Hi All,I've been looking further into Powerhouse. At present,...

Hi All,

I've been looking further into Powerhouse. At present, PVL seems fairly valued based on 31 Dec NTA of A$0.074 vs share price of $0.085. Therefore, to see a share price re-rate, we need 1 - 2 of PVL's 14 portfolio companies to deliver transformative growth (or the perception of it to turnaround market sentiment). Do we see any of the portfolio companies delivering on this? There's no doubt that each of the portfolio companies are playing in areas that will experience secular long-term growth, however there is still always a reasonable chance of concept-to-commercialisation failing.

Skycraft seems quite promising, but PVL's ownership interest is only 2%...

For disclosure, I have a 0.5% portfolio weighting in PVL, i.e. very small (hence the deep-dive to determine if I should increase allocation to PVL).