Forum Archive Index - January 2001

[Philip Robinson <PhilipR@Pharmac.govt.nz>]

If I may butt in here, I would rate Frucor as a buy at $1.97 or $2. Christie
you should get a hold of the prospectus or investment statement and have a
look at the forecasts, and make your own call, they are on a 2002 pe of 10
(taking into account of forecast earnings) or something quite low, [can't
remember exactly]. Even if they miss this then I think that the management &
board have a real growth focus, it looks like some are from the Venture
Capitlist that funded them earlier, so they will not disappoint big time
long term, even if they do it next week.

I can give you those figures if you can't get them.

Phil R.

________________________________
Philip Robinson
DDI: 04.460.4989
Cell: 021.422.104


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