Analyst Research Report Snapshot

Title:

MOLINS - DELAYED ORDER INTAKE

Price:

$10.00

Provider:

Edison Investment Research

Date:

22 Jun 2010

Pages:

2

Type:

AcrobatPDF

Companies referenced:

MLIN.L

Available for Immediate Download
Summary:

The Molins trading statement, naturally, comes as a disappointment, but in the context of the fragility of the global recovery, it should not be a total surprise. The likelihood of a useful rebound in 2011 ought to have limited the share price reaction. Management appears to have reacted quickly to restrict the impact, suggesting that the marking down of the share price represents an interesting buying opportunity.

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