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Bullboard - Stock Discussion Forum 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... see more

TSXV:TORR - Post Discussion

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Post by PresidentBiden on Jul 21, 2020 8:57pm

$1

How long before Torrent reaches a share price of $1?
Comment by igold8 on Jul 21, 2020 9:20pm
Good question presidentb, calculating the NAV based on Q1 holdings someone posted it could have been a couple of weeks ago. Good news is since then is SONA keeps making new all time highs again today, and the golds are ripping. Excited to see the Q2 holdings! Good luck!
Comment by PresidentBiden on Jul 22, 2020 9:40am
The problem is that Torrent could have easily sold SONA at a handsome profit already.  They only hold stocks between 6-24 months and it has been close to 2 years.
Comment by wallpaper2 on Jul 22, 2020 10:46am
New here.   Can I throw out some ideas or scenarios? Torr owned IMV [390,000 shs] and 1.3 mil shs of Sona on March 31st. quarterly report. Would Torr announce the sale of Sona being it would be a material change? Torr likes IMV and IMV did a PP on May 7th @ $2.86. Torr may have bought into that PP heavily?  IMV went up $4 a share in one week recently, Torr/IMV/Sona are all Nova ...more  
Comment by igold8 on Jul 22, 2020 11:43am
You won't know til the financials but you can check the recent insider transactions with CEO purchasing shares so directionally can use as a clue but no guarentee. Good luck.
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