PBG 0.00% $1.15 pacific brands limited

I am feeling more positive now than ever, drummnutt. I actually...

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    I am feeling more positive now than ever, drummnutt. I actually had been buying on the way up. I used to trade it when it was $3 but then I thought there was not much in it as the price went a bit high and there were no margin for profit then.

    I only went in when they announced the 3.5c dividend and was real pissed off when they scrap that.However I have been tracking them quite closely and had been adding more to it on the way up by quite a few, so averaging down and averaging up since the crashed did come out well. I thought it was sold down by Challenger when their funds were cashed in and the rest like you said, margin call etc.

    I didn't think it would crashed as it only recently bought Sheridan,King Gees etc and sold down the dunlop mattresses.
    I thought they are leaner in their operation now and once sentiment turns, I am sure those fund managers that had PBG at a higher price would like to average down. I am willing to hold this one a big longer like TSE, OST, some of the cyclical stocks that are value at the moment.
 
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