Morning Traders Thursday 30th June, page-178

  1. 6,499 Posts.
    lightbulb Created with Sketch. 52
    PIL - looking into this stock a little closer:

    - qtrly revenue currently $150k ~= $600k annual (note this is in its growth phase of business)
    - Approx $2m cash expected at end of qtr
    - low cash burn
    - Revenue generating, up & running business in high growth area
    - MC $10m
    I'd say that's about fair value if one considers no growth prospects.

    Looks pretty good IMO. Will wait for it to settle a little after yesterday but a good prospect for multi bagging. Will be interesting to see what the next quarterly figures look like.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.