what happened, page-5

Despite the many negative views on this thread re TFC I too think the company has a good LT future despite any possible ST weakness in the MIS sales for 2008/09.

The trees will still be growing and adding value for the Company and, as the forests are valued in USD (why??), there should be a good (alibet non-cash) profit from revaluations of the forests this year due to the AUD/ USD rebalance...

Whilst taking onboard the comments about the unproven quality of Australian vs Indian sandalwood oil the fact that wild stand tree stocks are being pillaged globally and with the long time period required to replace (if ever??) these stocks then surely TFC is well placed medium/ long term...

I also take confidence with the amount of TFC insider buying at around $1 recently.