Is anyone out there still a holder on this stock? I am but have recently been distracted by other stocks so just getting my focus back on PGR.
To me this still looks like a great buy (and getting better by the day given the drift down), even though the new owners may attempt to starve minorities of dividends before launching a clean up bid. For me the key test will be the H1 dividend. I suspect that these guys are operationally doing OK as they are well run and have some great brands, and a pickup in retail should be not far away once we start to get some wages growth. Its actually hard to ignore this stock on valuation grounds and given the hedge fund owners are in this to make money, should be a decent medium term hold for minorities. Anyone have a different view?
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Any holders still left in this stock?
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