Aussie Joe
I should have added that CommSec's analysts recommendations re OZL atm are:
Strong Buy: 6
Moderate Buy: 6
Hold: 3
Moderate Sell: 1
Strong Sell: 0
This contrasts markedly with those for CBA [3 analysts recommend Strong Sell, 4 Sell, 7 Hold & only 3 recommend Moderate Buy with Nil for Strong Buy].
Seems somewhat incongruous that their analysts are bullish re OZL & yet their estimates of eps for 2008 & 2009 have been progressively lowered these last three months. CommSec also reports that OXR disppointed the market [ie. CommSec?] with its December results by 4.71% [2006] & 9.71% [2007].
As per my earlier post, many of CommSec's projections have been very wide of the mark these past 12 months!
4YIO - NFA
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