Hi Daveyf, I was one of the many burnt on this baby, still in...

Hi Daveyf, I was one of the many burnt on this baby, still in the RED; however vastly different company now. It has a plan and what the GFC has delivered not just to PEM but to other producers is the motivation to look over and eliminate inefficiencies from the business. Those which have survived now move forward with efficient operating plans. The 44c margin delivered in Q3 would not have been achieved under the previous misdirected operating plans. Whilst there is plenty of upside from organic growth. As the cash war chest swells do not be suprised if they make another tilt at CBH. Very happy to add to my holdings at these levels. I suspect in the next few weeks to be moving into the green on this stock; something which at one point looked to be simply wishful thinking.