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

[bowser]

Took a position as soon as it broke 40c resistance. I see 50c as the next stop, then free sailing.

[DarkHorse]

Took a position as soon as it broke 40c resistance. I see 50c as the next stop, then free sailing.

This is my only real conviction stock on the ASX at the moment. Need to find a few more quick - well timed buy financially, but missed some big gains for the all important competition!

[bowser]

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.

PME are another that are going strong - maybe a little too strong at the moment.

[percy]

I am most impressed with todays result.
Management have successfully taken the business up to the next level.
The $2.7 mil turnaround in operating cash flow from -$627,397 to $2,092,398 is outstanding.
The move to "consumerables" is paying off.
With revenue and margins well up, we are seeing a huge increase in after tax profit.
With sound capital management,a strong balance sheet, I think we will see growth accelerate,with further acquisitions funded from existing resources.

[babymonster]

The sp didn't like it that much.. Possibly dragged down by the whole market

[DarkHorse]

I am most impressed with todays result.
Management have successfully taken the business up to the next level.
The $2.7 mil turnaround in operating cash flow from -$627,397 to $2,092,398 is outstanding.
The move to "consumerables" is paying off.
With revenue and margins well up, we are seeing a huge increase in after tax profit.
With sound capital management,a strong balance sheet, I think we will see growth accelerate,with further acquisitions funded from existing resources.

Couldn't agree more - these guys tick all the boxes! Great company at a great price.

[percy]

The sp didn't like it that much.. Possibly dragged down by the whole market

The whole market must be in a better mood today,as it has marked PGC up 4cents to 50 cents.!!! lol.

[Joshuatree]

And a 0.6c div for the half.

[babymonster]

Unable to get some yesterday. Should put a higer bit.. Errrr

[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 16-11-2014.
I am enjoying the share price upward trajectory.Today 52.5 cents and rising??? !!!