Would liked to have remained a holder but the performance fee (bonus on top of remuneration) charged by the Company's manager (Propel Investments Pty Ltd) is way too steep. Not hard to increase revenue by 8% annually when also increasing debt. The bar is set very low.
- Operating EBIT 12 million = 7.9 million after performance fee removed.
- Performance fee 4.1 million (more than a third of operating EBIT)
- PCP operating EBIT 9.6 million = 1.7 million more than current period when accounting for
performance fee (bonus)
- Dividend of 4 cents / PCP dividend 5.7 cents (down almost 30%)
PFP has the potential to be a winner but Propel Investments Pty Ltd (employed by PFP to manage the business) is milking the profits. Disappointing.
Would liked to have remained a holder but the performance fee...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.70 |
Change
-0.120(2.49%) |
Mkt cap ! $648.4M | |||
| Open | High | Low | Value | Volume |
| $4.82 | $4.82 | $4.70 | $373.6K | 78.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 305 | $4.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.85 | 12501 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| PFP (ASX) Chart |