Forum Archive Index - January 2002

["Christian Mair" <product@adidas-ep.co.nz>]

Why did you buy PRG? Low PE? Low PEG? Eric Watson? Surely not much has changed. Did you really think that they return funds to shareholders via Dividends or Bonus Issues? Did anyone cry foul when they bought Living & Giving which gave them entry into other Retail markets. Why shouldn't they take a stake in Bendon?

 

discl. bought PRG between $1.30-$1.75.

 

-----Original Message-----
From: sharechat-owner@sharechat.co.nz [mailto:sharechat-owner@sharechat.co.nz]On Behalf Of geoff_julie
Sent: Wednesday, 16 January 2002 3:58 p.m.
To: sharechat@sharechat
Subject: [sharechat] PRG - Bendon

 

Just when it seemed that PRG shareholders were finally going to get a decent return, Eric Watson forces a company that sells TV's and fridges to buy a bra company.   Yep, a bra company.  Obviously there is a correlation that I'm just too stupid to appreciate or understand.  The highly paid analysts at Cullen Investments can see it and will maximise profits for the PRG shareholders, blah, blah, blah. 

 

Maybe Tui's could produce a new ad along the lines off - Cullen Investments is going to add shareholder value to PRG as they have done for other Eric Watson related companies RMG, ADV, SMR, ELD, and co. Yeah right....

 

 

Geoff Walker

 

(stupidly brought PRG at $2.27 last week after being fleeced by EW related SMR, RMG, ADV.  Some people never, never learn and deserve to be ripped off....)