trading fpara, page-5

Redmoon,

Each to his own, nice to get the balance of some "glass half empty" people when the DOW is getting so exuberant.

1) I think you are too impatient on the sp, it has a lot of new script and people like you to swallow. Besides action in, up 3c so far this am. The lack of big pre/post rts selloff is encouraging wrt sp for some of us.
2) So, it looks like 11 or 17 months before a divi, what do you expect with a recapitalisation, esp one where the final stage will be from profit retention.
3) What is there to look forward to? heaps imho. Recovery of sales in NZ and US esp, recovery of margins, new products, product into China/new markets, new factories running and providing the planned savings. But oh no, the glass is empty.

I am backing this management, and backing that the sp has only partially started to do so.

I could be wrong, I bought some at A$2 or so 18 months ago. But then I could be right, I refrained from buying again until backing the truck up in the 30's/40's.

EL