Forum Archive Index - January 2001

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Re: [sharechat] FRUCOR & Shares Magazine ,news & views on asx

From:	"Malcolm Cameron" <malharcameron@hotmail.com>
Date:	Thu, 18 Jan 2001 15:31:01 +1000

further from malcolm cameron try getting hold of john fairfax publications 
p/l gpo box 7017 sydney nsw 2001 australia or fax (0292822165 and subscribe 
to the australian financial review weekend edition 52 issues $74 in 
australia i do not know if they will send to nz or what they might charge 
but it is very good cover price casually a$2.20 so subsciption over here 
very worth while & tax dedutable



>From: "Malcolm Cameron" <malharcameron@hotmail.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: [sharechat] FRUCOR & Shares Magazine
>Date: Thu, 18 Jan 2001 15:04:09 +1000
>
>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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