Who celebrated the milestone?
Is that really 1003 pages and 15031 posts on this thread?
This must be the most vibrant thread in all of ST!
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Who celebrated the milestone?
Is that really 1003 pages and 15031 posts on this thread?
This must be the most vibrant thread in all of ST!
23 Nov 2013 : Sp then was $1.29, it went as high as $1.75 in 2014 - after the very bullish comments by the company, especially the Chairman's 'tens of thousands of tests' pre Christmas 2013 interview with ODT.
You will note from the discussions around that time that I, Balance, was one of the posters who did not share the views of the doomers and gloomers.
http://www.sharetrader.co.nz/showthr...ht=#post444180
So what has changed?
Well, for starters PEB has not met any of the bullish milestones, projections and cashflow comments - in fact, the company has steered clear of providing any follow up data. Instead, it shocked the market with a capital raising in 2015 after telling the market its previous rights issue would carry it through to profitability and positive cashflow.
Any wonder then why the sp is off 76% since the heady days of 2014?
You can try HBL, TIL, THL, SCL to name 4.
Reason why I bother with the thread? Read post #15037 above. Holding PEB to account is imo an essential part of balancing the incessant bullish comments by the company and believers, when the company has not been prepared to front up when there have been delays, costs over-runs and negative news.
Read through this thread and you will read that I accurately predicted their last capital raising, allowing those who followed my assessment to avoid further losses when the rights issue was indeed announced. Call it public service and sharing ideas.
I thought this is part of what ST is about?
Or is it just for those who want nothing but hot air to be blown up the proverbial of the company and its management?
Balance's positive comments on threads such as HBL.TIL and SCL have made a great deal of money for those of us who have followed his advice.
And his negative posts on this thread,NZO,PRC and the many "backdoor" listings, have saved us losing it.!
A savvy investor we can all learn from.