PGH 0.00% 80.0¢ pact group holdings ltd

Ann: Contract Manufacturing, Trading and AGM Update, page-3

  1. 7,323 Posts.
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    I am not buying yet.
    We need to see the impact of higher oil and gas prices on pact's business model.
    Normally contracts don't allow for price increases in the short term, hence margins getting squeezed.

    Notice the AGM date being changed, there could be some corporate action reasons behind this.

    I prefer to wait on the sidelines.
 
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