Spotless Group Limited

By Intelligent Investor · 26 Jul 2002

By Intelligent Investor ·
26 Jul 2002

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Spotless Group Holdings Limited - SPO

Current price

$1.71 at 16:40 (02 September 2019)

Price at review

$4.36 at (26 July 2002)

All Prices are in AUD ($)

There's been no news and yet the institutions are pulling out. This has pushed the stock 8% lower since issue 102/May 02 (Hold for Yield - $4.72). At these reduced prices the fully-franked yield gets better for newcomers. We like its services business but aren't prepared to upgrade our recommendation just yet. With some concerns over its UK operations, 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.

Spotless Group Limited

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Spotless Group Limited

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