Stockford Limited

By Intelligent Investor · 19 Oct 2001

By Intelligent Investor ·
19 Oct 2001

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Stockford Limited - SKD

Current price

n/a

Price at review

$0.33 at (19 October 2001)

All Prices are in AUD ($)

The release of shares from escrow has put pressure on the share price lately. That was the last thing this stock needed following its disastrous profit announcement last month. We gave up in the email update to issue 83 (Sell and Stop Losses - $0.60) and reiterated that view in the update to issue 86 (Steer Clear/Sell - $0.46). Although the share price seems to have stabilised at these lower levels, continue to STEER CLEAR.

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.

Stockford Limited

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Stockford Limited

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