Redhall Group (formerly Booth Industries) : niche markets turnaround play

A typically conservative broker note. Gone forever are the days of upper bound projections.

I have to say that I personally hate these 'fully diluted EPS' calculations. They can be extraordinarily misleading when applied to some companies.

We are already at their target price so their note is a bit of a damp squib. And haven't we got tax losses carried forward to offset profit against (or am I thinking of a different company)?

Whatever, it's a long term hold in the real sense (not the pretend sens eof a short term trade gone wrong!).

goml