Paragon Care Ltd ("PGC") - Healthcare upside!!

[percy]

I made some enquiries to the company re the fall.

They are not aware of govt and/or other changes in the industry that will negatively affect them.

The business continues to trade well, as usual the second half will be stronger than H1 and current order book supports that view. So in summary, nothing for them to disclose to the market

Thank you for checking with the company and letting us know.

[DarkHorse]

My largest holding. Nice to see most of my favourite posters are on the same page - literally!
Thanks also Mark100, have missed your posts. I hope you see your comp picks too.

[mark100]

ps hope your entering the ASX comp this year

My largest 5 holdings at the moment are CBL, FID, FIG, KKT and PGC. I doubt there is enough blue sky in any of them to win a tipping comp so I might need to look further down the holding list to find a bit more potential upside

[Joshuatree]

PDF Half year out Rev and profit up re 42% .NTA down to - 8.6c.
EPS 2.2c share down a little.Expectations fore 3-3.5c share!!.Shares diluted from 110.7 mill to 163.5 mill shares.
1.1c interim div.

[Joshuatree]

Punished s/p down 13% to 71c atm.Was a strong sentiment fave.

[mark100]

Punished s/p down 13% to 71c atm.Was a strong sentiment fave.

Very disappointed after being under the impression we would be getting something better than that. Failed on many of my metrics so it was sold asap

[Joshuatree]

Im usually too slow to interpret and bail promptly like that but luckily for me its lifted and i got 75c; ok from a 60c buy-in but still a disappointment; sa la vie in the investing game. Good luck to holders for an improved EPS performance.

[Snow Leopard]

Looks like FY EBITDA will be less than my guess and thus, probably, so will be all the other important numbers.

I will do a new valuation and then make a decision from there.

But the good news is I am off to see The Lego Batman Movie in a while, so overall a happy day.



Best Wishes
Paper Tiger

[percy]

Offcourse I was bitterly disappointed with the result.
The real test is eps growth.PGC's eps were down 4%.A lot riding on a very good second half to improve stock levels and cash flow.
From research we see a PE of approx 13 while eps growth going forward should be over 15% for the next two years.
Because of my liking of the sector I have decided to hang onto my PGC shares in the meantime.

[Entrep]

With EPS down after all those acquisitions something is seriously wrong.