PPK - PPK Group

[galumay]

There may well be "real potential" for all sorts of things, but that is just narrative. IMO its not an investible business, its not "a negative theme" its investment research and analysis.

Good luck to those speculating on the narrative, all I am doing is providing my insight into the actual underlying businesses and whether or not I would consider them investible.

Being defensive about an a company where you are speculating on the future is usually a strong tell for me, we should never let our emotions about a business override our rational analysis of the financials.

 

[Country Lad]

It strikes me as a bit like the t/a vs fundamental dichotomy
Specs against real businesses. Doesn't have to be 100% one way.

t/a wise I would put it in the potential breakout category.

 

[martaart077]

There may well be "real potential" for all sorts of things, but that is just narrative. IMO its not an investible business, its not "a negative theme" its investment research and analysis.

Good luck to those speculating on the narrative, all I am doing is providing my insight into the actual underlying businesses and whether or not I would consider them investible.

Being defensive about an a company where you are speculating on the future is usually a strong tell for me, we should never let our emotions about a business override our rational analysis of the financials.

Each to their own style of investing, no problems
But u previous comments are a tad negative and seems to imply that PPK are somehow out to fleece the retail investors, which based on past performance is just not warranted.

 

[peter2]

It's so easy to get carried away by all the promising narratives that are in the market at the moment. The AFR is filled with news stories about companies considering going public. There's so much "dumb" money looking for better returns. P/E multiples are through the roof in many industries. Macquarie Bank sold a sow's ear as a silk purse recently.

I don't mind seeing an occasional post warning of the risks in buying unprofitable companies. We should be seeing more of them.

 

[galumay]

Each to their own style of investing, no problems
But u previous comments are a tad negative and seems to imply that PPK are somehow out to fleece the retail investors, which based on past performance is just not warranted.

I think you are confusing my comments about the IPO of Li-S Energy with PPK, to be clear I believe most IPO's are generally a process for transferring capital from retail investors into the hands of pros. When its such a speculative play on a hyped up narrative I think extra caution is advisable.

Perhaps it would be better if the discussion on the IPO were split off from the PPK thread?

 

[finicky]

Huge drop in PPK in less than 3 months.

Weekly

Spin-off Li-S Energy (LIS) has fallen since listing

Daily

 

[martaart077]

Big run up in shareprice prior to the listing of LiS.
Once LiS listed, PPK shareprice started to fall and has been declining ever since. That was despite PPK owning near on 50% of LiS and LIS trading well above the 80c IPO.

me thinks a bit of manipulation of both stocks which doesn't necessarily reflect the value of either PPK or LIS.

The underlying technologies are great tho.

 

[Dona Ferentes]

Retail investors opportunity to get in on IPO will be limited. It will go to instos and sophisticated investors.

And didn't they (retail) dodge a dodgy dog, then?

 

[martaart077]

And didn't they (retail) dodge a dodgy dog, then?

Retail got a small allocation in IPO at 80 cents.
Its traded as high as $3 since listing and hasn't been below $1.40 so all who got in at IPO has done alright.

 

[finicky]

PPK down another 10.5% today @ 3.65 - not shown on this monthly chart.
Spin-off LIS not faring well either, although I guess there's an argument that LIS could be basing for a rally - not that I'm interested.
Dodged this one as I was almost lured in by the narrative and a skilled ramper on another forum (who also makes relentlessly 100% pure positive posts on BC8 which I do hold). He's disappeared from discussion of PPK for some time now.

PPK 5 Year MONTHLY

LIS all data daily

 

[peter2]

The selloff continues in PPK. At least this selloff is steady and smooth. Plenty of time to sell as it hit our pain thresholds.

 

[aus_trader]

You guys have covered the technical side, and @galumay some of the fundamental side. I can see is its SP has fallen further since...

I had a look at PPK financials, and what happened to their Revenues ?

After steady growth till 2020, now the company Revenues have gone to near non-existent level !

 

[martaart077]

You guys have covered the technical side, and @galumay some of the fundamental side. I can see is its SP has fallen further since...

I had a look at PPK financials, and what happened to their Revenues ?

After steady growth till 2020, now the company Revenues have gone to near non-existent level !

View attachment 148249

One of their few revenue streams (the coal/mining equipment business) was sold to a Director at a discount, with shareholders getting some scraps too.

On a positive, they have solved the problem of mass production at relatively lower energy consumption level of a market disrupting product (BNNT). However, doesn't appear to be much demand for the product at the moment

 

[finicky]

PPK up 29% today till a trading halt called. Something to do with Li-S Energy (LIS), a spin-out of PPK. LIS also in trading halt today after a strong blip of buying yesterday.

Not Held

 

[martaart077]

PPK up 29% today till a trading halt called. Something to do with Li-S Energy (LIS), a spin-out of PPK. LIS also in trading halt today after a strong blip of buying yesterday.

Not Held

View attachment 155325


View attachment 155326

Yes. A nice opportunity for a bit of insider trading today.

 

[Dona Ferentes]

PPK up 29% today till a trading halt called. Something to do with Li-S Energy (LIS), a spin-out of PPK. LIS also in trading halt today after a strong blip of buying yesterday

Yes. A nice opportunity for a bit of insider trading today.

Yep, LIS up , nearly 50% at outset but coming back



And PPK down. Naughty naughty

 

[finicky]

Like a reformed lush who's popped into the bottle-shop again, I've succumbed to the allure of a galumay story stock and placed bid for 5,000 PPK. Low ball @ 1.25 to allow me time to reconsider the folly.
They seem quite busy, they still have a lot of cash left and I'm seeing a chance of a chart reversal in slow progress: weekly volume has ebbed, positive blips outnumber negative, small bodied candles, mild momentum divergence. Better not pretend more depth than that.

Not Held

 

[finicky]

Foiled again. Up 24%. Too cheap and timid. Exec director buying heaps, signalling market.

Daily

 

[Garpal Gumnut]

Foiled again. Up 24%. Too cheap and timid. Exec director buying heaps, signalling market.

Daily
View attachment 156855

What is the ASF handle of the Exec director?

gg

 

[finicky]

Glenn Molloy
Edit @Garpal Gumnut, oh, I see what you did there, nope I am undeployed