TSX:PIX.UN - Post by User
Post by
b0nfireon Aug 31, 2006 11:46am
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Post# 11300621
communication
communicationI think the company needs better communication/ release of press/ info, it doesn't happen very often.. Some time ago (perhaps months now) they were recognized as one of canadas fastest growing companies, but yet no official release (to the wire) other than their website? Why wouldn't they be touting this? PR/volume/coverage is what they seem to be lacking most.
And now on their investor page (https://www.peer1.net/en/investorcenter.asp), they have this interesting quote, not sure exactly when it was added, but I don't remember it from some time ago.
“We believe the time is right to invest in PEER 1 Network Enterprises…. Fundamentally, PIX has outperformed most of its competitors yet trades at a discount to other Internet outsourcers. We believe that the discount is due to the lack of market visibility, which we think is now improving. Revenue could exceed $14mm in F04E and $21mm in F05E representing Y/Y growth rates of 45% and 48% respectively...Profitability should improve as PIX adds new customers with lowering marginal cost and improving economies of scale.” Jonathan Wiesblatt, Equity Analyst, Toll Cross Securities Inc., Toronto, ON