Again talking of asset sales and senior management changes.With this news hitting the media the price will explode.

Thanks Joe - currently looking at morrisons - bit late I know &
ITV what about you?

Yeah well done transco. I remember I was in these @ 8.75. silly me sold out in early teens.

thanks azhar - If hadnt been on holiday I would have been very tempted
but I have missed out so many times by selling too early.

These could fall back to 46-47 from a charting point of view at which point I'd go seriously long. I'm still in. Can't continue to rise unabated, there'll always be dips and retracements. If you can get them right you'll make money, but I'd rather sit tight as they are still in an uptrend (imho!).

Corus Group plc 2004 Interim Results

Highlights

Substantial improvement in financial performance

Group operating profit improved by 204m to 147m, with the rate of
progress accelerating sharply in the second quarter.

Approximately 100m (c.50%) of the improvement was attributable to the
Group's 'Restoring Success' programme, which is progressing well and to
plan.

Competitive EBITDA margin gap estimated to have narrowed from 6% to
4.5%.

Balance sheet gearing at 43%. Bond launched to extend debt maturity
profile.

Two new board appointments.

might explain the fall:-

Anglo-Dutch steel maker Corus eased back by 0.5p to 49.5p after bear raider Evil Knievil revealed that he had dumped his entire stake at 49p on his legendary EvilCast. Evil bought in at 10p and has been a major bull but warned that he sees no bid coming from Russia and that UK overheads are still far too high

Evil almost always gets it correct.

96m just dumped @ 50p !!! 48,000,000 would that be that Ruski?

Wow and another!!!

Who's playing with the trades? (100m)

must be a miss print

These were buys I think - wrongly attributed.

@ 50p ???

what sort of target price has this share got?

According to my calculations the we are in unknown waters here.
The skys the limit if China's economy keeps growing at a pace.
Making Steel is a different ball game now.

could they reach the dizzy height of 160p as they were in 2000 ?

Why not - as I say different ball game these days.
forget past performance the old management have all but gone.
Its like a brand new business IMHO.

Well you only have to look at the results, its amazeing really, some may say it took to long but look at all the stick they were getting and all the bad publicity 53p now, and theres going to be ups and downs but i think it will just rise and rise, and that 160 is not unrealistic imho in the mid to long term.

I'd like to see 160 pence really I would but take notice of Evil's comments - sure there is a much healthier outlook but the alu. business needs to find a buyer (at a realistic price) and the restructuring in the UK will be far from easy to accomplish in reality. As a long time proponent of CS and an admirer of Varin I'd love it to happen but I think it will take some doing. Let's not be too greedy.

what sort of target price does it have for christmas. cheers windys