FGL 0.00% 1.4¢ frugl group limited

latest rating

  1. 2,602 Posts.
    BA-Merrill Lynch 02/10/2009 1 Buy, Low Risk $6.50 15.2%
    The broker notes that while a stronger AUD may impact negatively through lower Wine earnings, this is more than offset by an eventual increase to Beer earnings and reduced interest expenses.

    This means on the broker's numbers, an AUD/USD of 0.88c would likely see the valuation increase beyond the current $6.50. Buy and target maintained.
 
watchlist Created with Sketch. Add FGL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.