PTL 15.2% 14.0¢ prestal holdings limited

As was worrying me, Hampers with Bite business division being...

  1. 7,293 Posts.
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    As was worrying me, Hampers with Bite business division being very much effected by the downturn in the economy.
    Significant cut to the dividend and if extrapolate that 1c going forward, that's just 2c per share.
    For a company that is at best a slow growth (and now with HWB being a possible cyclical division) I am still being careful.

    Not prepared to 'bite' yet.
    Happy to wait things out and see how things progress. I think FY24 is going to be a case of not trying to not loose capital. I am playing defensive after making very good returns for the last 3 years.

    'Held' because of a minimal shareholding. Irrelevant size relevant to the portfolio.
 
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