PGA photon group limited
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predictions 2012

  1. CmonCDR
    431 Posts.
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    23/04/12
    08:31
    Post #: 10019090
    I note that Mumbrella.com.au have their list of predictions for 2012. At number 3 is

    3. Photon sells agencies to WPP
    Rumours reported in October by the AFR that Photon would sell its agency assets to WPP come true. BMF and BWM become the unlikely stablemates of struggling once-greats The Campaign Palace and GPY&R Sydney.
    Likelihood rating: 7/10

    I would like to see this happen. Based on Fotostock's analysis of the stock, if you take current EBITDA and multiples received for past sales, this business is valued at around 11 cents a share.

    It is ood to see a bit of a base building for this stock. I look forward to the news at the end of the month regarding the strategic direction of the comapny.
    PGA Price at posting: 90.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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