It's a pity this company is overlooked by many. It clearly is undervalued considering the most recent sales were at multiples reflecting a lot higher price than what this company is capitalised at.
I suspect many funds won't touch this as there is no medium prospect for dividends income due to the earnout arrangements in place.
If you can go long on this stock you have to be in a better than position than 5 cents a share. No debt, streamlined operation, cost cutting exercise, profitable all seems good to me. I think its a matter of holding on and waiting this one out.
Will be interesting to see what comments accompany the report.
PGA Price at posting:
88.2¢ Sentiment: LT Buy Disclosure: Held
