PNC 3.17% 61.0¢ pioneer credit limited

Ann: AGM Chairman's Address and Chairman and MD Presentations, page-7

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  1. 1,520 Posts.
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    The year 1 metrics would be effected by the size of the year 2 portfolios. ie. the previous year 1 is a large portfolio, which is now a large year 2 portfolio, distorting the ratios. 

    My understanding is the FY19 (year 1) PDP is high quality but similar in size of the previous year as they diverted funds to the lending portfolio.

 
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