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yes the benefit or mergers takes time. At least 1yr. EPS should...

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jokerlee

914 Posts.

78

13/03/24

09:37

Post #: 72859670
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Originally posted by Grooveamarda: ↑

If you check in the expense report for the half year. PRN incurred $18.8M in consulting fees over 6 months. At a guess probably 30-50% is attributed to merger and a one-off hit. DDL aquisition costs was $5.8M and expensed as other expenses, post the merger.

Merger benefits on the cost side are estimated to be OPEX savings of $22M YOY.
HR and Pay-role consolidation.
Finance, Risk / Support team rationalisation.
IT stack consolidation.
DDL bad debt written-off a one-off item.
Site rationalisation.
Sales team rationalisation / reduced competition in the market-place.

Punchline... well need to wait until September reporting season to see merger benefits.

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yes the benefit or mergers takes time. At least 1yr. EPS should grow if its a good acquisition like this one.
PRN Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.00		Change -0.005(0.50%)		Mkt cap ! $953.7M

Open	High	Low	Value	Volume
$1.00	$1.01	99.0¢	$1.657M	1.660M

Buyers (Bids)

No.	Vol.	Price($)
4	18896	99.0¢

Sellers (Offers)

Price($)	Vol.	No.
$1.00	45874	1

View Market Depth

No.	Vol.	Price($)
4	18896	0.990
4	18334	0.985
1	8000	0.980
1	4123	0.970
3	61471	0.965

Price($)	Vol.	No.
1.000	45874	1
1.005	9996	2
1.010	132170	11
1.015	16400	1
1.020	179360	9

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last 99.8¢			Change -0.005 ( 0.78 %)
Open	High		Low	Volume
99.5¢	$1.01		99.0¢	2286638
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