Mr market makes no sense. If we just look at PPT’s results announcement…..profits rose +21% and beat analyst’s estimates. Divi up +18% on LY and in total now the divi yield is 7.7% on the closing price ($2.09 / $24.45)….and that too fully franked! PPT is buying PDL for a song…..it will pay the debt it is taking to fund the cash component in 3 years and will extract c$50m of annual synergies post the acquisition…. This is a buy buy buy to me
Ann: FY22 Result Announcement, page-24
-
- There are more pages in this discussion • 14 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 PPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.10 |
Change
-0.150(0.67%) |
Mkt cap ! $2.538B | |||
| Open | High | Low | Value | Volume |
| $22.33 | $22.40 | $22.07 | $2.898M | 130.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 818 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 214 | 4 |
View Market Depth
| Last trade - 14.39pm 26/07/2024 (20 minute delay) ? |
| PPT (ASX) Chart |