Don't shoot the messenger. ello lulia. End of year profit taking, closing positions ’06. Across the board. Buying opportunity IMHO. See UKC BUY rating below:
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Evolution Raises UK Coal Target; Still BUY
Dow Jones Newswires :: Monday, December 04, 2006 4:37:31 AM ET
0817 GMT [Dow Jones] Evolution ups UK Coal's (UKC.LN) target SHARE price to 500p from 242p, citing "sound fundamentals," noting the company "has a number of attributes that we believe make it an ACQUISITION target."
It says that in particular, the recent strategic review outlined a roadmap that will see it realize GBP440M net of tax and rehabilitation costs, and notes Peel Land and Property now holds a 21% strategic stake in the business.
Has a buy rating on the stock, shares trade +0.8% at 416.5p. (PBA)
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