TIM 0.00% 4.4¢ timbercorp limited

I don't think there was much more to add other than what is in...

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    I don't think there was much more to add other than what is in notes. I don't often go to these sort of presentations but I think I will from now on. What came across is the unsaid stuff, body language, how he spoke about issues, etc. I get the feeling that, whilst a tough year ahead, there is a genuine game plan and the banks are behind the company. The fact that he said they are aware of the intention to pay TIMPB and TIM says a lot I think. We will see asset sales and debt reduction and maybe 2009 is a breakeven sort of year but 2010 onwards things look a lot better as annuity income kicks in.
 
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Currently unlisted public company.

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