Newbie commenter here. I'm holding PGC - I bought on their way down during March averaging about 15 cents.
I expected a positive pop today as I anticipated they were less impacted by COVID than anticipated. The significant goodwill writedown resulting in the NPAT loss and much lower EPS means I won't hold my breathe for the pop - hope I'm wrong in the morning.
@spacecomquerer A FY22 EPS of 6.6 cents and a share price of 66 cents in 2 years represents a significant buying opportunity to me - 200% ROI on the current share price seems very positive, especially give we're talking about a healthcare supplies business servicing the aged care industry. Seems a very resilient industry with low risk to get those types of returns?
PGC Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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