KZL 0.00% 12.0¢ kagara ltd

I was in the US last month, so I must have missed this but did...

  1. 1,686 Posts.
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    I was in the US last month, so I must have missed this but did you guys know that two brokers picked up coverage on KZL, which is significant because nobody had stated much for almost a year prior to these reports.

    They're up on the KZL website.
    http://www.kagara.com.au/?page=investor§ion=2&subsection=5

    Southern Cross upgraded KZL to a buy when it was 63c and placed a 12 month price target of 86c.

    Macquarie Equity Research also initiated coverage at 64c with a neutral stance but notably stated:

    FY11 EPS changed to A$0.077ps from A$0.097ps.
    FY12 EPS changed to A$0.165ps from A$0.160ps,
    FY13 EPS adjusted to A$0.249ps from A$0.165ps.

    Target price updated to A$0.88ps from A$0.90ps.

    This stock will fly when the next quarterly report comes out.

 
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Currently unlisted public company.

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