Pioneering Technology Corp PTEFF

Future

[Captain71]

Financial performance for fiscal Q1 2020 (period ending Dec 31/2019) was just beginning to improve before the pandemic hit. Also the tone of that report seemed quite optimistic. Then the slowdown and tarrifs killed the bottom line.

Just wondering how others are feeling moving forward from here. Given the change in business model a while back and weeding out of the dirty employees, think the company can ever meet and surpass the financial performance seen back in the fall of 2016 once the pandemic is over. Potential returns are huge if that is possible.

Tks

[AVALONSHARK]

Thats the million dollar question my friend. Can they come close to their previous performance? I personally think, its difficult given the tariffs that are in place to achieve consistent profitable quarters. However, I do think things started to get better from early last year and should continue to look up going foward. They only have a handful of employees and revenue has started growing again

[mirdad22]

This past quarter as well as the next one will not be very good due to Covid.  However, I would think that since the elderly will be the first or second in line to get the vaccine we might see some activity sooner than we think.   I also think with the Biden presidency the company should be able to void the tarrifs.......that would be huge. The biggest negative in my mind is that the

[AVALONSHARK]

To me the current price seems outrageously cheap. Its trading BELOW its cash value and doesnt have any debt on books. The company does more than a million dolalr of sale a quarter and the recent reviews on homedepot.com are very positive. To me personally I dont expect a 3.6 mil market cap company to have a proper investor relationship mechanism. The business is worth way more than 3.6 mil, that

[mirdad22]

"To me personally I dont expect a 3.6 mil market cap company to have a proper investor relationship mechanism" I agree that the stock is undervalued but also consider "If a tree falls in a forest and no one is around to hear it, does it make a sound?" Some kind of stock promotion is needed for investors.  It's non-existent.