Snippets from page 27 in today's AFR."Investors sniffing victory...

  1. 666 Posts.
    Snippets from page 27 in today's AFR.

    "Investors sniffing victory for Metcash in the wholesaler's federal court battle"

    "Metcash is trading at a discount to the major grocery chains, at 11.9 times 2012 earnings per share, compared with 13.9 times earnings per share for woolworths, an offers a 7 per cent yield."

    "Linwar has an 'outperform' rating and a $5 price target."

    I'm hoping Metcash wins this current court battle for the good of the company, but more so to leave a dirty stain on the ACCC and the golden handshake coming midyear.



 
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$3.90
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-0.010(0.26%)
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