price a boon for shareholders!, page-30

  1. 5,980 Posts.
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    Mr Price is not a no one .

    He worked for Spicers for a long period and established a very profitable paper distribution business that he sold to Toll .

    What this company needs is someone that has been successful getting his hands dirty selling paper .... at a profit .

    $ 4.5 revenue at 2% margin is 90m profit .

    $600 m shares at 20c is 120m or less than 2 PE
 
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