This is an extract from the West Feb 06 2008 :
http://www.thewest.com.au/default.aspx?MenuID=33&ContentID=57443
UBS Warburg advise investors to take advantage of ABC Learning’s (ABS) poor performance and BUY the stock. They say although the rest of the market is factoring in negative EPS growth, they see 11 per cent growth in EPS in FY08 “driven by: (1) domestic margin gains and (2) margin gains on pcp from the key US portfolio”. They have a $6.04 target price. Price down 4.8 per cent or 21c today to $4.14.
And have a look of the announcements :
UBS nominees changes in substantiate holdings :
as Oct 18, 2007 29,976,162 shares
as Feb 13, 2008 24,203,554 shares
as Feb 15, 2008 17,200,418 shares *** (roughly)
ABS
a.b.c. learning centres limited
