DK: Still Too Many Risks In Vestas - SG
Friday, August 25, 2006 11:13:47 AM ET
Dow Jones Newswires
1356 GMT [Dow Jones] Although Vestas (VWS.KO) has reassured investors about an ability to turn the company around, too many risks remain, says Societe Generale. Component delays, weak dollar, warranty provision and patent dispute all could prevent group from reaching 4%-7% 06 margin guidance. Keeps sell rating and DKK130 12-month fair value on the stock, which fell 10% after 2Q results after 30% rise in 3 months. Shares trade +1.5% at DKK155.25. (CAP)
http://www.newratings.com/analyst_news/article_1354457.html
Dow Jones Newswires
1356 GMT [Dow Jones] Although Vestas (VWS.KO) has reassured investors about an ability to turn the company around, too many risks remain, says Societe Generale. Component delays, weak dollar, warranty provision and patent dispute all could prevent group from reaching 4%-7% 06 margin guidance. Keeps sell rating and DKK130 12-month fair value on the stock, which fell 10% after 2Q results after 30% rise in 3 months. Shares trade +1.5% at DKK155.25. (CAP)
http://www.newratings.com/analyst_news/article_1354457.html
posted by 0range at 26.8.06
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