Purple Group

PPE just released unaudited results; the stock took a bit of (continuous) hammering. Previously, we anticipated R1.10 as the potential support level, the stock is currently trading at that level. Technically, it's a zone to pay attention to, in anticipation of a breakdown or for buyers to step up and push the price up. This week, it'll be a combination of the results and the charts; may the best man win. No position.

What's the stock's intrinsic value, and what price are you willing to pay for the company?