----- Original Message -----
Sent: Wednesday, July 19, 2000 11:55
AM
Subject: [sharechat] Frucor
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.
See IRG research reports
