re: Ann: Quarterly Activities Report for peri... UBS 29/01/2010 3 Neutral $4.20 14.1%
Slow movement of resin from resin in pulp at Kayelekera sees UBS reducing its FY10 profit forecasts by 32% as Kayelekera is now expected to reach nameplate in 4Q10 instead of Q3.
The broker sees valuation as interesting, but requires comfort on the companys operations.
Target falls 70c to $4.20.
Ann: Quarterly Activities Report for period endin, page-20
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