ASB Securities running very slooooowww today... wonder if PEB is contributing to the hammering it must be taking currently heh
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ASB Securities running very slooooowww today... wonder if PEB is contributing to the hammering it must be taking currently heh
This is very much being controlled by the big boys right now I'd say. There are large buyers and large sellers both trying to get the best price.
You mean no regrets right moosie? From memory Didn't you exit just before announcements on friday at 70c? I was so close too doing it as well.
You should have just bought and held - let winners run!
Mind sharing what this other stock is ?
Try harder I want to buy more lol
I reckon there are just too many profit focused traders for now. A little more research by the masses and this will look cheap.
I couldn’t disagree more.
Growth stocks are typically undervalued between capital raising and commercialisation, this is due to the market conservatively and appropriately making an allowance for risk. As time goes by the company incrementally sheds risk and the SP will rise toward fundamental de-risked valuations.
PEB has shed an enormous amount of risk in the last six months and what we are seeing is a step response in the share price as traders had capped the SP at 0.61c for all of that time.
At 0.78c PEB is still well undervalued, provided PEB remain on track against their US$100M target, this is just the beginning of a multi year trend.
Not at all.
As you and I and the market are aware, we should not expect more than a handful of US sales at HY14, as there was only a three month sales contribution from 1st July through to the end of the reporting period at September's end, and we all know sales staff were in training, learning about the technology and making new industry relationships.
I would be really impressed, as I've said before, with 200 US sales, in this period.
It's the forward growth that is important from this point. I was very pleased with David Darlings comments over the weekend stating that PEB should achieve profitability in 2014, his previous advice at the time of the AGM was 2015.
This led me to update my models, I now value PEB at FY14 $1.40 up from $1.25 as I had in May.