Interesting market response to the start of an incredible growth story. We are all too focussed on the price, and not able to zoom out and look at the scale / value of the opportunity. This is a screaming bargain, I don't mind how it trades in the medium term, every sell off is another opportunity to buy stock for less than ~1 x Rev, when fair value is closer to ~4x Rev ( noting that in the US there are examples of data companies trading on 20x + Rev)
There are multiple monetisation channels that the company have not even explored, the A+ management team and board are all over this, and the result will be both margin and multiple expansion
Accumulate with conviction, on any weakness, and thank me later
PPL Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
