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PAC

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0.49%

$10.20 pacific current group limited

Hi @JCoureI should have mentioned that Ords has a target share...

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lost

2,784 Posts.

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03/03/22

06:45

Post #: 59941583
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Originally posted by lost: ↑

Hi @JCoure

100% agree! I wouldn’t be selling PAC under $10 at the moment. Morningstar valuation is at $9.15.

Ords is expecting to see growth double digit growth over the next two years too - 10.3% FY22 and 20.5% FY23. Not many businesses have such good growth prospects at the moment. This is on the back of VPC, ROC, Banner Oaks and GQG.

Throw in some leverage and buy a couple of additional Banner Oaks, growth should be double digits into FY24 and increase FY23 to more than 30%.

There is definitely some rapid growth in the years ahead for PAC.

Best of Luck
Lost

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Hi @JCoure

I should have mentioned that Ords has a target share price of $11.30 due to this growth and a future net asset value, this is up from $11 previously.

Best of Luck
Lost

Last edited by lost: Updates 03/03/22

PAC Price at posting: $7.67 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $10.20		Change 0.050(0.49%)		Mkt cap ! $526.0M

Open	High	Low	Value	Volume
$10.08	$10.25	$10.08	$94.19K	9.278K

Buyers (Bids)

No.	Vol.	Price($)
1	131	$10.13

Sellers (Offers)

Price($)	Vol.	No.
$10.22	5000	1

View Market Depth

No.	Vol.	Price($)
1	131	10.130
1	131	10.120
1	131	10.110
1	131	10.090
1	2000	10.070

Price($)	Vol.	No.
10.220	5000	1
10.230	131	1
10.240	131	1
10.250	3131	2
10.270	718	2

Last trade - 16.10pm 29/04/2024 (20 minute delay)


Last $10.21			Change 0.050 ( 0.16 %)
Open	High		Low	Volume
$10.12	$10.22		$10.08	2658
Last updated 15.59pm 29/04/2024 ?

PAC (ASX) Chart