The chart isn't too inspiring, but I have bought into this stock on a value basis and am anticipating results due 28 August. Bit of a gamble, especially as there will be a substantial release from escrow from that time.
Attachment 7510
PAS Group is a clothing retailer/wholesaler, with a number of Australian brands. Listed in June 2014, the shares have more than halved from the listing price of $1.15, to currently sit around 50cps. This has been largely on the back of a good first FY14 result, followed by margin slippage in the HY15 (the usual well-worn pattern of late-financial year listers!). Bit of recovery in the second half should see a stronger finish. Promising a 70-80% dividend payout, which should make for a good yield metric based on EBITDA forecast at last update.
Chart could go either way. Unfortunately, it's too early to tell the quality of management and I haven't shopped the brands either, so any thoughts welcome.