PN4 vs PN17

Written on September 13, 2009 – 1:20 am | by Kampung Boy |

I came across a comment from GLA in my Lion Corporation - Dying together with it’s kids asking for the meaning of PN4 and PN17.

PN actually stands for Practice Note. Basically companies that are classified as PN4 and PN17 are companies that are facing financial difficulties.

So people might ask what’s the difference between PN4 and PN17? In short if any of the shares or companies that you are investing are classified as PN4 and PN17 you better be careful as they might just go into orbit anytime.

The differences between PN4 and PN17 is very simple. Ill make it a kampung way style to explain the simple differences.

PN17 - Having financial difficulties. It’s like having cancer at stage 1 with higher chances of be declassified as practice note as compared to PN4. In other words, still a chance for reversal.

PN4 - Having financial difficulties and it’s a cancer problem at stage 4 with super low chances of recovery. Not impossible but very hard. In other words, this company is going to “holland”

So i hope my simple explanation of PN4 and PN17 did help clear some doubts.

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  1. 2 Responses to “PN4 vs PN17”

  2. By GLA on Sep 13, 2009 | Reply

    peewwwh. crystal clear explanation. thanks mate!

  3. By Kampung Boy on Sep 13, 2009 | Reply

    Just a simple explanation brother! ^^

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