PGC 4.76% 44.0¢ paragon care limited

Ann: 1H FY23 Results Presentation, page-6

  1. 414 Posts.
    lightbulb Created with Sketch. 33
    While I have a few reservations, especially with net debt, and slow down in cash flow, I believe this stock is a buy for the long-term investor. They have a unique product with hospitals somewhat dependent on their supply. The Asian opportunities are also promising, and Immulab will be a key driver once their expansion plans are realized in 2024.
    The dividend, whilst modest, reflects a positive outlook, and the desire of management to meet shareholder expectations. As I bought in (via Quantum) at a modest price the return is quite adequate, and with good future prospects, I am happy to hold.
 
watchlist Created with Sketch. Add PGC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.