Buy recommendation for Billerud

April 8, 2009 by timbercommunity

The Swedish Biz Magazine recommends buying shares in Billerud noting among other things lower prices on wood and Swedish crown at record low. Billerud,a leading supplier of materials to the packaging market, has lost about 75% of its value and sales dropped 16% during Q4 2008. The magazine recommends buying Billerud shares with a 1-2-year perspective - even calulating the risk for a right issue to raise money.

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