Today's Amcor (AMC) presentation - page 9 - this is what PGH would look like if it was successful. Instead - their pre sig EBIT margins have been (from 2015 to now) 12.2%, 11.8% 11.5%, 9.9%. Good margins in the recent past, but getting worse fast. Where is the EBIT margin heading? It is like the joke about how to become a millionaire - start with a billion dollars.
2018 Return On Funds Employed is about 12% at PGH. Far less than amcor at 19%. In 2015 - PGH had a ROFE of 17.5%!!!
If my calcs are correct, you can see a big problem. Follow that trend . . .
Today's Amcor (AMC) presentation - page 9 - this is what PGH...
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Last
80.0¢ |
Change
-0.010(1.23%) |
Mkt cap ! $292.6M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 80.0¢ | $37.37K | 45.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 44530 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 8329 | 2 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| PGH (ASX) Chart |
