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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: HI Team,
Just wanted to put ESP on the radar once again.. on Feb 7 they announced a deal with a television provider that has a million+ subscribers. This new contract along with EastLink and the other smaller contract wins, have not yet been adequately reflected in the share price. Penderfund owns 15% of the company. Year end numbers could still be weak, but I think the Outlook is fairly positive given the recent wins. Your updated comments are appreciated.
Cheers,
Read Answer Asked by Ryan on February 12, 2018
Q: Hi Peter:
Would appreciate your thoughts on Kraken Sonar, small cap company with interesting technology. The made a small profit in Q3 but their history is more of an R&D business. Do you see greater revenue growth in the coming quarters with their product lines?
Thanks for your great service, have found your site to be very helpful in earning above market returns.
Regards
Victor
Read Answer Asked by Victor on February 12, 2018
Q: I looked through the PTE questions, and I believe the questions I am asking have not been asked (yet). Specifically, there are two questions I have regarding PTE, that of insider selling and the Innohome partnership.

In mid-September 2017, one significant insider sold 875,000 shares, of a total position (as reported by SEDI) of 2.2 Million shares, or about 40%. How do you view such a large disposition by a significant insider, who obviously has a better line of sight to "future prospects" than outside investors ? I generally do not view insiders selling as inherently negative (if it occurs in smaller tranches), as I can understand that they too want to realize some value now & again. However, such a large disposition occurring before the UL858 regulation comes into play leaves me wondering.

In regards to the Innohome partnership, what are your thoughts as to how this is working (on an economic basis) for PTE ? My understanding is that PTE is selling the Innohome product via their distribution channels with HD, Wilmar, & Staples. This sounds to me like PTE has opened up the North American market for Innohome. I have not heard of any press releases suggesting that PTE products are being sold abroad (in Europe), which begs the question as to how PTE might be compensated for doing this. Do you have any thoughts as to how PTE might be benefitting from this ?
Read Answer Asked by Mike on February 12, 2018