Take over target?

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kovey

261 Posts.

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09/01/18

12:47

Post #: 30158105
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Originally posted by kovey ↑

Then all that's needed is a little wisdom from those who hold the "truck load of shares" coming out of escrow next month including FIG's management. If they do care about the business, share holders and their own reputation they should just announce to the market that they won't be selling their shares for a good length of time till trust is back in the business and its management which can hike the price. In this day and age of grab and run, yes may be fat chance. I'll be off loading my holding at a considerable loss if no good news comes out by the end of January. There are elsewhere many decent bunch of people running good companies I can trust my money with. My portfolio includes three other companies all in the positive quite handsomely and I can see their management have been behaving so differently from this self centred bunch who have shown little or no interest in the long term viability and profitability of the business. If I held enough shares to do so, I'd be calling for the senior management and directors' immediate removal. I've made and lost money in the last 15 years I've been doing the stock market and I've bought and sold over 300 different companies shares but very few of them have left this kind of negative impression on me as FIG's drivers have. Until proven otherwise, I wouldn't trust them with a truck carrying dirt to the rubbish dump. Interestingly, Bell Direct still have got a buy recommendation for this company. I really would like to know where this wisdom is coming from. Please somebody enlighten me. This company looks like a ship sailing without a captain only at the mercy of ocean waves and other celestial elements.

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Take over target?

FIG Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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Take over target?

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