PBG pacific brands limited

no love lost

  1. 11,057 Posts.
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    drummnutt, this is to let you know, that as I said, it was a commercial decision for me to keep on buying PBG all the way up.Today, the company report came out. The share retrace to the supporting trendline.I did not like their comments on their hedging, which did not come through well at all and their lack of confidence.If they cannot make the money in such a strong enviroment but loss their advantage through the hedging of the Aussie $, they don't deserve it at all.I am TOTALLY out. It may bounce back tomorrow, good luck to all holders.
 
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