Good summary Dreamcatcher
I think those who are not really long term holders would know what this board forecasts this board delivers.
I think what the not so familiar holders or market watchers are missing , is that we are now almost certain the full year results for 2014/2015 are going to be very good , as the first 3 quarterlies have given us the clues
I also think PGC are more than likely to keep up the strategy of acquisition for at least another 3-4 years , where they buy a business on 3-4 times earrings, integrate it in to the current sales , get synergies and go again
I expect we will see 2 more in 2015/16 , and the revenue will be far more than the 50m forecast
This forecast comes from the chairmans strategy outlined at the AGM in 2013 , we have not had the uplift from this number or strategy , but you would have to think PGC is ahead of this target number .
Chairman Tanner , stated very openly PGC had a target to reach 50 million revenue at a 15% EBIT margin by year end 2016
With a market cap of $34 million , and now only 12 months out , that result would make the stock trade over $1.00 , which for the risk of delivery about 50% under what it is trading at now
In my pinion that is seriously under priced and discounting the likelihood of that outcome eventuating.
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Good summary Dreamcatcher I think those who are not really long...
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Last
46.0¢ |
Change
0.010(2.22%) |
Mkt cap ! $761.4M |
Open | High | Low | Value | Volume |
44.5¢ | 46.0¢ | 44.0¢ | $346.1K | 769.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79186 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 55989 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.445 |
2 | 190000 | 0.435 |
3 | 58200 | 0.430 |
2 | 101747 | 0.420 |
1 | 10000 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 55989 | 5 |
0.465 | 706760 | 8 |
0.470 | 349748 | 6 |
0.475 | 100000 | 1 |
0.480 | 212819 | 5 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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