PTL 0.00% 8.0¢ prestal holdings limited

People saying they need to focus on marketing more are a bit...

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    People saying they need to focus on marketing more are a bit slow on the uptake. They mentioned on their downgrade release that a significant more chunk of profit is being directed to marketing which will hurt profits.

    I dont dispute it's a very stormy time for product manufacturers but culturally overseas there is a trend towards reliable and consistent in quality goods from the respective middle class. Further, Pental has a HUGE cash reserve so compared to many of its competitors i believe the company is actually quite well positioned to weather the storm and profit more in the long run.

    Anyway, so I bought.
 
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