What are the odds of PPH ever making a profit before the $ers run out ?
They have breeched their promise before about being cash flow break even by Q4 2017 and now whether people "buy" their excuses or not they have repeatedly said they had the intention of listing on the Nasdaq in 2018 and now they aren't. Can you trust what they're now saying about the future or too put it more plainly as Percy does, is this a company that consistently does what it says its going to do ?
Last edited by Beagle; 19-06-2018 at 01:49 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Interesting - broker asked me this morning if I wanted to bid for stock. I asked what's their view and the reply was 'all care and no responsibility - we have no view!'.
Craigs opening it up for other brokers to bid may indicate that institutions are not as keen as they thought?
Maybe I will hear from ASB Securities shortly, asking me if I want to top up "cheap"
Thats the advantage of doing it on my own through ANZ - no broker calls!
Craigs must have had a good idea of likely demand before taking up the underwriting - but maybe this Nasdaq has spooked people given it was essentially only the other day they were saying it was still on the plans.
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Originally Posted by whatsup
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