PRN 1.40% $1.09 perenti limited

Ann: Business update & revised HY20 interim dividend payment date, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 941 Posts.
    lightbulb Created with Sketch. 403
    This looks like a very solid result to me in light of the COVID market conditions:

    - Dividend brought forward to July - equates to a 5.2% dividend yield on an annualised basis based on yesterday's close
    - NPAT(A) guidance of $106m-$110m vs $115m - $120m pre COVID, small impact in the overall scheme of things
    - Strong pipeline of active tenders, although some slippage in won contracts (Hemlo)
    - $530m liquidity in cash and undrawn facilities - no need for a dilutive CR

    Still appears to be under the radar of the day traders (judging by lack of HC posts) - all the more reason IMO to be interested in this company from a fundamental perspective.
 
watchlist Created with Sketch. Add PRN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.