Replies to post #134109 on PCT Ltd (PCTL)

[RealDutch]

What has to happen for it to run to that point. What are we looking for here?

That is a bit of a problem right now. And why the stock is tanking. Nobody feels like waiting 6 weeks for the Q3 results. And even those won't matter.

Also keep in mind this is OTC. Hype rules. Nobody gives a dam about fundamentals or valuations.

Perhaps the upgrade to OTC/QB could help a little bit. Probably not.

For all I know, the hedge funds have been beating the stock down relentlessly. And they will let it fly soon. Probably not.

Bring a bag of patience when investing in this company. It is undervalued for sure. Fair value is close to 0.08 right now. Buy low, sell high.

They still have to announce a stake in PCT Europe. There will be more and bigger orders from the UK. And a surprise probably at some point.

[zombywolf]

Next year.

[Evaluate]

you wrote:

I've seen (by people I have followed around from other boards who's opinions I value) PPS targets of .20-.30 as a conservative target, and dollars as "hopeful" estimate.
So much has happened and there is so many bold letter posts that feel a little overzealous to me that it's hard to keep track of the reality of this company.
What has to happen for it to run to that point. What are we looking for here?

I think what we need is assurance that PCTL will become profitable, and when, and assurance about profit growth.
Progress has certainly been made towards that, but it was happening a bit slower than expected.
It was indicated that Little River capacity for producing fluids had increased to 10,000 gallons/day and based on shareholder expectations of price/gallon, some high expectations were arrived at for Revenues in Q1 and Q2 ... over $10 Million/Year for fluids alone. Then GG mentioned he feels pretty comfortable that revenues will surpass $4 Million for 2020. This was a reality check moment, and for the first 6 months revenues are just a bit over $1 Million. This would imply around $3 Million "to go" for the remaining 6 months, which would be a 200% increase ... but it was good to hear in recent CC that Gary thinks this is still a realistic number.
To get there, based on monthly increasing revenues, I would like to see Q3 revenues of at least $1.2M - $1.4 Million.
I would also like to see the margins improve ... and I think they will based on the ratio of the various revenue sources ... for the first 6 months the operating profit margin was around 50% ($564,705 / $1,153,354).
Net loss after other operating expenses (incl depreciation) was around $721K for the first 6 months.
Loss before income taxes for the first 6 months was awful, but this includes big figures related to Debt & Interest payments.
Which is another reason the share price has not been able to flourish ... it is unclear what the impact of debt and debt servicing will have in coming quarters on the Profit/Loss and on the potential dilution (what might the Outstanding Share count wind up at ... 1 Million ... 1.4 Million shares? This has an impact on Price/Earnings ratio, Projected Price Earnings etc which all impact the potential future share price).
There are warrants, and C Shares, and "derivative liabilities" ... very difficult for shareholders to figure out the impact all of this will have in coming months and years.
We hear about some progress being made, but it is unclear how much progress and how much overhang.
It is not clear whether lack of funds is causing lack of ability to manufacture equipment on a timely basis to meet the demand for the equipment. See post 134108.
The company has given reason for shareholders to be excited about the progress in the UK ... but due to lack of details it is hard to figure out the extent and timing of the potential financial impact on PCTL. The good news is this might start to become more obvious soon ... the Press Release indicates multiple POs, and the expectation of additional orders in the very near future. And the shareholders have requested that the company provides more clarity ... so hopefully we will learn more soon.
And hopefully the Q3 financials will show continued growth and improving margins and profitability.
(I agree that excessive use of CAPS on a message board will not be instrumental in boosting the SP)