My own forecast shows that they will breakeven or $2m lose in the first half of 2018 and may be a full year profit of $5 to $10m depending on the headcounts conservatively. The recent price rises is largely due to the rerating of this company as the market realizes this company will start making a profit sooner than later. From my experience, this company has huge potential and currently they have only tapped into a small portion of the market. The potential is huge from my point of view. Thus I have increased my holding in this company over the last few weeks.
PPH Price at posting:
$3.73 Sentiment: Buy Disclosure: Held