Hi,
The link below will direct you to the broker report of Timbercorp (TIM), despite it is out of dated( 22nd/May/08),it offers a good explanation to our concern regarding the high gearing level of this company
In which i quoted "...It should be highlighted that TIM is essentially a finance company operating in the
agribusiness space and such gearing levels are not abnormal..."
Broker report:
https://online.austock.com/pdf/TIM%20220508.pdf
