PCK

5.56%

3.8¢ painchek ltd

Just a cautionary note thats all nothings guaranteed. I am...

First 32 Last

Share
Profile

Follow
stockman49

648 Posts.

101

07/08/23

11:35

Post #: 69197911
Share

Just a cautionary note thats all nothings guaranteed. I am planning to ad to PCK holding as it definitely appears to be increasing its foot print. Time will tell as it will take time.

PS happily picked up more MSB at its new lows.

Originally posted by fattchoi: ↑

If I understand correctly, the problem with MSB is that their management failed to comply to the FDA wishes. FDA said you need to do this last time round. But the management thinks they know better and do it their way instead. And sure enough, FDA is now saying again, 'YOU NEED TO DO THIS!'. Hence their shareholders get bitterly disappointed.

Over here, PD and team has been in full collaboration with the FDA. This is why it is taking so long and is a slow process. At each juncture, PCK would be in touch with the FDA to ensure it is doing what the FDA required and adjust if required. And so far, it is progressing nicely, as is prescribed by the FDA. The FDA will get what the FDA wants. Anything else, and you are running the risk of them saying NO outright. All these collaboration coupled with real life application out there in reputable countries like Australia, England, NZ, Singapore, etc will put weight in the FDA decision making here. Nothing is a guarantee but this is as good as a sure thing already.

You are spot on there. Just the aged care sector will ensure PCK will reach that revenue neutral status and more. Everything else like the children, hospital, pharmacy, homecare, etc sector, are all going straight into the bottom line. Just a matter of time when anyone who holds shares at today's price are going to be free carried when the dividend starts flowing. And that is ignoring what the capital gains would be by then!

Expand

PCK Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

HLX

Helix investor makes partial takeover bid, proposing board changes

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

There are more pages in this discussion • 10 more messages in this thread...

First 32 Last

Add PCK (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change 0.002(5.56%)		Mkt cap ! $62.16M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.4¢	$42.42K	1.224M

Buyers (Bids)

No.	Vol.	Price($)
2	590909	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	29999	1

View Market Depth

No.	Vol.	Price($)
2	590909	0.033
3	491121	0.032
5	822340	0.031
6	3901000	0.030
3	1020000	0.029

Price($)	Vol.	No.
0.038	29999	1
0.042	305579	2
0.043	250000	1
0.044	424004	3
0.045	340000	3

Last trade - 16.10pm 30/08/2024 (20 minute delay)

PCK (ASX) Chart

Just a cautionary note thats all nothings guaranteed. I am...

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Helix investor makes partial takeover bid, proposing board changes

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Just a cautionary note thats all nothings guaranteed. I am...

Top Stories

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Helix investor makes partial takeover bid, proposing board changes

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News