-
20-10-2020, 10:22 AM
#5021
They noted a Rural and Lifestyle property uptick. Happy farmers; Happy Wrightson's. Good to see dividends are being resumed, all things remaining equal. Has it paid back the covid wage subsidy?
-
20-10-2020, 10:28 AM
#5022
Originally Posted by Bjauck
They noted a Rural and Lifestyle property uptick. Happy farmers; Happy Wrightson's. Good to see dividends are being resumed, all things remaining equal. Has it paid back the covid wage subsidy?
Why would & why should PGW pay back the wage subsidy?
The company lost $5m in the half year to 30 June 2020 due to the lockdowns. Reason why they did not pay a final dividend.
Last edited by Balance; 20-10-2020 at 10:42 AM.
-
20-10-2020, 10:39 AM
#5023
Originally Posted by Balance
Why would PGW pay back the wage subsidy?
If I understand the release correctly, annual FY2020 Ebitda is forecast to increase.
-
20-10-2020, 10:43 AM
#5024
Forecast profit increase is for F2021, actually.
Note reply above - they lost $5m in second half of F20.
-
20-10-2020, 11:15 AM
#5025
Originally Posted by Balance
Forecast profit increase is for F2021, actually.
Note reply above - they lost $5m in second half of F20.
You are right. I had my reporting periods confused.
-
20-10-2020, 11:16 AM
#5026
Originally Posted by Bjauck
…. Has it paid back the covid wage subsidy?
I would hope not. They went 7 weeks without being able to operate as normal and to begin with they had no idea how long it would last. The options were to accept the subsidy or lay off staff. They chose the correct option in retaining staff.
-
20-10-2020, 11:39 AM
#5027
Nice announcement 8c plus interim likely. A real wallet warmer.
-
20-10-2020, 05:19 PM
#5028
Member
Originally Posted by Balance
Time to revisit your assumptions, Snoopy.
Big picture to me is still the same however - what price will Beijing pay to takeover PGW.
Think it is going to have to be closer to $3.50 now than $3.00.
I agree, they won't get my shares at $3.00
Originally Posted by Snow Leopard
Nice announcement 8c plus interim likely. A real wallet warmer.
Absolutely, will be looking forward to this warming my wallet next April like you say!
I like how it was written
"...it is the expectation of the Board that an interim dividend of not less than 8 cents per share would be declared..."
Potential upside for sure.
-
21-10-2020, 03:30 PM
#5029
Junior Member
Did anyone go to AGM yesterday? Very curious to know how it went, and if any interesting questions were asked.
-
21-10-2020, 08:09 PM
#5030
Member
BCA (Beijing) buying up big again... over $2million splashed out to buy 766k shares at average of $2.73 last couple of weeks.
Originally Posted by Roberto the Brickie
Did anyone go to AGM yesterday? Very curious to know how it went, and if any interesting questions were asked.
You can find the details on the PGW website.
Last edited by Norwest; 21-10-2020 at 08:11 PM.
Reason: typo
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks