PNC 1.90% 51.5¢ pioneer credit limited

Good luck for the future.A good financial measurement is the net...

  1. 574 Posts.
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    Good luck for the future.

    A good financial measurement is the net debt to equity ratio. Ideally this should be less than 50% to 60%.

    You should take a look at Pioneer Credits current net debt ratio after the restructure and then compare it with other companies you have invested in and also the broader market.

    Disclosure : I no longer own shares in PNC. I held and didn't sell out early enough when the warning signs became obvious. I lost $46k on this experience. I blame the poor business perfomance since 2018 and ultimately the weak share price on the poor management decisions of the CEO and Board.









 
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