PRG 0.00% $1.22 prl global ltd

PRG oversold. Buying at $1.50, page-22

  1. DSD
    15,799 Posts.
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    I said net 55m you say 57m so no real difference. Using mid figure of 56m and with 119m shares on offer, at 1.41 i get PE of 2.99. How do you get 6.2?

    Its high risk and i'm breaking cardinal rule of averaging down but just added more at $1.21 to give overall buyprice of $1.33. its a crazy mkt out there!

    PS. Using FY17 net of 56m SP of $1.21 gives PE ratio of just 2.57. Have i got the number of shares incorrect? I'm using Clime as my source.
 
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