Apparel is a really tough market at the moment: nobody has any money, retailers are going down like flies, malls are cutting rents.
The repositioning of Designworks to basics has lifted revenues, though not profits.
It sounds disappointed at slow progress in Jets International. Swimsuits is a fickle business.
PGR met its modest guidance, kept the business alive and carries no debt. It is worth much more than its $19.5m market cap. A survivor.
Will we see the price go up? Who can say.
Ash
- Forums
- ASX - By Stock
- Ann: FY2019 Full Year Results Investor Presentation
Apparel is a really tough market at the moment: nobody has any...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online