good w.a company

Posted this one before but it is comming back now could be worth watching ,
A good growth stock this present economy , mining and baby boomers








FLEETWOOD CORPORATION LIMITED - ORDINARY Last: 558
Change: -2 (-0.4%)
52-Week Range: 274-600

Current Bid: 555
Current Ask: 558
Total Class Issue: 45,224,175
CHESS Eligibility: CHESS eligible
Net Tangible Assets ($/share): $1.2
Code: FWD Div. Payable Date: 31/10/2003
Open: 558 Ex. Div. Date: 08/09/2003
Day High: 559 Franked Pct: 100%
Day Low: 551 Status: Normal
Trades: 20 Earnings/Share: 29.1
Volume: 21,737 Div. Rate/Share: 14
Value: $120,521 P/E: 19.18
Market Cap (Undiluted): 252,350,897 Industry Sector: Consumer Discretionary
Previous Close: 560 Industry Group: Consumer Durables & Apparel





Latest News
• Fleetwood wins contract to supply 230 park homes (RWE, 3 Oct 2003)
• Fleetwood net up 48pc to $11.2m; final 8.5c (7.5c) (RWE, 28 Aug 2003)
• Fleetwood net up 48pc to $11.2m; final 8.5c (7.5c) (RWE, 28 Aug 2003)


Latest Company Announcements

Date Issuer Announcement View

5 Nov 2003 FWD Ceasing to be a substantial holder



5 Nov 2003 FWD Change of Director's Interest Notice



5 Nov 2003 FWD Change of Director's Interest Notice



5 Nov 2003 FWD Appendix 3B-Exercise of Emp & Exec Options & DRP



31 Oct 2003 FWD Results of AGM



31 Oct 2003 FWD Company Update - Profit Forecast



8 Oct 2003 FWD Annual Report/Notice of AGM



3 Oct 2003 FWD Contract Award

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Fleetwood is expanding its manufacturing operations in Perth and Melbourne to cope with record demand for its caravans and park homes.
The expansion follows last year's acquisition of Windsor Caravans in Melbourne and parts supplier Car-Van in Sydney.
The rapid growth has been driven primarily by retirees and the resource sector and is expected to underpin further profit growth this year.
Fleetwood had originally planned to build Coromal caravans at Windsor, which is constructing a second production facility in Melbourne.
However, increased demand for Windsor caravans is expected to .. the extra output so the ….. is planning to build a 5,000 …… metre factory adjoining .. …..existing 8,500 square metre …… at Forrestfield. …… director Stephen Gill said Coromal already employed about 120 people and anticipated that number would grow by about 30 per cent.
Mr Gill said Fleetwood was also on the lookout for a six hectare site in the Forrestfield area so that it could integrate the operations of Fleetwood Portables, currently in Welshpool and Fleetwood Durabuilt, now in Maddington
He said he expected the integrated operation would be more efficient and allow for further expansion.
At Fleetwood's recent annual general meeting chairman Peter Gunzburg said the company was forcasting another record profit in the current financial year.
Bell Potter senior analyst Matthew Ward has forcast a 43 per cent lift in net profit to $16.1 million in 2004, with further strong growth in 2005.
Following the comments at the AGM, Mr Ward said it was possible profit could be even higher than forcast.