PNC 2.04% 50.0¢ pioneer credit limited

From the recent Shaw & Partners reserach report:· PNC has set an...

  1. 2,786 Posts.
    lightbulb Created with Sketch. 579
    From the recent Shaw & Partners reserach report:· PNC has set an ambitious LTIP target of FY26 NPAT A$18mn (FY23A A$0.2mn.) Implied in this target is the expectation for strong growth in purchased debt portfolios (PDP’s) and a solid expected IRR (from cash collections.)· We believe PNC can grow its debt purchases to A$120mn over the next few years from A$95mn (FY24 guidance.) This should drive an increase in cash collections to over A$200mn by FY26 (FY23A A$128mn.)
    Shaw estimates a Net Proft after ta in FY 26 of $18m and have put a PNC Price Target of 80 cents.
 
watchlist Created with Sketch. Add PNC (ASX) to my watchlist
(20min delay)
Last
50.0¢
Change
0.010(2.04%)
Mkt cap ! $67.34M
Open High Low Value Volume
47.5¢ 50.0¢ 47.5¢ $80.94K 163.5K

Buyers (Bids)

No. Vol. Price($)
1 100000 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 143606 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.