FMG 0.87% $21.71 fortescue ltd

6 weeks left till end of year

  1. 2,920 Posts.
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    well we made it through half this quarter. lets hope the final 6 weeks bring us a good end year result. a bit more debt down and hope O/P is stable or even climbs some.

    2013/2014 was a mile stone passed in terms of reaching 155 tons capacity. hope it moves on now to a bumper 14/15 year.

    how will things look in 6 month and 12 month time. will be interesting. I just read that china plans to relax its property restrictions, and fast track its mini stimulus with infra spending. also expect the reserve rate req to be reduced adding more credit to the market.

    these will have an affect in final 6 month to support commodities prices. one day the news is bearish hard landing then its bullish. just printed words that affect trading.
 
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