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Agree in total about total recovery stocks but........They are scarse. The broker put tags with 40-50p. This is inclusive of the all the previous news. Ok mate obviously dilution in these stocks is evident but with capital raising reducing debt and creating liquidity I for one can see why these shares are set for a modest recovery. P.S I am heavy in TW. Regards Dave.
This will def be an earner its now just a waiting game. If the SP stays neutral without any recovery, when it does come it could be a big fast recovery which could take some by surprise. IMO. As always good luck with all your investments. I got in COST @ 30.5 the other day based on fundamentals and a 52 week chart breakout. The company has just won lots of big contracts & it looks like its on course for a good recovery. Brokers have it as a buy with anything between 40-50p target. Regards
I got in here @ 30.5 I have done my research and think this could become big. With big contact wins and stabilising financials I can see this topping previous highs. I have had a look for some fundamentals: http://www.share.com/cgi-bin/oicgi.exe/inet_tsc_dl2?epic=COST&csi=11401&action=financials&sub_action=fundamentals
Morgan Stanley reckons Rentokil's long-suffering investors may at last have cause for cheer. The broker says the pest control to parcels group, which has issued a string of profit warnings in the last two years, may finally be recovering thanks to cost-cutting and growth plans. It says these initiatives could add 45p to today's price of 101.5p, off 0.1p, and that CitiLink's losses are being trimmed.
http://investing.thisismoney.co.uk/cgi-bin/digitalcorporate/thisismoney/broker_rec.cgi 05 Aug 09
http://investing.thisismoney.co.uk/cgi-bin/digitalcorporate/thisismoney/broker_rec.cgi