Forum Archive Index - February 2001

[Greg Pearson <pearson@met.co.nz>]

FFS is probably a good med-long term hold.

Most analysts put FFS somewhere between 38 and 50cps, and that is at the bottom 
of the log commodity cycle.
There are a few hurdles over the next 6 months, with the FLC separation process 
and the CITIC wrangle.
But the share price will probably increase as each hurdle is overcome.

I would say that if you can hold onto your FFS for a year or more, you'll do 
quite nicely.
In 2-3 years time the current price may look incredibly cheap.

Disc:  Own a few FFS.


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