FWD 1.01% $1.96 fleetwood limited

good w.a company, page-4

  1. 7,397 Posts.

    The voice of two experts

    KCG or FWD ,

    spare me

    ***************************************
    Arthur they are called growth stocks - why because the instos avoid them and as the SP goes up these companies can raise more funds further enhancing their capital position for future growth right ?
    THe defensive steady stocks you mention are best for bear markets. KCG is a future blue sky because the reward/risk ratio is much higher.

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    Bell Potter senior analyst Matthew Ward highlighted caravan maker Fleetwood Corporation for its exposure to the mining sector - mine site accommodation is a major part of its business - plus the popularity of its caravans to Australia's ageing population.


    Three experts chose Fleetwood, shares, which have more than doubled in the past 12 months.

    "Fleetwood will continue to grow earnings strongly this year driven by recent acquisitions, capacity increases in the caravan business and the ramp up in the Burrup Fertilisers accommodation project," Paterson Ord Minnett analyst Rob Brierley said.


    2003 West Australian Newspapers Limited
 
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