I thought I should post; since I have being; to state that I sold a bit today.
Still like PEB. I've just done a bit of re-balancing, given the oil price (what?)
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I thought I should post; since I have being; to state that I sold a bit today.
Still like PEB. I've just done a bit of re-balancing, given the oil price (what?)
For those that cant hear too well.
http://www.pacificedgedx.com/assets/...Transcript.pdf
The whole market is not hearing PEB to well ATM (even though the NZX is forging ahead)
Im not speaking for others ,but I found that In my case i was getting ''to close'' and missing the overall picture.
When this other company was brought to my attention and I compared,it helped clarify the picture.
Ill elaborate a bit just to show where Im coming from
It has the same Market cap as PEB,yet has 20Mil in revenue and growing fast--a global best practice product-supurb distribution partners(which has always been my biggest complaint with PEB--not going in with a known partner to distribute)
And a 60%recurring revenue stream,independant of equipment sales(They sell medical equipment) They have just expanded to a number of European countries-- Its NAN on the OZ market (currently @112)
Now every share carries risk and PEB is an interesting share(with a fun,facebook style thread)but for me comparing the 2 made it clear where I was going at this stage.(I could always go pear shaped and then Id probably get fleeced to within an inch of my life:)
Rather than down ramping Im just presenting something to compare too---It was an ''either or''situation for me.
Best of Luck--(we all want PEB to succeed in the end--Its will (would) be good for NZ)It just may take awhile
Disc.--I didnt root this out myself -It was brought to my attention
Crumbs, all you TA’s sound a bit like a bunch of kids on the way to an xmas pennant, sorry I mean pageant, but then who knows what shiny new thing will arrive for xmas, Pacific Edge might even flag something ?