ARKET TALK:ML Lumps Oxiana, Ainsworth, Nylex Among Trash 21/07/06 13:02:00
1302 [Dow Jones] STOCK CALL: Merrill Lynch HK-based analyst Spencer White, convinced Asian equity markets are going to re-test lows, says now is the time to sort and sift "through the trash". Among this group of 10 that White says are "the most toxic looking" are three Australian stocks: Oxiana (OXR.AU), Ainsworth Gaming (AGI.AU), and Nylex (NLX.AU). Advises "stick with the quality" for next 6 months, including local retailer Woolworths (WOW.AU). (IGP)