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0.58%

$10.34 pacific current group limited

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

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lost

2,796 Posts.

1132

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 $10.34		Change -0.060(0.58%)		Mkt cap ! $532.7M

Open	High	Low	Value	Volume
$10.50	$10.50	$10.28	$101.0K	9.729K

Buyers (Bids)

No.	Vol.	Price($)
2	130	$10.34

Sellers (Offers)

Price($)	Vol.	No.
$10.36	41	4

View Market Depth

No.	Vol.	Price($)
2	130	10.340
2	2040	10.330
1	924	10.320
2	176	10.310
1	2400	10.300

Price($)	Vol.	No.
10.360	41	4
10.380	160	1
10.390	267	2
10.400	1317	2
10.420	160	1

Last trade - 14.28pm 16/05/2024 (20 minute delay)


Last $10.34			Change -0.060 ( 0.77 %)
Open	High		Low	Volume
$10.37	$10.40		$10.29	602
Last updated 14.29pm 16/05/2024 ?

PAC (ASX) Chart