Five bulls for BAe
Article Abstract:
British Aerospace has seen a rise in its share price to 11.60 pounds sterling in 1996 from 1.26 pounds in 1992. Five brokers from a sample of six see the company's shares as lkely to rise further, and one rates the shares a hold. The holder is UBS, which points out that the company is in a cyclical industry and the upturn will not continue indefinitely. Buyers include Panmure Gordon which sees the company as likely to benefit from Lagardere's acquisition of Thomson. Merrill Lynch and Societe Generale Strauss Turnbull are also buyers.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Appeal of BAe revival
Article Abstract:
British Aerospace (BAe) has made a strong recovery since reporting a large loss in 1992, and the company's stock price has also risen. Most analysts see further stock price rises as possible. SG Securities. Henderson Crosthwaite, Williams de Broe and Charterhouse Tilney are all keen on BAe stocks. Albert E. Sharp has a neutral approach and sees deals as difficult to find and important for the company's future. Collins Stewart argues that investors should take profits and is concerned about pressure on prices.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Fokker share in fax scare
Article Abstract:
Fokker's share price has been affected by publicity given to a fax which it was claimed revealed the company's losses as worse than forecast. The fax was sent to a newspaper with a claim that it was an internal document. This is seen as an attempt to affect the company's share price. Both Fokker and its parent, Daimler Benz, have denied ownership of the fax. No decision has yet been taken on Daimler Benz's plans for Fokker, which is being discussed with the Dutch government.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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