PBG pacific brands limited
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Some of the institutions have changed their tune.Macquarie...

  1. malay
    11,060 Posts.
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    29/05/09
    16:50
    Post #: 5220880
    Some of the institutions have changed their tune.

    Macquarie recommend "BUY", Paradice Investments, a substantial shareholder now, with nominees, ANZ, National and some others and last but not least, UBS is underwriting all the institutions and retail offer, a sign of confidence in PBG.

    The market is able to absorb all the profit taking, and more, able to withstood the shrt selling to be still in the high 70s.My view is PBG is consolidating around this area, before taking off. What are your views, dwjd and hdavid
    PBG Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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