PEB - Pacific Edge Ltd

[Balance]

If Raffles Diagnostica Pte Ltd have invested resources in commercial negotiation for a product they have no intention of actually buying, they have clearly been "got at" by those pesky underwriters!

Pesky?

They are the best thing to have happened to PEB and PEB share traders!

So predictable and therefore, so easy to make $$$ off.

[Balance]

Not a lot of their revenues actually fruit any cash...

This could be another lot of revenues flowing right through to that receivables pile in the corner.

	FY15	FY16	FY17	1H18
PRODUCT REVENUE	1,899	4,976	8,062	4,225
RECEIPTS FROM CUSTOMERS + GRANTS	1,184	3,648	4,616	1,880
- GRANT REVENUE	-1,110	-1,281	-1,105	-538
RECEIVABLES	2,584	5,730	6,519	8,027
BAD DEBTS	xx	xx	-2,635	-674
DOUBTFUL DEBTS	xx	xx	-613	-752

When this was highlighted 2 years ago as a major issue, the apologists on this thread were adamant that it was simply the way the business worked!

Until the write-offs .....

Too late.

[davflaws]

Pesky?

They are the best thing to have happened to PEB and PEB share traders!

So predictable and therefore, so easy to make $$$ off.

Now I am really confused. I was under the impression that you had not held or traded PEB for some years.

[When the bass drops]

Balance puts a lot of focus on PEB for one who doesn't hold the stock - but we still love him.

[Balance]

Now I am really confused. I was under the impression that you had not held or traded PEB for some years.

And you are right.

This company's directors are shameless manipulators of the company's prospects and THEY WILL BE HELD TO ACCOUNT for their :

1. 'Several tens of thousands of tests' comment after which some directors sold shares',

2. 'No more capital raising required as amount raised will take company to profitability',

Etc Etc Etc

Now just watch as the selling approaches the 'volume' bids sitting at under 40c - notice how they mysteriously move lower and then, disappear altogether?

[blackcap]

And you are right.

Now just watch as the selling approaches the 'volume' bids sitting at under 40c - notice how they mysteriously move lower and then, disappear altogether?

Now a biggish bidder at 38.5c, but to be fair the "system" seems to be working less effectively as time goes on, not that many shares traded yesterday and even less today. Maybe the punters are less sucked in?

[Balance]

Now a biggish bidder at 38.5c, but to be fair the "system" seems to be working less effectively as time goes on, not that many shares traded yesterday and even less today. Maybe the punters are less sucked in?

There were a few more a few days ago and they have already disappeared?

[BigBob]

Well, someone must have wanted a few million at 40c but it's probably just the underwriters selling to each other....

[Minerbarejet]

Well, someone must have wanted a few million at 40c but it's probably just the underwriters selling to each other....

Guess we will see with a SST or two before long.
Looks impressive though doesnt it.

[When the bass drops]

The horror story continues... our thoughts and prayers are with PEB shareholders at this time. https://www.nzx.com/announcements/313839