TheDirectory.com Inc (SEEK)

[Gotagogetit]

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I recently posted about companies and their PPS value. I briefly tried to explain that the PPS does not always reflect the true value of a company. I put myself out there with FVRG. I was told by many it is a MLM. I spent time doing my own DD and invested what I was comfortable with. The company recently announced that their plan has come together and they are executing at tremendous pace. The PPS was way behind the true value. With no news today the stock is up 50% plus. I expect the PPS to be double this in the next 6 months. It could be tomorrow, it could be in March of next year, but my DD says that this is worth 2.00 a share.

IMO SEEK PPS is below its true value as it sits today. The company was open on a buyout offering of 2 million plus for the business two years ago. Partnering with Duda Mobile, Yext, and City Search, continuous updates to become fully reporting, and current quarterly release all make this speculative to a much higher value. Showing even a small profit values this company much higher. The PPS is low because of several factors. Past shareholders have sat in dead water for years, SG did not execute when he said he would, and current outstanding shares are high. I believe the PPS will move up when SG follows through with his plan. The PPS may move the week SG follows through, or it may not be for 6 months after. I invested what I was comfortable with. Lets see what happens.