REFS is
a mine of invaluable information for the private investor.
Selecting shares without its help is like trying to
clap with one hand tied behind your back.
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Date
The date shows when each current unaltered forecast
was first published. The date changes if an element of the forecast
is revised. If the current forecast is an upgrade (or downgrade)
of an earlier forecast for the same period, a plus (or minus)
sign is shown against the appropriate forecast element.
If the current forecast has been reconfirmed
since being first published, the reconfirmation date is recorded
and, though not shown, is taken into account when date-weighting
the consensus. When calculating the date-weighting, the reference
point is moved forward to midway between first publication date
and latest reconfirmation date.
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