Remember the only reason why this dropped was seasonal weak quarter not because of a decline in business.
Revenues next year are expected to be 170m so at 60% GM you get $85m of cash to play with to grow the business. This is a multi billion dollar opportunity but they don’t need to lose sight of the us faith market. That is where the money is. $350b is donated in US churches every year. PPH are getting $3b already after only 3 real years in business.
Patience and timing. Now is the time
PPH Price at posting:
$3.75 Sentiment: Hold Disclosure: Held