ok, so the P/E is 3.4 and the yield is 14.5% before franking with the reduced dividend. they could drop the dividend another 20-30% to 2.5-3c and they'd still be yielding double digits!!
can anyone find another ASX stock with an (underlying) profitable business thats even close to this? The closest i've found is AV Jennings, which i also own.
PRT must have the lowest earnings multiple of any profitable, dividend-paying, financially sound company on the ASX!?
(i know they posted a loss, but let's leave out the non-cash stuff for general business metrics)
Incredible, deep deep value here.
PRT Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held