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

[percy]

I found both the Chairman's comments and the agm presentation very positive.
New $10m bank debt facility will help fund further eps accretive acquisitions,and organic growth.
The company is gaining critical mass.
I added to holding on Thursday at 35 cents.

[noodles]

Here is my latest calculation of earnings

	FY15	Proforma - due to 1 oct aquistion
EBITDA	4000	company estimate
DA	400
ebit	3600	company estimate
Interest	500
npbt	3100
Tax	868	28%
NPAT	2232
eps	0.033
pe	10.57

So still lots of potential for pe expansion.

[percy]

Here is my latest calculation of earnings

	FY15	Proforma - due to 1 oct aquistion
EBITDA	4000	company estimate
DA	400
ebit	3600	company estimate
Interest	500
npbt	3100
Tax	868	28%
NPAT	2232
eps	0.033
pe	10.57

So still lots of potential for pe expansion.

Thanks for sharing your projections with us.
I thought things were looking positive,and your figures are better than I was/am hoping for.
I note the eps will increase from 0.02 to 0.033 ie 65%,while the PE with reduce from 17.5 to 10.57.
I have used ANZ Direct Broking figures for current eps and PE.

[Joshuatree]

Yes cheers noodles.

Good announcement today and final payment made for LR Instruments with Gross performance targets exceeded". and

Commenting on recent operating performance Paragon Care’s Managing Director MrMark Simari said, “Based on preliminary financial information, earnings for the firsthalf of the year will be significantly higher than the prior period and will be consistentwith the company’s pro -forma FY15 expectations. In addition, the business continuesto generate strong and stable cashflows, with operating cashflow in the secondquarter expected to exceed the first quarter’s str, ong result. As we move into thesecond half of the year the sales "pipeline looks very strong which will underpinParagon Care’s ongoing organic growth while we continue to look at complementary]acquisitions.” ]

[noodles]

Yes cheers noodles.

Good announcement today and final payment made for LR Instruments with Gross performance targets exceeded". and

Commenting on recent operating performance Paragon Care’s Managing Director MrMark Simari said, “Based on preliminary financial information, earnings for the firsthalf of the year will be significantly higher than the prior period and will be consistentwith the company’s pro -forma FY15 expectations. In addition, the business continuesto generate strong and stable cashflows, with operating cashflow in the secondquarter expected to exceed the first quarter’s str, ong result. As we move into thesecond half of the year the sales "pipeline looks very strong which will underpinParagon Care’s ongoing organic growth while we continue to look at complementary]acquisitions.” ]

I was about to post something on that announcement, but you beat me to it. Great to know everything is on track. I think it should have been a price sensitive announcement.

[noodles]

This one drives me nuts. Its like watching paint dry. Its still in an uptrend so no good reason to sell it. But its so slow going, I might be buying its aged care products before I see a decent return from it. And so much for a good announcement - the price hasnt moved.

At a close of 39.5c, it has broken out of a 5.5 month trading range. Happier now?

[percy]

[QUOTE=KW;525034]This one drives me nuts. Its like watching paint dry. Its still in an uptrend so no good reason to sell it. But its so slow going, I might be buying its aged care products before I see a decent return from it.

Do you know if, and how much discount shareholders get on the aged care products?

[percy]

I found both the Chairman's comments and the agm presentation very positive.
New $10m bank debt facility will help fund further eps accretive acquisitions,and organic growth.
The company is gaining critical mass.
I added to holding on Thursday at 35 cents.

Above posted on 16/11/2014.
Timely.!!
With yesterday's close at 42 cents I am up 20% in two months.

[noodles]

Above posted on 16/11/2014.
Timely.!!
With yesterday's close at 42 cents I am up 20% in two months.

Great buying Percy. It is a challenge to find a stock that is not too speculative and well priced, but will still perform in a very weak Aussie economy and out perform the market. PGC has been a star performer for me too (27c entry).

I also like SDI as a turnaround story with growth. They should have a great FY15 as the AUD and silver price falls. Also trades on very unchallenging multiples. Based on history, I expect a profit upgrade in early Feb.

[percy]

I am finding Aussie difficult,so was pleasing to get PGC right.I now own very few Aussie stocks.A handful of good small caps,and a handful of miners I am embarrassed to admit I am "stuck"with.!
Will watch with interest for SDI's upgrade.