Major lurking
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op...seriously...give it a rest...
There are 2 likely outcomes here:
1. You see some money.
2. You don't.
No amount of incessant questioning will alter the final result.
Patience is a virtue...which you don't seem to possess...
I have a boatload of shares in this POS...back from my younger and stupid days of investing...but certainly realize that either outcome 1 or 2 will definitely occur. And I'm fine either way. End of story.
Insiders seem to be converting a lot of B's into A's...another Form 4 filed today...interesting...
Happy Thanksgiving!
You see the Form 4 that was just filed?
https://ir.p10industries.com/node/16446/html
Guy is an officer of the company but I'm not sure what the filing indicates. I think it means that he converted 300K of class B shares into class A...but not positive.
If that's correct it begs the question of why, since B's have 10X the voting power...unless he's getting ready to sell them...
Can't hold any gains...discouraging...
Dallas, Texas – November 10, 2022 – P10, Inc. (NYSE: PX), a leading private markets solutions provider, today reported financial results for the third quarter ended September 30, 2022.
Third Quarter 2022 Financial Highlights:
•
Fee Paying Assets Under Management: $19 billion, a 17% increase year-over-year.
•
Revenue: $50 million, a 31% increase year-over-year.
•
GAAP Net Income: $5.6 million, a 38% increase year-over-year.
•
Adjusted EBITDA: $27.8 million, a 28% increase year-over-year.
•
Adjusted Net Income (ANI): $25.1 million, a 56% increase year-over-year.
•
Fully diluted GAAP EPS: $.05, a 23% increase year-over-year.
•
Fully diluted ANI per share: $.21, a 41% increase year-over-year.
Declaration of Dividend:
The Board of Directors of the Company has declared a quarterly cash dividend of $.03 per share of Class A and Class B common stock, payable on December 20, 2022, to the holders of record as of the close of business on November 30, 2022.
Robert Alpert, Chairman and Co-CEO, and Co-CEO Clark Webb said, “P10 continues to deliver double-digit organic growth. With best-in-class strategies that have long track records of investing through various market conditions, we remain confident in our ability to deliver attractive returns for clients and public shareholders.”
And down over 45% from the OTC high prior to the uplist...
New 52 week lows heading into earnings tomorrow morning. Not pretty.
It's down about 20% from the IPO price of 12.
This is hilarious...good for Pepperell!
I’m Eddie f***ing Pepperell. pic.twitter.com/JtA2wlWHqP
— Eddie Pepperell (@PepperellEddie) August 16, 2022
I wish they'd rethink the FedEx final tournament process. Giving someone a 10 stroke lead over players at the bottom just seems wrong to me. You've got the best 30 from the season...let them play head-to-head. Best man wins!
P10 Announces Agreement to Acquire Western Technology Investment, Market Leader in Venture Debt
https://ir.p10industries.com/news-releases/news-release-details/p10-announces-agreement-acquire-western-technology-investment
Wow...that's not only wrong but it's kind of petty...
It's covered under Rule 14-3 and there was a specific decision made by the USGA:
14-3/4 Use of Compass During Round
Q. A player uses a compass during a stipulated round to help determine the direction of the wind or the direction of the grain in the greens. Is the player in breach of Rule 14-3?
A. No. A compass only provides directional information and does not gauge or measure variable conditions or assist the player in his play.
Directional compasses are indeed legal on tour. You cannot use a drawing compass however. Dechambeau got in trouble for that back in 2018...
https://www.reuters.com/article/us-golf-pga-dechambeau/u-s-golf-association-rules-dechambeau-cant-use-compass-idUSKBN1JW2RG
It is. They did a .7:1 split last October when they uplisted. But...the closing price on the last trading day as PIOE was around $11. That should have equated to $15.70 post-split. But they did an offering at $12 and converted all the old PIOE shares to Class B so they weren't tradable. Had to call the brokerage to get them converted to Class A. Stock is actually lower after uplisting. Would have been much better off to sell all my shares on the last day of PIOE trading...
Weirdest uplist I've ever seen...
I don't think that's correct...you left off 5 of my players...
Apparently not much. May close in the 12's today...
Lol...good point!
You still got 5 years more patience than me! lol
I guess patience is relative! Bought my first tranche in January of 2017...10k shares at 23 cents..lol.
And then averaged up.
Yeah...8 months ago! And then promptly went down to 10.50....
Don't know if I have that much patience!
Sold 10% of my holdings at 13.25
Interesting trading today...spiked at open 13.10 then dropped to 12.50...and back up to 13.30 now!
Cantlay, Cam Young, Fitzpatrick, Hovland, D Riley, J Kim, Theegala, Henley, Pereira, Munoz...
Tiebreaker - 6,971
Fitzpatrick, Fleetwood, Lowry, McIlroy, Cam Smith - 279
Thanks!
I was wondering who Dauten was...nice find.
That is weird...Keystone dumped all their share and the company's founder bought them???
But they couldn't sell the B shares...must have converted them I'd guess...
Be interesting to see the share structure when the next quarterly report comes out...
That may have been the selling that drove the price down. I think they had around 9 million shares...
Yeah...a bit disappointing that it's so far under the offer price...and significantly lower then the last day it traded on the OTC. Had high hopes for the uplisting but it was a bust...
Better today...closed at 11.26...
And time marches on...
Lowry, Burns, Zalatoris, Morikawa, Thomas - 276
Scheffler, Spieth, Schauffele, D Johnson, J Thomas - 264
Thanks Eli!
So $20 per share tomorrow??? lolol
Some interesting stuff in the 8-k...
Good financial quarter (on first glance anyway)...
$.03 per share dividend...
Stock buyback...
Interesting to see what tomorrow brings...
http://ir.p10industries.com/node/16201/html
Added some at 11.39...don't know why...
Q1 Earnings May 12 after market close...
http://ir.p10industries.com/news-releases/news-release-details/p10-schedules-first-quarter-2022-earnings-release-thursday-may
LOL! Like the gf analogy!
Thomas, Schauffele, Ancer, Cam Smith, Cantlay - 273
Thanks!
That must be the same front that blew through north Alabama last night. Was 74 yesterday afternoon. Woke up to 2 inches of snow and a windchill of 18 this morning!!!
Is it too late to drop one of my players and replace them with Mother Nature? Looks like she's going to dominate the tournament...
Rahm, Spieth, Theegala, Ancer, Finau - 274
Thanks Eli!