Looks like people are stocking up with undies with their...

Looks like people are stocking up with undies with their stimulus payments. Just today.

Sean Conlon, Macquarie Private Wealth

SELL RECOMMENDATIONS


Pacific Brands (PBG)


The clothing manufacturer announced an extension to the maturity profile of debt facility tranches. While this key negative catalyst has been removed, the fundamentals are not compelling. We continue to believe that investing in PBG involves significant risk.

All I can see is this price recovery. Why would you sell?

Someone will be proved correct eventually I suppose.