I'll be back!
- 28 July 2004
- Reaction score
Just noticed this one today. After gaining ground from late December 2017 until yesterday, PRT has suffered a setback after releasing its interim financial results for the half-year ended 31 December 2017.Having a bit of 'stock picking' fun (outside my plan) and PRT came up as my attempt at a Buffett-esque type of pick.
Anyone analysing this one at the moment?
Revenue is down 13.3% on the prior corresponding period, as is EBITDA which is down 22.1%. Operating costs were up 3.5%. The end result is a net loss of $8.6M, decreasing 149.4% on the prior corresponding period.
Prime Media Group's share price is now back to where it was in late December. It is currently 26.5c, down 17.19% so far today.