It's really at a nothing price right now.
If there's negligible impact from government policy changes, PRY is trading at an all time low P/E.
If the there is impact, then earnings could easily take a 20% hit and more.
All it takes is for one investor to be in the former camp and it's a bargain.
The other thing I've gotten advice about is its lower cash flow compared to NPAT, specifically to do with the accounting for the up front contract fee (500k last time I read) to new GPs, which is counted as an acquisition asset rather than a contract expense.
It's really at a nothing price right now. If there's negligible...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.46 |
Change
0.010(0.69%) |
Mkt cap ! $1.065B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.48 | $1.46 | $1.247M | 849.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 21727 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 32005 | 51 |
View Market Depth
| Last trade - 14.49pm 12/07/2024 (20 minute delay) ? |
| HLS (ASX) Chart |