FEA 0.00% 4.5¢ forest enterprises australia limited

positive investment research, page-21

  1. 42 Posts.
    Opto, I respect your opinions some of which seem to be formed from the 1/2 year 08 which highlighted the big fat loss from the BB board mill. The profit from the 1/2 share woodchip mill would barely cover the petty cash; around $280,000 I seem to recall. Their predictions this financial year is for a loss of up to $8m which gives little encouragement as I see it, you may think differently. Like you I am looking forward to the release of this year's figures which will allow all to talk more precisely about the future or lack thereof for FEA. In the meantime trying to draw conclusions from historic figures which may not relate to the current position could be dangerous. On the face of it and by their own admission their position now looks to be somewhat unhealthy.

    Best of luck to you anyway Opto, sorry but I won't come along for the ride.
 
watchlist Created with Sketch. Add FEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.