Replies to post #47936 on Savvy Trades and Investments

[wadegarret]

Hweb- PCMI

Like to give my opinion. I think this qtr gave them much needed credibility. However I still wouldn't give them the PE of the industry, which is around a 15 PE going forward(PLUS gets a 20 PE going forward), as they still need to prove themselves further. Having said that, at this point is seems an 8-9 PE is conservative, so $16-$18 target.

[SSKILLZ1]

PCMI

I thought the report was rock solid. Granted the stock opened up in the 12's so I'm not gonna chase but I think $16-18 is a good estimate of FV right now. This quarter gave guidance actually belief they may hit it rather than how I felt after q4, now if they reiterate and have a great q2, I will say it is worth the full valuation which is 10x, which puts the stock at around $20 FV, but I right now I say about $16-18 until I see another quarter of them coming through. What was impressive about the q1 report was the profits they saw with just 543 million, if they receive 4% revenue growth they will average the next 3 quarter around 580 million in sales, they did .34 on not even 543 million. By the way the fact that q2 revenue growth won't look as good as q3 is not anything negative it is just a fact, they had 560 million in revs in q2 last year versus 545 million in q3. Easier to have better revenue growth in q3 based on the comps. If PCMI falls over the days and weeks and I'm not sure it will I will probably buy some. All is just my opinion, and I could always be wrong though.