PGH 0.59% 84.5¢ pact group holdings ltd

Ann: 2022 Annual General Meeting Presentation, page-3

  1. 561 Posts.
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    I attended the meeting. Basically, I asked why the BIT and NPAT still low? Does the company still bites with inflation and recession economy?

    Another question being asked was why is it dropped down to $1.25 as AGM holds.


    Answer: Pact were aware of issues and they are grinding through it very well and fight for it as a business and they are confidently they can still making profit (I guess), The second answer to $1.25 share price>>> Pact is not responsible for share price because their job is handling business, not share market, my guess is they are pointing to traders/economists and blame them. Another question is in relation to contract manufacturing division>>> no discussion and no comment yet.

    I hope I am right from saying it my way, forgive me if I am wrong.

    P.S even if this company sell off by the book price, its share price still higher, don't go panicked. Unless they screwed up their assets and businesses more (other than its current rate) go by the book price and it still higher than it is right now. That is my thought.
 
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