help on this fallen stock please, page-4

some info on stock for arthur


Not a single T/A reply, looks like I will have to answer myself


I will list a few details that I have found ,but best you do your own research

Over the past few years the company has sold a lot of sectors that have been making the most losses

Stopped the dividend (they did not like that on the chart)

Looks like gearing has been reduced from 80% in 2000 down to 64% 2004

Interesting to look at the chart you can see the major tops and bottoms are in those years .

Also brought Boomerang Paper , a niche paper merchant ?

Had a Board of Director reshuffle

Last most recent report to ASX says recent sales are strong

And lots more

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In my first post I posted the NTA as $1.33 from

Sandfords site which was wrong ,it was taken from 2003
Net Tangible Assets on the last prelim report is 83c

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And the most important thing of all is it looks like it is trading at less than its NTA

CPI
Last +/- %.... Bid ..Ask. Open .High Low
64 +1 +1.6% ..63 .. 64 . 64 .....64 ..64

An audited report is due out soon which should have sales figures ,and if there are no other suprises that should please shareholders

Free reports @Stocknessmonster

Now thats not a bad summary for a mug punter ,

No clapping or applauding necessary as It is not a normal occurance on here