Undervalued by the Market

  1. 336 Posts.
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    Does anyone else feel like the market is undervaluing PPE?

    1. It's primarily a health care company providing locum nurses on the eastern seaboard.
    - QLD is pushing hard to increase nursing ratio's, which will inevitably increase demand for services https://twitter.com/qnmuofficial/status/1204548840746967040?fbclid=IwAR35HWp-BRTYPA4yRozgDEjpT45scsELAoeeAuwD9zifEG2dx285Xh2U5S8

    2. Providing support to the Adani Mine is the other big core business for PPE, for which even Labor is rolling out the red carpet for: https://www.theaustralian.com.au/business/mining-energy/anthony-albanese-says-he-welcomes-jobs-adani-coal-mine-would-create/news-story/9cbfb288fb3a3e2b8b96ae3d96173559

    3. The management is excellent, such that Chairman Glen Richards is buying more shares on market at these prices, and describes the management team in superlatives in this podcast. https://flypaperplanes.co/marketing-podcast/glen-richards/

    This is where value is created in investing when the market misprices value. I look forward to a firm re-rating in the coming months.
 
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(20min delay)
Last
74.0¢
Change
-0.005(0.67%)
Mkt cap ! $80.73M
Open High Low Value Volume
73.0¢ 74.0¢ 72.0¢ $55.81K 76.48K

Buyers (Bids)

No. Vol. Price($)
1 650 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 45393 3
View Market Depth
Last trade - 16.15pm 11/09/2025 (20 minute delay) ?
PPE (ASX) Chart
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