PBG 0.00% $1.15 pacific brands limited

re: Ann: Half Year Accounts - Presentation Br... Only approx....

  1. 27 Posts.
    re: Ann: Half Year Accounts - Presentation Br... Only approx. 25% of daily volume short sold yesterday (1,728,170/7,246,329). Very good probability PBG goes below 50c at some stage over next few weeks (days) at which point I will pick up some shares.

    http://www.businessspectator.com.au/news/2014/3/6/economy/retail-sales-soar-january

    On another note seems like consumer confidence is coming back. It's going to be hard for management to justify any further poor results. If they had any clue they would be announcing a buyback instead of restarting the DRP. What do they teach these guys at "management school" - buy high, sell low and pay yourself millions?

 
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