OTCPK:PILBF - Post by User
Comment by
aggmanon Nov 06, 2014 6:05pm
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RE:RE:PLS to release Q3 after close on Friday -> call Monday
RE:RE:PLS to release Q3 after close on Friday -> call MondayAMGN68
Unftly the answer was given to #3 - somewhat vague - on last call - they are evaluating a number of business development opportunities - but there are more in the future and i thinked they tapped equity - because - they wanted a stronger balances sheet, they could do it, and lets be honest - because they had an abnormal charge, and that PoLB has seen a 6 month slip, and the big year they believed in - has not been "ultra-strong" - it has been strong. Also, this business was close to being dead a few years back - so CEO (rightly) being conservative and have a strong B/S and cash. Not what some or most investors wanted to hear - but there are some mild positives in the bought financing deal. I side with you - what is there to show for it, in 2015 or 2015 H2?
#1 - Agreed. step up in vol, step in pricing, and managing unit cost.
#2 - Yes - let's be professionally critical - the company was gung-ho in early Jan on PoLB and timing - and its been dissappointing - here we are 6th November, 2014 - and nothing has been shipped/sold there. Granted, the photos indicate the facility is now well established and looking "open for business".
Its important to rememeber that aggregate is a long term business, I do like PLS's position and where it is going. When early stage/juniors/emerging companies are public - there is some "institutional?" or "public" imerative to talk up the stock and the story. Its a challenging precipe to walk - I think. PLS is no different - look at its bookends this year: " 6 Jan BD release: we are GUNG-HO" - to "bought financing deal with no validation" around mid-year.
The Aggman's Mantra: Run the company well and stop dilutions.
Overall, i think investors are well placed, i think the next 3 years for PLS should be excellent, patience - even in 2014 is a virtue.