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Corus Group set to crash (CS.)     

Share editor - 20 Sep 2003 14:42

Corus are about to have even worse interim news when their results come out next week which is highly likely to set their share capital back to 300m or around 12p a share.
There is signs that the dutch arm of the company is about to decline as has the British arm worsened in the last 6 months.

little woman - 24 Nov 2003 19:57 - 21 of 25

People have been predicting that Corus was going to crash all year (hence the thread) - but you have seen it has never happened. Yes the share has gone down, but it has also gone up.

Corus has a poor reputation in the UK - just as well they no longer as big in the UK as before(which I suspect many don't realsie) - which may have a lot to do with why they are still going strong.

Not knowing the price you've been offered the option - its difficult to say - but ask yourself - do you think Corus has a future? If no - forget the option, but if yes - go for it!

plumbob - 24 Nov 2003 19:59 - 22 of 25

plumbob - 24 Nov 2003 20:04 - 23 of 25

sold my corus on friday. rebuying von 6th dec

xmortal - 24 Nov 2003 21:35 - 24 of 25

A week ago. I read in Reuters news digest (a investment house prediction) that they will reach 50 just before the new shares hit the market then drop to 40p. I bought at 32p. Also Mr Bush said that import santions on EU steel will be lifted. Corus is still a well recognised competitor among its European counterparts so it can be a good catch if any decides to buy Corus. I know the last bit is just a conjecture. Risky. I m in for rapid profits then out

little woman - 25 Nov 2003 09:26 - 25 of 25

Buying & selling this share this year has given me the largest profit overall I have made on any share!
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