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Pryme BV (PRYME)

Oslo
Currency in NOK
Disclaimer
9.78
-0.02(-0.20%)
Closed

PRYME Comments

This will move up very soon
Get ready! Plant one will deliver first oil within 2 weeks. I see 20+ in january
Buy ar 15/16/17 sell at 22 in a couple of weeks
Circular P paid kr 11 per share for 13 mill new shares👍🏼.
Nice move today caused by buy rating by Nordea, target kr 31
Terrible market lately that affects most stocks. Pryme has atm a mcap of 296 mnok (stock 8.98nkr). They have 150mnok in cash and a soon to be finished plant in Rotterdam. They just renewed their supply contract with Shell. As of now the plant and the Shell contract is priced at 146mnok (cash deducted)! Why is mcap this low? When Rotterdam plant is running 100%, stock will be worth at least 2-3x current value 20-30 nkr. Pryme is priced at less than 1/6 of Quantafuel.
Pryme N.V. - New supply contract with ShellNew supply contract with Shell Rotterdam, 17 August 2022 Pryme today has entered into a new contract regarding the supply of pyrolysis oil to Shell. The new contract effectively replaces the old supply contract from 2021. The volumes to be supplied reflect an increase to the previous contract, whilst market-based pricing secures attractive economics for both parties.NewsWeb (oslobors.no)
Kom så med nogle gode nyheder
Vi må ha tålmodighet!😜
Ja ved det godt syntes bare det er længe siden sidst😀😀😀
Hvornår kommer der nogle gode nyheder 😀
Hopefully soon…
2,5 mill subsequent offering shares will be available at the end if this month. Buy after shares are released.
Subsequent offering shares were released yesterday.
Target 2022 nkr30 - 2023 nkr60
Now is the best time to buy in for the next 6-12 months. (Nkr 10+) Mcap at 1/8 of Qfuel! Nkr 50-60 during 2023.
Wait til after 2nd of May - then buy at maximum discount
Why do you think so 😀
15 000 000 new shares on monday. 5m will be shares without lock up and expect some of them to be sold and price will imo go down to +/- nkr 10. Buy close to 10. I will;-)
Stocks are released tomorrow May 4th. Expect cheap stocks
Nordea target from today: kr 85 (6,5 X current value)
Priced at 6% of Qfuel… Huge upside potential
Exciting week ahead for Pryme B.V. Priced at P/B 1,00. Valuation equals only it’s equity… Plant One in Rotterdam Q2 this year.
Thanks to user Thriller who posted this email from Executive Director Boudewijn yesterday.Dear xxxx, Thank you for your message. Pryme will give a comprehensive update next week. I will make sure some more color is given on the technical process as per your suggestion. Pryme has a cost efficient and scalable technology, based on 80 years of proven german reactor technology, and the process is best compared to Plastic Energy (but at larger scale). Pryme also concentrates on pure conversion of plastic to crude pyrolysis oil and leaves all further upgrading to the big oil companies (unlike Quantafuel for example) As you are aware we have the strategic collaboration with Shell, who subscribe to the technology and its scaling potential. I am of course aware of the sharepirice, and my short answer is: however uncomfortable when invested, it will sort itself out. If you see that Plastic Energy raised about EUR 150 million in growth capital a couple of months ago, that puts current valuation of Pryme (EUR 30 mio) in sharp contrast. With regards to the updates and general IR, we understand that this is where we can improve. It has been a choice of where to put our limited resources as a young company. However, in the long run it is all about fundamentals, which are sound with an enourmous potential in my opinion. I hope this answers your immediate questions, and I look forward to keeping in touch. Regards, Boudewijn Boudewijn van Vliet Executive Director Pryme BV
Sad story. Skive factory closed until at least mid March. Who knows when or even if Qfuels tech will be poc’ed…I bought Pryme B.V. at nkr 22. totally undervalued compared to Qfuel and others. Low P/B 1,19 and mcap nkr 330 mill. 40000/60000 tonn factory opens in Rotterdam harbour in Q2 this year.Probably the stock with the biggest upside potential within the shortest time period I’ve ever seen. Trading at all time low now at nkr 21. Seriously you do not get many opportunities like this. https://pryme-cleantech.com/
Did I forget to mention Pryme’s agreement wth Shell… Pryme to begin supply of pyrolysis oil to Shell in 2022.https://www.shell.com/business-customers/chemicals/media-releases/2021-media-releases/shell-and-pryme-sign-cooperation-agreement.html
This company is priced at 1/8 compared to other comparable companies like Quantafuel or Agilyx. In October 2021 they announced a strategic cooperation agreement with Shell. https://newsweb.oslobors.no/message/543835The first Pryme plant in Rotterdam is under construction and scheduled to start commissioning in Q2 2022. https://pryme-cleantech.com/roll-out-strategyTechnically the stock is trading at very low levels and I expect 20-22 nkr to be bottom. The upside target this year could be as high as 5X current value - 100 nkr. https://invst.ly/xcatb
Pryme P/B 1,19 (MCap 330 mill kr)Quantafuel P/B 2,41 (2,7 milliarder)Agilyx P/B 9,18 (2,4 milliarder)
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