Thursday, March 06, 2008
PAMAS Once More
I made a fistful of denari on PAMAS last year, and now the stock has received a warm recommendation from IBA analysts. The target is 40% over current price and the stock is already rising 6% today. The outfit manufactures plastic vests for gangsters, politicians, terrorists, debt-collectors and other people usually in danger of being shot. Honeywell signed a 20 year long contract with PAMAS which will ensure the long term stability of the firm. I thought Honeywell was a domestic appliance brand, is it such a dangerous business? Cosas veredes, Sancho... I am thinking of buying a little bit of PAMAS again.
The illustration shows a silver German body armour used by the Jäger trooper in Kerberos Panzer Jäger ('40s). Its shape was influenced by European medieval plate armors and was used by Japanese police. It is totally unrelated to what PAMAS does, but it looks rather impressive.