Decided to come back and have a look at this stock. Was holding this way back and sold in the mid to high 50s. Sad to see it as low as it is now, the full year outlook looks very ugly. First half underlying ebitda is 6.7 million yet full year forecast is just 8 to 10 million. That means 2nd half is likely to be a decent loss. Alot of people say retail is tough, but if you execute correctly then money can still be made unfortunately PAS really look like they have hit a wall.
PGR Price at posting:
18.5¢ Sentiment: Hold Disclosure: Not Held
