BLY boart longyear group ltd
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I maybe wrong. UBS announced this morning to became a...

  1. mle
    245 Posts.
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    27/05/13
    09:49
    Post #: 11811797
    I maybe wrong.
    UBS announced this morning to became a substantial holders but as I remember they are the broker rated a SELL on stock.
    Such a liar UBS.

    UBS 22-May-13 Boart Longyear now expects 2013 earnings to be at the low end of consensus expectations. UBS has reduced 2013-15 earnings by 41-82%, expecting the exploration outlook to continue deteriorating.

    A Sell rating is retained and balance sheet risk is now a key issue. The price target is reduced to 70c from $1.60.

    Sell
    BLY Price at posting: 64.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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