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$1.15 pacific brands limited

Is that taking into account the divisions of the business that...

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peony-rose

2,850 Posts.

139

02/07/15

12:03

Post #: 15568838
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Originally posted by grandcaruso ↑

I tend to agree . Key for share price growth from here is forward guidance which they should give in August. Definitely was undervalued in the low 30s. Based on the figures they provided EBIT will be down around 30% on last year. 2014 full year figures were released in August last year and ironically the share price right now is about 30% lower than it was then. So maybe the market is using this as it's yardstick. I need it to drift back to say 38c for it to be a profitable trade but all over it's good to see the rebound for them.

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Is that taking into account the divisions of the business that have been sold off in the last 12 months?

PBG Price at posting: 42.7¢ Sentiment: Buy Disclosure: Held
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