institutions buying, page-7

Hi elee

I have held ENG almost as long as FRE. I sold ENG for profit and now only hold FRE. I do believe that they will be entering the Australian market and compete directly with ENG in the not too distant future - I have read reports of this.

I do not think ENG has been up front with holders - they are not the market leader that they state so I question them and therefore the current market value. Clearly FRE's deal with Tesco provides an edge for FRE. I feel that if ENG does not grow very quickly now, they will collapse as quickly. It is hard investing in companies with little revenue but I feel FRE's current market cap makes it a buy. I'll start posting articles on FRE that I have come accross in the next few days.

FRE also has primary support from "elsewhere" so that has to be an advantage. News soon IMO.