Pearl Street Holdings Plc is currently a cash shell that floated on AIM Index 879 (Other Financial) on 8th October 04 @ 5p per share.



This is another company float that is rumoured on the grapevine where it seems PSH has agreed and signed a deal to a Reverse Merger with a well known large Private Ltd company (name cannot be given out yet by PSH due to stock market rules) and with a Market Cap in triple digit millions. The rumour has it speculated that given the size of company following the reverse merger and once the RNS announcement is made, due in approx 4 - 5wks time so I believe, the SP is expected to leap to +40p per share within about 4 - 6 wks before profit taking and for retail and instutional investors to become aware when there will be the expected flood to buy in and the SP to surge to +100p per share.

Not having much knowledge in Cash Shell Plc's or Reverse Mergers, whether there is any truth in the rumour/speculation or not is yet to be known and as we all are aware with the risk in investing in any type of speculative float, there can realisticly only ever be money that investors are prepared to loose when buying such shares. At the same time it is normally expected that the bid/offer spread MM's would make on speculative small-cap AIM stock is +15%.

However, since floating the SP for PSH has increased 20% to 6p per share with the MM's bid/offer spread at an acceptable risk level @ 8.333% for a marketable companies share. Therefore, perhaps there maybe some truth in the rumour, after all the MM's are the one's who have the inside info and what they are in the know about tends to reflect in the bid/offer spread.

One that's on my radar and worth creating a discussion thread on!

realistic,

Well the price remained static today.

There were only TWO trades, a 10,000 sell, and a 100,000 sell.

Parker Rowe were trying to "recommend" (er pursuade me) to purchase 100,000 shares, so the 100,000 sell today may well have been one of their customers.

If so, that's a 2,600 loss!

I have heard that if you try and sell, they try and pursuade you to stay in, and it can become a battle of wits. I don't know if that's true, but I would recommend anyone to be VERY insistent if they are reluctant to sell, to the point of demanding to speak to the compliance officer!


I would recommend everyone that hasn't already seen it, buy or rent a copy of "The Boiler Room", an excellent and entertaining movie IMHO.

Is it true that Parker Rowe pushed Techcreation headed by Stephen Dean on behalf of Griffin PLC who are also headed by Stephen Dean ?

Legins knows.

Dil, I don't know if Parker Rowe pushed Techcreation but this was floated as Orientrose 2 and has since changed company name. You can check this out yourself by reading through past RNS & AFX news articles & notices.

Anyhow, it would be more sensible I think if the subject of Parker Rowe has its own thread, as this thread, has been created for Pearl Street Holdings and the +ve or -ve commentary about them.

If you have been following this company, your comments regarding the Health Group / YourHealth Plus products, which have an interesting slant, in that the funds which a company normally sets aside in healthcare insurance premiums are a cost on their Profit & Loss accounts and do not get refunded premiums if there hasn't been a claim. Where as, it seems the corporate YourHealth Plus product funded with money a company sets aside for employee healthcare services but with no claim the fund remains an asset of the company and recorded on their balance sheet.

I should think companies HR & financial directors will be very interested in the benefits.

Well the answer is yes they did push it as Orientrose and they only seem to peddle rubbish picked up on the cheap by Griffin PLC in placements which they then try to knock out to mug punters these being one example along with Tower PLC I believe.

As far as Stephen Dean being a "guru" ... your having a laff.

Alternative to Private Medical Insurance Set to Turn Industry on its Head

Thats seven weeks old.

What does the chart tell you Legins ?

Another Parker Rowe disaster.

Just like any other Dil so whats new on the subject? Whilst you are commenting and following the thread, what are your thoughts of The Health Group and YourHealth Plus? I've been looking at the figures of the YourHealth+ Corporate health care product, seems to look very good? Check this link out The Health Fund Comparison with PMI

Looks too good to be true. How many they got signed up ?

Don't know at the moment as its not long ago the product was launched on the market in late Nov / early Dec. I believe they are marketing the product through brokers and the commision structures looks like it will motivate them to sell the product as you will see from the following link a href="http://www.yourhealthplus.co.uk/mediaroom/pdf/FINAL%20-%20Broker%2030%2011%2004.pdf" target="_blank">Press release for Brokers.

Also in my earlier post 28 I included the link to The Health Fund Comparison with PMI that is based on a Low Claims level here are the links for tables showing the comparisons for moderate claim & high claim levels ;-

The Health Fund Comparison with PMI Scenario 1 - Low Claims
The Health Fund Comparison with PMI Scenario 2 - Moderate Claims
The Health Fund Comparison with PMI Scenario 3 - High Claims

Some great warning about boiler room operations here, all new investors read and inwardly digest!!!

their sole aim is to part you from your hard earned cash!!!


Griffin are now pushing INB, (INTERVAL INVESTMENTS), so you may be receiving a call from Parker Rowe sometime soon!!!

tell em to b**ger off!!!

cheers

Dil, Aim,

I see Pearl Street Holdings are down again today, now 2p to sell.

So the 5,000 "investment" recommended by the high pressure salesman,
(er "broker"!) is now worth 2,000!


Aim,

"tell em to b**ger off!!!"

I may not be so polite next time they ring!

Price now 1.5p BID!

So if I had purchased the 5,000 the "broker" (LOL!) "advised", I would now have 1,5000 left, or to put it another way, a loss of 3,500!

Absolute disgrace that this is allowed IMHO.

Pile of shite and the last time they rang my mate they put the phone down on him after 30 seconds after he pointed out what a pile of shite they were.

Where's Legins ....... ??????

Parker Rowe disaster , do you work for them Legins ?

Dil, do you like sex & travel - see you next tuesday!

Legins,

Interbulk, one of the latest Parker Rowe "analysts" selections, apparently, now on the slide too I see!

Andy,

Thanks fo letting me know about Interbulk. I have not been aware of them before as Parker Rowe is unlikely to ever have contacted me due to the fact that they know they would only get short shift from me. I dislike intensly high pressure cold calling salesmen and their unauthorised and unregulated practices.

For those who have sucumbed to this and have invested in the highly speculative cash shell Plc's like PSH & TWR I feel that your message has now driven it home hard enough for them to understand what the potential hazzards have been of loosing their cash. Ultimately, this has been a decision of their own choice! So now can you move on and as you feel so passionately about it, either create a separate thread on the subject of Parker Rowe or, for the sake of investors who are now nursing a paper loss in PSH, focus your +ve or -ve comments on the direction in which the company is heading and in the high margin niche health services markets of The Health Group and their YourHealth+ products. I'm sure that this is what the majority of investors will want to know about. Parker Rowe fiasco is old hat and has no bearing on the share price of PSH.