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PEB

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3.23%

9.0¢ pacific edge limited ordinary shares

zdog13, I agree with you entirely. I think realistically this...

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Rochem

766 Posts.

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30/05/21

19:33

Post #: 53520768
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Originally posted by zdog13: ↑

I have always seen the potential. The addressable market is huge.

My concern is we have huge costs and management pushed ahead with extras despite COVID impacts.

If we don’t increase the TLT numbers but don’t reduce the costs we are burning $2M a month.

Couple this with the fact that they don’t update numbers - it’s impossible to see a CR coming. I do see this company as another Xero - huge addressable market, however I see that the barriers to entry for PEB competition is significantly higher.

I’m not seeing traction at present.

We were told they were discussing with other major hospitals, similarly Singapore and Aussie really need to convert in the first half of the year IMO otherwise it will be a long slow burn, with lots of cash needed

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zdog13, I agree with you entirely. I think realistically this will be another Xero but it will be a slow burn.
I wouldn’t be expecting any significant news regarding Singapore, Asia etc for a good while yet.
KP uptake is the big one requiring news in the short to medium term IMO.

It is now looking like this will be a slow burn but I believe it is a solid stock to hold.

Price at posting: $1.16 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.0¢		Change -0.003(3.23%)		Mkt cap ! n/a

Open	High	Low	Value	Volume
9.3¢	9.4¢	8.9¢	$14.34K	158.7K

Buyers (Bids)

No.	Vol.	Price($)
0	26206	8.9¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	26953	0

Last trade - 13.00pm 10/05/2024 (20 minute delay)

PEB (NZSX) Chart