PEB - Pacific Edge Ltd

[Balance]

Mark my post today - markets will be aggressively chasing growth stocks in a rising interest rate environment within 3 months.

Meanwhile, gold looks like it's back to US$800?

[Dentie]

Righto then ....we're off and running...

http://www.nzherald.co.nz/health/new...ectid=10893207

[CJ]

Good to see he's got his cajones out and put his c0ck on the block. We now have two targets to measure their success on

Profit next year
$100m revenue in 5 years

[croesus]

Well how many investors out there, reading that article in the Herald...whilst sipping their lattes, waiting for there flight or train... will think. hmm better grab some, don't want to miss the boat like I did with Diligent and Xero... yep...

there will be a few though thinking.... why the hell did I put that 10 k into MRP, or that money I went and put on Snakk .. damn wish I had it now, 20,000 PEB would be way better then 100.000 SNK..... aaaarghh.

[QOH]

Well that announcement seems to have caused no interest at all. looks like we will have to wait until they
"walk the walk"

[Dentie]

Everything in that report is consistent with what I was expecting. They know what bases they needed to cover and it appears they have (or are doing) that well - including identifying the risks. I like that they are not forgetting to market directly to the end user as they are central to the whole thing and they seem to be keeping both feet on the ground. They still seem to have a bit of dosh to grow - let's hope the sales figures means they don't need any more from us. I like to see any business able stand on its own feet and fund its own way.

I also liked David Darling's aggressive attitude in the Herald this morning.

[Dentie]

Oh well, clearly some don't agree with my interpretation of the annual report - or the Herald's piece this morning.....seem to be hightailing out of the stock, as opposed to holding for the inevitable lift later on. If only I had some more spare dosh...

[Dentie]

That makes sense Moose...but we all knew the sales weren't going to be there for this report.

[Xerof]

Which is why I bought in today, small first tranche

[MAC]

Some traders just go straight to the income statement. All the more bargains to be had for the wise and patient !