Molonski I am not sure that i agree with you. Yes MIS is going to be difficult this year but dont forget GTP and TIM no longer in the market. TFC,WFL and FEA have all expressed confidence in doing well this year
You have to remember that all three are a different fish to GTP and TIM in that they are intergrated and dont rely entirely on MIS for income so even if that income is down this year I am confident that they will bounce back bigger and stronger than ever
None of those companies have debt levels anywhere near GTP and TIM and have stuck to their knitting by not branching out into other forms of MIS.They all realised long ago that it was imprudent to rely soley on MIS to survive and did something about it
I feel for investors in GTP and TIM but cannot see that FEA should be considered in the same light
Will have a bit of an anxious wait to the 30th June but I believe that there will still be people interesed in investing in FEA Look at the returns on FEA's first two harvests Cheers
FEA Price at posting:
12.2¢ Sentiment: LT Buy Disclosure: Held
