TSE 5.50% $1.06 transfield services limited

85 million raised no scaleback, page-21

  1. 19,536 Posts.
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    some got their allocations on Friday.

    Strong AUD$ not helpful for their US earnings, also most brokers have recently revised recommendations to Hold or Neutral.

    Latest being JP Morgan with a $3.42 target
    RBS has a $3.76 target
    UBS has $3.65 and Credit Suisse $3.95

    Looks to me TSE may become range bound
 
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