PNV 1.31% $2.26 polynovo limited

Fair analysis. Bottom line is: Do you think the company can grow...

  1. 5,259 Posts.
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    Fair analysis. Bottom line is: Do you think the company can grow sales as fast as they say they can.
    I do, because the company has positioned itself to do so. It has made the necessary investments is capital plant and key personnel in a timely manner. It has done so without a cap raise it decided it didn’t need. There is not much point to discussing the timing of an unnecessary cap raise, is there?
    On the other hand, if the sales aren’t there to be made, then I have to ask, why invest in this company at all? And what would be the purpose of a cap raise then?
    I accept that others may have views that differ from mine. I find value in open and frank discussion. But so far since the half year results were announced, and since the conference call, I have read nothing that calls into serious question the path that management have chosen. Frankly, it seems a bit tendentious at times, but when the discussion centers around how fast sales and revenues will grow over the next 48 to 60 months, I’ll take that any day over the kind of questions we grappled with even as recently as a few years ago, when we had NO sales and no revenues, and a similar valuation.
    Last edited by jevalent: 28/02/22
 
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