thanks @thecapitalist. I made a small profit. I held through the symex/pental restructure, traded a bit, options etc. but it hurt to give back most of the gains I was sitting on. in fairness the dividends have helped make it worthwhile.
I kept thinking someone might want to take them over and I could see they traded on a low pe compared to similar bigger businesses. but you are right they are so dependent on the supermarkets and the margin compression, as you say. is such a significant problem.
I hear you re reasons for sp holding up so well. volume has been tiny over last couple of days. impossible for decent sized holder to get out at the moment I guess.
I will continue to buy the soap and hope that pental hangs in there. the chinese expansion is interesting and I hope they can pull that off. not many of these sorts of businesses left in australia.
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1 | 882 | 0.078 |
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1 | 13513 | 0.074 |
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