sharetrader
Results 1 to 10 of 1533

Thread: PAZ Pharma Zen

Threaded View

  1. 06-08-2020, 09:42 AM #11
    Beagle
    Beagle is offline
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    A truly outstanding result that exceeded my best expectations. Its well worth noting that PAZ has a history of very conservative forecasting, last year at this time they forecast $2.8m NPBT and did over $4m so their full year sales and EDITDA forecast for FY20 looks very conservative to me.

    Net profit up 57% to $2.9m encompassing the full period of the Covid 19 lockdown...that's truly remarkable ! This company has such an exciting future.
    Last edited by Beagle; 06-08-2020 at 09:53 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Bookmarks

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