PBG 0.00% $1.15 pacific brands limited

PBG has been hammered lately. Consensus PE is about 1.7. The...

  1. 766 Posts.
    lightbulb Created with Sketch. 3
    PBG has been hammered lately. Consensus PE is about 1.7. The company recently confirmed a reduced dividend payment of 6 cps rather than raising new capital. This gives the company a dividend yield of 23% if you include franking credits. While people can delay and reduce buying new clothes it's still a pretty basic thing that people need to have. Is it time to start buying?
 
watchlist Created with Sketch. Add PBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.