"ABN Amro 09-Feb-07 3 Downgrade to Hold from Buy $2.10 7.1%
Target $2.10 (was $3.50). While regulatory changes will impact the broker notes there remains an annuity-style business from which the company will generate earnings.
Following the change the broker has cut its forecasts for FY08 to $50.9m from $104.4m and in FY09 to $63.2m from $117m.
Valuation has been reduced to $2.35 from $4.52. "
whats it worth, page-4
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
