FEA 0.00% 4.5¢ forest enterprises australia limited

re: take over bid dazzler - had it been 3 months ago I would...

  1. 5,784 Posts.
    re: take over bid dazzler - had it been 3 months ago I would have been extremely positive on the trading halt. Funny market now though - most halts are bad news. However, based on recent performance and what this company has stated I would be surprised if this were the case?

    Just have to wait and see I guess. But for me the financial performance of this stock over the past 2 years has been great...

    ie eps growth of 154%, 982%, 336% and 208% period on period (oldest to latest)

    Revenues up 61%, 43%, 56% and 52%

    ROA up from 1.3% to 3% (only bit I don't like - I like 15% plus)

    Operating margins also showing conflicting signals - 4.7% last period but 17% for full year before? Maybe earnings are skewed to 2nd half (must be?)?

    $17 million perhaps in retained profits as at last report?

    Looks ok to me - but as I said a strange market at the minute.

    All the best mate
 
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