I cant understand why the share price for Pacific Brands has fallen back down to 41.5c. They gave an update in early July to say they expect profit between 63-65 million. With its current share price, they now have a price to earnings ratio less than 6. They are cash positive, they have leading brands and their sales growth is expected to be 5.3%. Allan Gray is a major shareholder and they will always defend shareholder value. Looking forward to seeing this one start going up in price. Any chance of a dividend come next report I wonder?
- Forums
- ASX - By Stock
- PBG
- Pacific Brands is great value now
Pacific Brands is great value now
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PBG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online