PET 0.00% 2.5¢ phoslock environmental technologies limited

Newing, page-3

  1. 746 Posts.
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    From a personal point of view having someone actually put some figures down on paper to do a speculative valuation is extremely helpful. As far as I am aware no one else has done the same.
    I am sure we will all agree that future sales projections are guess work and easily could be significantly conservative given what is going on particularly in China and the money on the table commitment from the Chinese Gov to actually do something about the huge problem they have.
    Whilst China is going to be largely responsible for driving the share price in the shorter term other posters have of late referred to diversification potential in China and elsewhere in the world. In the longer term this could provide considerable variable revenue streams for PET.
    What an exciting short term is in store and a longer term product expansion could result in big returns for shareholders. A SP in the dollars is easy to imagine longer term. But that is guess work of course.
    Regarding Newing selling shares I think it is perfectly understandable that someone with such an overweight position due to SP rise would seek to sell some stock and definently should not be seen as any negative sentiment toward the stock..To me this pull back is just that and a good buying opportunity fora stock with so much potential.
 
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