RE:I can’t find anything bad about this company. I've had shares in PHO for over 7 years, so perhaps I'm biased, but to me this is a well run business. Possibly it's a bit too conservatively managed, so it's willing to hold a lot of cash and be excessively prudent in providing guidance. The only real negative is that it's customer base is relatively concentrated and primarily in what is considered to be a cyclical market. Long term plan is to address that issue by expanding into new markets, but its a slow process. In my view the share price is much too low, which I would blame partly on the badly written PR at the last earnings date. Given the uncertain economic climate PHO is a very low risk company to put your money in.
Here is a link to a video that some guy stuck on u-tube back in the spring. Not a bad summary, though obviously there have been some financials since it was made. Earnings for the year to date are around 8 cents per share, and the likelihood is that it will reach 12 - 15 cents for the year. Next earnings announcement is probably around the end of the first week in November. Assuming that the overall market doesn't nosedive, I'd expect the stock price to go up perhaps 20% by the time earnings are released.
https://www.youtube.com/watch?v=91pc-YB6Lio KingAce wrote: It's a new stock to me but can anybody dig up some dirt on them or is it actually a well run business? Seems nearly impossible on the venture to find a diamond like this. Thoughts please? Is this a fair price to make an entry position? Is there bad upcoming results that is impacting the share price? Give me the inside scoop. Cheers!