what does citi know anyway

would you trust anything citi tells you?

these are the guys that put a sell recommendation on NAB at $28!!! also the guys that lost billions on sub prime loans.

but guess what, they were fine charging FMG $100m or something like that the get their bond issue off the ground and then turn around and say how bad the stock is. Im no fan of FMG but seriously can you trust anything any part of the group says?

So when the directors of CEU increased the div they did it because they expected then to have to reduce the div at a later date? come on!!!

UBS has a price target of $1.65 based on 90% traffic forecasts. Dont be surprised to see CEU beat the estimates and when that happens seeya later $2!!!

Given the expected future PPP's in Vic and the expected traffic increases this should result in higher traffic numbers on eastlink and therefore more revenue.

CEU at these prices is a steal, i would suggest that citi focus on actually gettting something right. why didnt they put out this price target when the price hit $1.90?? the reason is because the analysts are reactive, ie the are momentum players.

$1.17 target, what a bloody joke that is.