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Investment View (over the next 12 months) - We believe that the...

  1. brian11
    1,892 Posts.
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    20/12/04
    00:19
    Post #: 723171
    Investment View (over the next 12 months) - We believe that the downside risk to Discount Variety is more than adequately reflected in the current share price. We have hence upgraded our recommendation to BUY on recent share-price weakness. Our BUY recommendation is supported by the attractive yield ?notwithstanding a cut in the dividend projected for FY05. In addition, we believe that the undemanding price ascribed to the discount variety business, reinforces MRL as a likely takeover target. BUY recommendation.

    taken from AEGIS RESEARCH
    MRL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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