PaperlinX Ltd

By Intelligent Investor · 24 Aug 2001

By Intelligent Investor ·
24 Aug 2001

Up 7% since issue 84 (Hold for yield - $3.91) thanks to a 23% lift in profit to $105.6m. With $400m in cash to spend, the company is keen to exploit more acquisition opportunities in the United States. A fully franked final dividend of 14 cents per share was declared, but we don't think Paperlinx warrants an upgrade just yet. Continue to HOLD FOR YIELD.

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.

PaperlinX Ltd

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PaperlinX Ltd

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