PGC paragon care limited

I have done the calculations, the average number of share on...

  1. 3,700 Posts.
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    I have done the calculations, the average number of share on issue increased by 22.7%
    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0 Ann Date Issue Date   Days Shares Total shares X Days
    1 4/04/2017 1/07/2017   365 165,018,009 165,018,009 60,231,573,285
    2 14/08/2017 14/08/2017   321 525,920 165,543,929 168,820,320
    3 3/10/2017 6/10/2017   268 670,677 166,214,606 179,741,436
    4 25/01/2018 25/01/2018   157 550,898 166,765,504 86,490,986
    5 19/02/2018 19/02/2018   132 36,694,414 203,459,918 4,843,662,648
    6 19/02/2018 5/03/2018   118 25,077,179 228,537,097 2,959,107,122
    7 2/03/2018 2/03/2018   121 8,823,338 237,360,435 1,067,623,898
    8 6/03/2018 5/03/2018   118 34,483,923 271,844,358 4,069,102,914
    9 11/04/2018 12/04/2018   80 1,203,572 273,047,930 96,285,760
    10 12/06/2018 12/06/2018   19 10,600,000 283,647,930 201,400,000
    11           Total 73,903,808,369
    12           Days 365
    13           Average 202,476,187
    14           % increase 22.7%


    The increase in profit is harder to calculate, as all the details, settlement dates and profit has not been announced, however we do know:
    Original EBITDA forecast $18.5 m (average of range)

    On 24/4 they announced they had already settled acquisitions with $11 m full year EBITDA ,
    Thus we can expect 68 days X 11 / 365 = $2.05 m EBITDA from that time,
    That represent an 11% increase in EBITDA.

    However we do know the acquisitions had been over time, so we should get a much larger EBITDA contribution than the $2 m calculated.

    Thus any reduction in EPS due to the timing of share issues should be minimal.

    On a full year basis, looking forward to FY19, the acquisitions should contribute highly to EPS.
 
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