FEA forest enterprises australia limited

profit down grade

  1. zwu
    2,454 Posts.
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    In the latest announcement, FEA says its net loss after tax for the year ended 30/6/2009 is $6 million to $8 million.

    This is about -1.4c to -1.9c per share, slumped from the consensus prediction of 3.5c/s just 7 days ago in ComSec.

    FEA's net Debt jumped from $150m- a year ago to $197m, or say 36c per share, which is 238% of its current price of 15c/s.

    Any thoughts of FEA's future?

 
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Currently unlisted public company.

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