PEB - Pacific Edge Ltd

[Balance]

The one caution I would sound to anyone contemplating selling out and buying back lower is this - PEB today reminds me of 6/7 years ago when its sp is very prone to spike much higher on any positive news.

There should be a reasonable pipeline of potential deals (eg. John Hopkins) that the company had been working on in the last few years - any announcement will tend to accentuate the positive momentum PEB is riding with.

Accentuating the positive - that's the phase of SP action that PEB is in.

Anyone thinking of selling out and buying back lower are going to find it rather frustrating with these big gap up in the share prices on positive developments.

There is an obvious one which will be PEB's re-entry back into NZX50 index?

[jonu]

Accentuating the positive - that's the phase of SP action that PEB is in.

Anyone thinking of selling out and buying back lower are going to find it rather frustrating with these big gap up in the share prices on positive developments.

There is an obvious one which will be PEB's re-entry back into NZX50 index?

Excuse my ignorance, but what M/cap or volume turnover will trigger that? Timeframe for when these things are assessed?

[stoploss]

Excuse my ignorance, but what M/cap or volume turnover will trigger that? Timeframe for when these things are assessed?

I think you have to be 10 % bigger than the smallest constituent for a period of 6 months .... Something like this its a vague memory I have.

[baaantom]

Trading economics tells me they are already part of the NZX50 https://tradingeconomics.com/new-zealand/stock-market.

[tango]

Same here Tango. Bought a really big block @ 54/55c on the 20th. Tickled pink to have lined up the research and the news in such an timely manner. Hold on for the ride

I was impatient. I could have bought at 55c but ended up buying at 60c. Still a good buy and am excited about the ANZ investment as a sign of good things to come.

[Balance]

Trading economics tells me they are already part of the NZX50 https://tradingeconomics.com/new-zealand/stock-market.

https://www.investing.com/indices/nzx-50-components

Incorrect as PEB was taken out of the index a few years ago after its market cap dropped drastically.

[Balance]

Excuse my ignorance, but what M/cap or volume turnover will trigger that? Timeframe for when these things are assessed?

From banter a while ago but still applicable :

S&P took this over in June 2015
Details of their methods:
http://www.spindices.com/indices/equity/sp-nzx-50-index

Rough and partial summary:
Free float
Any escrowed shares or holdings over 20% are excluded.
Holdings of 5-20% are treated case-by-case with founder and 'insider' shareholdings usually excluded.

Dual listed shares - free float is adjusted by multiplying by the % of turnover that is from NZ
Overseas listed shares - free float is adjusted by the % of shares listed in NZ

Calculation of MCAP for NZ50 purposes
= free float * average share price over the past 6 months

Change timetable
Changes are effective from third Friday of Mar Jun Sep Dec;
Announced Friday before changed;
Reference date last day of month prior.

Buffer zone - positions 45-55
To bust in, a share must be ranked 44 or above
To be kicked out, it must rank 56 or lower

As it happens there's a big gap between #44 and 45 so it's hard to break in.

Danger zone copied below - free float MCAP for current share price and average past 6 months shown.

Looks like KMD will go next review, and OGC in.
I'm not sure how KMD survived the last review - I've made an assumption that they are overseas listed, not dual listed, and have guessed their NZ shares by comparing volume traded on NZX and ASX.
Come June next year - possibly MPG out and ARV (whose share come out of escrow) or others could come in.

Figures likely to contain errors and omissions - pls let me know if you see any. They did predict PEB out / NZR in last time.
Haven't included the new insurance company listing as the free float last I checked was low.

Shares in red are not in the index.
Attachment 7670

[nevchev]

Will it retrace from here or slowly climb as we get closer to ASM?Would like more of these just not sure if i should risk a wait and see approach.As has already been stated,news could come thick and fast at anytime.

[jonu]

Thanks Balance

[Leftfield]

On wards and upwards from here on out with a fully funded company ready to tackle every US opportunity now, IMO we will not see the mid 50's cent share price again not forgetting that we will be having a very interesting AGM early Aug.

Just catching up with today's news and must say I'm impressed. Great vote of confidence in the company, and those wanting an entry point should seriously consider today's SP levels.

More good news to come and higher SP now v much on the cards.

Disc - holding and happy.