I was impressed with the conference call except for the explanation on Samsung ,the explanation was to casual. They need to follow up with current events as soon as possible. They also need to have studies substantiating why they going into new areas of business and what they expect in income. They give the impression they are number one in volume but not in profits , a little more excitement regarding their future profits They need to put their ass on the line regarding the future .There is enough bullshit protecting management at the beginning of the call.
I believe this company can be 5.00 within a year. PS They should touch on 3-d and how it will affect their business for uninformed investors like myself.
What is driving the price and how high can it go?
1. The recent news, Samsung,Walgreen
2. The recent offering-Shows confidence
3. The potential for a major turn around in earnings.
4. Possibility of a buy out .
The stock hit 5.00 dollars six yrs ago and they now have more business.
A Director at PNI, Robert Chase (COO at Absolute Software) has purchased 81,500 shares at C$1.19.
We need a positive release from the company or an annalist to move the Canadian market to higher levels. I agree when one of the insiders buy stock its very positive.
This company could be selling at 10.00 per share with any kind of earnings trends ie .30 cents or higher in the near future.
I see Kyle Hall bought another 5000 shares at $C 1.18. Compared to his compensation, his recent purchases are not insignificant.
Given the pps was in the $.20 range 3 months ago, it is bullish someone is willing to put money into the company at C$1.05 ($1). They must see the potential I see with future mobile revenues. I believe the company is going to do well.
Looks like a damper on stock value, unless they make a positive statement as to market share soon ,the market will interrupt as a need for cash to keep their high cost salary going.
The stock value will decline based upon the dilution of new shares.
It would be nice if one buyer purchased the shares at .90 and turn around and offered the exiting stockholders 1.75.
They have a lot of potential for a new buyer .
The strength is coming from the Canadian side .
Many of my friends are extremely happy with current trend.
I believe they feel the stock is worth more than 2.00 based upon the current business plan.
I personally feel its worth 5 times projected 2015 ,assume they hit 25 million in sales and increase their margins on each transaction.
Do the math 125,000,000 divided by shares outstanding.
Those who bought in Aug./Sept. of this year at $.20 have nearly a six bagger at this point. A good increase for three months. There may be a three fold increase from here.
Nice volume and price increase the past two days in Canadian market (PN.V)!
I guess they realize they are under value and need help to survive in this changing world. (Latest release regarding meeting in Bel Air, CA)
The quickest way to increase value would be to go directly to either Vista Print or Shutterfly for an out right buyout,of course they would lose their jobs and that would be a shame.
The higher in price the more volume.
I have to believe my brother and his friends have close to one half million shares We are happy with the current trend and you are correct with network and cell access they should really take off in price.
I am surprised they haven't been bought out. There distribution network is worth a lot of money. They now have Samsung which gives them leverage with their customers so maybe they will be able to get a larger piece of the pie. What is Apple going to do? It seems they need PNI's network. There are 15,700 location between CVS and Walgreens. Who could Apple sign up with that would give them that kind of coverage?
Most of the photo and print companies like Vista Print and Shutter Fly have been doing well in the market.I guess they address the consumer more directly than our company.
a while back I e mailed Vista print about buying photo never heard back.
At that time I owned both companies.
They have approx. 34 million plus shares outstanding and 25 million float . Looks like an easy target for a take over. I believe if someone wanted to make a move it should be soon before their earnings starts to turn over the next two years.
The management team has lived off the fat of the land too long as they made too many promises that never materialized.
I believe a buy out of 3.00 is possible based upon their sales and their high overhead. What do you think?
New corporate update out. We have not seen that for a while. The Samsung app will be in phones before the holidays and deliveries will also go to Walmart. Because of PNI's distribution network would Apple not want to be a partner with PNI? The Samsung arrangement should provide PNI leverage in negotiations. We bring Samsung with us. If we go you lose Samsung mobile business!
I believe Samsung opens many new retailers to PNI(Walmart ,etc)
They never give you enough info. in their press releases. Samsung to partner with a low capitalize company is very positive. inside buying very positive. note over 800,000 shares traded on Toronto exchange someone wanted in Very positive. We will see more action in the stock as it moves higher .Many big client added this yr.I wish I knew when they will reap the rewards ,hopefully sooner rather than later
CALLED THE COMPANY OR THE PR CO. FOR INFORMATION.Always verify what you read on boards
They have enough cash to buy back 34% of the outstanding shares. Their cash flow is still over $3M per year. The business printing and stationary needs to kick in for sales and profits to increase. On the conference call they said it is taking longer than they thought to get acceptance of the new service, but they were confident it would happen.
They are renewing contracts with their customers. Hopefully, they are getting better terms in these contracts for specialty items. I purchased a calender from CVS for $20 and PNI may have just received the revenue for 12 pictures ($.36 to $.48).
I still believe this company has a good business model and will do well in the future.
The recent exodus from the company is not a good sign and the current management team is living off the company cash flow . They have the best retail customers and have not been able to capitalize on this with their new products.
They should merge with a larger company as their stock is trading a few shares a day indicating no liquidity .Why would you invest when it appears to be no interest in the companies future or the management team?
I agree with you on the value of the co . real value( goodwill ) worth about 3.+ market value .40. Current stockholders are getting screwed.
Any interest in PNI Digital. This is a money making company in internet photo, social stationary, and business printing which has a market cap that is 1/3 of sales. They spent $15 to $20 million the last two years on R&D millions to get into the social stationary and business printing. There photo business makes money which has paid for the R&D to get into the new businesses. This stock should be selling 10 times higher than $.30!