RE: Small Deals13 Sep 2023 10:04
Good morning david 1960, yes it's so difficult to know what's going on with PDG . they have already posted a pre close statement below The Group delivered another robust performance in the first half of FY23, with growth in gross profit more than offsetting the underlying pressures of interest rate rises and ongoing cost inflation. As a result, the Group expects to report a c.9% increase in underlying profit before tax to c.£36.5m for the first half of FY23 (H1 FY22: £33.5m).
And there will be again some good profit , but will there be any DIVI ? i GUESS NOT. And with plenty of takeover interest in the last 6 - 9 months at about 28p-29p this should be at least 50p+ by now. Been looking at buying more this last week as it should go up, but who knows.
With lookers also now taken out you would think PDG must be next.