Hennie, i once asked someone to explain to me what exactly the research report on ARI meant. It had the headlne 'No longer cheap enough to mitigate the risk (sell)). Do you mind please explaining to me what your interpretation of this is. And do you think they will meet thier goal of 2 x 2010?
I also saw it, it is Standard Bank's method of rating buy or sell. The sell rating is not an indication of lower earnings, but that there is too much risk in their forecast methodology. Whenenver the current price is trading too close to their forecasts, and they are not confident in the forecast, then they seem to flag the share as a sell.