Aussie Joe
Re; "Lapdog, do you have any detail on "CommSec's persistent downgrading of OZL's earnings expectations" please?"
The data below has been read directly from CommSec's Professional Trader website charts [Forecast Earnings trend in cps]. The "~" symbol means, "approximately".
90 days ago: 2008 [19.4cps] & 2009 [~44cps]
60 days ago: 2008 [~19cps] & 2009 [~42.5 cps]
30 days ago: 2008 [~16cps] & 2009 [~35cps]
7 days ago: 2008 [~14cps] & 2009 [~30cps]
Current: 2008 [~6cps] & 2009 [~29cps]
AJ, personally I place little faith in anything to do with CommSec any more - 12 months ago they valued VBA at $2.87!
Hope this helps; cheers mate!
Disclosure: I remain long term bullish on OZL - purchased from more today!
4YIO - NFA
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