Current shareprice to be supported by 5% on market buyback which commenced last week. Major shareholder Investors Mutual recently topped up to over 9%.
Price to earnings ratio - about 10
Dividend yield - above 6%
Outlook:
2005 = steady
2006 = growth of 10%
2007 = growth of 15%
Assessment: Cheap as chips and one for the long term!
PBB
pacifica group limited
