Watford...I did read the TIi report on TIM and it sent shivers down my spine.
As I see it for TII (and this is after reading the many subscriber issues where they are clearly getting very irate), TIM is the bullet in the breech in a game of Russian roulette.
IF TIM goes off then TII will have a massive, massive flight of subscribers. I'm not sure they can move any further on their recommendation other than a HOLD.
But hey, read their report..who would want to be in TIM?
AlphaCenturion has the investor profile exactly right. This never was an investment for 90% of them...merely a "make the taxman go away" temporary solution.
I've been there myself...both as an investor and a promoter (albeit many years ago). Not one of these things ever worked.
Yep...there are massive problems at present and the future doesn't look any brighter. A public company just cannot make money out of farming.
As to whether TIMPB is secure or not is the $64 question.
For mine its like having security over the silverware on the SS Titanic and hence the reason why I moved over to SEVPC!
I genuinely urge all investors not to get blinded by the huge returns on offer; for this old financial expression is more apt in todays market than normal:
The lower the risk...the lower the return The higher the return...the higher the risk.
That's why I find TII's existing support for TIM strange for they preach the message that the #1 rule of investing is preserve your capital.
TIM Price at posting:
17.5¢ Sentiment: Sell Disclosure: Not Held
