There is reason for caution however based on the following report - see www.tradingmarkets.com/.site/news/Stock%20News/792812.
Wondering if there is any unfavourable hedging in there as the CFO has resigned. One of the chief reasons for the fall in earnings was the drop in sugar prices and strong AUD. Sugar prices will rise again, but its unfortunate that building products - the other core division i s set to be a future drag on earnings. Having said that, with the current property boom over in Australia, people are likely to invest in home improvements. Anyway check out the latest thoughts and contributions from readers at http://finance.google.com/group/google.finance.674217/messages.
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Andrew Sheldon www.sheldonthinks.com
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