Intelligent Investor

Pioneer International Limited

By · 14 Aug 1998
By ·
14 Aug 1998
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Recommendation

Pioneer International Limited - PNI1
Current price
n/a

Price at review
$3.58 at (14 August 1998)
All Prices are in AUD ($)
Pioneer International - $3.58: Has decided not to buy back any more shares under its existing on-market share buy back scheme until after the release of its full year result for the year to June 1998, due on August 19. One wonders what it will be announcing! During recent months and since our last review on May 8 ($4.39), the stock has drifted down with the market. Hold until after the full year result.
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.
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