coates now .... whos next, page-6

cat lady

shirt tales.... true

however I have been following this sector for a while and it considered to be undervalued.

Deutche and UBS have a 40% increase

Feeling is that director leaving and rain are just temporary things and business is considered to be fundamentally sound.

Recently made an acquisition.

The clincher for me now is takeover activity.

But depends on your criteria

A bit of info

UBS 02-May-07 1 Buy 2 $4.80 41.2%
BOL's acquisition of Moorland Hire is mildly accretive but has little effect on the bottom line, the broker says. No changes.

Deutsche Bank 02-May-07 1 Buy $4.80 41.2%
The Moorland acquisition will be 35 accretive in FY08, the broker calculates. The broker continues to believe BOL is undervalued against FY08 earnings as the share price has suffered as a result of excess rain.