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[sharechat] AFFCO

From:	"james.chamley" <james.chamley@xtra.co.nz>
Date:	Fri, 01 Dec 2000 11:41:21 +1300

Profit announced this morning ..

"AFFCO Holdings has announced an after-tax profit of $15.1 m for the
year ended 30/09/2000, bettering its previous year's result of $6.5m by
$8.6m. The result is $7.7m up on the company's half-year earnings of
$7.4m and was achieved in a second half environment with
lower-than-usual stock numbers available for processing"

EPS were 7.41cps up from 3.19cps last year.

Price movement down 4 cents to 44?  P/E now 6.12. Buy the rumour - sell
the fact?

Regards

James


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