This stock is rarely discussed since Graham passed away ( god...

This stock is rarely discussed since Graham passed away ( god rest his soul ) .

Last year they announced a date to expect the interim report , this year silence , but today we see volume similar to last year when it did trade 500000 + per day and on good days 2m plus like today

The result will be bad that's a given , take out all the restructure costs, declining revenue from paper sales continue to go south in Europe ,high unemployment , just how bad is the question and is the smaller PPX a business that can steadily retire its bank debt from cash flow.

No one expects pxupa to be paid any interest for at least another 5 years , or PPX to pay a dividend in that time but the question I want to know is can they get back in to profit , pay down bank debt , encourage PXUPA to collapse in to PPX and in the very long term start generating 2-3% NPAT returns on that $3 billion revenue