ASR - Outstanding recovery play.. my tip of the year

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Hectorp - Sat, 01 Jan 05 :

from a recent AFX, the following gives some hope for 2005, especially seeing the share price today:
Bill Price, chairman and chief executive, said: "The business has shown
significant trading improvement over the past eighteen months as reflected in
the latest financial results and the current order book and pipeline of
contracts."
He also said that that trading for the year so far is line with market
expectations and that sales for the four months ending Oct 31 2004 total 1.487
mln stg, a 32.5 pct increase over the same four months last year.

- I suspect I'll buy my shares back this week coming having sold at a small gain in August or earlier. I know its no sure bet! However any small improvement could see a 30% rise. I agree with above posters - a trading update in January would help greatly.
Happy N Y to all holders.


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