Forum Archive Index - August 2001

["Christian Mair" <product@adidas-ep.co.nz>]

I rate FRU as a hold. Net profit after tax was actually down. Can't see any light at the end of the tunnel for them in the UK. Sales down-under are not spectacular. There is also too much hype around the company.

 

Await further comments with interest.

 

Christian

discl. no FRU

 

 

-----Original Message-----
From: owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of nick
Sent: Wednesday, 15 August 2001 4:40 p.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] Frucor

        All considered a good result from Frucor, they have performed

admirably in australasia, and the u.k adventure, while off to a slow

start could be beginning to gather momentum.

         Interesting to note that  the coservative j.b.Were  have put an

accumulate on the stock,  valuing the australasian buisness at

2.10  with a further 50c value on the global operations.

         Up today on very heavy volume, looks like the market

has taken the result in a positive light.

            

           Nick