PBG 0.00% $1.15 pacific brands limited

rudd wants $17 million back from pbg, page-4

  1. 348 Posts.
    Thanks for reply.

    As far as SP is concerned in short term, I am not interested, as I will now hold these shares for years to come. There is some downside risk I admit, however, provided the company is not harmed too much by the current witch hunt and media beat-up, they will be worth (much) more than 15c in 2 years time ($1.50 in 2-3 years at a guess). Infact, I can see that in years to come where their dividends will be worth close to this amount (maybe 10c in 3 years time). Provided the whole world doesn't fall in to a big heap - which governments are trying frantically to avoid.

    Spend some time researching this one, it's the best spec buy of the market. Downside risks are debt and backlash. Upsides are great cash flow, good board (imho), big revenue turnover, strong sales despite downturn.

    Cheers.
 
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