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NSB - 2003

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Mercier et Camier - Sat, 27 Dec 03 :

ihatemms - 27 Dec'03 - 21:15 - 13595 of 13595

"2. The last interims stated UK was the growing segment for sales. The US sales fell and will undoubtedly fall again in Q2 2003 as the US$ has nosedived (one of the main reasons given for the fall in the last interims)_. Hence I think Q2 sales overall will be poor."

I think you're far too modest and fearful of being accused of deramping.

The collapse of the US dollar will result in NSB falling back into the red. I'm expecting NSB to report losses in the region of £1.5 million. These losses needed offsetting hence the sale of the UK OPS.

With the US entering an election year the dollar has further to fall as the Bush administration continue to stimulate the US economy by making imports more expensive and exports cheaper.

One turkey is quite enough for anybody over the Yuletide. SELL.


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