FBT for car leasing in Australia?
There is a well known book on the Australian sharemarket where a well known firm, is offered as a wonderful example of sound financials, with stellar cashflow as a highlight.
Nothing wrong with getting stuck in on the government teat.
I think that we are starting to get hints as to a reversal of fortunes for CFU. I put in for the CR after not participating for a few years.
Bob has a lot of skin in the game, and is dropping hints that the company may be finding a way forward, at a slow pace IMO. After the disappointment last year, the market will be taking a cautious view - to wait and see what unfolds - so I am not expecting CFU to run hard on any announcement in the near future.
This is an opinion only - and holders could be in for more pain?
CFU Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held