Pcg Entertainment Share Discussion Threads

[sja123] 21/4/2016 07:58

Seems at the moment, the market is taking advantage of the smallest negative to punish share prices...it happened with SQZ a few days ago, a company with masses of cash but a pause in production for a couple of months and the cash is ignored..then here yesterday, confirmation of rising profits and revenue, but it didn't double profit qtr on qtr as previously, so it gets slaughtered on the day...

As has already been pointed out, this company will be making PROFIT of £2.3m per year AT LEAST if no more growth is achieved going forward...which is crazy because with the opportunity they have, it will, of course continue to grow...the profit is being achieved from CPDC, the acquisition they made last year which provides these near term earnings but they are working on a major media deal in the background which, when announced, will almost certainly make the CPDC profits a nice sideshow....a very experienced board here too, so I am personally happy to take advantage of the silly drop to add...

Could easily do £3m this year and market cap around £10m...with this pace of growth, could easily be a £30-£40m company, three bags from here...

The last broker note called this a buy "up to 5p"....looks like you could get some under a penny today...and they're on Justin's podcast today, so will be interesting to see what is said..

I hold here and will continue to do so as I see it as one of the most exciting companies going forward with a major growth opportunity...and not reliant on the price of commodities!

All IMO DYOR etc...

[1i1i1i] 21/4/2016 07:58

Only worth about £26k, now out the way should move up shortly.

[johnyee 7] 21/4/2016 07:32

3 million dump from yesterday showed up.

[buying] 20/4/2016 19:46

I'm not invested here, but have always been tempted. Can anyone explained the big fall this afternoon. Thanks

[jagzoil] 20/4/2016 19:30

Mike - profit of £2m per year mcap of £11m is not overvalued...it's UNDERVALUED pe ratio and all.....10x = £22m or so minimum

[113mike] 20/4/2016 19:27

No..not really :-)

[1i1i1i] 20/4/2016 19:10

Mike, do you understand p/e ratio's?

hxxp://www.investopedia.com/terms/p/price-earningsratio.asp

[113mike] 20/4/2016 19:08

I'll stay in for a few more qtrs yet..see how it goes but i'm not convinced of any signifacant share price rise just yet!

[1i1i1i] 20/4/2016 19:08

Overvalued? LOL! How do you work that one out Mike?

[113mike] 20/4/2016 19:06

Here and now and taking out the sector value ....it looks like we are over valued then? Mkt cap way over projected annual revenue of £2.3m

[1i1i1i] 20/4/2016 19:01

Current market cap £11.5m and we are in a 33 billion market growth area. We are massively undervalued here.

[1i1i1i] 20/4/2016 18:57

$820,000 + $870,000 = £1.69m for the last 2 quarters, going forward if the company stagnates and earns the same then $3.38m over a year period. Divide by £/$ exchange rate of 1.44 = £2.347m.

[1i1i1i] 20/4/2016 18:50

And £2.35m a year is without the business moving forward so massively undervalued.

[1i1i1i] 20/4/2016 18:48

I know that. I have worked out the last 2 quarters in dollars, doubled it going forward for the next 2 quarters and then divided by the exchange rate.

[jagzoil] 20/4/2016 18:12

No, not £2m for last 2 quarters. The fiugres are in $. So over the YEAR we will have £2m profit

[1i1i1i] 20/4/2016 17:54

Looking at the last 2 quarters we'll be earning at least £2.35m a year profit moving forward and the market cap is what? Madness!

[nick rubens] 20/4/2016 12:35

Not much of a profit rise after what the market was expecting.

[aimshares] 20/4/2016 12:24

Rns out great news

[1i1i1i] 18/4/2016 08:13

Nice start to the day, people starting to realise how big the Chinese gambling market is.

[113mike] 15/4/2016 16:00

Pcge that is

[113mike] 15/4/2016 15:59

Lets just keep this pcgr bb thanks

[1i1i1i] 15/4/2016 15:57

That's nice for you!

[rookieinvestor80] 15/4/2016 14:40

Vast will be booming get in cheap, licence news monday