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Re: [sharechat] NUF Result


From: "nick" <acummin@es.co.nz>
Date: Thu, 28 Sep 2000 18:56:06 +0100



       Hopefully we will now finally see the shareprice in nufarm begin to
rise.
 Question is, why has it been falling? i was half expecting a bad result,
however
it looks fine.  I have to agree that this has to be the most undervalued
company around.
           I have spent more on Nufarm shares than on any other company,
sadly the price is so low that they are now only my third most valuable
share.
    I still have faith in them though and and quite happy to be holding
them.
 Hopefiully when they start moving upwatrds they will carry my portfolio up
with them.

 nick


> Well, a good result issued after the market closed - up 18% over
> the previous year, with IMO a better year on the cards for the
> current financial year. Also with share buyback, if will be interesting
> to see if NUF finally fires tomorrow.
>
> If it doesn't, then I'll still hold onto my shares, as it now must be
> IMHO (note that, IMHO) one of the most undervalued Australasian
> shares - perhaps takeover target??????
>
> Who knows.
>
> Exasperated.
>
> (Disc. I hold NUF)
>
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