PRN 0.50% $1.01 perenti limited

Ann: Perenti announces idoba acquisitions and Sumitimo agreement, page-6

  1. 2,225 Posts.
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    A few reports saying mining services should be in favour after another favourable run with miners and minerals. However PRN just seems to be stuck in a rut. This End of year report will be probably the most important release in the last few years to see how the Bus. is tracking on their 5 years strategic plan, profit margins and labour/covid headwinds and most importantly announce a new Nth American or other contract (at profit).
    If the numbers llok good and they can maintain a 2c div at least the i hope we ar back at the $1 range. If not i need to trim my holdings as just not performing and gains can be made elsewhere.
    my 3rd largest holding and i had a soft spot for the old ASL when she was paying me more divs than MQG and was my top % return for a while. Now i am just below break even with all those old purchases below 30c = not happy Jan
 
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