A week ago I posted that I thought FGL should have a good enough...

A week ago I posted that I thought FGL should have a good enough result to not only increase in price but to also carry their final dividend of 15.25 cents which is ex 7/9/2009.(refer previous post)
The backroom boys in brokers' offices are probably crunching the FGL numbers. Well a simple read of the presentation would tell you FGL had a very pleasing result.
1. Improved cashflow up to $463m from $351.7m.
2. Wine Strategic review implementation on track.
3. Increased final dividend of 15.25 cents ex 7/9/2009
4. Excellent chart pattern that looks like breaking out of the triangle pattern to the upside.
Suspect FGL will improve as the backroom boys finally come back & tell the bosses it was a great result.
Anyway you can do your research in 10-15 minutes on their ASX presentation & make you own decision ahead of the brokers' boys!
I will be looking to participate in their dividend reinvestment program & hopefuly obtain these shares for free & be able to trade out of my current holding for a profit as the market finally recognizes FGL's result. FGL have previously gone in the market to obtain the dividend reinvestment shares, so hopefully I will be able to trade into this market profitably, while FGL secure my "freebies" via their dividend reinvestment program.
This is becoming an annual event for me!
Thank you Mr. Fosters
Buffett
Regards
Buffett