PTG.V(PVVTF)
I’ve been buy PVVTF in the .34-.35 USD range lately this is what I like.
1) PTG.V (Pays almost a 9% divvy very few microcaps pay you while you wait, especially at this rate, I happen to love that.)
2) PTG.V if we add back amortization (about 2.1 million a quarter), Impairment charge in q2, transaction cost, and subtract other income and tax those profits at a 35% rate. We would realize they earned roughly .03 in q2, with stronger seasonal q3 and q4 to follow. I expect earnings to be about .07-.10 in USD q3 and q4 combined, hence we are looking at earnings of .10-.12 USD for a stock trading at .35 and paying a healthy dividend this seems like a no brainer in that regard.
Conclusion: I think PVVTF is an amazing buy, of course all microcaps have their warts, balance sheet isn’t perfect and they did lose a decent size client, say 5% of sales or so. Which I think they will be able to make up with, plus big clients are generally at lower margins, hence, I think they will be able to make up that loss just fine as they continue to grow. All is just my opinion, and I could always be wrong though.
