Forum Archive Index - July 2000

["Mike Beal" <mike.beal@amb.co.nz>]

Good point Nick, I reckon they will report pleasantly surprising results also.  Friend just got back from Ireland where they are advertising on bus stops, TV, and print media.

 

Also, with the (perhaps very conservative) forecasts they have given in the prospectus still equals a P/E of only 11 or 12 (from memory), so if the prospectus is conservative and V is doing better than expected internationally this stock should zoom - also it's a pretty low risk stock - they've still got sound earnings.

 

Disclaimer - Own Frucor.  Geared in Frucor!  Not much else in this lousy market that looks as though it can consistently deliver higher profits year after year - had a skim through a Year book of NZ stocks yesterday - there's only about four or five that have increased there earnings each year over the past five years - anyone know of any stocks that are likely to have good consistent earnings???

 

Mike.