TSE 5.50% $1.06 transfield services limited

spp info just released to market, page-14

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    Most brokers lowered their forecasts on TSE, with 12 month target of $3.60 to $3.80 and i think Deutsche Bank also has a sell.

    I am being cautious when brokers are tipping $3.60-$3.80 in 12 months yet we have already arrived there.

    So i guess we will see a number of downgrades to "hold" or "underperform".

    Used the funds to go into DOW as it has been lagging.
 
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