what happened, page-34

Whew!! I haven't looked at FWD for a few weeks. I sold out in the 9s a while ago thinking I might get to buy back in the 7s so I count myself lucky here.

Turned out a fine call for you Bloater, well done, hope you've scored the whole move thus far.

I'm still going to have it in my long tem buy list though, overall the management have been sound and the company is hardly leveraged. They have a foundation they can build upon. My sentiment is none while assessing where this is going to find a base.

Dreambuyer, I tend to disagree a bit re future for caravans. All markets peak and trough, caravans are no exception. However we have a growing population, the fastest growing in the OECD I think, so assuming Australia's long term relationship with caravans continues as it has in the past then long term industry volume should grow. The onus is thus going to be on management to sustain market share.