FEA 0.00% 4.5¢ forest enterprises australia limited

Opto,Your report of 4/6/2009 is out of date.FYI. FEA's 2009 MIS...

  1. zwu
    2,411 Posts.
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    Opto,

    Your report of 4/6/2009 is out of date.

    FYI.

    FEA's 2009 MIS sales slumped by 80+% to $23m from $116m a year ago and its debt jumped to $200m from ~$150m.
    (Please just imagine how to service $200m debts with $23m MIS revenue even before deducting 10+% commissions!)

    Its self-estimated 2009 loss will be $6-$8 million after tax.

 
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