FEA 0.00% 4.5¢ forest enterprises australia limited

positive investment research, page-9

  1. 3,788 Posts.
    I think the future of FEA , will be similar to that of other " great " MIS players , the problem is the model ..Its pretty much the same , and albeit that I wish that did work ..alas it does NOT !

    If the sales were higher , they would have the same problems faced my GTP and TIM .

    This companies IPO was at $1 .. Its pretty much been a basket case from Day 1 , volume is tiny . MIS is r+oted , and Sales are way down . Even if sales matched last year they have problems , its a revolving door .

    Please dont kid yourself that this is different from the others ..Its NOT . Unlikely to continue in its current form , and certainly not a stock to be showing any interest in right now . Many opportunities outside this one .

    Look at this one ..then look well beyond ( In my opinion ) ..I dont hold , nor have any interest in .
 
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Currently unlisted public company.

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