TIM 0.00% 4.4¢ timbercorp limited

letter from ceo, page-2

  1. 3,282 Posts.
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    My thoughts exactly Watto...nothing new.

    Sol must be feeling the pressure so he decides to send out a "feel good" letter to let the troops know that there is a direction.

    As you know I don't agree with the direction - a public company with the extra layer of public company expenses involved in agribusiness, come on!

    And, it makes for good reading when he says that "when they sell the assets and lease them back".....these assets aren't easily sold and who in their right mind would buy unless the rent charged was so finanicially lucrative that it makes it worthwhile.

    Boom-Boom...more expense for TIM.

    Nah...all in all this ann is a "I wanna get some shareholder heat off my back" variety.



 
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