PBG 0.00% $1.15 pacific brands limited

Dividend?, page-7

  1. 1,006 Posts.
    lightbulb Created with Sketch. 63
    just read carefully - it says "net cash" which is cash - liabilities. Better read financial reports than newspapers. On a balance sheet PBG has 80 mil cash and 79 milion debt, which means they still pay around 10 million interest a year. That is why I said it would be better to pay it off asap rather then indulge ourselves in dividends, but that is only my opinion. I hope they will repay that by end of H1.

    Anyway, with the FY15 result, I believe the company is worth $0.600. Hope they will manage FX impact this year as planned.
 
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