brambles bargin bargin, page-7

Global revamp has approx 8 - 9 months to go - savings in upper mannagemnt wages alone add up to 33 us jobs and 30 million in ONGOING savings.

Now that process is being finalised in UK. It looks to me like the final restructure. Smith Barney have BIL at a target price of $6.53 - If the earnings dont suprise on the downside and the forcast and anticipated 2nd Half peformance in CHEP USA hits the mark - then its off to the races.

Some profit taking at $6.00 pushing the price done - but when it runs due to the top 20 holders having such a major state in BIL the index huggers will have to pay top dollar as its storms back into favour.

Its my opinion only - yet , as gobblin will attest ( after his many dud calls) I am more right than wrong.

BIL : $6.50 by End Sept - lock that on in eddie.


Read the red.


singas
THE GOBLINATOR & CEO LBGM foundation.