PRK patrick corporation limited


  1. 401 Posts.
    looking at getting into this stock shortly...anywhere below $32.

    SSB analyst believes that these guys are ahead of Brambles as the best value company in Transport sector.

    The market is well and truly too low in regard to earnings expectations. The Pacific National JV with Patrick contributed $2m in net profit in 6 weeks for Patrick at their last result. This is more than double what was expected.

    The valuations that I know of range from $37 to $43.

    The best thing about the stock is that it is very lightly traded. Result in August also.

    Good upside imho.
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Currently unlisted public company.

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