PGC 0.00% 44.0¢ paragon care limited

The 2011/12 result was a bad year as far as EBIT was concerned...

  1. 5,980 Posts.
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    The 2011/12 result was a bad year as far as EBIT was concerned .

    Revenue was $16 m

    EBITDA $667,000 ( 3.75% of revenue ) . LOW !!!!!

    Debt was $6.6 million but down from $8.1 million the previous year .

    As a long term holder I think a dividend is a good reward to long term holders but would hope the debt has again been reduced by more than last years $1.5m reduction .

    If the debt is not reduced to well under $5m I as a long term holder would be happy to forego the dividend and see the company get the debt lower and lower to eventually nil in the next 2-3 years

    The savings on lower debt might actually be better than a dividend if it is still over $5m
 
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