FEA 0.00% 4.5¢ forest enterprises australia limited

deltaladyAnother GTP you reckon. Wishful thinking at best.This...

  1. 2 Posts.
    deltalady

    Another GTP you reckon. Wishful thinking at best.

    This one is a cash burner with little prospects of returning a divvy for at least 5 years, but of course by then they won't be around. Either gone under or swallowed up.

    They have been going a fair while now with stuff all profit being made. Seems all they are interested is making big noises about themselves to give the impression they are going places while creating a decent profit seems unachievable. I've done heaps on this dog already.

    As with most of these plantation investment companies
    shareholders prop up the investors and all the investors can do is to keep their fingers crossed that their extravagant tree growth rate claims come to reality which of course they won't.

    Take the price while it lasts or sit and wait for a t/o before it hits the wall.

    Whatever you do good luck - you will need it.


 
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