Saintex, I’ve just doubled your gr8 analysis. My thoughts exactly... a thinly traded stock , fairly boring in the manufacturing/ packaging industry, In A fairly recession proof business, in the right area for the virus scare, good fundamentals and figures, and as you say, sticky customers. I know that GC1 the Michael Glennon LIC holds PBP as one of their top 5, or did as at last monthly report. I agree with you, apart from being relatively undiscovered and being a small cap stock, relatively thinly traded, it has good bones and it may just be an as yet undiscovered stock. To me, I would purchase before the Shaver Shop as I see it in a “more essential” industry. I see that CSL has been sold down, presumably so that punters can use the funds for quicker gains with the SPPs. It may just be a case of PBP being seen as going nowhere, and no particular significant fluctuations in SP, “so there’s plenty of time and we can come back later and pick up some then”. Let’s hope that the horse bolts shortly and rewards us faithful investors.
PBP Price at posting:
$1.94 Sentiment: Buy Disclosure: Held
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