PTL
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1.23% 8.2¢ prestal holdings limited

Ann: Investor presentation, page-7

  1. lv2004
    425 Posts.
    lightbulb Created with Sketch. 25
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    23/08/21
    18:30
    Post #: 55508114
    The 7m inventory adjustment reversed a ($11m) adjustment in FY19. without this, PTL is in big trouble.

    Additionally, if minus $3m reduction on battery, the picture for fy22 will be very difficult, no wonder directors never buy any stock even the company gives out handsome dividend.

    trap.
    PTL Price at posting: 43.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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