GREY:MGORF - Post by User
Comment by
toby12on Jul 10, 2002 12:35pm
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Post# 5274822
RE: My thoughts only
RE: My thoughts onlyOld book value has been running between .45 and .52. Won't know the current util reading the annual report. There are possibly other factors involved here which led me to posting a price range (some of these musings were posted by somebody a while back) and if in any way true would mean that any privatisation would have to be fair to both parties. I'll leave it at that and wait and see what happens.
As for off-road, they have always done well in that sector with smaller more lucrative contracts and less head-aches. Anyway like you I have been waiting and waiting for something good to happen and getting rid af their long term debt will certainly be a big bonus in my eyes.
Good luck to all of us. Win or loose.
Regards.....