PBT: Big data and cloud computing at a reasonable price
PBT has been in the right industry at the right time
For this review of PBT Group, a trawl through the IM archives was needed.
Back in August 2020, the company was trading at about 290c and IM had a short-term target price of 340c. The group had achieved R672m in revenue in financial 2020 and had shown strong growth after a few slow years. IM wrote about a “butterfly emerging from the cocoon” and the market taking notice of PBT Group...
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