PPK 6.60% 56.5¢ ppk group limited

Ann: CIB announces $30m order, page-128

  1. 11,074 Posts.
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    Old news about the Frigates or new news, either way we have a $30 Mill contract signed, a $9.8 Million contract signed and whatever the Glass and wipers are worth, signed. (Now there are at least 8 new articles floating around the traps about the contract, PPK can't be blamed for rehashing old news?)
    https://hotcopper.com.au/data/attachments/6184/6184835-80429fcc0da367d6552fb840c08e546e.jpg


    We see PPE making records and likley $35 Mill in revenue this year, and at least, (even if you hate everything about the company) $50-100 mill in Shares, LIS, BNNT and WGL.

    The market tells us all that is worth is -60cps. So yeah 60% done since then seems about right for all this positive news. I believe that there is for sure some sort of manipulation going on. But by whom and why? I can only believe it is from within the company, otherwise old mate Glenn would be stumping up more with the cashed up relatives.

    Maybe the judge is planning on giving Flynn the amount of shares he was entitled to at the time? Who knows, not I. But the market is not reflective of the companies worth. That is why I continue to buy, because I do not believe that we will;

    A) go much lower
    B) Stay down here when the seller runs short of shares.

    But I've been wrong since 70c, so what would I know.
 
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