Share
98 Posts.
lightbulb Created with Sketch. 7
clock Created with Sketch.
08/03/18
18:12
Share
Originally posted by Lastly
↑
It's a half year report hgw but I agree it's disappointing to see the great leap of 30 % stall, but it's mostly down to last December's quarterly reciepts. Here's a list of all PAA's customers' reciepts going back to the second half of 2011. It'll help give us get a feel of how PAA has been progressing:
2011
sep 635 (thousands)
dec 195
2012
mar 522 Fin Year Totals
jun 208 1 560 000
------------------------------
sep 624
dec 385
2013
mar 638
jun 228 1 875 000
------------------------------
sep 474
dec 216
2014
mar 997
jun 154 1 841 000
------------------------- -----
sep 706
dec 275
2015
mar 801
jun 507 2 289 000
------------------------------
sep 698
dec 355
2016
mar 993
jun 384 2 430 000
-----------------------------
sep 720
dec 549
2017
mar 1270
jun 453 2 992 000
-------------------------------
sep 777
dec 405
We can compare quarters within each financial year and we can compere the same quarters down the years. Anyway, the outstanding thing is the volatitility in reciepts from quarter to quarter and it's clear from the above that you can't read too much into one quarter's results. Certainly, after the lack of growth in the first half of this financial year, I think a 25% growth target is realistically out of the question, although half of that isn't, provided PAA's next two quarters are stronger than last year's. If one of the quarters isn't, then there's a good chance we'll see no growth as happened in financial year 2013-2014. Could be just a pot hole on the way but you can draw your own conclusions. Cheers.
Expand
The March quarter appears to be their busiest.. Lets hope this trend is continuing!.. The long business lunches on sunny afternoons season!. ; )