Thanks, Darkhorse. I don't put a lot of store on analysts' valuations but the info on the sector and PGC's business is first class.
:)
Printable View
Bit of life in PGC's share price over the past few days.
Shaw and Partners have initiated coverage with a 12 month target price of 95c.
http://www.paragoncare.com.au/wp-con...2017-07-04.pdf
Neat.
Another of my 'I am sure I know I better than the market about this share' where the market is currently deciding to come round to my way of thinking.
Only hope that it continues that way or that the market gets really optimistic :).
Best Wishes
Paper Tiger
What a great start to the reporting season, with PGC delivering the goods.
eps growth of 11%.
Strong cash flow.
End of year cash holding of $18.6 mil, means another acquisition must not be far away.
The substantial increase in the divie is the icing on the cake.
Ys, a strong result, percy, reflecting in the 8.6% jump in the shareprice today!
Did you see the inclusion of "expand the sales footprint to Queensland, South Australia and New Zealand" as a new initiative in the presentation? Potential competition for EBO there.
Missed that as I missed the presentation.!!
Thanks for altering me.
EBO used to sell their beds a few years ago.
Now you can laugh at this,: I asked EBO CEO, Patrick Davies, at last year's EBO agm about PGC.Said he had never heard of them.!!!
Maybe he will now.?!!!...lol.