PGH 0.00% 80.0¢ pact group holdings ltd

noomxx,Where did you get that "Normally contracts don't allow...

  1. 1,561 Posts.
    lightbulb Created with Sketch. 57
    noomxx,

    Where did you get that "Normally contracts don't allow for price increases in the short term, hence margins getting squeezed."

    Most agreements in this space include 2 key rise and fall adjustments, being resin prices and currency.

    The reason why the last CEO was given the flick was that he took too long to move the price and it hit the bottom line. This was clearly stated in the annual reports. Back then there was a perfect storm in that the resin priced increased at a rapid rate as the A$ dropped at the same time. The combination was massive all at once.
 
watchlist Created with Sketch. Add PGH (ASX) to my watchlist
(20min delay)
Last
80.0¢
Change
0.000(0.00%)
Mkt cap ! $275.4M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 6202 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.0¢ 2850 1
View Market Depth
Last trade - 09.59am 08/08/2024 (20 minute delay) ?
PGH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.