Top member reports
Consensus community valuation
$0.075
Average Intrinsic Value
27.1%
Undervalued by
Contributing Members
Sort by:
Recent
Create your free Strawman account to view member valuations
##Bear Case
Added 2 days ago

We just went through this company's half-year account.

It is interesting that people would be participating in the recent placement... The board should have more non-executive directors and certainly not to have an executive chairman.

What a pity, we like green businesses.

Read More
#New 5yr Agreement 14/4/21
Added a week ago

PEARL SIGNS 5-YEAR OFFTAKE AGREEMENT WITH STANLEY, DIVERSIFYING SALES OF TYRE-DERIVED FUEL OIL

HIGHLIGHTS:

  •  Pearl signs 5-year Offtake Agreement with Stanley Macadam Pty Ltd – a major Queensland based asphalt producer and road construction group.
  •  Supply of the maximum quantities of fuel oil and recovered carbon black under the contract should see Pearl earn approximately $2.5 million in revenue over the contract’s duration.
  •  Pearl’s tyre-derived fuel oil provides Stanley with a locally sourced economic and environmentally advantageous fuel supply.
  •  Agreement expands on Pearl’s established position as a supplier of sustainable products to Australia’s growing infrastructure market.

Still on my watchlist, although I think this "non sensitive" anouncement may help stabalise the share price which has been going down steadily since Dec20. 

View Attachment

Read More
#EXPANDS PRODUCTS 8/4/21
Added 2 weeks ago

PEARL EXPANDS PRODUCTS OFFERED AND REVENUE STREAMS WITH CRUMB RUBBER PLANT

HIGHLIGHTS:

  •  Pearl has begun construction of its recently delivered crumb rubber processing plant at its existing site in Stapylton, Queensland
  •  Crumb rubber is a new product line leveraging Pearl’s established business model of used tyre collection and conversion to valuable products
  •  Sales are underpinned with a previously announced 3 year agreement to deliver up to 1,500 tonnes per annum of crumb rubber to a domestic supplier of bitumen and bituminous products
  •  Expansion into crumb rubber allows Pearl to offer a broader suite of products to customers, providing a potential market advantage over new and existing crumb rubber suppliers

On my watchlist

View Attachment

Read More
#3 x Announcements19/3/21
Added a month ago

1. Investor Presentation

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02355510-6A1025388?access_token=83ff96335c2d45a094df02a206a39ff4

2. Further Information to ASX Announcement 18 March 2021

Environmental technology company Pearl Global Limited (ASX: PG1, Pearl or the Company) provides further information regarding the increase in domestic sales report in the announcement released 18 March 2021.

The Company reported that since the start of the calander year, modest gains had been made in the sale of its cleanly converted tyre derived fuel oils, recovered carbon black and steel to the domestic market. Over the past 6 months, gains have been made in sales which feed the domestic market. Sales are expected to total approximately $0.12m, compared to $0.11m in the 6 months to the end of December 2020 and $0.02m in the six months to the end of September 2020. Whilst these gains are modest, the Company considers there is significant momentum building, as other potential users of Pearl’s products in the domestic markets see the value proposition and tangible benefits of the Company’s unique product offering. Pearl’s sales pipeline has expanded to incorporate industrial sectors outside of the asphalt market, Pearl’s first domestic target market, with advanced discussions with companies in explosives, cement and steel making. The Company will update the market when these discussions reach a complete proposal or agreement.

3. PEARL SENIOR MANAGEMENT APPOINTMENT – CHIEF FINANCIAL OFFICER

HIGHLIGHTS:

  •  Pearl appoints Mr. Alex Mitchell as CFO, a high calibre executive with strong commercial acumen
  •  Mr. Mitchell’s appointment follows CFO roles in start-up and transformational company environments as well as large, mature organisations
  •  Mr. Mitchell brings broad experience in equity capital markets, M&A, joint venture management in international settings and both ASX-listed and private equity backed organisations in various sectors

see attached

DISC: On my watchlist ~ Ethical

View Attachment

Read More
#For Watchlist 18/3/21
Added a month ago

PEARL INCREASES TYRE COLLECTION FEES and DOMESTIC SALES

I have just come accross this one today & think that it one for the watchlist, especially in today's "ethical climate."

HIGHLIGHTS:

  •  Pearl has increased its tyre collection fees by an average of 20%, as the education of its superior environmental benefits gain traction with industry
  •  Domestic sales on the increase for Pearl’s Tyre Derived Fuel Oils, recovered Carbon Black and Steel and sales pipeline expanded as more companies keen to address the growing problem of the disposal of waste tyres.
  •  Government policies and initiatives banning certain waste streams, including tyres, are continuing to support increasing demand for Pearl’s solution to the disposal of waste tyres.

 

PEARL GLOBAL TO PRESENT AT VIRTUAL INVESTOR CONFERENCE

Pearl Global Limited (ASX: PG1, Pearl or the Company) is pleased to announce it will present at the NWR Small Cap Conference on Friday, 19 March 2021 at 10:15am AEDT.

Executive Chairman Gary Foster will provide an update on the Company. Investors are invited to send questions prior to the webinar to tim@nwrcommunications.com.au.

Attendees will also be able to text questions to management using the conferencing platform. Register for the investor webinar by copying the link below to your browser: us02web.zoom.us/webinar/register/WN_MK5q76sqRw-ONTRDhQ5V0w

After registering, you will receive a confirmation email containing a calendar invitation and information about joining the webinar.

View Attachment

Read More