FGE 0.00% 91.5¢ forge group limited

Hi BarakaTheir half yearly accounts will be interesting to look...

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    Hi Baraka

    Their half yearly accounts will be interesting to look at, especially the 'loss' and the ratio of 'debt to equity'.

    Your estimate of the full year loss of ($180m) seems reasonable.

    D&A and Finance costs could be more than in FY 2013 and they were a significant amount then:

    FY2013:
    D&A $21.4m
    Finance costs: $4.8m


    FGE obviously need ANZ's support but with these latest downgrades will it matter ? Very sad for long term holders.
 
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