PBG 0.00% $1.15 pacific brands limited

Nearly 1billion in debt which is a lot given they are only...

  1. 43 Posts.
    Nearly 1billion in debt which is a lot given they are only making 100m profit. Always dangerous buying stocks on a downtrend these days as the shorters go in heavy and force share price down at slightest hint of a pullback. Things settled this afternoon and it may turnaround over next couple of days. Debt is due to be paid in future years and will be ok as long as sales growth continues (don't expect too much as not much $ for further acquisitions).
 
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Currently unlisted public company.

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