PFG 0.00% 21.5¢ prime financial group limited

Ann: Notification of buy-back - PFG, page-4

  1. 20,909 Posts.
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    I'd rather they do what they stated they'd do & reduce the debt levels while the going is good!

    Everyone & his dog knows the market is due a significant correction & PFG has produced average returns when they should have been exceptional.
    When the correction does happen PFG will again be cutting it's dividend due to lack of cash.

    I disagree that the share price is currently undervalued, in fact I'd say it is fully valued & mngt are paying top dollar to buyback it's own shares.
 
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