UBS 14/10/2008 1 Buy $0.85 975.9%
The company has withdrawn its FY09 guidance citing recent deterioration of "financial and other" markets in the last 2 weeks. The interim distribution was cut and the final dividend is to be reassessed next year.
While the broker thinks the stock is cheap, it admits investor confidence, particularly with respect to debt covenants and earnings outlook, will remain a problem. However, earnings and valuation are unchanged, with the broker waiting for further clarity before re-assessing.
- Forums
- ASX - By Stock
- VPG
- vpg - 17 censt is my target
vpg - 17 censt is my target, page-14
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |