I too am a long time holder, but have fortunately lessened my position at no loss over the past 18 months since the capital raise. To me the timing of the report is somewhat irrelevant but my memory is that until and including 2017 they reported before opening and in the second week of August.
Unfortunately I think a hefty drop will occur on Monday and my loyalty will be rewarded with a big loss. It is going to take something more positive to turn things around and for me there is nothing there to draw on. As a comparison Capital Health (CAJ) is sitting at @$0.22 after NPAT of $23m and EPS of $0.04. The reason is that they now have history of disappointing the market and Paragon have now joined them.
The acquisitions that were bought from the capital raising have clearly not delivered other than possibly the vision line. REM was sold to us as a certain 8-10% growth and it is quite clear that it was no where near this and the outlook is not indicating much improvement in fact my read is that they are downgrading this growth.
As I said earlier they are basing a "rosy" outlook on cost savings and not growth. My expectations were / are based on past comms is that the costs should already have been eradicated (they've had >12 months) so my suspicion is that they have little control over the merged entities who after receiving their cash have little incentive to reduce their "family" of employees.
Management has a lot to answer for IMO. I know I still wouldn't have my job if that was what I was putting on my 2019 resume.
- Forums
- ASX - By Stock
- PGC
- Ann: Appendix 4E - Preliminary Final Report
Ann: Appendix 4E - Preliminary Final Report, page-20
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PGC (ASX) to my watchlist
(20min delay)
|
|||||
Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $769.7M |
Open | High | Low | Value | Volume |
47.0¢ | 47.5¢ | 46.0¢ | $152.8K | 327.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 46200 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 12200 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46200 | 0.465 |
1 | 21732 | 0.460 |
4 | 138109 | 0.450 |
1 | 22471 | 0.445 |
1 | 20000 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 12200 | 2 |
0.480 | 39792 | 3 |
0.485 | 75702 | 3 |
0.490 | 4238 | 3 |
0.495 | 60796 | 2 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
PGC (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online