PTB has been in my watchlist for a long time. It looks like a well run company in a niche market with excellent yield and growth prospects. Perhaps not the cheapest P/E and a bit of debt, but it's entering the sub 70c region, which was initially my buy target.
Assuming the world doesn't end from the virus, does anyone have an idea about the impacts of Coronavirus on earnings? I couldn't find any comment on the latest HY report, but I am a bit worried with air travel facing tremendous headwinds for at least half/one year that PTB may be adversely affected too.
I am still probably going to buy some shares, as I want to open a long term position for income, but given the market sentiment I think we have further falls ahead and wanted some opinions from existing/prospective holders.
PTB Price at posting:
69.0¢ Sentiment: Buy Disclosure: Not Held
