clive peeters

strong buy

Austock securities has maintained its strong buy recommendation for CPR despite the company's NSW operations continuing to drag earnings down.

the company recently reported an interim profit of $9.7 million- up 8% but below austock estimates.

however, the brokersaid that, exluding worse-than-expected
results in NSW, the biusiness was in good shape, with NSW "offreing significant upside medium term" and new store revenue for 08-09 expected to surpass 07-08.
clive peeters lost 15c to $1.12.

this was written in the west australian today