Pacifica Group Limited

By Intelligent Investor · 12 Jul 2002

By Intelligent Investor ·
12 Jul 2002

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Pacifica Group Limited - PBB

Current price

$0.23 at 14:34 (25 August 2009)

Price at review

$3.95 at (12 July 2002)

All Prices are in AUD ($)

Pacifica Group (PBB) - $3.95: It was pleasing to see the first leg of Pacifica's exit from its construction products division got underway after selling its UK-based Lionweld Kennedy group for 7.5m pounds (that's sterling, not weight). Since issue 103/May 02 (Long Term Buy - $4.14) Jerry Ellis (ex-BHP) has also been installed as Chairman. The company continues to move ahead and it remains a LONG TERM BUY.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Pacifica Group Limited

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Pacifica Group Limited

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