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[sharechat] SFH

From:	"Washington-Smith, Grant" <G.Washington-Smith@massey.ac.nz>
Date:	Thu, 9 Sep 1999 16:52:45 +1200

An interesting turnaround in fortune for the Wellington fishing company
Seafresh  previously trading at 11c, immediately rose to 13c before closing
at 12c on the back of a unexpected profit announcement. I don't think the
market expected this recovery nor was the market expecting an announcement
until next week sometime. An analyst close to the company, believes that
their profit position will continue to strengthen through the next quarter.
I think there is still some upside in this share but the price will likely
move in the next couple of days.
I think ITC is a good long term hold, after all look at where SMR was four
months ago.

Grant

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