Forum Archive Index - February 2001

["nick" <acummin@es.co.nz>]

     D ont usually bother with theis magazine, however the

february issue is actually rather interesting (mag improving?)

      Interesting article on frucor, apparantly cs first boston rate

the stock a buy  with a target price of 2.82 plus 70c for the uk upside.

 While ubs warburg rate the stock a strong buy with a target price of 2.56.

         The article seems fairly objective giving both the plus and minuses of the\

stock. Comes to the conclution that the stock is doing well but will not

be rerated upwards until the market sees evidence  of further inroads into

the australian market, and /or  signs that the uk market is opening up.

                 The article on tourism holdings is rather amusing in light of the

happenings of the last few days.   The article concerns the profit downgrade

and wonders why the company didnt come clean with the market when

the full year result was delivered in september.   They are talking about the first

downgrade,  the article was written before the second one, when the shareprice

was around 1.90.  Even so the article does a good job of giving the problems

associated with THL.

          Quite a few other interesting articles too , worth picking up at only 5.50

 

              nick