PBG 0.00% $1.15 pacific brands limited

Pacific Brands is great value now

  1. 215 Posts.
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    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?
 
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Currently unlisted public company.

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