And again today... over 160,000 shares traded in the day at...

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CDO22

1,116 Posts.

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14/08/23

16:32

Post #: 69330078
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Originally posted by CDO22: ↑

Selling 15,000 shares @ $0.27? Hummm, someone is pushing this SP down. Wonder why... It is quite shocking to see a lender with a $780mio book at 27% NIM and 12.7% credit provisions be worth $44mio... Even with say 5% brokerage costs, the net NIM would be something like 10%. Don't know what the adequate multiple is but that values the company at about 50% of annual net NIM... It's definitely not priced in as a sustainable business... Updated my sentiment to Buy until I figure out what I am missing...

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And again today... over 160,000 shares traded in the day at +7-10%, and 250 back down to close negative... Fun & games here... I wonder who cares for so little?

PGL Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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And again today... over 160,000 shares traded in the day at...

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