PPC - Peet Limited

Peet Limited (PPC), formerly Peet & Company Limited, is an Australian property company, dedicated to asset and funds management, land and property development and land syndication. The company is currently developing land estates in Western Australia, Victoria, Queensland and New South Wales.

http://www.peet.com.au

Not much interest in this one it seems.

The price so far today makes it a break in my books, from both charts, and and if you believe in Guppy CBL.

One of those symmetrical patterns I like in the P&F charts.

Let's see if it looks as good on close.

Cheers
Country Lad

Country Lad said:

The price so far today ..........................Let's see if it looks as good on close.

Click to expand...

Nope, no cigars today, it dropped back again.

Cheers
Country Lad

You can find a lot about a company when having to do business with them!!

Have tried to get an error fixed on site that was caused by the company during the development of a land release. Smallish job required to be fixed by the developer, that was discovered by a technical expert that I had hired to complete some work. I would estimate a couple of hours work for one or two people.

After two and a half months of intra-company debate and internal meetings I have not yet been able to ascertain if PEET has even been on site to view the issue. To date I have sent numerous emails had 3 phone conversations and I still don't know where I stand.

Having worked many years in a large corporation I understand the cost of 'meetings' and I would say that the this job could have been done and paid for well within the costs of their own corporate run around. Add to that the cost of trashing their own good will.

So if this is how they run their business, and they expect people like me to be a shareholder. NOT ON YOUR FREAKING NELLIE.
No apology for the rant I seriously think it is worth sharing a company insight.

As Queensland grapples with the ongoing housing crisis, two burgeoning cities an hour south of Brisbane continue to steadily grow.

A decade ago, the Anna Bligh state government declared two "priority development areas", or PDAs, south of Logan City, at Flagstone and Yarrabilba, earmarking them as the future home of 190,000 people within 40 years.

The move put state body Economic Development Queensland in charge of fast-tracking planning approvals on two massive greenfield sites, rather than the local council.

Ten years on, Greater Flagstone — the largest PDA at 7,188 hectares — is already home to about 8,000 of an expected 138,000 residents, a population nearly as big as Cairns.

Flagstone City's central development is being constructed by developers Peet....