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  • 16-10-2007 9:46pm
    #1
    techguy
    Registered Users, Registered Users 2 Posts: 2,237 ✭✭✭


    Hi Guys,

    Has anybody here got any opinions on the current share price?? I went in last time at €32.65 and at the current price of €26.85 I am tempted to go in again to bring my average cost down..

    Or is it currently in the Bearish stage??

    What are other people going for? The other eye is on BHP Billiton..:confused:


Comments

  • #2
    Selik
    Registered Users, Registered Users 2 Posts: 1,678 ✭✭✭Selik


    Picked up a few shares in them myself at €20.44 2.5yrs ago and also thinking of picking up a few more shares in the company as the price does seem quite cheap. They are certainly a very solid company with a serious appetite for acquisitions which is obviously great for earnings. The current markets and in particular the ISEQ seem incredibly fickle though so who knows really. Long term I'd back them as an extremely safe bet though.

    Other opinions also welcome as I'm pondering over this too right now! Same deal with BOI (also have shares in them too).


  • #3
    techguy
    Registered Users, Registered Users 2 Posts: 2,237 ✭✭✭techguy


    Seems like good advice, thanks Giles.

    I have been doing a bit of research into Broadcom too which seem like a choice at the moment too.. they have announced quiete a bit in the last few days.


  • #4
    [Deleted User]
    Posts: 5,589 ✭✭✭ [Deleted User]


    Giles wrote: »
    with a serious appetite for acquisitions which is obviously great for earnings.

    I would disagree with that - inorganic growth may not be sustainable.

    I don't know much about the company, but from the bits and pieces I heard, aren't they picking up a major US player?

    That would put them dependant on US construction, which looks kinda shaky?


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