-
08-10-2015, 06:54 AM
#181
Thanks Mark100.
I did forget there is a difference between SPPs and "top ups".
-
08-10-2015, 03:59 PM
#182
Originally Posted by KW
Oh well, if there is a market crash and the share price plummets, we will all be sending the MD a big thank you for not taking our money
Market crash means more people with health issues.
More health issues means the better PGC will do.!
lol.
-
08-10-2015, 04:22 PM
#183
Originally Posted by KW
Not if they all just jump out of windows
Have you in all your gloom considered going long on IVC.?
-
09-10-2015, 01:01 PM
#184
Junior Member
PGC have a bit of history with misplacing stock in a CR. That is what sent the share price from 45c to 22c last time. Lets hope they leant their lesson.
-
30-11-2015, 10:11 PM
#185
Upbeat addresses at ASM today – continues to show good growth – both organic and from EPS accretive acquisitions, and recent buys trading positively since acquisition. With a low fwd PE, solid balance sheet, great management track record, sector tailwinds and plenty of scope for years of further growth in fragmented industry, there’s a lot to like
-
01-12-2015, 07:30 AM
#186
Originally Posted by DarkHorse
Upbeat addresses at ASM today – continues to show good growth – both organic and from EPS accretive acquisitions, and recent buys trading positively since acquisition. With a low fwd PE, solid balance sheet, great management track record, sector tailwinds and plenty of scope for years of further growth in fragmented industry, there’s a lot to like
A good summary.
PGC used to sell mainly "equipment",such a hospital beds,however the acquisitions into "consumables",has greatly improved stock turns and cashflow.
Now that the turnover is over $100mil, I think we will see PGC use their cashflow/balance sheet strength to do more earnings per share accretive acquisitions.[consumables]
They are gaining momentum,so the next few years should be fun.
Last edited by percy; 01-12-2015 at 07:33 AM.
-
08-02-2016, 01:26 PM
#187
A cracker interim result today.
Revenue......... up 185%
Profit after tax..up 215%
eps..................up 87%
In my previous post I mentioned PGC's move to more "consumables".They expect FY16 to be 50% "equipment",50% "consumables" and FY17 "comsumables" will amount to 70%.Great for cashflow.Although "comsumables" attract a smaller gross margin PGC's margins remain very healthy.
The acquisitions have placed PGC in a strong position for continued growth.The business just keeps getting better.
-
08-02-2016, 10:55 PM
#188
Originally Posted by percy
A cracker interim result today.
Revenue......... up 185%
Profit after tax..up 215%
eps..................up 87%
In my previous post I mentioned PGC's move to more "consumables".They expect FY16 to be 50% "equipment",50% "consumables" and FY17 "comsumables" will amount to 70%.Great for cashflow.Although "comsumables" attract a smaller gross margin PGC's margins remain very healthy.
The acquisitions have placed PGC in a strong position for continued growth.The business just keeps getting better.
Indeed they keep delivering. EPS last three halves: 1.27c, 1.93c, 2.38c; they're fairly coy about FY results - how do you think the numbers will pan out Percy? (or anyone who can hazard a guess)
-
09-02-2016, 07:07 AM
#189
Originally Posted by DarkHorse
Indeed they keep delivering. EPS last three halves: 1.27c, 1.93c, 2.38c; they're fairly coy about FY results - how do you think the numbers will pan out Percy? (or anyone who can hazard a guess)
Not sure.But will be well up on the 2.38c of this half.
With positive commentary, and new acquisition earnings coming through,the eps is certainly growing rapidly.
I think their projections of "consumables" growing to 70% of revenue points to very high growth rate continuing."Equipment" sales will always remain lumpy,but very profitable.
Cashflow in the next half should be excellent,which should give them the capacity to do further modest "bolt on" acquisitions.
-
02-05-2016, 08:14 PM
#190
Another very positive update out today.
Stronger control of debtors and stock has resulted in much stronger cashflow.
Outlook excellent.
Tags for this Thread
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
|
|
Bookmarks