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chemist72

06/08/18 10:37 AM

#7409 RE: bob4uall #7408

Guesses for Q2/3 report dates and SP movement.

Based on their Q1 reporting date of May 1, I am anticipating the following reporting dates for Q2 and Q3:

Q1 - Aug. 1 or 2;
Q2 - Nov. 1 or 2.

That's the easy part.

As for share price movement, I would take these comments with a grain of salt as I have no "real" justifications other than the comments in the annual letter to shareholders and my own guess of a share price for PIOE towards the end of the year of from $1.60-$2.

I anticipate improvement in PIOE earnings in a progressive manner. That is, whereas Q1 showed a small loss, I anticipate Q2 to be near breakeven, and Q3 to show positive earnings (all for bottom line numbers).

Therefore, I would anticipate a more or less gradual improvement in share price during the last 6 months of 2018. Around the Q2 report I would anticipate share price to move solidly above $1.50 and then stabilize in the $1.60-1.70 area. Around the Q3 report I would expect another small jump upward, this time settling in the $1.70-1.90 range.

So there are my guesses. Feel free to pick them apart much as you want. I may revisit these guesses at any time, or just wait until December to make some guesses for the full year and Q4 report scheduled for the end of March 2019.