PGC 2.11% 48.5¢ paragon care limited

Ann: Acquisition of Business , page-4

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  1. 1,753 Posts.
    Heartening to see the ex-director of the acquired co taking a stake in PGC. While 4c is a nice discount to the current SP I didn't have to look too far back to find 3 cents.

    Correct me if I'm wrong as I'm writing off the top of my head but Mark Simari also has a considerable stake in the company and has managed to grow the business and keep it profitable at the same time.

    Healthcare is going to be a profitable venture with our ageing population, especially when you consider that most of the kids under sixteen right now could easily live to 100 years of age (URL below).

    Hopefully the steady growth of PGC continues along with the bottom line. Paragon isn't a very sexy stock - it's dead boring in fact. That suits me. I might even buy some more.



    http://www.guardian.co.uk/uk/2011/apr/19/statistics-100-years-old

 
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