Phoenix Associates Land Syndicate (fka PBLSQ)

[Han2004fl]

why should it shows there? it's done in private behind the scene. The group can collect shares in various sizes.

Yes,comparing to those companies might not be appropriate since they are more mature companies. So as a newer and smaller companies AND faster growing than those dinosours, we deserve higher P/E. That's the common knowledge. Don't argue with me on this point.

I am trying to be conservative. So P/E of 20 is fair.