TOY 0.00% 0.9¢ toys'r'us anz limited

why won't this stock turn, page-5

  1. 2 Posts.
    In late 2003/early 2004 several brokers/researchers were concerned about FUN's projections for their cash position and debt coverage in the 04/05 tax year. That seems to have shown itself as a problem. However, these brokers also indicated that this was just a dip or aberation in the overall postive trend they saw for FUN. The cynic in me would bet that they timed the NZ acquistion (which I believe was immediately earnings positive) to cover this issue. If these brokers were right on both counts then we may see a quick positive turnaround for FUN.

    Cheers

    Tony
 
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