and has a pretty regimented and planned out 2021 that should give way to a higher share price in any case. 

[yf4l8888]

to be honest, not afraid at all.  If you are invested in PYR you are most likely also aware of the HPQ story and potential that company has. You would also be aware the stock is still being shorted.  Personally, any blip under $1.00 to me is just a blip..and additional buying opportunity.  

[StairwayTo]

If HPQ continue to drop, it will be devastating for PYR Q2 results. Assuming they have the same volume of shares they had in Q4 last year, today's accrued comprehensive loss if over $8,000,000.  Contracts and revenues better showing up soon, fast, large and with high margin. . .

[claudemc]

Haven’t been on here in awhile but I see not much has changed, the doom and gloomers are out in full force as they usually come out to post their dribble when they see red. On your ‘analysis’ did you fail to note that PYR will be showing additional comprehensive INCOME from the exercise of warrants to the tune of $5 plus millions? No… pretty sure it wasn’t a slip up but rather an intentional

[Chrisgodfrey202]

As an accounting issue, and I am not an accoutant, dont warrant conversions go straight to the capital account and not income  ?

[StairwayTo]

I hope the $65M involves somehow HPQ that could help its sp,  Cause as of now, PYR will have to book a comprehensive loss of 12.8M in Q2 not negligible. PYR recorded a comprehensive income of $41millions for the year ending 12/31/2020. The result of "fair market value" on HPQ investment, which saw its SP increased from $0.08  to $1.10  by the end of 2020. PYR will

[RealistDontalkm]

they have 2 months to make up for that [/quote]  

[fdfd12]

Stairway it doesn't matter what HPQ does. The market is reacting to what PYR does. Look at the stock price NOW! WIth the help of HPQ, the earnings were great. Stock goes down cause they want PYR to be able to earn without the help of HPQ. I think it has become quite obvious don't you think? [/quote]

[StairwayTo]

End of Q1  HPQ = $1.17 End of Q2  HPQ = $0.70 A drop of $0.47 which will result in a comprehensive loss of $18,000,000. or minus $0.11 eps Even if PYR turned all of there backlog into revenu in Q2, they will have to show a huge loss. I sure hope a major annoucement will bring the sp up by a $1 or $2 so I can breakeven and sell before the Q2 results announcement. Sorry for the downer

[fdfd12]

Wrong $1.20 to $.71. Also it doesn't matter for the $-.11. The market didn't care before when their earnings were +.10 caused by HPQ going up. They won't care -.11 EPS with HPQ going down. Market only cares for PYR and how they do. If you look at their eranings, you need to look for "operational income or adjusted income" That is what will move the market. [/quote]

[StairwayTo]

I hope you're right. But you recalled the headline for Q4? I wounder how the Q2 headline will look like. Certainly they will hide this in the fine print. . . [/quote]

[fdfd12]

Look, I am the one who said, "PYR did not do .10 in EPS since all of that .10 was due to HPQ investment. They did .02 if you take out the HPQ investment". Everyone on this board told me to Foff. The stock didn't rise at that time and NOW it will not drop because of this negative number. [/quote]

[StairwayTo]

I was with you then, and yes the stock didn't rise, but it would have dropped without it. So I'm concern that it will be adjusted in Q2 [/quote]

[StairwayTo]

Well today is end of Q2, and HPQ sp stands at $0.72. A drop of $0.45 from 3/31 If PYR did not sell any shares, they will have to book a comprehensive loss of some $18,000,000 in their Q2 financials . .