I would have to go through the archives on Hotcopper, but i think Drummnut has the new record for the most ridiculous statement. i congratulate you Drummnut for jumping in and grabbing the low price on PBG well done but don't think the stock will ever retrace to those prices again. This is a great Australian company who have said once and for all - we are moving our manufacturing off-shore and inturn we are going to save a 150 million dollars in manufacturing costs a year and what happens- the share price falls through the floor - i can't work that one out. Consumers in Australia are always saying I only buy Australian made, which is crap, it is and always will be about price and more often than not the product from China is not only cheaper but also better quality. The satable of brands PBG has is awesome and before long they will more than likely be taken over, PBG is value for money at $1.50 and people know it. Mangels
PBG Price at posting:
80.0¢ Sentiment: None Disclosure: Held
