The quarterly highlights the real growth we can expect from PGC over the next few years
NO sales as yet from Scan-medics , but more importantly is the difference in cash receipts for the corresponding periods
2013 $3.9 million
2014 $5.7 million
More than 40% increase in cash receipts for the corresponding period bodes well for the 2014/15 results.
The quarterly does not tell us profit , but it does show revenues are up , and by a big number !
Looking forward to seeing the commentary around future profit and EPS at the AGM
Should be 50 cents but clearly there is a bot of selling around at the moment , when it breaks the 35/36 level we should see clear sailing to 50 in my view
PGC Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)