So quiet of late on the PBG comments front.I'm intending to hold...

So quiet of late on the PBG comments front.

I'm intending to hold LT - so trying not to read too much into the notification (good or bad).

My opinion is that their sales figures will be reasonable but their margins will be lean. There seemed to be a lot of price discounting in the lead up to xmas and maintaining market share in a discounting war would be important to any business long term.

I think their figures will be reasonable given the turbulent year they have had to work through.

I'll be more than happy if they are on track with their brand rebuilding plan. A token dividend would be nice but not expected (IMO from comments in their 2009 Annual Report).