PPG
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2.56% 8.0¢ pro-pac packaging limited

I think they'll be forced to kill the dividend.According to last...

  1. AngryPrawn
    709 Posts.
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    22/02/19
    14:25
    Post #: 37532614
    I think they'll be forced to kill the dividend.

    According to last financial year's AGR, the company uses a 10.7% internal rate of return.  Based on the accounting rules, any intangible impairment occurs when the present value of a future-cashflow becomes less valuable.  That means that this 149 million impairment is the company telling us that they expect to see a significant drop in revenue going forward. 
    PPG Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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8.0¢ 		Change
0.002(2.56%) 		Mkt cap ! $14.53M
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8.0¢ 8.0¢ 8.0¢ $240 3K

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Price($) Vol. No.
9.0¢ 18400 1
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