RE:RE:RE:RE:Can someone explain to me...LOLOLOL where do these fools come from...prokofiev...I can picture you now in a 3 piece suit with a monocle and top hat addressing the "investment community"....see the thing about PKK is......oh my god that was good for a laugh on a Thursday night...keep it coming....you sir are NOT getting ignored by me. No chance.
prokofiev wrote: I have talked to the CEO in the past... and my conclusion was that this whole company was a scam for a wealthy Chinese billionaire to get his money out of the country while he still can. I still believe this is the case.
Anyone I described this stock to in the professional investment community is convinced it is a scam... There is no real reason for this Chinese billionaire to just give away for free his money to PKK shareholders.
Ok... let`s assume you believe that in the next 9 months $550M of revenues are going to flow through this company, and they will be getting 5% EBITDA margins, so $27.5M EBITDA. Then this company trades at 1x EV/EBITDA and only the retail investors on this board understand this and nobody in the investment community is smart enough to figure this out? This has literally NEVER happened.
Prokofiev
lscfa wrote: Stocks trade on forward sales/earnings/cash flow, dumbass....mgmt guidance is $550 million in revenue for 2017 and that is before adding in new platform just acquired.....
endeavour wrote: proko, if you are having to ask this question, then you have done zero due dilligence. If I had done no work on a stock, i wouldnt invest in it either. Read some of the many articles on Peak on Seeking Alpha, join the 700+ strong Facebook group or better still, speak to JJ at the company itself. There is a TON of information out there and rather than believe any anonymous person on a message board, you need to find it out for yourself. Then you might not throw around such silly phrases such as 'no real revenue' or 'unclear business strategy'. Heck, why not try and attend the upcoming Chinese Investor conference if you're really keen. Lots of options to learn out there.
Good luck. Nice buying opp today. And of course no doubt the Doji guy will say the pullback was all in the charts, lol! Yeah, right.