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

[Well Endowed]

82.5c, broken through the 200day MA. Has been a nice bounceback the past couple weeks.

[DarkHorse]

That's said to be important for ASX midcaps - esp with very sound fundamentals and value like PGC - to come within the buying criteria of the main LICs.

[Well Endowed]

another acquisition:

https://www.asx.com.au/asxpdf/201806...69tvgtnl11.pdf

[jg8512]

another acquisition:

https://www.asx.com.au/asxpdf/201806...69tvgtnl11.pdf

a kiwi company. sounds like a good business and a nice pick-up. I wonder how many acqns they target - at what point do they stop acquiring, consolidate and drive a re-rating from improving business performance; or do they just keep acquiring

[macduffy]

a kiwi company. sounds like a good business and a nice pick-up. I wonder how many acqns they target - at what point do they stop acquiring, consolidate and drive a re-rating from improving business performance; or do they just keep acquiring

I agree, the sort of company that EBO might have run the ruler over. I wonder if they ever did - and if so, why it escaped their net?

[winner69]

I agree, the sort of company that EBO might have run the ruler over. I wonder if they ever did - and if so, why it escaped their net?

Maybe not big enough for EBO .....or not prepared to pay the asking price

[winner69]

What caused the shareprice falling from 90 cents odd to 70 cents odd a few months ago

[percy]

What caused the shareprice falling from 90 cents odd to 70 cents odd a few months ago

Although revenue had increased eps had not, as there a lot of new shares,from acquisitions payments and a capital raise.

[percy]

I agree, the sort of company that EBO might have run the ruler over. I wonder if they ever did - and if so, why it escaped their net?

I doubt there is a business in Australasia, in their field, EBO has not run their ruler over.
As W69 pointed out most probably too small for them.
Been awhile since EBO did a big acquisition.Maybe another one soon.?

[winner69]

Although revenue had increased eps had not, as there a lot of new shares,from acquisitions payments and a capital raise.

So it’s really important they deliver the touted 20% increase in eps (proforma) in FY19 plus the 10% from the latest announced acquisition ..or else the market might pack another sad