Analyst Research Report Snapshot

Title:

QUAYLE MUNRO HOLDINGS - BELOW TARGET

Price:

$10.00

Provider:

Edison Investment Research

Date:

17 Mar 2009

Pages:

2

Type:

AcrobatPDF

Companies referenced:

QYM.L

Available for Immediate Download
Summary:

Following the recent interim results we have significantly reduced our PBT and EPS forecasts by c 57% for the next two financial years to reflect the challenging conditions in Corporate Finance and, to a lesser degree, in Public Finance, as well as the impact of lower interest rates on cash balances of c £8.7m. These provide a strong bulwark to withstand the recession, but until financial markets start to stabilise, investors are likely to be cautious about the shares. FOR MORE INFORMATION ON ATTACHED RESEARCH PLEASE CALL 020 3077 5713 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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