i commented on this a few mths ago in another PLT discussion thread , i think PLT is soild company , but i think the biggest problem will be the market will treat these small loan companies with the same PE as bank stks , IE: 12 P/E, so to justify current mkt cap , we need $10 mill NPAT, and to get back any where close to IPO price we need to double that to $ 20 mill
of course , i only have come to this conclusion 6 mths after buying the stk, so I'm in the shit bascially
PLT Price at posting:
68.5¢ Sentiment: Hold Disclosure: Held
