TDCI, I agree. I have been in the stock for a long time, too. It is not a good outcome to just get your money back after 5 years! With no divs along the way, it has been a testing time.
They did blow up a good business with too many acquisitions and too much debt, but it has been a long road back.
It is cheap on P/E of 12 or so, in the current market, so should be more upside from here is earnings continue to improve from here and debt is reduced further from cash flow, there is plenty of scope to lift divs.
PGH Price at posting:
$3.55 Sentiment: Hold Disclosure: Held
