PGC 1.06% 46.5¢ paragon care limited

Ann: Full Year Results Presentation, page-31

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  1. 265 Posts.
    lightbulb Created with Sketch. 19
    I think this is about bottom now, although I clearly have no idea because I topped up at 17c again. I averaged down as well and feel a lot more comfortable than I have in a good while, buying in March/April was a bonus... although I am still in the red, but no intentions of selling anytime soon.
    I agree with Narsingani, things appear to be back on track and within a year or two I expect the SP to be significantly higher. As the earnouts are finished, new business model + cost savings put across a full business year without any negative Covid impact. In may take longer than my estimate, but the reward for waiting will hopefully be large. With divendends on the future horizon it may not take too many years to regain my total outlay.
 
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