Last week saw house broker Westhouse Securities lift its valuation for an astonishing fifth time in the last 100 days. At that rate and trend it could be raised another 12 times this year.
Publishing Technology (LON:PTO) has moved up over 500% since this time last year, however investors should note that it has come from a very low base.
Fabulous for any new investor is the Broker has yet to put any value on the Chinese JV but do believe there is scope for this venture to provide futher upside.
The broker also points out the research spend of £3.3M last year is falling fast as the new digital software is completed.
Publishing Technology PLC has its annual report posted on their web page.
Filed Under: Growth Investing,