what the brokers are saying, page-6

so let me get this right, at least 4 out of 7 brokers have got this stock on either a hold/sell reco!

given that Coates had to go overseas to fund their long list of bolt on acquisitions and that their npat fell below many expectations, i was quite surprised that they also raised the divi(to please either the market or major stakeholders?)

once COA goes EX DIVI 10 cents you 'might' be able to pick this stock up with a FOUR in front of it! and then the so called gurus will have to re visist their recos!

ABN Amro 20-Feb-07 3 Downgrade to Hold from Buy $5.80 4.3%

Macquarie 20-Feb-07 3 Downgrade to Neutral from Outperform $5.96 7.2%

SB Citigroup 20-Feb-07 5 Sell, High Risk $5.13 - 7.7%

JP Morgan 20-Feb-07 3 Neutral $6.10 9.7%