PPK Valuation Perspectives, page-16

Hi Sushie,

I find PPK one of the hardest stocks i own to value, so no price target for you sorry.

I'm bullish on the company and have considered buying more PPK at various points ($12-$14 and $17-$18 marks) though did not as it is already my largest holding. I was also waiting to see how much LIS i got, which now turns out to be tiny 3000 shares though i applied for a lot more.

Because the company has been running hard, And does not currently make revenue to support the market cap on traditional valuation metrics, I am hesitant to go in more right now. I can't unfortunately seperate out the fact i am already in to give you that perspective if you aren't already holding.

with the LIS ipo imminent and then the potential for the white graphene IPO in the next 12 months, plus increasing sales of BNNT, there definitely is room for the SP to go up from here, but the market cam be driven by the herd and traders and PPK is no different and has a pretty high daily & weekly ATR.

I've always struggled to build positions as a stock goes up 2-3X though, I'm sure others struggle with this too.