pacific brands hit 69c, page-3

No I haven't factored in this saving, which will make it even more attractive. I will do this tomorrow evening. Asumming that they manage to maintain earnings within the 15% range and their return on equity stays the same, I estimate that the intrinsic value is $3.11 a share. Hopefully the run on pbg has only just started.
I have read the analysis's projections and most rate pbg as a sell. Someone has it wrong and the profits for people who bought in arond 25c seem to indicate its not those buying