Sunday, January 27, 2013

The Original Financial Assumptions - Part 1 (1986)

The recent posts of analysts views of Tencel and their estimates of costs reminded me to check back to the original documents to see the Courtaulds Research projections made 10 years earlier in 1986.

The differences are, not surprisingly, substantial, but not all due to overoptimism on the part of Courtaulds Research.  More comments later...

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