PEB - Pacific Edge Ltd

[Balance]

Why stop?

Profit takers - got to leave something in for the next person, right?

[haewai]

Why stop?

Because it's now valued at $750m despite only having $3.3m in revenue in H1?

[Greekwatchdog]

Think Forwards, not backwards

[calledone]

Must admit I thought it would take a couple of days but the institutional holders are obviously not supplying stock.

So only one way to go - up.

Next stop - $1.10

1) Like you said, with no supply from institutions the price is clearly being allowed to climb higher maybe with a target in mind. Could this be so that if a takeover is coming they don't want the price to look cheap?

2) Do you think they could be planning on US listing sooner than expected? I know during the annual meeting in August the chair mentioned there were no plans then but he did say they will not rule it out completely either. What are your thoughts?

[Balance]

1) Like you said, with no supply from institutions the price is clearly being allowed to climb higher maybe with a target in mind. Could this be so that if a takeover is coming they don't want the price to look cheap?

2) Do you think they could be planning on US listing sooner than expected? I know during the annual meeting in August the chair mentioned there were no plans then but he did say they will not rule it out completely either. What are your thoughts?

I have really been commenting purely on market dynamics (forget fundamentals for a minute or two!) - which is that PEB is getting plenty of brokers' and institutional attention because it is in the NZX50. Jardens & Forbar have published research - then, there's Craigs, J B Were & Macquarie to follow. There will be no negative research reports as they will all be keen to ride the positivity and upswing - hoping to get the brokerage from dealing in PEB stock and getting the corporate deals.

PEB will be well advised to follow up with positive news and listing on the ASX (and US) is positive. Especially if the listing is done with a placement of shares at a premium to the market price.

Takeover? Possibility but too early imo.

[Balance]

Must admit I thought it would take a couple of days but the institutional holders are obviously not supplying stock.

So only one way to go - up.

Next stop - $1.10

$1.08 .....!

[Alpha]

$1.08 .....!

Dam was just about to say this. Next stop 1.20

Cleared $1 dollar easy as yesterday.

[calledone]

Hope no one buys this out too soon. I think next major resistance will be around $1.2

emm.. didn't think what I mentioned last week would happen this soon! Supply and demand doing it's thing I suppose.

[tomm]

And down she goes.

[jonu]

And down she goes.

And back up she goes. Some really strong analysis happening here!