SASKATCHEWAN WHEAT POOL ( SWP.B - TSE ) Message Board

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Gold/Mining/Energy : SASKATCHEWAN WHEAT POOL ( SWP.B - TSE )

SWP 28.15

-0.3%

Nov 3 3:34 PM EST

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To: Marcman who wrote (4)	9/3/1997 1:44:00 AM
From: Glen McGlaughlin	of 47

Marcman,don't expect to get SWP under $16 and in fact it is finally showing the upside that I expect will be even more dramatic when Q4 is reported around the 3rd week of Sept. Prairie grain movement for 1996-97 actually ended up over 4 million tonnes over last year (33.6 mt) Swp handles about 33% of Prairie grain or about 56% of Sask grain. Either way SWP grain handlings will be about 1 milliom tonnes more than last year- quess what - that all goes to the bottom line, at least another $10 million to net earnings. When this hits the public press in 6 weeks, SWP shares will be back in the $18-20 range. Midland Walwyn is bullish on SWP, as is RBC at current levels. BOTTOM LINE- GET IN NOW AND PICK UP A TIDY 20% OVER THE NEXT 6 MTHS!! Glen McGlaughlin

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