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1.59%

62.0¢ pioneer credit limited

Ann: 1H19 Media Release, page-62

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120 Posts.

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28/02/19

11:36

Post #: 37600792
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Originally posted by fourhofthea: ↑

Its not a binary result. If they miss target and only get to, say $17.6m profit (ie same as 2017/18), its still a positive result, just not the one that they targeted. I think that the market has already factored into the SP that they might miss, but chances are they will still be paying a dividend at year end.

The key risk might not be around their operational capability or capacity to deliver, but whether they can satisfy PWC that fair value through P&L is the appropriate accounting treatment for their major asset.

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They have set it up as a binary result. The confidence that they will reach their forecast target means anything less will shred their creditability. Because of the inherent risks in these businesses and the opaquness of the accounts, creditability is everything.

PNC Price at posting: $2.37 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 62.0¢		Change -0.010(1.59%)		Mkt cap ! $73.69M

Open	High	Low	Value	Volume
61.0¢	62.0¢	60.0¢	$109.8K	179.1K

Buyers (Bids)

No.	Vol.	Price($)
1	2071	62.0¢

Sellers (Offers)

Price($)	Vol.	No.
62.5¢	1	1

View Market Depth

No.	Vol.	Price($)
1	62500	0.480
1	36200	0.470
1	1816	0.465
1	20000	0.460
1	10000	0.455

Price($)	Vol.	No.
0.490	47333	1
0.500	3000	1
0.505	432	1
0.510	85615	2
0.520	904	1

Last trade - 13.39pm 18/11/2024 (20 minute delay)

PNC (ASX) Chart

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