FEI 0.00% 6.0¢ fe investments group limited

Most undervalued asx micro cap, page-4

  1. 2,836 Posts.
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    @Okaythen.

    You really need to do more research into the company that you don't hold. If you called the company or attended any of the AGM or spoke to management you would know that the loans that tomizone have are secured by leasing agreements as collateral. If TOM was to fail, the contracted leasing agreements and subsequent equipment become the property of FEI. Just like any bank loan, collateral is required. FEI have been through the GFC and only 2 of 31 non bank depositors to survive. Their loan default rate is around 1%. They have sound lending practices.
    Not sure you motivation in trying to downramp or create fear from incorrect facts.
    I think you are the one who needs to look deeper.!!
 
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