reccomendation change, page-7

http://www.smh.com.au/news/xchange/how-about-giving-earnings-a-go/2007/07/25/1185339081721.html

"...In June Macquarie Bank predicted a fall of 6.2 per cent for the index in the forthcoming year, partly based on over-valuation creeping into the ASX 200.

In coming to grips with this, it conducted an analysis of the ASX 200, looking at strong forecast earnings and lagging share prices.

Basically, this analysis picked out stocks that had not been driven up by hype, and were, importantly, forecasting strong growth in future profits.

The companies it came up with included the following: WorleyParsons; Rio Tinto; Transpacific Industries; Computershare; Henderson Group; QBE; Seek; BHP Billiton; Cochlear; Jubilee Mines; Minara Resources; SingTel and News Corp..."

Perhaps MBL has been the mysterious bulk buyer of late...