FUN 19.4% 2.5¢ funtastic limited

The Age Money Section today

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    Funtastic (FUN, $0.71) BUY
    Ashley Seller, a private client adviser with Tolhurst Noall, says Funtastic distributes and markets children's products. "Funtastic has positioned itself as a supplier of choice for the major retailers,'' Mr Seller says. "It has new distribution agreements, a sound growth profile and good potential for a suitable acquisition. Funtastic has a low price-earnings ratio of around 8 times, a fully franked yield of more than 7 per cent and a short term price target of 80 cents. Buy.''

    Half yearly report should come out in next week or two. An underrated little gem of a company.
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