PTL 0.00% 19.5¢ prestal holdings limited

Ann: Investor presentation, page-7

  1. 425 Posts.
    lightbulb Created with Sketch. 25
    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.
 
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