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Forum Archive Index - February 2001

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Re: [sharechat] Frucor - Not A Good Sign!

From:	Gerry Tyler-Smith <g.tylersmith@ext.canterbury.ac.nz>
Date:	Tue, 27 Feb 2001 08:36:01 +1300

Thanks for that ...I was a bit dazzled by the increase in revenues.

>Irrespective of what Frucor says, the inability to meet prospectus forecast
>is bad news ... a downgrade spells more downgrades to come.
>
>It just needs some institutional selling now and the stock will come under
>pressure ...
>
>Look for an upgrade b4 buying the stock again ....
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References

[sharechat] Frucor - Not A Good Sign! David Ling

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