positive investment research, page-26

Correct Lordolean except that years ago FEA MK1 originally fitted the decripition you give of GTP/TIM. FEA almost went under when the govt changed the MIS rules and to their credit they survived. After that they consolidated and bumbled around and became FEA MK2, "an added value" forestry/timber company. Unfortunately management made a ham fisted job of that which now leaves them where they are now; big debt/little cash/added value losers. It now needs for the company to convince investors that it can service the debt, raise cash, pay the bills and turn loss into profit.