More dividend, more profits to come in 2004. Looks like this stock will go back to $5.50+... (finally!!).
Also keeping in mind they are set to get a windfall selling their pubs... but market might worry about a future wine purchase. Personally I think they have proved themselves with Beringer, another purchase would be quite welcome for me.
Also note cashflow from wine increased to over $300m, something the market was worried about a year or two ago.
Cheers, Munch.
FGL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held