Current move upwards in SP leading up to a results announcement is typical with this company. I do expect continuing high growth rates but previous history suggests that the SP may decline post announcement of results. It is hard to understand how 100% increase in revenue determines a 30% decrease in SP, as happened last time. Based on past performance, the same level of revenue gain will not surprise and if the 60% margin is maintained then we have a pretty high growth company on our hands. Hopefully, we have cashflow breakeven or better this time.
PPH Price at posting:
$3.61 Sentiment: Hold Disclosure: Held