1. Most Discussed
  2. Gainers & Losers
FGL $5.38

one opinion

  1. Malcom

    123 posts.
    Bell Potter Securities just announced.

    Foster`s group this week reported a positive result with net operating cashflow jumping from $58.4million to 225.7 million.
    Earnings before interest tax and amortisation in both domestic and international was higher reflecting strong performance, particulary in the US .
    Despite strengthening in the Australian dollar, Beringer still managed an increase of EBITA of 9.6 per cent.
    We are expecting earnings per share growth of about 7 per cent in both fiscal 2003 and 2004.
    With a prospective 2003 price earnings ratio of 14.3 times and a fully franked dividend yield of 4.3 percent. We maintain our buy rating on Fosters and have a price target of $5.10.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top