Here is a post in a PPH forum from another site by Beagle:
"Just looking at what's possible by the time they list on the NASDAQ.
Snapchat and a few others trading on 11 x sales so if we use that metric and PPH grow ACMR to say US$175m by the time they list in say December ? that suggests a market cap of US$1,925m. Convert that at 0.72 = NZ$2,674m. On 274.5m shares that suggests a possible price target of $9.74.
Appears to have a reasonable prospect to double your money if everything goes to plan.
Currently trading on ~ 8.5 times ACMR. Most of the potential growth this year, in my opinion, will come from growth in the ACMR as opposed to the potential NASDAQ listing itself. Disc:"
This guy is a bit more optimistic than my forecast. A forecast is a prediction and I suggest you take it as a grain of salt. I had been forecasting for 30 years as a CFO for different companies and never get 100% right. I look forwards to the release tomorrow.
PPH Price at posting:
$3.98 Sentiment: Buy Disclosure: Held