Ann: Chairman's Address to Shareholders , page-2

Bought in to PFL at $0.79 today, and glad I did. Quite impressed with the current report

'The Company has traded successfully in the first four months of the current financial year (i.e. up to the end of October 2008). Sales are 9.4% ahead for the same period of the previous year. Sales growth has been experienced in most parts of the business.'

In the current economic environment I would suggest 9.4% is impressive, Strong long term BUY...imo