Forum Archive Index - February 2000

[Chris <autotron@ihug.co.nz>]

Well admittedly the market certainly agreed with you Nigel, up 24 to 364,
7.8% for the day, on a falling market too.




At 10:26 AM 2/27/00 +1300, you wrote:
>
>Long term investors might note EBOS:
>profits and dividends are up, but the company is currently trading at a PE
>of about 8 and PS of just under 1.  Profits and sales are up by 28%
>(release below) but the share price has dropped from high of 3.60 last
>December down to between 3.30 and 3.40 in the last couple of weeks.
>Announcement of further acquistions in the Australian market are expected
>within the next two weeks.
>
>
>
>"Directors are pleased to report an increase in pre-tax profit to $2.970m for 
>                   the half year to 31/12/99 - a 28% increase over the
>previous half year (last 
>                   year $2.319m). 
>                   The result includes our pro-rata contribution from our
>investment in Health 
>                   Support.  Both the Ebos Group result and the Health
>Support result are on 
>                   target.  This half year produced a solid improvement in
>earnings from Ebos' 
>                   NZ core business and both Australian subsidiaries.
>The Group did not hav2 
>                   the benefit of large export contracts enjoyed in recent
>years. 
>                   Directors and senior executives continue to work on a
>number of growth 
>                   initiatives to further strengthen our position in the
>market, and expect to 
>                   be in a position to make an announcement to shareholders
>in the next 2 weeks. 
>                   END 
>                   End CA:00053788 For:EBO    Type:HLFYR
>Time:2000-02-22:16:36:17 Encrypt:Y "
>
>(Disclosure: own shares in EBOS)
>
>Nigel
>Nigel McCarter
>Safety Management and Information Services Ltd
>Box 23 019 Hamilton
>Phone 64 7 858 2429 Fax 64 858 2689
>Mobile 02 212 4901
>
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>


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