G'Day all,
Pacific Brands...I can't work out why no one ever mentions this company on HotCopper.
Why is this?
I bought into these guys at issue, which was $2.50 per share.
PBG has a great range of brands and is going along very nicely financially. They said they were going to pay a first dividend of 3 cents, f/f, in their prospectus and ended up paying 3.5 cents instead.
And they employ the mouth watering Sarah O Hare!!! That's gotta be worth 10%! Rrrrraaaarrrrr.
PBG recently hit $3.45 before retreating to around the $3.05 level.
It is only my gut feeling, however I believe this stock will return to the $3.30+ very soon.
I still hold and am happy to do so.
( I just wish I was still holding onto Sarah's briefs also!)
;)
Regards,
Snake13.
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