Forum Archive Index - January 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

frqm malcolm cameron malharcameron@hotmail.com I live in australia and i 
think shares magazine is designed to push up certain prices if you want good 
imfomation try www.egoli.com.au or www.investorweb.com.au best of luck if 
you want a cheap broker try amp


>From: "Philip Robinson" <pcr@ihug.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: [sharechat] FRUCOR & Shares Magazine
>Date: Thu, 18 Jan 2001 17:51:39 +1300
>
>I got the February issue of Shares on the way home and its first article is 
>a one and a quarter page one on Frucor. It should give it some nice 
>exposure. The magazine was released on sale on the 12th in Australia 
>though. BYW if anyone wants a good  overview of ASX issues and stocks I 
>would recommend Shares. Only NZ$8.50.
>
>Cheers
>Phil
>   ----- Original Message -----
>   From: nick
>   To: sharechat@sharechat.co.nz
>   Sent: Thursday, January 18, 2001 5:09 PM
>   Subject: Re: [sharechat] FRUCOR
>
>
>                 Exactly,  all told a good result, we all knew the figures 
>from europe
>     would be down due to distribution problems. In this part of the world 
>they have performed
>   tremendously well,  like mike says they set themselves very high targets
>   and have come very close to achieving them.
>              Before the float many people thought the figures in the 
>prospectus were
>   ludicrously high and that the company would fall flat on its face. Since 
>listing
>   frucor have shown that they are a very ambitious company, which is 
>growing rapidly.
>        When the result was announced the shares dropped back five cents, 
>no doubt
>   due to the speculators taking quick profits from the runup in price.
>   The fall i suspect had nothing to do with the result itself which has to 
>be seen as positive
>
>      nick
>
>
>     With Frucor's highly optimistic growth figures forecast in its 
>prospectus, latest stats appear pretty impressive IMHO!  If profit's only 
>5% below bullish prospectus forecasts and the company has distribution 
>problems perhaps there will be even more earnings growth once they get the 
>distribution hassles ironed out?
>
>     Disc: Normally shy of growth stocks after reading the likes of John 
>Neff & David Dremen but couldn't resist FRU after reading 'Beating the 
>Street' by Peter Lynch.
>
>     Mike Beal.

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