This deal looks to be a good result for PGC, the $25m write down of goodwill should reduce the taxable income substantially based on the $28m EBITDA forecast.
With a rough figure of approximately $9m to be paid out in dividends, that leaves a good amount to be put towards debt.
Add the $4.5m cash for the sale, $4-5m loss reduction now a positive on EBITDA in future earnings and the savings associated with this divestment and business restructuring... the numbers seem to be working out with my limited accounting capabilities!
Hopefully I'm not too far from the mark as I've just topped up on my holdings again!
This deal looks to be a good result for PGC, the $25m write down...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $744.8M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.0¢ | 45.0¢ | $102.4K | 225.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 61462 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 24434 | 4 |
View Market Depth
| Last trade - 12.42pm 19/07/2024 (20 minute delay) ? |
| PGC (ASX) Chart |