Dec 01st 2008 - Edison Investment Research today published a report on Trifast (TRI.L, LSE:TRI, LON:TRI) entitled "Winning New Business". In summary, the report says:
Trifast, as a fundamental lead indicator for the economy, was among the first to feel the impact of the deteriorating trading climate and its share price bears the scars. At the current level, the share price reflects growing fears about global manufacturing output, but ignores the amount of new business being secured and the fact that gross margins are being largely sustained. The shares offer real value, but seem unlikely to respond to the groupâ€™s attributes until positive signs of economic recovery emerge.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »