Sorry, I am very junior. Mercy please! I am not saying this stock price is going down. I have no intention to predict the share price. In fact, you can see my sentiment is None.
But just to answer your question: In 7 years time, they raised $54 million, newly borrowed in $39 million debts and paid $3.3 million dividends so that they have $89 million to acquire $72 million worth of PROFITABLE businesses.
This stock could be a ten fold successful pick but this worst analysis you've ever seen is not investment advice. Nobody should care about what I said since there are so many best analysis already in this forum.
Can I confess one of my many worst analysis to you too? I did a SMART-ASS research in the stock SHM and thought its business was bad since I saw SHM's brands white goods were barely displayed in major retailers stores like Harvey Norman, JB Hi Fi, Bing Lee or Bunnings when the price was 83 cents.
Now it soars to $1.27. I am so wrong. I don't know nothing about stock price!
I promise to leave PGC.
PGC Price at posting:
81.5¢ Sentiment: None Disclosure: Not Held
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