Analysts wait for outcome of revamp before fully endorsing Pacific Dunlop

Article Abstract:

Analysts are adopting a wait-and-see stance concerning a planned corporate revamp before recommending the purchase of Melbourne, Australia-based Pacific Dunlop Ltd. stocks. The company has announced its plans to dispose of several assets, undertake a reorganization and purchase its own shares. Analysts' concerns include the company's uncertain earnings potential and its mostly domestic brand portfolio, among others.

Electronic Hearing Aids, Electromedical and Electrotherapeutic Apparatus Manufacturing, Electromedical equipment, Pacemakers, Evaluation, Hearing aids, Medical equipment and supplies industry, Medical equipment industry, Pacific Dunlop Ltd.

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National Foods deserves a nibble, analysts say

Article Abstract:

National Foods Inc.'s stock has declined in the midst of increased competition on Australia's yogurt shelves and concerns on the company's overall profit outlook. A Hong Kong-based company, Asian investors and a Singaporean investment company showed interest in the food company. National Foods Inc. is involved in the manufacture and distribution of milk products, fruit-based juices and food packaging.

Management, Sydney, Australia, Swift-Eckrich Inc.

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San Miguel gets lukewarm recommendations from analysts worried about profit slowdown

Article Abstract:

Analysts have taken a pessimistic view of Philippines-based San Miguel Corp. in view of poor earnings growth projections. Many believe that the conglomerate's long-term prospects remain very good but they also express concern over forecasts of short to medium term performance. San Miguel stocks have plunged sharply after the company announced that it expects earnings growth to slow down until 1998.

Beverages, Beverage Manufacturing, San Miguel Corp.

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