Pacific Brands is an iconic Australian clothing manufacturer most famous for its Bonds underwear

Pacific Brands is an iconic Australian clothing manufacturer most famous for its Bonds underwear. Followers may have seen headlines recently bemoaning a fairly poor set of half year results which saw the share price drop by 11%. However, the disappointing figures may present something of a buying opportunity. From a balance sheet perspective we are comfortable with its debt levels and ability to service its debt. With a price discounted so deeply to what we believe is its intrinsic value, potential investors have a reasonable margin of safety. Read the full article via the link (VIEW LINK)