Well said garfy!
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Well, one would anticipate that the brokers have generally better access to PEB and specific data.
Fundamental valuations are based on forward cashflows, and even a quick DCF, not hard to do, provides a very rosy outlook for PEB indeed and valuations well above present trading price.
Absolutely agree that after two years of good work by PEB thus far, technical folk and management, it should be satisfying for all to see that first step up in sales. Yes, patience for a couple of months will be rewarded.
They might be at $0.53 but Direct Broking are asking $0.57 to buy in at. They obviously agree the price is too low at $0.53 :)
Yes Hancocks Looks like their progressing with getting the message out. but I do think the timing of these events suggests that USA sales data will not be as strong as some people would like come the next reporting season. They are a company in their infancy in USA and we should (not that the market will) allow them time to learn to crawl before learning how to breast the tape with the Bolt.
Yes. i'm aware that user programmes have been active in the USA fro some time in some instances. Obviously the market will react to sales no matter what the next reports says. i'm holding at the moment but wouldn't actually mind if sales were slow at the moment given i'd like to get some shares at a discount to the current sp. Here's hoping their doing well though, I'm confident they will be a success story.
Market's anticipate what has been planned and what has been announced, and PEB are exactly on schedule with their US commercialisation plan and roll out,
We should thus anticipate sure and steady but very gradual roll out of sales as intended, for a three month duration within the HY14 reporting period, noting also that we know the sales staff are in training.
I would be very impressed if they achieve 200 hundred sales in that duration, but I know that is a very optimistic expectation.