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Re: [sharechat] fletcher forest by macdunk


From: "mick" <mick100@extra.co.nz>
Date: Sun, 14 Sep 2003 11:58:41 +1000


hi all
I think FFS is run by idiots
Just when the value of their plantations appears to have  reached
rock bottom they decide it's time to sell them.
 
The trees will have value again one day
As we don't have the proccessing facilities in NZ  the wall of wood
will be leaving NZ on log boats and I suspect arriving in China and the rest
of Asia. The Asian economies are looking quite good at the moment
compared to the rest of the global economy
Asia is where the forestry companies should be pushing there marketing,
not the US
 
If FFS do manage to sell thier platations I will sell my shares in FFS
I want to own shares in companies which own the resourses, not proccessing
companies. In NZ Evergreen is such a company although I don't think one
should be in a mad rush to buy any forrestry share at the moment.
 
 
Mick

 
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