PGC 1.22% 41.5¢ paragon care limited

Yup guys. I know nothing as always but....Could well be that it...

  1. 280 Posts.
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    Yup guys. I know nothing as always but....
    Could well be that it was Mark Hooper or a related party or anyone for all I care.
    The main stories in my mind are;;;
    1. John Walstab is PGC largest holder. He would not be doing this unless he had confidence he can execute.
    2.John was founder of Quantum Healrhcare. That is now one of the leading sections of PGC
    3.Paragopn Care Asia (previously Quantum) is based in Asia. That is where growth will lie. Much bigger markets overseas.
    4.People can finally give a sigh of relief that PGC is not going to try and BUY it's promised increased sales volumes and promised EBITDA.
    PGC has recently not been burdened with excess cash. Therefore the continual talk of growing via acquisitions would logically lead to higher debt and /or dilution of current shareholders. Either way not good for us.
    Upshot for me is, we should be getting a motivated CEO/Managing Director. Someone knowledgeable regarding o/s markets and speculation of capital raisings or debt increases can be put aside.
    What's not to like.
    I for 1 am very happy and now far more optimistic.
 
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