Computershare Limited

By Intelligent Investor · 15 Nov 2002

By Intelligent Investor ·
15 Nov 2002

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Computershare Limited - CPU

Current price

$27.92 at 16:40 (19 April 2024)

Price at review

$1.86 at (15 November 2002)

All Prices are in AUD ($)

At its recent annual meeting this share registry giant delivered another kick in the teeth to its dwindling group of supporters (including us). A profit warning was slipped in at the end of the chairman's address. This sort of behaviour is disappointing to see and the stock price has fallen a nasty 19% since issue 111/Sep 02 (Long Term Buy - $2.31). We're not comfortable upgrading at the moment but we are sticking with our previous call. LONG TERM BUY.

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.

Computershare Limited

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Computershare Limited

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