Ann: Pental delivers strong profit growth in FY22, page-11

I sold months ago, preferring exposure to thermal coal miners NHC/WHC and YAL whose returns including today have been and will be stellar for a while, but PTL remains a solid little company.

PTL probably needs another acquisition in a couple of years but multinationals competing against it must wonder how with all their advertising, White King manufactured in Shepparton, Victoria of all places manages to sometimes/often outsell them.

I have discussed White King's products with a few friends: the general impression is unlike some competitors, White King usually performs extremely well. I suspect WK has close to a first class reputation among Australian consumers, with COVID-19 having assisted in it further gaining brand recognition.

My multiple purchases of HwB hampers have been extremely well received and flawless: hampers are delivered with correct items and StarTrack (an Australia Post subsidiary) seems very efficient.

Even Country Life soap gets good reviews form shoppers: the Woolworths (WOW) ones on its website are bit dated as WOW may have ceased its distribution of 'try at home' products, but most participants found this soap long lasting/satisfactory.

PTL may not be the sexiest business in Oz, but it's a quiet achiever. The lack of debt is a bonus.