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orionwoo

5,993 Posts.

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08/06/16

09:48

Post #: 17980112
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Originally posted by orionwoo ↑

Agree.

I have written them an email re the recent shareholders updates. Hopefully I can get an answer from them shortly.

I think their business model is fine [at least in much better shape than many other spec stocks which only fancy their future currently] however their communication to the market is getting worse nowadays. Their recent cash receipts of $94k has been a constant thing in the last couple of quarters however the new bookings / revenue are growing steadily indeed [except for the recent quarter].

I think the market 's punishment to 1PG is overdone. Hopefully 1PG could soon release news of not only strengthening the board but also shareholder's confidence.

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Well, I'm surprised to receive such a prompt response from 1PG's CFO.

I have highlighted the most important message IMO. Looks great for a turnaround from here to me. Next quarter has to be better than the one just past

Good luck holders

1PG Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
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