whats the story, page-4

Aspect Huntley 17-Apr-07 1 Upgrade to Buy from Accumulate - -
The company has revealed bad weather will impact on earnings, meaning 2H profit will be only slightly higher than for the previous six months.
Aspect Huntley has adjusted its forecasts for FY07 acordingly and generated a new valuation of $3.75, but with the share price well below this level it has upgraded its rating.


SB Citigroup 03-Apr-07 3 Hold, High Risk Target $3.47
Two profit warnings in two months is not exactly something that will increase the stock's popularity on the stock market, and that's putting it mildly.
Citigroup analysts have cut earnings forecast by 8%. They now have a feel of "ex-growth" about the stock while believing its multiples are "not yet attractive enough".

Target goes to $3.47 from $3.83.


UBS 03-Apr-07 1 Buy 2 Target $4.80
Cyclones in the Pilbara have led to earnings guidance now being flat for H2 instead of 20% growth. The broker has reduced 2007 earnings by 8%. Target falls from $5.00 to $4.80.

Deutsche Bank 03-Apr-07 1 Buy Target $4.80
The excessive discount to NPV is even more excessive now as BOL downgrades FY07 EPS growth back to 10% due to the effect of heavy rain on demand, the broker says. This is not a systematic problem, and FY08 is unchanged. Buy retained.