I had to say you had me doubting myself for a sec and had to go back and check as well. Always good to have people forcing you to back up your position.
The company are forecasting 15.7-16.7mil EBITDA for FY17 and if they hit that range then EPS should be around 6-6.3c.
Earnings have always been significantly weighted to 2H (2H16 NPAT was 63% higher than 1H16). I dont think the market has taken this into account and has overreacted to the fall in EPS in the HY report.
If they hit 6.3c EPS then this will re-rate to around $1 pretty quick. Good buying opportunity.
PGC Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held
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