Intelligent Investor

Boral Limited

By · 14 Dec 2001
By ·
14 Dec 2001
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Recommendation

Boral Limited - BLD
Current price
$5.87 at 12:10 (13 May 2024)

Price at review
$3.22 at (14 December 2001)
All Prices are in AUD ($)
Boral (BLD) - $3.22: Unlike James Hardie, the bulk of Boral's revenue (75%) still comes from Australia and not the US. Even with the Yanks officially declaring a recession, James Hardie still has an edge over Boral due to its product technology. We didn't think Boral offered value in issue 87 (Sell - $3.48) and still don't. The Aussie housing boom cannot be sustained at these levels for long. SELL.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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