|Date:||Fri, 16 Feb 2001 19:15:51 +1300|
D ont usually bother with theis magazine, however the
february issue is actually rather interesting (mag improving?)
Interesting article on frucor, apparantly cs first boston rate
the stock a buy with a target price of 2.82 plus 70c for the uk upside.
While ubs warburg rate the stock a strong buy with a target price of 2.56.
The article seems fairly objective giving both the plus and minuses of the\
stock. Comes to the conclution that the stock is doing well but will not
be rerated upwards until the market sees evidence of further inroads into
the australian market, and /or signs that the uk market is opening up.
The article on tourism holdings is rather amusing in light of the
happenings of the last few days. The article concerns the profit downgrade
and wonders why the company didnt come clean with the market when
the full year result was delivered in september. They are talking about the first
downgrade, the article was written before the second one, when the shareprice
was around 1.90. Even so the article does a good job of giving the problems
associated with THL.
Quite a few other interesting articles too , worth picking up at only 5.50