STW Communications Group Limited

By Intelligent Investor · 29 Nov 2002

By Intelligent Investor ·
29 Nov 2002

CEO Russell Tate has confirmed that this advertising company should meet profit forecasts for the year to 31 December 2002. This entails a 40% increase in profits to $24.5m and earnings per share growth of 22% to 15.5 cents. The stock has jumped 16% since issue 116/Nov 02 (Buy - $2.51) but remains very good value. 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.

STW Communications Group Limited

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