up the wrong tree

Comments from others are many and variable,point in case are the comments on the GNS hotcopper site,inparticular look at the share price at the the time of its first posting and then the latest.Unless the major institutional investors keep propping?,is this deja-vue again?

Oh,just to make it simple for folks,the banks liquidated GTP.

What you are voting for is the banks controlling your asset that you have paid for visi-via a tree company.
By the investors liquidating the schemes that STILL own what everyone wants the trees,it leaves the current owner a big fat debt in land and that is the club banks,not you

up the wrong tree (osake)
Forum: ASX - By Stock (Back)
Code: GNS - GUNNS LIMITED ( 88c | Price Chart | Announcements | Google GNS)
Post: 4771254 (Start of thread) Views: 190
Posted: 24/11/09 13:54 Stock Price (at time of posting): 98c Sentiment: Sell Disclosure: No Stock Held From: 121.222.xxx.xxx


Gunns have missed the boat on the pulp deal .While they have been stuffing around in Oz in South America there have been 4 huge pulp mills established and one in China with another one being built.It will not be able to compete with 7 yr plantation rotations and cheaper energy,labour,operating costs in SA.It will only subsidize the Chinese and Japanese who will sell the added value back to Oz. For less than a billion bucks a rational company would have built a BCTMP mill requiring only 2000 000 m3 of plantation timber and no pollution drama with 2 large paper machines. Oz imports over $ 1 000 000 000 of printing and writing paper per year. Gunns cant see the forest for the trees .The Board should be sacked .They are a joke in the global forest industry.