I'd go further and say its a good result given the guidance. As discussed earlier, they are falling over themselves to undersell the results, but there is a lot to like. Cash conversion was strong, balance sheet is strong, online sales and online outlook is strong, and once you add back the one offs (which are truly one offs in this case - not like the PSZ result posted today) the result was solid in a tough environment.
That said, wouldn't surprise me if the majority owner lobs another low ball bid shortly to try and pick up the rest of PGR on the cheap.
- Forums
- ASX - By Stock
- PGR
- Ann: FY2018 Half Year Results Announcement
Ann: FY2018 Half Year Results Announcement, page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online