Smorgon's darkest hour
The Smorgon float of 1999 now looks a disaster and with the construction steel market contracting the stock is unpopular. It may not always be like this, but for now STOP LOSSES/SELL.
BRL Hardy; a tasty target
A bumper profit, strong markets and more growth on the way make the company an attractive takeover target. Management has other ideas. Either way shareholders will win. ACCUMULATE.
Village Roadshow's sell-off
A responsible means of paying down debt or selling off the family silver? That is the question hanging over the sale of Village Roadshow's Austereo division. What is left after the sale is still suffering from poor cinema attendances. Until that improves SELL.
SSH waiting for revenues
The stock is trading above the level of our first recommendation in issue 70 to accumulate at 64 cents, but the price has recently softened and our concerns about market acceptance have been allayed a little. SPECULATIVE BUY.
Lend Lease's new clothes
With the company at a low ebb, now is an excellent buying oppurtunity. It is yet to prove that its new strategy will work, but the doubt that this creates means that RISK TAKERS can ACCUMULATE.
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