Forum Archive Index - February 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

 

Matthew,

 

 

Thanks for the reminder. My first post of Feb. 5: " Interesting.........applied to THL",  mentioned that:

 

1. Key Australian staff had been appointed.

2. I considered that the real innings could start on July 1st.

 

Re (1), an indirect hint that perhaps not everything was running that well after a takeover. It takes time to digest one! 

 

Fernz used to predict profits and complained at the same time that the shareprice was too low!

 

When these turned out to be overestimated, analysts started to omit the company from their recommendations.

 

Nobody could blame them; after all, clients started to blame the brokers when some optimistic advice was given!

And it appears that Nufarm is again complaining about the low share price! It could be.

 

You will find that BCH will not give you a predicted profit of  x  dollars; they simply say that they are doing well!

 

Obviously, they will have made a forecast ( budget ) but it is never leaked out!

Some directors have a lot to learn!

 

Gerry