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intrinsic value - Thu, 28 Dec 06 :

We've already been at this level for 6 months.

Last year we got a trading update in November and then FY results in March.
If a previous poster was correct that he called the company and they are not planning to release a trading update this time round, then we are potentially going to have to wait 3 months for the next set of news that can move the sp.

So far we have had one broker note and that was 'neutral'.

It is still very cheap on the fundy side, but perhaps the market is looking for confirmation after the low manufacturing Philly numbers in the States.

Patience required with this one.
A LOT of patience..
A break of 900p would help a lot


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