good on ya, hdavid.Don't ever underestimate what the appreciation of the ozzie dollar does to the SP of a company like PBG.It is going to give it a boost in its profitability. Likewise the SP of BBG, a company that relies on income generated overseas will head the other way.The SP of these 2 companies are negatively correlated in relation to the currency.You should not ever look at it as a free ride but your newly committed capital then your approach will be with vigilance. I don't like to give back easily, because I profited from my call. The new money invested also has to work for me and has to be invested where I think will give me growth. In this aspect PBG is expected to do so.Note:PLs do not rely on this to make your investment decision, dyor or talk to your financial adviser.
- Forums
- ASX - By Stock
- PBG
- bb tightens, likely breakout from here
bb tightens, likely breakout from here, page-6
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)