Not looking good at all but I think the downside is limited. My reason for this is that it is profit making and cash flow positive. Over the past few years PBB has transformed itself from a diversified manufacturer into a specialised brake technology company. I am not sure if that was the correct move but they have always stated 2006 as the year they will come good. Noticed recently that a few fund managers have been buying in (perpetual and 452) which makes me feel it must have some value. S
PBB
pacifica group limited
