Basileus, it's still "ramping" lol....just because you say you...

Basileus, it's still "ramping" lol....just because you say you have read something doesn't mean you aren't pushing a stock or "ramping"!! Especially given there is no reasoning as to why you came up with the 20-25c figure! Not that I disagree with your projections given what Envirosuite has already achieved and now with the fact that they seem to be updating their product, I think the future is very bright.

The collaboration with Odournet still hasn't been given the respect it needs to be by the market. They are the world's LEADING odour company and have offices in 7 or 8 countries from memory. When this was announced to the market, the SP actually fell! Everyone was expecting an update/ann and when it wasn't realeased saying "PEH have acquired a $500M contract" investors didn't see the bigger picture and many seem to have sold out.

PEH made revenue of $15M last financial year and that was up around 50% on 2013/14. With their new partnership with Odournet and the move forward with what is clearly already a fantastic product, things are only going to grow from here. An investment in this company is practically protected by the revenue stream - something very rare in the spec market on the ASX. If things continue to grow at this rate, the 2014/15 financial year should see revenue comfortably clear the $20M mark, maybe even approach $30M. Peter White has done wonders since coming on board here and shareholders have every right to have the utmost confidence in him and PEH.

Personally I'm not too worried about the day to day on this, I barely even look at it, it's stable, it has the goods, it has the income, I'm just waiting for my phone to 'ding' to give me the alert that the next contract is on the table - whenever that is. Until then I know it's not going back to single figures barring another financial crisis so I'm happy to hold and wait.

CnS