1. Would you buy 1 whole chicken that 1.5x or 2x or 3x higher than its current price? You know chicken price may rise in future, but would it worth 1.5x or 2x or 3x?
2. Would you buy 1 whole chicken ("story") that has no wings ("numbers") at 1.5x or 2x or 3x higher than its current price?
PUC does have story and forecast numbers. Analyst do cover this but not for public, only for its clients. I want to buy chicken at cheaper price. It is an organic chicken ("not loss making company and an organic growth company") that will not harm your health ("portfolio or wealth")
Fundamental derive demand and supply of share price that shaping into chart pattern
PUC will only rise when its renewable energy business starts showing something. As of now there's nothing to be shown, and is duly reflected in its share price...
INV3STOR, just to make u clear again on objective of this article.
It is about undervalued in terms of PBV without renewable energy business against other penny stocks that loss making and challenging prospects.
Meanwhile, renewable energy is sunrise industry. Once renewable energy business of PUC starts kick in, Book Value would be even higher and cheaper PBV than what it is now. Think wisely!
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ronnietan
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Posted by ronnietan > 2016-12-03 00:26 | Report Abuse
Why do you want to buy book?
What's its book, old computers in the office?
It can't even make 0.1 sen EPS latest Q.