Forum Archive Index - November 2000

["Grant Keymer" <grant@jenlogix.co.nz>]

Hi John,

 

Yes, very good question indeed.

I (probably like you) have way too many of these.

 

A few weeks ago, someone here predicted that ADV would go as low as $1.50.

At the time with the price around $1.80, it seemed unlikely.

 

But now, not so unlikely at all.

EPS is forecast to be 22.3cps for the 2001 year, well up from 5.79cps this year.

 

Or at least that's the most up-to-date forecast figure I have, courtesy of Craig & Co from an early October research newsletter.

 

Does anyone out there have a more recent forecast?

 

Last week on Ellis Brothers web site I saw mention of ADV among some recent stocks that had recently downgraded their profit forecasts.  But I cannot find any further mention of this anywhere else.

 

Any opinions on earnings outlook for ADV would be most welcome.

Like many others, I guess, I am wondering at the wisdom of continuing to hold ADV.

 

Cheers

Grant Keymer
____________