PRT is very close to being my favourite stock right now. I bought an extra 100,000 shares today at 30c after the company's announcement today. Using the center point of their forecast profit of 29.5m to 31m for this year, the Price/Earning ratio is an amazing 3.63. Also the dividends over the last year were two lots of 1.7c so the dividend yield is 11.3%.
In its site, the company says that it controls the Gold Coast site in Queensland and in April next year, the Commonwealth Games is going to be held in that area. PRT has mentioned today and before that it did well out of the Olympic games. Surely it will do even better during the Commonwealth Games since it controls that site. I reckon the share price could be double the current price in April next year
GPASAS
PRT is very close to being my favourite stock right now. I...
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