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$1.68 patties foods ltd

My gut feel is that once the reputational and financial damage...

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Ocker

10,373 Posts.

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18/02/15

13:40

Post #: 14776690
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Originally posted by stayer ↑

the thing that strikes you about this is that they push the idea of having a "premium product" - it is also not very well labelled about where it comes from

what sort or trade name would they have (even without this scare) by just importing from china and packaging over there - that is no different to the supermarket brands, and Aldi in particular , yet it is not the supermarket brands in trouble!!!

have had a couple of buy orders go off due to this, but I actually sold one of them and not sure about the other -feeling it is a sell still at mid 1.20's

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My gut feel is that once the reputational and financial damage is fully realised then the stock will drop to around the $1.00 - $1.10 level

PFL Price at posting: $1.21 Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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