Originally Posted by
Balance
No need for miracles, Belg-me-ole-mate.
PGW is a turnaround story and that's what investors are buying or avoiding - have a look at the earnings and share prices of RBD and even, Wrightson, as their operations were turned around in the past. Who would believe RBD's sp would go back to above $1.00, let alone $2.00+. Likewise, who believed Wri would go from 40 cents at one time to over $2.50. That is the beauty of the market!
The market and analysts will always be several steps behind - on the way down as well as on the way up.
Meanwhile, I am having some decent laughs at the poor attempts at trying to calculate, double calculate and triple calculate PGW's financial position. That's not what financial analysis is about! You either know how to do it or you don't.