So I decided to have a closer look and bought PBG today.
The new CEO seems to be very sharp and turning this ship around nicely. The company repaid 350 mil debt over one year. It has two awesome australian iconic brands, probably 45 mil net profit, 50-60 mil operating cash flow, nice receivables/payables ratio and ~750 mil revenue.
I hope they won't pay dividend and start piling up cash, obviously aussie dollar might be an issue but with more supply chain optimization and cost cutting this company is definitely worth 350 mil. I hope international sales will contribute significantly over the next couple of year.
PBG Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
