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ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company that specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health, meal kit deliveries, retail, groceries and more. It provides a range of solutions, including warehousing solutions, next day delivery, same-day delivery and e-commerce integration. The Company offers logistics management services and supply chain solutions. Under warehousing solutions, it streamlines its transport products with warehousing to assist in meeting storage requirements. The Company offers delivery and logistics solutions for business to business, business to customer, and any other tailored creative solution its partners may require.


CSE:PKG - Post by User

Bullboard Posts
Post by flyingTomatoon Mar 07, 2018 10:08pm
155 Views
Post# 27680280

Some DD

Some DDJust started looking into this one. I feel like to start a good comparison is grubhub/justeats/ubereats etc. and found they have a PE ratio of 27-31x and market caps of 3+ billion. Short term with only the 400k contract from amazon this should be approaching 50 cents fair value. Long term I think that 3 billion market cap isn't too far fetched if amazon really adopts them. Once Toronto is up and going this should be 1.50 easy imo. Thoughts on this? If I missed anything let me know but I think I'm buying (https://www.theonlinecitizen.com/2017/05/25/ubereats-on-its-way-to-become-world-leader-in-online-food-delivery/) 
Bullboard Posts