PRG 0.00% $1.03 prl global ltd

Alerts flashing caused me to look at PRG and spotted managements...

  1. DSD
    15,757 Posts.
    Alerts flashing caused me to look at PRG and spotted managements estimate of FY17 EBITA of 100-110m.

    That puts PRG on a fwd PE of about 3.0!! Good enough for me. Just bought some at $1.498av. Anyone else buying some? But company is not without risk of revealing further bad news.

    PS.As mentioned by earlier poster mind boggling to thing PRG rejected a TO by SPO at $6.11!! PRG has been very badly managed and they bought Skilled just as recruitment for workers crashed. Will PRG now become a TO target again after huge price fall? Does have a string of exc maintenance contracts.
 
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