PEA 0.46% $1.09 pepper residential securities trust no. 30

Have you accounted for effect the Newmont loss will have on FY19...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 520 Posts.
    lightbulb Created with Sketch. 120
    Have you accounted for effect the Newmont loss will have on FY19 revenue/EBIT of the pre-acquisition PEA business?

    I haven't tried to do the numbers - but with Newmont being 16% of their pre-acquisition revenue, I suspect it'll account for a large chunk (if not the all) of the gap you're talking about. Note, this is what led to the substantial SP fall last Nov - so well priced in. I don't think PEA can give us a precise breakdown of this or they would be providing commercial info on margins to their customers and competitors.

    I think these are a reasonable set of numbers - back to growth after the loss of Newmont and the possibility of a good jump in the SP when they pull off a contract/(s) win/(s) that re-deploy the generators currently being used on the Newmont contract.

    I was a hold - but with SP at 53c a posing ... changed to BUY!
 
watchlist Created with Sketch. Add PEA (ASX) to my watchlist
(20min delay)
Last
$1.09
Change
0.005(0.46%)
Mkt cap ! n/a
Open High Low Value Volume
$1.09 $1.09 $1.09 $80.13K 73.80K

Buyers (Bids)

No. Vol. Price($)
3 20979 $1.09
 

Sellers (Offers)

Price($) Vol. No.
$1.09 93741 7
View Market Depth
Last trade - 13.41pm 24/09/2019 (20 minute delay) ?
PEA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.