PGW - PGG Wrightson

[winner69]

(1450 / 1250 ) * ( 72 / 65 ) = 1.285

A 28.5% increase

PGW share price +26% and GDT prices +28% in same period

That’s spooky possums ….really spooky

[Snoopy]

According to The Economist's​ latest “burgernomics” update, a Big Mac cost NZ$7 in New Zealand and US$5.81 in the United States, making the implied exchange rate $1.20.


But the real exchange rate was $1.52, suggesting the New Zealand currency was 20.9 per cent undervalued against the greenback.


How's that change the model, Snoopy

You have a 'beef' with my figures ;-P? (Actually you should have, but fortunately SL has corrected them!)

SNOOPY

[maclir]

You have a 'beef' with my figures ;-P? (Actually you should have, but fortunately SL has corrected them!)

SNOOPY

No beef! We all know PGW has got the special sauce.

[Balance]

https://www.stuff.co.nz/national/127...rock-star-farm

Couple awarded $1.7m damages from PGG real estate over farm misrepresentation.

[Sideshow Bob]

Record FY22 half year result and guidance upgrade - NZX, New Zealand’s Exchange

Results Summary & Dividend
PGG Wrightson Limited (“PGW”)* today announced its results for the first half of FY22.
Highlights of the first six months to 31 December 2021 included:
 Revenue of $552.4 million (up $53.0 million or 11%)
 Operating EBITDA** of $47.4 million (up $7.8 million or 20%)
 Net Profit after Tax (“NPAT”) of $22.5 million (up $5.5 million or 32%)
 Total Shareholder Returns*** of +55%
 Increased fully imputed interim dividend of 14 cents per share
 Record first half year result with very strong performances from our Retail and Real Estate businesses
 Strong balance sheet that continues to support growth ambitions for the business and renewed and extended bank facilities
 Increased Operating EBITDA guidance for the full year of around $62 million

[winner69]

Last year ebitda was $56m ....a month or so said 'around $58m' ...and now its going to be 'around 62m'

Probably end up at $66m plus

[percy]

An excellent result.
Rural sector is doing NZ proud.

[sb9]

Interim divvy last year 12c and final 16c, current year interim 14c and based on upgraded outlook can expect final to be 18c. Nice stock to hold

[Beagle]

Operating EBITDA over $47m in the first half but full year guidance of only $62m ? WOW, that's some serious seasonality to the business right there !

[winner69]

Operating EBITDA over $47m in the first half but full year guidance of only $62m ? WOW, that's some serious seasonality to the business right there !

You can see why they HAD to increase full year guidance from $58m to $62m eh

Could say that is an upgrade of 40% (h2 from 11 to 15m)