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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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