Laura Ashley, British Polythene Industries, Anglo Pacific Group

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Laura Ashley - meets all criteria and with good fundamentals - at least in terms of reported profits.  However its UK retail trade is declining over the year.

British Polythene Industries - meets criteria too - even greater reduction in volume than Laura Ashley and increased price.  Have some doubts about it realising 3% based on recent price levels.

Anglo Pacific Group - similar to BPI but with added that more likely to realise 3% increase.

Decision - buy APF subject to early morning prices at about £1.60 per share.

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This page contains a single entry by Stuart published on September 24, 2008 8:01 PM.

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