Good point joewolf. I to have been on site and visited the team at PGC. I was impressed with both their showroom and management.
There showroom setup is a great way to showcase their offerings, and can cross sell equipment whilst they have setup for certain customers who are visiting to purchase specific items.
Management are astute, have good direction, and are patient enough with their due diligence prior to purchasing a business. And they are very approachable.
This company is one for the long term for me, and since my on site visit, although the price has slumped, I'm positive and at ease the price will increase in the second half due to sales coming through. A few more acquisitions that offer recurring revenue such as their last one should help with the lumpy earnings.
PGC Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
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