analyst upgrades, page-4

How well did the VBA share price hold up on Friday. The market fell a healthy 2.9%, QAN fell 4.2% and VBA fell only 1.9%, there was plenty support around 51.5c. I believe its because the market (not just a few brokers) has realised the inherent value in VBA.

Following on what from Matteomc said, while Brett said based on current trading conditions he expected VBA to move to profitability in 09/10, I think he was taking the approach its better to be conservative than wrong. And given the post by Northboy about broker upgrades I think they agree. Especially given that conditions are expected to improve over the rest of the financial year. Brett hinted at this during the AGM when he spoke about yields etc. This stock will go higher in the next 6 months. Jump on board.