Intelligent Investor

Burswood Limited

By · 23 Mar 2001
By ·
23 Mar 2001
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Recommendation

Bir Financial Limited - BIR
Current price
$0.06 at 16:41 (22 November 2023)

Price at review
$0.76 at (23 March 2001)
All Prices are in AUD ($)
In issue 69 we said Hold Burswood at 78 cents. It hasn't moved in spite of a good showing in the December half-year. On flat revenue net profit after tax was 13.6% better at $15.5m. It was a mixed result at the casino, the pokies doing well and the tables not. At least it has the valuable Swan development to work on ahead of a general business improvement. Keep HOLDING FOR ASSET VALUE.
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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