FBR 2.33% 4.4¢ fbr ltd

AGM takeaways, page-136

  1. 6,095 Posts.
    lightbulb Created with Sketch. 462
    Bdawg, I'm sorry to hear about your friends financial circumstances. Its a very hard thing to "recommend" stocks to other people for me. As hockey pointed earlier, what I'll disagree is that he doesn't know the circumstances of how and when I recommended the shares. I always preamble it , especially with FBR on "Money you can afford to lose". As its an extremely high risk, speecy stocks. If they have the jeebis and I know they are financially "unstable", I always default to ETFs.

    As for the question.

    Yes its working, compared to say 1 year ago. You got to remember, versus when its first listed and when the H101 vid was announced, it has come a long way. Back then its jsut an "idea", its nothing more then a "shed". Look at where it is now, we are talking about actual display homes building, HX manufacturing, signings in Australia/Europe/US. Imagine this, in a period of less then 5 years, its gone from a "shed", to multi sites, to potential mass manufaturing/building.

    There is always risk with these sort of things, and as usual, the point is would you psychologically be able to stomach should everything ends in bankrupcy?
 
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