PEB - Pacific Edge Ltd

[Balance]

The big institutions in PEB:

Smartshares Limited 20.6m shares

Harbour Asset Management Limited and First NZ Capital Securities Limited 72.7m shares

AMP Capital Investors (New Zealand) Limited 25.6m shares

Salt Funds Management Limited 55.7m shares

Devon Funds Management Limited 19m shares (below 5% last disclosure so could be gone by now)

BT Funds Management (NZ) Limited 34.5m shares

K One W One Limited 19.8m shares

247.9m shares = 53% of the company.


****************

Every cent they can increase on PEB's sp = +$2.47m in performance on their 30 June 2018 portfolio.

Window dressing, it used to be called.

These days, the NZX and FMA decree that such behaviour is conviction top-ups?

[trader_jackson]

About 2 and a half years ago (either oct or nov 2015) I said I would give PEB 2 years to deliver something.

That something, mainly Kaiser Permanente & CMS, has not been delivered, despite my generosity in giving them another half year.

I am not sure what is going on, but I feel this should have been delivered.

PEB is the only share that is in the red (although has always been a low single digit percentage of the portfolio) and the only share on the dozen or two I have commented on sharetrader I seem to have been seriously out of step with.

It is unfortunate... I don't want to sell because it should be a success... maybe one day it will, but as far as my conclusions go, it has not been a success... the 'now or never' phase is passing, if not already passed, and every day that goes by is a step closer to the grave yard, joining the likes of WYN, CBL and PPL - previous bigly growth companies that just couldn't make it work (for various, and yes quite different, reasons)

I intend to remove myself from the share register in due course.

After 4 or so years of being on the share register, I can now confirm I have removed myself, taking a total hit of around 60%.
As with any speculative investment, PEB was only a small part of the portfolio so I am not concerned (pleasingly the only investment where I have lost money). However, I was hoping that small part (~2%) would grow bigly to be a large(er) part - not shrink to become an even smaller part.

I do wish PEB and its shareholders all the very best.

[winner69]

After 4 or so years of being on the share register, I can now confirm I have removed myself, taking a total hit of around 60%.
As with any speculative investment, PEB was only a small part of the portfolio - I was hoping that small part (2%) would grow bigly to be a large(er) part - not shrink to become an even smaller part.

I do wish PEB and its shareholders all the very best.

Bigly news next week mate and ..........

But you must feel a sense of relief after all these years

[Balance]

Bigly news next week mate and ..........

But you must feel a sense of relief after all these years

Must feel like a festering pus-filled boil which he has finally lanced?

[When the bass drops]

After 4 or so years of being on the share register, I can now confirm I have removed myself, taking a total hit of around 60%.
As with any speculative investment, PEB was only a small part of the portfolio so I am not concerned (pleasingly the only investment where I have lost money). However, I was hoping that small part (~2%) would grow bigly to be a large(er) part - not shrink to become an even smaller part.

I do wish PEB and its shareholders all the very best.

Sorry to hear you pulled out of PEB prematurely (in my view) but you have your reasons.

[When the bass drops]

The majority of investors will come in and out of a stock, at their own discretion. They may use the advice of posters on here as merely a push in a direction they were always going to go.

When it comes down to it, I'm not happy with the pace in which things have been tracking with this company, however I still believe it is worth holding my position at this stage.

This is in part due to when I got into the stock; maybe if I got in 10 years ago I would have an altered view. It's reasonable to assume at some point they will get a commercial deal put in place, so I'm willing to wait.

[minimoke]

The majority of investors will come in and out of a stock, at their own discretion. They may use the advice of posters on here as merely a push in a direction they were always going to go.

When it comes down to it, I'm not happy with the pace in which things have been tracking with this company, however I still believe it is worth holding my position at this stage.

This is in part due to when I got into the stock; maybe if I got in 10 years ago I would have an altered view. It's reasonable to assume at some point they will get a commercial deal put in place, so I'm willing to wait.

Of course everyone is entitled to their own approach. But I really struggle with this Buy and Pray approach. Why wouldn't you sell at some point in the down trend, preserve capital and buy back in when the trend reverses. for every 10% you loose you got to make more just to get back to break even.

There aren't even any dividends to soften the pain

[winner69]

The majority of investors will come in and out of a stock, at their own discretion. They may use the advice of posters on here as merely a push in a direction they were always going to go.

When it comes down to it, I'm not happy with the pace in which things have been tracking with this company, however I still believe it is worth holding my position at this stage.

This is in part due to when I got into the stock; maybe if I got in 10 years ago I would have an altered view. It's reasonable to assume at some point they will get a commercial deal put in place, so I'm willing to wait.

In David’s mind CX... has already been ‘successfully commercialised’

[Balance]

In David’s mind CX... has already been ‘successfully commercialised’

But after 5 years, still in the early stages of commercialization!

Need more $$$$ in other words to fund his overseas travels and salary.

[whatsup]

But after 5 years, still in the early stages of commercialization!

Need more $$$$ in other words to fund his overseas travels and salary.

+ + WOW 1100 PAGES of discussion on PEB and no real income yet, we are a patent lot !