Yep I think I might stock up. They have a solid history of dividends and low debt and now at a yield of 10% plus full franking. Oversold and now a great investment opportunity. Their latest announcement, maybe, indicates a slight reduction in there earnings but I don't believe it justifies the 77 cents to 47 cents drop - the typical market reaction over the last few years; someone coughs in Russia and the SP drops the value by 40%. A very good opportunity to make some cash here I reckon just considering the divi and franking.
PGR Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held