GXH - Green Cross Health (formerly PHB - Pharmacybrands)

LPL has been doing nothing but going down, down, down.
Now changed their name to PHB (I'm not sure if the takeover is fully complete) the volume has increased.

What do you guys reckon about jumping on the band wagon? I know it's risky so I would'nt get more than $1,500, but I think it has potential.
Also, owning 4 brands has got to be good right?

i would not touch this share primarily because it appears to be very lightly traded and with a large difference between buy and sells (currently 28 / 35). Difficult to get in at a reasonable price, could be very costly to get out.

Even ignoring that I fail to see why owning 4 brands provides a compelling buy :confused:.

regards
Paper Tiger

Also, owning 4 brands has got to be good right?[/QUOTE]

I think Coca Cola has only bothered with one brand.

Haha, I get your point about the brands, I just figured PHB exemplified a monopoly situation..
OK, thanks for your feedback PT.
I'll just add it to my NZX.com portfolio to track for a while.

Oh, and buy the way, The Coca Cola Company has "a portfolio of more than 3,000 beverages"
http://www.thecoca-colacompany.com/b...brandlist.html

Quote:

---

Originally Posted by gonzo56

Oh, and buy the way, The Coca Cola Company has "a portfolio of more than 3,000 beverages"
http://www.thecoca-colacompany.com/b...brandlist.html

---

PHB only need to add 2996 brands !!!!Could be interesting!!!

Haha, "hold on to your hats!"

Quote:

---

Originally Posted by gonzo56

Haha, "hold on to your hats!"

---

I tried looking up shareholders and could not find it.If this company has Andrew Bagnell as major shareholder you may be in for a fast ride as he is very astute.

"Following the completion of the proposed merger, the new Board will consist of Andrew Bagnall, John Bolland, Andrew Davidson, Peter Merton, Bill Meaney, Ian Sharpe and Mark Vuksich."
www.voxy.co.nz/business/life-pharmacy-takeover-offer-pharmacybrands-shares-goes-unconditional/5/23428

Quote:

---

Originally Posted by gonzo56

"Following the completion of the proposed merger, the new Board will consist of Andrew Bagnall, John Bolland, Andrew Davidson, Peter Merton, Bill Meaney, Ian Sharpe and Mark Vuksich."
www.voxy.co.nz/business/life-pharmacy-takeover-offer-pharmacybrands-shares-goes-unconditional/5/23428

---

gonzo56.Peter Merton I know of through my shareholding in Ebos.Another very astute businessman.I have been to Life Pharmancy website and I think Merton and Bagnell end up with large shareholdings.I think you would do well following these two.I think there are 99.96mil shares on issue.with a share price of 35cents market cap is 34.99mil.I can not not find turnover or profit figures to work out PE ratio or any other figures.,so the $1500 you are looking to spend is still buying you a "Pig in Poke" Pretty interesting one though with two very astute bussiness men with a lot of flesh in the game. Go for it!!!!!