As mentioned before GFRD below 25p was and is a bargain. At 20p it
was a steal. Resistance has indeed been broken, and if there
are more New Year and weekend tips, I reckon, it could consolidate
this trend and make a quick sprint towards 30p. Remember
what happened last time the Sunday Times tipped GFRD. All imo and please
dyor.
Latest ratio estimates, dated 30.12.02:
Current=EPS:4.05>Yield:6.74%=1.5p
2003(e)=EPS:5.70>Yield(e)6.97%=1.55p
Sales: Current(2002)=645.50millions
2003(e)=674.75millions
NAV per share(2002)=26.90
NAV per share 2003(e)=31.40
Average recommendations of two analysts covering GFRD:
one is overweight and one is a hold. On a scale of 5 (1=buy,5=sell)
the current rating=2.5 so there is scope for further advancement.
A happy, peaceful and profitable New Year to all on this thread!