Wow.... Looks like this can also change churches' preferences towards the company given that they are running on a "faith" sector and possibly trigger the share to crash even further.....?
Happy to no longer have this in my portfolio...... T/A chart has not been looking good this year.
Wow.... Looks like this can also change churches' preferences towards the company given that they are running on a "faith" sector and possibly trigger the share to crash even further.....?
Quarterly reporting gone too..... It's obvious reading between the lines that the "exponential growth" that this company once had is long gone. Now the focus is on "future-proofing" (ie staying alive and relevant)..... Why would you buy this stock now, when you have to wait 5-7 years to get a tiny dividend.
I agree. The revenue growth looks good, but there are definite warning signs in the continual fudging of ACMR, lack of quarterly sales reporting, slowing of the key church growth stats, withdrawal of the NYSE listing goal etc. etc.
As I've said before the T/A is not looking good, so IMHO time to move on to better stocks. DYOR and GLH.
Jeez — PPH closed down 7% in Aust equivalent to 310
Could be an interesting open on NZX tomorrow
Not enough hype to keep the merry go round going round ....share price heading to sub 250 I reckon ...possibly sub 200
Today’s price still values PPH at 10 times forecast net sales ....a bit outrageous.
Even though pph is evolving from a growth company to a ‘mature’ profitable company it still not profitable so need to apply a more realistic price/sales multiple ....say 5, jeez that’s 160 odd.
Last edited by winner69; 14-11-2018 at 07:59 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Jeez — PPH closed down 7% in Aust equivalent to 310
Could be an interesting open on NZX tomorrow
Not enough hype to keep the merry go round going round ....share price heading to sub 250 I reckon ...possibly sub 200
Today’s price still values PPH at 10 times forecast net sales ....a bit outrageous.
Even though pph is evolving from a growth company to a ‘mature’ profitable company it still not profitable so need to apply a more realistic price/sales multiple ....say 5, jeez that’s 160 odd.
Interesting when a darling falls out of favour, looks like this whole years sideways thing has turned into a rotten downtrend. Best to zoom out to a weekly or monthly view for perspective. I reckon you should run those spooky fibs over your numbers and reconcile that 5x multiple possibility as a 100% retrace from the boost July 2017. Where are those supports in between? Rhetorical question, dyodd.
Originally Posted by pg0220
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